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Company Registration No. 10873346 (England and Wales)
Energy Potential Limited Unaudited accounts for the year ended 31 July 2024
Energy Potential Limited Unaudited accounts Contents
Page
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Energy Potential Limited Company Information for the year ended 31 July 2024
Directors
Andrew James Pace Gary John Huish
Company Number
10873346 (England and Wales)
Registered Office
36 FOREST DRIVE WEST LONDON E11 1LA UNITED KINGDOM
Accountants
Abacus Accountants 9 Ruthin Road Denbigh Denbighshire LL16 3EH
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Energy Potential Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,012 
4,777 
Investments
50 
50 
7,062 
4,827 
Current assets
Debtors
- 
1,800 
Cash at bank and in hand
64,001 
131,447 
64,001 
133,247 
Creditors: amounts falling due within one year
(8,361)
(6,825)
Net current assets
55,640 
126,422 
Total assets less current liabilities
62,702 
131,249 
Creditors: amounts falling due after more than one year
111,000 
111,000 
Net assets
173,702 
242,249 
Capital and reserves
Called up share capital
15 
15 
Profit and loss account
173,687 
242,234 
Shareholders' funds
173,702 
242,249 
For the year ending 31 July 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2024 and were signed on its behalf by
Andrew James Pace Director Company Registration No. 10873346
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Energy Potential Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Energy Potential Limited is a private company, limited by shares, registered in England and Wales, registration number 10873346. The registered office is 36 FOREST DRIVE WEST, LONDON, E11 1LA, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2023
7,046 
Additions
2,235 
At 31 July 2024
9,281 
Depreciation
At 1 August 2023
2,269 
At 31 July 2024
2,269 
Net book value
At 31 July 2024
7,012 
At 31 July 2023
4,777 
5
Investments
Other investments 
£ 
Valuation at 1 August 2023
50 
Valuation at 31 July 2024
50 
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Energy Potential Limited Notes to the Accounts for the year ended 31 July 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,800 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,044 
1,784 
Taxes and social security
4,635 
5,041 
Other creditors
2,682 
- 
8,361 
6,825 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
(111,000)
(111,000)
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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