Company Registration No. 14309433 (England and Wales)
Ask Energy Solutions Ltd
Filleted accounts
for the year ended 31 August 2023
Ask Energy Solutions Ltd
Filleted accounts
Contents
Ask Energy Solutions Ltd
Company Information
for the year ended 31 August 2023
Directors
Farooq Patel
Jai Pal Sihra
Shaun James Kelly
Shueb Ahmed
Company Number
14309433 (England and Wales)
Registered Office
2-4 Pritchett Street
Birmingham
B6 4EH
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
Ask Energy Solutions Ltd
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
97,440
Creditors: amounts falling due within one year
(77,267)
Called up share capital
100
Profit and loss account
66,064
Shareholders' funds
66,164
For the year ending 31 August 2023 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 20 March 2024 and were signed on its behalf by
Farooq Patel
Director
Company Registration No. 14309433
Ask Energy Solutions Ltd
Notes to the Accounts
for the year ended 31 August 2023
Ask Energy Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 14309433. The registered office is 2-4 Pritchett Street, Birmingham, B6 4EH.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Ask Energy Solutions Ltd
Notes to the Accounts
for the year ended 31 August 2023
4
Tangible fixed assets
Motor vehicles
Charge for the year
22,992
5
Creditors: amounts falling due within one year
2023
Taxes and social security
14,546
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
Shares issued during the period:
100 Ordinary shares of £1 each
100
7
Average number of employees
During the year the average number of employees was 6.