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REGISTERED NUMBER: 05768987 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

FOR

ENERGY TECHNOLOGY MANAGEMENT LIMITED

ENERGY TECHNOLOGY MANAGEMENT LIMITED (REGISTERED NUMBER: 05768987)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ENERGY TECHNOLOGY MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTORS: Professor A B Turner
Mr T Watanabe





SECRETARY: Professor A B Turner





REGISTERED OFFICE: 22 Crescent Drive North
Woodingdean
Brighton
East Sussex
BN2 6SQ





REGISTERED NUMBER: 05768987 (England and Wales)





ACCOUNTANTS: Hartley Fowler LLP
Chartered Accountants
Pavilion View
19 New Road
Brighton
East Sussex
BN1 1EY

ENERGY TECHNOLOGY MANAGEMENT LIMITED (REGISTERED NUMBER: 05768987)

BALANCE SHEET
30 APRIL 2023

2023 2022
Notes £    £    £    £   
CALLED UP SHARE CAPITAL NOT PAID 1,899 1,899

FIXED ASSETS
Tangible assets 4 120 141
2,019 2,040

CURRENT ASSETS
Cash at bank 1,687 736

CREDITORS
Amounts falling due within one year 5 43,045 40,974
NET CURRENT LIABILITIES (41,358 ) (40,238 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(39,339

)

(38,198

)

PROVISIONS FOR LIABILITIES 6 - 54
NET LIABILITIES (39,339 ) (38,252 )

CAPITAL AND RESERVES
Called up share capital 7 20,000 20,000
Share premium 27,000 27,000
Retained earnings (86,339 ) (85,252 )
SHAREHOLDERS' FUNDS (39,339 ) (38,252 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 January 2024 and were signed on its behalf by:



Professor A B Turner - Director


ENERGY TECHNOLOGY MANAGEMENT LIMITED (REGISTERED NUMBER: 05768987)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023


1. STATUTORY INFORMATION

Energy Technology Management Limited is a private company, limited by shares, incorporated in England and Wales. 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.

The directors have reviewed the basis of preparation of the financial statements in the light of the loss for the year and the deficit of current assets over liabilities. The company is developing an energy efficient product which the Directors consider has enormous potential, and the continuance of the company as a going concern is dependent on the ongoing development being sufficiently successful to secure continued funding from companies interested in purchasing and using the technology. The directors consider that there would be no significant difference between these financial statements, which have been prepared on a going concern basis, and financial statements which were prepared on a basis other than going concern, and they therefore consider that they have been properly prepared.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

ENERGY TECHNOLOGY MANAGEMENT LIMITED (REGISTERED NUMBER: 05768987)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


2. ACCOUNTING POLICIES - continued

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 May 2022
and 30 April 2023 2,308
DEPRECIATION
At 1 May 2022 2,167
Charge for year 21
At 30 April 2023 2,188
NET BOOK VALUE
At 30 April 2023 120
At 30 April 2022 141

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,000 1,000
Other creditors 42,045 39,974
43,045 40,974

6. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax - 54

Deferred
tax
£   
Balance at 1 May 2022 54
Provided during year (54 )
Balance at 30 April 2023 -

ENERGY TECHNOLOGY MANAGEMENT LIMITED (REGISTERED NUMBER: 05768987)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
20,000 Ordinary A £1 20,000 20,000

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end, there was an amount due from Professor A B Turner of £1,899 (2022: £1,899) due in respect of called up, unpaid share capital.