UK ENERGY PLUS LTD

Company Registration Number:
08611728 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

UK ENERGY PLUS LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

UK ENERGY PLUS LTD

Company Information

for the Period Ended 31 July 2023




Director: Muhammad Asfund Yar KHAN
Registered office: Suite 112
Highfield
Cheadle Royal Business Park
Cheadle
England
SK8 3GY
Company Registration Number: 08611728 (England and Wales)

UK ENERGY PLUS LTD

Balance sheet

As at 31 July 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 11,054 16,580
Total fixed assets: 11,054 16,580
Current assets
Debtors: 5 96,638 96,015
Cash at bank and in hand: 18,177 16,758
Total current assets: 114,815 112,773
Creditors: amounts falling due within one year: 6 ( 49,298 ) ( 48,544 )
Net current assets (liabilities): 65,517 64,229
Total assets less current liabilities: 76,571 80,809
Creditors: amounts falling due after more than one year: 7 ( 34,121 ) ( 40,196 )
Total net assets (liabilities): 42,450 40,613

The notes form part of these financial statements

UK ENERGY PLUS LTD

Balance sheet continued

As at 31 July 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 42,449 40,612
Shareholders funds: 42,450 40,613

For the year ending 31 July 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 28 July 2024
And Signed On Behalf Of The Board By:

Name: Muhammad Asfund Yar KHAN
Status: Director

The notes form part of these financial statements

UK ENERGY PLUS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and Value Added Tax.

    Tangible fixed assets depreciation policy

    Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

    Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

    An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

    Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

    Office equipment 20% reducing balance method
    Fixtures and fittings 20% reducing balance method

    IMPAIRMENT

    A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

UK ENERGY PLUS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 4 4

UK ENERGY PLUS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

UK ENERGY PLUS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 August 2022 51,241 51,419 102,660
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 July 2023 51,241 51,419 102,660
Depreciation
At 01 August 2022 44,466 41,614 86,080
Charge for year 2,258 3,268 5,526
On disposals - - -
Other adjustments - - -
At 31 July 2023 46,724 44,882 91,606
Net book value
At 31 July 2023 4,517 6,537 11,054
At 31 July 2022 6,775 9,805 16,580

UK ENERGY PLUS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Debtors


2023
£

2022
£
Trade debtors 60,771 35,271
Prepayments and accrued income 30,161 55,161
Other debtors 5,706 5,583
Total 96,638 96,015

UK ENERGY PLUS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 5,234 2,210
Taxation and social security 13,815 13,016
Other creditors 30,249 33,318
Total 49,298 48,544

Other creditors include Director Muhammad Asfand Yar Khan’s loan a.c of £19,410 (2022: £29,460).

UK ENERGY PLUS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 34,121 40,196
Total 34,121 40,196