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REGISTERED NUMBER: 03815960 (England and Wales)















Report of the Director and

Unaudited Financial Statements

for the Period 1 November 2023 to 29 February 2024

for

Active Generation Limited

Active Generation Limited (Registered number: 03815960)






Contents of the Financial Statements
for the Period 1 November 2023 to 29 February 2024




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Active Generation Limited

Company Information
for the Period 1 November 2023 to 29 February 2024







DIRECTOR: Ms C A Der Calousdian





SECRETARY:





REGISTERED OFFICE: 35 Albemarle
76 Wimbledon Park Side
London
SW19 5NP





REGISTERED NUMBER: 03815960 (England and Wales)





ACCOUNTANTS: MSS Accountancy Services Ltd
341 Garratt Lane
Wandsworth
London
SW18 4DX

Active Generation Limited (Registered number: 03815960)

Report of the Director
for the Period 1 November 2023 to 29 February 2024

The director presents her report with the financial statements of the company for the period 1 November 2023 to 29 February 2024.

CESSATION OF TRADING
The company ceased trading on 29 February 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the period under review was that of a health store.

DIRECTOR
Ms C A Der Calousdian held office during the whole of the period from 1 November 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Ms C A Der Calousdian - Director


14 March 2024

Active Generation Limited (Registered number: 03815960)

Income Statement
for the Period 1 November 2023 to 29 February 2024

Period Period
1.11.23 to 29.2.24 1.5.22 to 31.10.23
Notes £    £    £    £   

TURNOVER 4,113 18,237

Cost of sales 2,565 13,154
GROSS PROFIT 1,548 5,083

Distribution costs - 4,557
Administrative expenses 3,650 36,915
3,650 41,472
OPERATING LOSS 4 (2,102 ) (36,389 )


Interest payable and similar expenses 164 485
LOSS BEFORE TAXATION (2,266 ) (36,874 )

Tax on loss - -
LOSS FOR THE FINANCIAL PERIOD (2,266 ) (36,874 )

Active Generation Limited (Registered number: 03815960)

Balance Sheet
29 February 2024

29.2.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 3,696 4,930

CURRENT ASSETS
Stocks 496 496
Debtors 6 5,000 5,000
Cash at bank 481 497
5,977 5,993
CREDITORS
Amounts falling due within one year 7 44,750 43,734
NET CURRENT LIABILITIES (38,773 ) (37,741 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(35,077

)

(32,811

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (35,079 ) (32,813 )
(35,077 ) (32,811 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 14 March 2024 and were signed by:




Ms C A Der Calousdian - Director


Active Generation Limited (Registered number: 03815960)

Notes to the Financial Statements
for the Period 1 November 2023 to 29 February 2024

1. STATUTORY INFORMATION

Active Generation Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 1 ) .

Active Generation Limited (Registered number: 03815960)

Notes to the Financial Statements - continued
for the Period 1 November 2023 to 29 February 2024

4. OPERATING LOSS

The operating loss is stated after charging:

Period Period
1.11.23 1.5.22
to to
29.2.24 31.10.23
£    £   
Depreciation - owned assets 1,234 1,643

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 November 2023
and 29 February 2024 10,110
DEPRECIATION
At 1 November 2023 5,180
Charge for period 1,234
At 29 February 2024 6,414
NET BOOK VALUE
At 29 February 2024 3,696
At 31 October 2023 4,930

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 31.10.23
£    £   
Other debtors 5,000 5,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 31.10.23
£    £   
Trade creditors 500 -
Taxation and social security 20,115 20,115
Other creditors 24,135 23,619
44,750 43,734