Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01falseNo description of principal activity108truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06072650 2022-04-01 2023-03-31 06072650 2021-04-01 2022-03-31 06072650 2023-03-31 06072650 2022-03-31 06072650 2021-04-01 06072650 c:Director2 2022-04-01 2023-03-31 06072650 c:Director3 2022-04-01 2023-03-31 06072650 d:PlantMachinery 2022-04-01 2023-03-31 06072650 d:PlantMachinery 2023-03-31 06072650 d:PlantMachinery 2022-03-31 06072650 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 06072650 d:FurnitureFittings 2022-04-01 2023-03-31 06072650 d:FurnitureFittings 2023-03-31 06072650 d:FurnitureFittings 2022-03-31 06072650 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 06072650 d:OfficeEquipment 2022-04-01 2023-03-31 06072650 d:OfficeEquipment 2023-03-31 06072650 d:OfficeEquipment 2022-03-31 06072650 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 06072650 d:OtherPropertyPlantEquipment 2022-04-01 2023-03-31 06072650 d:OtherPropertyPlantEquipment 2023-03-31 06072650 d:OtherPropertyPlantEquipment 2022-03-31 06072650 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 06072650 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 06072650 d:CurrentFinancialInstruments 2023-03-31 06072650 d:CurrentFinancialInstruments 2022-03-31 06072650 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 06072650 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 06072650 d:ShareCapital 2023-03-31 06072650 d:ShareCapital 2022-03-31 06072650 d:RetainedEarningsAccumulatedLosses 2023-03-31 06072650 d:RetainedEarningsAccumulatedLosses 2022-03-31 06072650 c:FRS102 2022-04-01 2023-03-31 06072650 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 06072650 c:FullAccounts 2022-04-01 2023-03-31 06072650 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 06072650 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 06072650 d:AcceleratedTaxDepreciationDeferredTax 2022-03-31 06072650 d:RetirementBenefitObligationsDeferredTax 2023-03-31 06072650 d:RetirementBenefitObligationsDeferredTax 2022-03-31 06072650 6 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 06072650










ENERGYTEST LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

 
ENERGYTEST LTD
REGISTERED NUMBER: 06072650

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
22,020
25,056

Investments
 5 
1
1

  
22,021
25,057

Current assets
  

Debtors: amounts falling due within one year
 6 
342,090
317,796

Cash at bank and in hand
  
76,383
32,443

  
418,473
350,239

Creditors: amounts falling due within one year
 7 
(234,085)
(191,642)

Net current assets
  
 
 
184,388
 
 
158,597

Total assets less current liabilities
  
206,409
183,654

Provisions for liabilities
  

Deferred tax
 8 
(2,213)
(2,816)

Net assets
  
204,196
180,838


Capital and reserves
  

Called up share capital 
  
21
21

Profit and loss account
  
204,175
180,817

  
204,196
180,838


Page 1

 
ENERGYTEST LTD
REGISTERED NUMBER: 06072650
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 November 2023.




Mr T W McMahon
Mr S J Townsend
Director
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
ENERGYTEST LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Energytest Ltd is a private Company limited by shares, incorporated in England and Wales (registered number: 06072650). Its registered office is Unit 10, Westbrook Court, Sharrow Vale Road, Sheffield, S11 8YZ. The principal activity of the Company throughout the year continued to be that of environmental consultancy. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The Company's functional and presentation currency is pounds sterling.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
ENERGYTEST LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

The depreciation rates used are:

Plant and machinery
-
20% straight line
Fixtures and fittings
-
20% straight line
Office equipment
-
20% straight line
Improvements to property
-
15 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Income and Retained Earnings. 

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.6

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to the Statement of Income and Retained Earnings on a straight line basis over the lease term.

Page 4

 
ENERGYTEST LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.7

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to the Statement of Income and Retained Earnings at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

 
2.8

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the Statement of Income and Retained Earnings when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.9

Current and deferred taxation

Tax is recognised in the Statement of Income and Retained Earnings.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.


3.


Employees

The average monthly number of employees, including directors, during the year was 10 (2022 - 8).

Page 5

 
ENERGYTEST LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Plant and machinery
Fixtures and fittings
Office equipment
Improvements to property
Total

£
£
£
£
£



Cost or valuation


At 1 April 2022
17,004
8,915
7,965
35,053
68,937


Additions
-
-
1,684
-
1,684


Disposals
(767)
(1,590)
(812)
-
(3,169)



At 31 March 2023

16,237
7,325
8,837
35,053
67,452



Depreciation


At 1 April 2022
15,902
7,734
3,886
16,359
43,881


Charge for the year on owned assets
636
325
1,422
2,337
4,720


Disposals
(767)
(1,590)
(812)
-
(3,169)



At 31 March 2023

15,771
6,469
4,496
18,696
45,432



Net book value



At 31 March 2023
466
856
4,341
16,357
22,020



At 31 March 2022
1,102
1,181
4,079
18,694
25,056


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2022
1



At 31 March 2023
1




Page 6

 
ENERGYTEST LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

6.


Debtors

2023
2022
£
£


Trade debtors
34,089
13,038

Amounts owed by group undertakings
303,196
301,500

Other debtors
4,805
3,258

342,090
317,796



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
8,089
4,547

Amounts owed to group undertakings
152,656
156,716

Corporation tax
26,084
10,927

Other taxation and social security
41,330
15,549

Other creditors
5,926
3,903

234,085
191,642


Page 7

 
ENERGYTEST LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

8.


Deferred taxation




2023
2022


£

£






At beginning of year
2,816
1,697


Charged to profit or loss
(603)
1,119



At end of year
2,213
2,816

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
2,585
2,927

Pension surplus
(372)
(111)

2,213
2,816


9.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £54,736 (2022: £5,338). Contributions totalling £2,673 (2022: £1,453) were payable to the fund at the Balance Sheet date and are included in creditors.

 
Page 8