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REGISTERED NUMBER: 02690071















INDUCED ENERGY LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023






INDUCED ENERGY LIMITED (REGISTERED NUMBER: 02690071)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Balance Sheet 1


INDUCED ENERGY LIMITED (REGISTERED NUMBER: 02690071)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
£    £    £    £   
FIXED ASSETS 29,177 2,198

CURRENT ASSETS 340,111 304,859

CREDITORS
Amounts falling due within one year (100,401 ) (61,257 )
NET CURRENT ASSETS 239,710 243,602
TOTAL ASSETS LESS CURRENT
LIABILITIES

268,887

245,800

CREDITORS
Amounts falling due after more than
one year

2,751,453

2,751,574
NET LIABILITIES (2,482,566 ) (2,505,774 )

CAPITAL AND RESERVES (2,482,566 ) (2,505,774 )

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Induced Energy Limited is a private company limited by shares. The company is registered in England under number 02690071 and the address of the registered office is Souldern Manor, Bates Lane, Souldern, Bicester, Oxfordshire, OX27 7JT.

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 5 (2022 - 4 ) .

3. GOING CONCERN

These financial statements have been prepared on a going concern basis as appropriate financial support has been provided.



INDUCED ENERGY LIMITED (REGISTERED NUMBER: 02690071)

BALANCE SHEET - continued
28 FEBRUARY 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 22 November 2023 and were signed on its behalf by:





Dr R S Sanders - Director