Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-3022022-07-01falseNo description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09627153 2022-07-01 2023-06-30 09627153 2021-07-01 2022-06-30 09627153 2023-06-30 09627153 2022-06-30 09627153 2021-07-01 09627153 c:Director1 2022-07-01 2023-06-30 09627153 d:PlantMachinery 2022-07-01 2023-06-30 09627153 d:PlantMachinery 2023-06-30 09627153 d:PlantMachinery 2022-06-30 09627153 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 09627153 d:MotorVehicles 2022-07-01 2023-06-30 09627153 d:MotorVehicles 2023-06-30 09627153 d:MotorVehicles 2022-06-30 09627153 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 09627153 d:ComputerEquipment 2022-07-01 2023-06-30 09627153 d:ComputerEquipment 2023-06-30 09627153 d:ComputerEquipment 2022-06-30 09627153 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 09627153 d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 09627153 d:CurrentFinancialInstruments 2023-06-30 09627153 d:CurrentFinancialInstruments 2022-06-30 09627153 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 09627153 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 09627153 d:ShareCapital 2023-06-30 09627153 d:ShareCapital 2022-06-30 09627153 d:RetainedEarningsAccumulatedLosses 2023-06-30 09627153 d:RetainedEarningsAccumulatedLosses 2022-06-30 09627153 c:FRS102 2022-07-01 2023-06-30 09627153 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 09627153 c:FullAccounts 2022-07-01 2023-06-30 09627153 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 09627153 d:AcceleratedTaxDepreciationDeferredTax 2023-06-30 09627153 d:AcceleratedTaxDepreciationDeferredTax 2022-06-30 09627153 d:TaxLossesCarry-forwardsDeferredTax 2023-06-30 09627153 d:TaxLossesCarry-forwardsDeferredTax 2022-06-30 09627153 2 2022-07-01 2023-06-30 09627153 6 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 09627153










ENERGY AND INFRASTRUCTURE MANAGEMENT LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2023

 
ENERGY AND INFRASTRUCTURE MANAGEMENT LIMITED
REGISTERED NUMBER: 09627153

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
7,149
13,505

Fixed asset investments
 5 
2,226,581
1,237,111

  
2,233,730
1,250,616

Current assets
  

Debtors: amounts falling due within one year
 6 
101,232
575,101

Cash at bank and in hand
  
277,797
246,638

  
379,029
821,739

Creditors: amounts falling due within one year
 7 
(198,188)
(306,063)

Net current assets
  
 
 
180,841
 
 
515,676

Total assets less current liabilities
  
2,414,571
1,766,292

Provisions for liabilities
  

Deferred tax
 8 
(18,233)
-

  
 
 
(18,233)
 
 
-

Net assets
  
2,396,338
1,766,292


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
2,395,338
1,765,292

  
2,396,338
1,766,292


Page 1

 
ENERGY AND INFRASTRUCTURE MANAGEMENT LIMITED
REGISTERED NUMBER: 09627153
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 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 by: 






................................................
J C Hill
Director

Date: 1 January 2024

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
ENERGY AND INFRASTRUCTURE MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Energy and Infrastructure Management Limited, registered number 09627153, is a private company limited by shares. It is incorporated in England & Wales. The registered office is The Orchard Dene Lane, Lower Bourne, Farnham, Surrey, GU10 3PW. 

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 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.

 
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.

Page 3

 
ENERGY AND INFRASTRUCTURE MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

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

Depreciation is provided on the following basis:

Plant and machinery
-
20% straight line
Motor vehicles
-
33.3% straight line
Computer equipment
-
25% reducing balance

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 profit or loss.

 
2.4

Valuation of investments

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Page 4

 
ENERGY AND INFRASTRUCTURE MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)


2.7
Financial instruments (continued)

Other financial assets

Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 5

 
ENERGY AND INFRASTRUCTURE MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.10

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss.

 
2.11

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 profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.12

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.13

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of Financial Position.

Page 6

 
ENERGY AND INFRASTRUCTURE MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.14

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting 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 reporting 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.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 7

 
ENERGY AND INFRASTRUCTURE MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 July 2022
359
63,780
3,902
68,041


Additions
4,974
-
2,297
7,271


Disposals
-
-
(3,569)
(3,569)



At 30 June 2023

5,333
63,780
2,630
71,743



Depreciation


At 1 July 2022
180
53,150
1,206
54,536


Charge for the year on owned assets
142
10,630
423
11,195


Disposals
-
-
(1,137)
(1,137)



At 30 June 2023

322
63,780
492
64,594



Net book value



At 30 June 2023
5,011
-
2,138
7,149



At 30 June 2022
179
10,630
2,696
13,505


5.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 July 2022
1,237,111


Additions
932,001


Disposals
(43,121)


Revaluations
100,591



At 30 June 2023
2,226,582




Page 8

 
ENERGY AND INFRASTRUCTURE MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

6.


Debtors

2023
2022
£
£


Trade debtors
-
480,600

Other debtors
48,702
89,175

Prepayments and accrued income
52,530
-

Deferred taxation
-
5,326

101,232
575,101



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
1,033
-

Corporation tax
173,595
131,683

Other taxation and social security
14,474
91,242

Other creditors
7,646
81,588

Accruals and deferred income
1,440
1,550

198,188
306,063



8.


Deferred taxation




2023
2022


£

£






At beginning of year
5,326
(32,381)


Charged to profit or loss
(23,559)
37,707



At end of year
(18,233)
5,326

Page 9

 
ENERGY AND INFRASTRUCTURE MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
 
8.Deferred taxation (continued)

The deferred taxation balance is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(1,787)
(3,376)

Tax on gains on investments
(16,446)
8,702

(18,233)
5,326


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 £210,000 (2022- £nil). Contributions totalling £nil (2022 - £nil) were payable to the fund at the reporting date and are included in creditors.


10.


Transactions with directors

At the year end the director owed £46,461 to (2022 - was owed £74,774 by) the Company. The loan was repaid on 8 December 2023.

 
Page 10