Caseware UK (AP4) 2023.0.135 2023.0.135 2023-07-312023-07-312022-08-012falseOther telecommunications activities2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08084546 2022-08-01 2023-07-31 08084546 2021-08-01 2022-07-31 08084546 2023-07-31 08084546 2022-07-31 08084546 c:Director2 2022-08-01 2023-07-31 08084546 d:CurrentFinancialInstruments 2023-07-31 08084546 d:CurrentFinancialInstruments 2022-07-31 08084546 d:Non-currentFinancialInstruments 2023-07-31 08084546 d:Non-currentFinancialInstruments 2022-07-31 08084546 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 08084546 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 08084546 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 08084546 d:Non-currentFinancialInstruments d:AfterOneYear 2022-07-31 08084546 d:ShareCapital 2023-07-31 08084546 d:ShareCapital 2022-07-31 08084546 d:RetainedEarningsAccumulatedLosses 2023-07-31 08084546 d:RetainedEarningsAccumulatedLosses 2022-07-31 08084546 c:FRS102 2022-08-01 2023-07-31 08084546 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 08084546 c:FullAccounts 2022-08-01 2023-07-31 08084546 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 08084546 e:PoundSterling 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure

Registered number: 08084546









FIDELIS ENERGY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2023

 
FIDELIS ENERGY LIMITED
REGISTERED NUMBER: 08084546

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
51,412
52,349

Cash at bank and in hand
 5 
635
1,903

  
52,047
54,252

Creditors: amounts falling due within one year
 6 
(22,242)
(15,316)

Net current assets
  
 
 
29,805
 
 
38,936

Total assets less current liabilities
  
29,805
38,936

Creditors: amounts falling due after more than one year
 7 
(32,796)
(36,595)

  

Net (liabilities)/assets
  
(2,991)
2,341


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(2,993)
2,339

  
(2,991)
2,341


Page 1

 
FIDELIS ENERGY LIMITED
REGISTERED NUMBER: 08084546
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 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 comprehensive income 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: 




S Dunn
Director

Date: 29 July 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
FIDELIS ENERGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

Fidelis Energy Limited is a private company limited by shares and incorporated in England (registered number 080845546). The registered office is 101 New Cavendish Street,  1st Floor South, London, W1W 6XH, and the principal place of business address is 1 Hill Rise, Richmond, TW10 6UQ.
The principal activity of the company is that of a gas and electricity procurement service provider.
The financial statements are presented in Sterling, which is the functional currency of the company.

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

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.4

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.

Page 3

 
FIDELIS ENERGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.


3.


Employees

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


4.


Debtors

2023
2022
£
£


Trade debtors
-
1,188

Other debtors
51,412
51,161

51,412
52,349



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
635
1,903

635
1,903


Page 4

 
FIDELIS ENERGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
6,594
6,663

Trade creditors
-
763

Corporation tax
-
595

Other creditors
14,148
5,795

Accruals and deferred income
1,500
1,500

22,242
15,316



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
32,796
36,595

32,796
36,595


 
Page 5