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REGISTERED NUMBER: 08223927 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

ENERGY ELECTRICAL DISTRIBUTORS
LIMITED

ENERGY ELECTRICAL DISTRIBUTORS
LIMITED (REGISTERED NUMBER: 08223927)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 8

ENERGY ELECTRICAL DISTRIBUTORS
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: S J Corper
N A Corper





REGISTERED OFFICE: The Stables
23b Lenten Street
Alton
Hampshire
GU34 1HG





REGISTERED NUMBER: 08223927 (England and Wales)





ACCOUNTANTS: LFM
Chartered Certified Accountants
The Stables
23b Lenten Street
Alton
Hampshire
GU34 1HG

ENERGY ELECTRICAL DISTRIBUTORS
LIMITED (REGISTERED NUMBER: 08223927)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 31,114 40,492
Investment property 5 295,000 295,000
326,114 335,492

CURRENT ASSETS
Stocks 253,899 327,496
Debtors 6 329,877 363,638
Cash at bank and in hand 130,861 85,997
714,637 777,131
CREDITORS
Amounts falling due within one year 7 417,856 418,803
NET CURRENT ASSETS 296,781 358,328
TOTAL ASSETS LESS CURRENT
LIABILITIES

622,895

693,820

CREDITORS
Amounts falling due after more than one year 8 (19,221 ) (29,221 )

PROVISIONS FOR LIABILITIES (23,961 ) (10,123 )
NET ASSETS 579,713 654,476

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 579,709 654,472
SHAREHOLDERS' FUNDS 579,713 654,476

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

ENERGY ELECTRICAL DISTRIBUTORS
LIMITED (REGISTERED NUMBER: 08223927)

BALANCE SHEET - continued
30 NOVEMBER 2023


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 12 August 2024 and were signed on its behalf by:




S J Corper - Director



N A Corper - Director


ENERGY ELECTRICAL DISTRIBUTORS
LIMITED (REGISTERED NUMBER: 08223927)

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

1. STATUTORY INFORMATION

Energy Electrical Distributors 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 as modified by the revaluation of certain assets.

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.
Land and buildings - 10% straight line
Plant and machinery etc - 33% on cost, 25% on reducing balance, 20% on reducing balance and 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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.

ENERGY ELECTRICAL DISTRIBUTORS
LIMITED (REGISTERED NUMBER: 08223927)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2022
and 30 November 2023 27,929 113,884 141,813
DEPRECIATION
At 1 December 2022 21,018 80,303 101,321
Charge for year 1,079 8,299 9,378
At 30 November 2023 22,097 88,602 110,699
NET BOOK VALUE
At 30 November 2023 5,832 25,282 31,114
At 30 November 2022 6,911 33,581 40,492

ENERGY ELECTRICAL DISTRIBUTORS
LIMITED (REGISTERED NUMBER: 08223927)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022
and 30 November 2023 295,000
NET BOOK VALUE
At 30 November 2023 295,000
At 30 November 2022 295,000

Fair value at 30 November 2023 is represented by:
£   
Valuation in 2022 295,000

If investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 230,271 230,271

Investment property was valued on an open market basis on 30 November 2022 by the Directors. .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 221,742 257,698
Other debtors 108,135 105,940
329,877 363,638

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 175,399 218,841
Taxation and social security 38,221 19,153
Other creditors 194,236 170,809
417,856 418,803

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 19,221 29,221

ENERGY ELECTRICAL DISTRIBUTORS
LIMITED (REGISTERED NUMBER: 08223927)

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

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 48,832 48,833
Between one and five years 178,014 182,846
In more than five years 176,000 220,000
402,846 451,679

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

2023 2022
£    £   
S J Corper
Balance outstanding at start of year 80,584 76,362
Amounts advanced 53,224 53,375
Amounts repaid (49,152 ) (49,153 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 84,656 80,584

The interest was charged at a rate of 2% per annum to 5th April 2023 and 2.25% thereafter on the overdrawn loan balance. Interest charged is included in 'Other interest received'.

Part of the loan was repaid within nine months following the financial year end.

11. ULTIMATE CONTROLLING PARTY

No individual has ultimate control of the company.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ENERGY ELECTRICAL DISTRIBUTORS
LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Energy Electrical Distributors Limited for the year ended 30 November 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Energy Electrical Distributors Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Energy Electrical Distributors Limited and state those matters that we have agreed to state to the Board of Directors of Energy Electrical Distributors Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Energy Electrical Distributors Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Energy Electrical Distributors Limited. You consider that Energy Electrical Distributors Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Energy Electrical Distributors Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






LFM
Chartered Certified Accountants
The Stables
23b Lenten Street
Alton
Hampshire
GU34 1HG


12 August 2024