IRIS Accounts Production v24.1.9.2 06740656 director 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh067406562022-11-30067406562023-11-30067406562022-12-012023-11-30067406562021-11-30067406562021-12-012022-11-30067406562022-11-3006740656ns15:EnglandWales2022-12-012023-11-3006740656ns14:PoundSterling2022-12-012023-11-3006740656ns10:Director12022-12-012023-11-3006740656ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3006740656ns10:SmallEntities2022-12-012023-11-3006740656ns10:AuditExemptWithAccountantsReport2022-12-012023-11-3006740656ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3006740656ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3006740656ns10:FullAccounts2022-12-012023-11-3006740656ns10:CompanySecretary12022-12-012023-11-3006740656ns10:RegisteredOffice2022-12-012023-11-3006740656ns5:CurrentFinancialInstruments2023-11-3006740656ns5:CurrentFinancialInstruments2022-11-3006740656ns5:Non-currentFinancialInstruments2023-11-3006740656ns5:Non-currentFinancialInstruments2022-11-3006740656ns5:ShareCapital2023-11-3006740656ns5:ShareCapital2022-11-3006740656ns5:CapitalRedemptionReserve2023-11-3006740656ns5:CapitalRedemptionReserve2022-11-3006740656ns5:RetainedEarningsAccumulatedLosses2023-11-3006740656ns5:RetainedEarningsAccumulatedLosses2022-11-3006740656ns5:ShortLeaseholdAssetsns5:LandBuildings2022-12-012023-11-3006740656ns5:PlantMachinery2022-12-012023-11-3006740656ns5:FurnitureFittings2022-12-012023-11-3006740656ns5:MotorVehicles2022-12-012023-11-3006740656ns5:ShortLeaseholdAssetsns5:LandBuildings2022-11-3006740656ns5:PlantMachinery2022-11-3006740656ns5:FurnitureFittings2022-11-3006740656ns5:MotorVehicles2022-11-3006740656ns5:ShortLeaseholdAssetsns5:LandBuildings2023-11-3006740656ns5:PlantMachinery2023-11-3006740656ns5:FurnitureFittings2023-11-3006740656ns5:MotorVehicles2023-11-3006740656ns5:ShortLeaseholdAssetsns5:LandBuildings2022-11-3006740656ns5:PlantMachinery2022-11-3006740656ns5:FurnitureFittings2022-11-3006740656ns5:MotorVehicles2022-11-3006740656ns5:FurnitureFittingsns5:LeasedAssetsHeldAsLessee2022-11-3006740656ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-11-3006740656ns5:LeasedAssetsHeldAsLessee2022-11-3006740656ns5:FurnitureFittingsns5:LeasedAssetsHeldAsLessee2022-12-012023-11-3006740656ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-12-012023-11-3006740656ns5:LeasedAssetsHeldAsLessee2022-12-012023-11-3006740656ns5:FurnitureFittingsns5:LeasedAssetsHeldAsLessee2023-11-3006740656ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-11-3006740656ns5:LeasedAssetsHeldAsLessee2023-11-3006740656ns5:FurnitureFittingsns5:LeasedAssetsHeldAsLessee2022-11-3006740656ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-11-3006740656ns5:LeasedAssetsHeldAsLessee2022-11-3006740656ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3006740656ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30067406561ns10:Director12022-11-30067406561ns10:Director12021-11-30067406561ns10:Director12022-12-012023-11-30067406561ns10:Director12021-12-012022-11-30067406561ns10:Director12023-11-30067406561ns10:Director12022-11-30
REGISTERED NUMBER: 06740656 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Energy Engineering Ltd

Energy Engineering Ltd (Registered number: 06740656)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 8


Energy Engineering Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTOR: D Eldred





SECRETARY: Mrs N Eldred





REGISTERED OFFICE: Bellbine House
156 Shirehall Road
Dartford
Kent
DA2 7SN





REGISTERED NUMBER: 06740656 (England and Wales)





ACCOUNTANTS: Charcroft Baker LLP
Chartered Accountants
5 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Energy Engineering Ltd

The following reproduces the text of the report prepared for the director 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 Director 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 Engineering Ltd for the year ended 30 November 2023 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Energy Engineering Ltd in accordance with the terms of our engagement letter dated 14 May 2019. Our work has been undertaken solely to prepare for your approval the financial statements of Energy Engineering Ltd and state those matters that we have agreed to state to the director of Energy Engineering Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Energy Engineering Ltd and its director for our work or for this report.

It is your duty to ensure that Energy Engineering Ltd 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 Engineering Ltd. You consider that Energy Engineering Ltd 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 Engineering Ltd. 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.






Charcroft Baker LLP
Chartered Accountants
5 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD


29 August 2024

Energy Engineering Ltd (Registered number: 06740656)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 176,282 105,107

CURRENT ASSETS
Debtors 5 538,635 371,945
Cash at bank 705,370 552,908
1,244,005 924,853
CREDITORS
Amounts falling due within one year 6 240,486 164,717
NET CURRENT ASSETS 1,003,519 760,136
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,179,801

865,243

CREDITORS
Amounts falling due after more than one
year

7

(47,930

)

(18,256

)

PROVISIONS FOR LIABILITIES (28,835 ) (2,346 )
NET ASSETS 1,103,036 844,641

CAPITAL AND RESERVES
Called up share capital 10 10
Capital redemption reserve 2 2
Retained earnings 1,103,024 844,629
SHAREHOLDERS' FUNDS 1,103,036 844,641

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 director acknowledges his 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 Engineering Ltd (Registered number: 06740656)

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 director and authorised for issue on 29 August 2024 and were signed by:





D Eldred - Director


Energy Engineering Ltd (Registered number: 06740656)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Energy Engineering Ltd 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, net of discounts and value added discounts. Turnover includes revenue earned from the sale of goods and from the rendering of services.

Turnover from sale of goods is recognised when the risks and rewards of ownership of the goods has transferred to the buyer.

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Short leasehold - 10% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on cost
Motor vehicles - 20% 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.

Energy Engineering Ltd (Registered number: 06740656)

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.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 9 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 December 2022 57,163 6,358 15,232 74,568 153,321
Additions - - 21,167 106,543 127,710
Disposals - - (3,587 ) (25,572 ) (29,159 )
At 30 November 2023 57,163 6,358 32,812 155,539 251,872
DEPRECIATION
At 1 December 2022 17,148 2,901 5,887 22,278 48,214
Charge for year 5,716 691 6,563 29,148 42,118
Eliminated on disposal - - (2,263 ) (12,479 ) (14,742 )
At 30 November 2023 22,864 3,592 10,187 38,947 75,590
NET BOOK VALUE
At 30 November 2023 34,299 2,766 22,625 116,592 176,282
At 30 November 2022 40,015 3,457 9,345 52,290 105,107

Energy Engineering Ltd (Registered number: 06740656)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 December 2022 - 42,054 42,054
Additions 3,613 57,043 60,656
Disposals - (24,558 ) (24,558 )
At 30 November 2023 3,613 74,539 78,152
DEPRECIATION
At 1 December 2022 - 15,484 15,484
Charge for year 723 14,208 14,931
Eliminated on disposal - (11,984 ) (11,984 )
At 30 November 2023 723 17,708 18,431
NET BOOK VALUE
At 30 November 2023 2,890 56,831 59,721
At 30 November 2022 - 26,570 26,570

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 212,900 209,285
Amounts owed by related parties 59,999 -
Other debtors 265,736 162,660
538,635 371,945

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 7,801 6,045
Trade creditors 21,512 22,314
Taxation and social security 162,709 80,739
Other creditors 48,464 55,619
240,486 164,717

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 47,930 18,256

Energy Engineering Ltd (Registered number: 06740656)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

8. DIRECTOR'S 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
£    £   
D Eldred
Balance outstanding at start of year (86,774 ) (378 )
Amounts advanced (195,221 ) (200,496 )
Amounts repaid 128,700 114,100
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (153,295 ) (86,774 )

The above loan from the company to the director is unsecured, interest free and repayable on demand.

9. RELATED PARTY DISCLOSURES

Included within debtors due within one year is an amount of £3,916 (2022: £9,912) owed by Energy Engineering (London) Limited, a company in which D Eldred is also a director and shareholder. This amount is unsecured, interest free and repayable on demand.

During the year, the company loaned £59,999 to EEL MEP Services Ltd, a company under common control. At the year end, included within debtors due within one year is an amount of £59,999 (2022: £Nil) owed by EEL MEP Services Ltd. This amount is unsecured, interest free and repayable on demand.

During the year, the company charged an amount of £21,421 to EEL MEP Services Ltd, a company under common control, in respect of costs incurred. At the year end, included in debtors is an amount of £21,421 due from EEL MEP Services Ltd. This amount is unsecured, interest free and repayable on demand.

During the year, the company charged an amount of £12,572 to EEL Onsite Ltd, a company under common control, in respect of costs incurred. At the year end, included in debtors is an amount of £12,572 due from EEL MEP Services Ltd. This amount is unsecured, interest free and repayable on demand.