1 January 2021 false No description of principal activity Taxfiler 2022.8.3 07888622business:PrivateLimitedCompanyLtd2021-01-012021-12-31 078886222020-12-31 078886222021-01-012021-12-31 07888622business:AuditExemptWithAccountantsReport2021-01-012021-12-31 07888622business:FullAccounts2021-01-012021-12-31 078886222021-12-31 07888622business:Director12021-01-012021-12-31 07888622business:Director22021-01-012021-12-31 07888622business:CompanySecretary12021-01-012021-12-31 07888622business:RegisteredOffice2021-01-012021-12-31 078886222020-12-31 07888622core:WithinOneYear2021-12-31 07888622core:WithinOneYear2020-12-31 07888622core:AfterOneYear2021-12-31 07888622core:AfterOneYear2020-12-31 07888622core:ShareCapital2021-12-31 07888622core:ShareCapital2020-12-31 07888622core:RetainedEarningsAccumulatedLosses2021-12-31 07888622core:RetainedEarningsAccumulatedLosses2020-12-31 07888622business:SmallEntities2021-01-012021-12-31 07888622countries:EnglandWales2021-01-012021-12-31 07888622core:PlantMachinery2021-01-012021-12-31 07888622core:PlantMachinery2020-12-31 07888622core:PlantMachinery2021-12-31 07888622core:MoreThanFiveYears2021-12-31 07888622core:MoreThanFiveYears2020-12-31 07888622core:AfterOneYear2021-01-012021-12-31 07888622business:OrdinaryShareClass12021-01-012021-12-31 07888622business:OrdinaryShareClass12020-01-012020-12-31 078886222020-01-012020-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 07888622 (England and Wales)
Eastridge Energy Limited Unaudited accounts for the year ended 31 December 2021
Eastridge Energy Limited Unaudited accounts Contents
Page
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Eastridge Energy Limited Company Information for the year ended 31 December 2021
Directors
J Tucker R Tucker
Secretary
J Tucker
Company Number
07888622 (England and Wales)
Registered Office
Langland Morchard Bishop Crediton Devon EX17 6RQ United Kingdom
Accountants
EllamWalker Accountants Ltd Sydeham Farm Rackenford Tiverton Devon EX16 8ER
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Eastridge Energy Limited Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
939,565 
1,004,352 
Current assets
Debtors
47,366 
84,522 
Cash at bank and in hand
132,263 
97,301 
179,629 
181,823 
Creditors: amounts falling due within one year
(28,912)
(19,621)
Net current assets
150,717 
162,202 
Total assets less current liabilities
1,090,282 
1,166,554 
Creditors: amounts falling due after more than one year
(905,773)
(1,040,866)
Provisions for liabilities
Deferred tax
(64,112)
(64,112)
Net assets
120,397 
61,576 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
120,297 
61,476 
Shareholders' funds
120,397 
61,576 
For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2022 and were signed on its behalf by
R Tucker Director Company Registration No. 07888622
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Eastridge Energy Limited Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
Eastridge Energy Limited is a private company, limited by shares, registered in England and Wales, registration number 07888622. The registered office is Langland, Morchard Bishop, Crediton, Devon, EX17 6RQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20 Years Straight Line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2021
1,295,746 
At 31 December 2021
1,295,746 
Depreciation
At 1 January 2021
291,394 
Charge for the year
64,787 
At 31 December 2021
356,181 
Net book value
At 31 December 2021
939,565 
At 31 December 2020
1,004,352 
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Eastridge Energy Limited Notes to the Accounts for the year ended 31 December 2021
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
1,695 
- 
Trade debtors
6,137 
- 
Accrued income and prepayments
39,534 
84,522 
47,366 
84,522 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
- 
1,059 
Taxes and social security
50 
50 
Accruals
28,862 
18,512 
28,912 
19,621 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
624,176 
739,269 
Loans from directors
281,597 
301,597 
905,773 
1,040,866 
Aggregate of amounts that fall due for payment after five years
- 
79,986 
The bank loan is secured on assets of the company.
8
Share capital
2021 
2020 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Transactions with related parties
Included in other creditors falling due after more than one year is a loan from the directors of £281,597 (2020 - £366,597). This loan is not accruing interest.
10
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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