IRIS Accounts Production v23.3.1.45 SC551093 director 1.12.21 30.11.22 30.11.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC5510932021-11-30SC5510932022-11-30SC5510932021-12-012022-11-30SC5510932020-11-30SC5510932020-12-012021-11-30SC5510932021-11-30SC551093ns10:Originalns15:Scotland2021-12-012022-11-30SC551093ns14:PoundSterlingns10:Original2021-12-012022-11-30SC551093ns10:Originalns10:Director12021-12-012022-11-30SC551093ns10:Original2021-12-012022-11-30SC551093ns10:Original2022-11-30SC551093ns10:Originalns10:PrivateLimitedCompanyLtd2021-12-012022-11-30SC551093ns10:Originalns10:SmallEntities2021-12-012022-11-30SC551093ns10:Originalns10:AuditExempt-NoAccountantsReport2021-12-012022-11-30SC551093ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2021-12-012022-11-30SC551093ns10:SmallCompaniesRegimeForAccountsns10:Original2021-12-012022-11-30SC551093ns10:Originalns10:FullAccounts2021-12-012022-11-30SC551093ns10:Originalns10:RegisteredOffice2021-12-012022-11-30SC551093ns10:Original2021-11-30SC551093ns10:Originalns5:CurrentFinancialInstruments2022-11-30SC551093ns10:Originalns5:CurrentFinancialInstruments2021-11-30SC551093ns5:ShareCapitalns10:Original2022-11-30SC551093ns5:ShareCapitalns10:Original2021-11-30SC551093ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-11-30SC551093ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-11-30SC551093ns10:Originalns5:PlantMachinery2021-12-012022-11-30SC551093ns10:Originalns5:MotorVehicles2021-12-012022-11-30SC551093ns10:Originalns5:ComputerEquipment2021-12-012022-11-30SC551093ns10:Original2020-12-012021-11-30SC551093ns10:Originalns5:PlantMachinery2021-11-30SC551093ns10:Originalns5:MotorVehicles2021-11-30SC551093ns10:Originalns5:ComputerEquipment2021-11-30SC551093ns10:Original2021-11-30SC551093ns10:Originalns5:PlantMachinery2022-11-30SC551093ns10:Originalns5:MotorVehicles2022-11-30SC551093ns10:Originalns5:ComputerEquipment2022-11-30SC551093ns10:Originalns5:PlantMachinery2021-11-30SC551093ns10:Originalns5:MotorVehicles2021-11-30SC551093ns10:Originalns5:ComputerEquipment2021-11-30SC551093ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30SC551093ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2021-11-30
REGISTERED NUMBER: SC551093 (Scotland)
















Unaudited Financial Statements

for the Year Ended 30 November 2022

for

Energy Certificates Scotland Limited

Energy Certificates Scotland Limited (Registered number: SC551093)






Contents of the Financial Statements
for the Year Ended 30 November 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Energy Certificates Scotland Limited

Company Information
for the Year Ended 30 November 2022







DIRECTOR: Neil Howie





REGISTERED OFFICE: Westburn Business Centre
McNee Road
Prestwick
Ayrshire
KA9 2PB





REGISTERED NUMBER: SC551093 (Scotland)





ACCOUNTANTS: Gillespie & Anderson
Chartered Accountants
147 Bath Street
Glasgow
G2 4SN

Energy Certificates Scotland Limited (Registered number: SC551093)

Balance Sheet
30 November 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,691 11,409

CURRENT ASSETS
Debtors 5 - 1,703
Cash at bank 66,377 30,477
66,377 32,180
CREDITORS
Amounts falling due within one year 6 15,203 19,946
NET CURRENT ASSETS 51,174 12,234
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,865

23,643

PROVISIONS FOR LIABILITIES 511 2,239
NET ASSETS 53,354 21,404

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 53,353 21,403
SHAREHOLDERS' FUNDS 53,354 21,404

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 November 2023 and were signed by:



Neil Howie - Director


Energy Certificates Scotland Limited (Registered number: SC551093)

Notes to the Financial Statements
for the Year Ended 30 November 2022

1. STATUTORY INFORMATION

Energy Certificates Scotland Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern
The director reviews the cash requirements of the business on a regular basis to ensure that there are sufficient resources to meet commitments as they fall due. In addition the director introduces funds from personal sources from time to time to support business expenditure. On this basis the director has concluded that the company has sufficient resources to meet its commitments over the next year and accordingly has prepared the accounts on a going concern basis.

Turnover/revenue recognition
Sales comprise the fair value of the consideration received or receivable for the sale of goods and rendering of services in the ordinary course of the Company's activities.

Sales are presented, net of value-added tax, rebates and discounts.

The Company recognises revenue when the amount of revenue and related cost can be reliably measured, it is probable that the collectability of the related receivables is reasonably assured and when the specific criteria for each of the Company's activities are met.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & Equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Tangible fixed assets are stated at cost less depreciation.

Energy Certificates Scotland Limited (Registered number: SC551093)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2022

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial assets and liabilities are recognised when the company becomes a party to the contractual provisions of the instrument and are classified in accordance with their underlying economic reality.

The company has two main categories of financial instruments, which are loans and other receivables and other financial liabilities:

Loans and other receivables
Loans and other receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market. Upon recognition, these assets are measured at fair value less directly related transaction expenses. In successive periods these are measured at amortised cost, and any differences between acquisition cost and redemption value is accounted for over the borrowing period by using the effective interest method. If transaction costs are immaterial and the credit period is short, amortised cost is equal to the nominal value less any allowance for credit losses.

Other financial liabilities
Other financial liabilities are recognised initially at fair value, net of transaction costs incurred. In successive periods these are measured at amortised cost. Any differences between acquisition cost and redemption value is accounted for over the borrowing period by using the effective interest method. If transaction costs are immaterial and the credit period is short, amortised cost is equal to the nominal value.

Impairment of financial instruments
A provision for impairment is established when there is objective evidence that, as a result of one or more events that occurred after the initial recognition, the estimated future cash flows have been impacted.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Cash and cash equivalents
Cash and cash equivalents comprise cash held by the company and short term bank deposits with an original maturity of three months or less from inception and are subject to insignificant risk of changes in value.

Impairment of fixed assets
At each reporting date, the company reviews the carrying amounts of its tangible and intangible fixed assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the amount of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Energy Certificates Scotland Limited (Registered number: SC551093)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant & Motor Computer
Equipment vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2021 1,936 13,674 3,181 18,791
Disposals - (13,674 ) - (13,674 )
At 30 November 2022 1,936 - 3,181 5,117
DEPRECIATION
At 1 December 2021 579 5,670 1,133 7,382
Charge for year 202 - 512 714
Eliminated on disposal - (5,670 ) - (5,670 )
At 30 November 2022 781 - 1,645 2,426
NET BOOK VALUE
At 30 November 2022 1,155 - 1,536 2,691
At 30 November 2021 1,357 8,004 2,048 11,409

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors - 1,170
Other debtors - 533
- 1,703

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Taxation and social security 12,975 1,666
Other creditors 2,228 18,280
15,203 19,946

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The balance on the director's loan account is interest free and repayable on demand.