OBELISK POWER SYSTEMS UK LIMITED

Company Registration Number:
10105921 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

OBELISK POWER SYSTEMS UK LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

OBELISK POWER SYSTEMS UK LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks: 0 0
Debtors: 3 862 862
Cash at bank and in hand: 10,864 15,238
Investments:   0 0
Total current assets: 11,726 16,100
Creditors: amounts falling due within one year: 4 (1,294,283) (1,294,282)
Net current assets (liabilities): (1,282,557) (1,278,182)
Total assets less current liabilities: (1,282,557) (1,278,182)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): (1,282,557) (1,278,182)
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (1,282,657) (1,278,282)
Shareholders funds: (1,282,557) (1,278,182)

The notes form part of these financial statements

OBELISK POWER SYSTEMS UK LIMITED

Balance sheet statements

For the year ending 31 December 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 September 2024
and signed on behalf of the board by:

Name: Ronan Delaney
Status: Director

The notes form part of these financial statements

OBELISK POWER SYSTEMS UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

OBELISK POWER SYSTEMS UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

OBELISK POWER SYSTEMS UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

All the Company's trade and other debtors have been reviewed for indicators of impairment. No provision for impairment of trade and other receivables have been required (2022: £Nil)

OBELISK POWER SYSTEMS UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

Trade and other creditors are payable at various dates in accordance with the suppliers' usual and customary credit terms. Amounts owed to group undertakings are unsecured, interest free and repayable on demand. The terms of the accruals are based on the underlying contracts.

OBELISK POWER SYSTEMS UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Related party transactions

Name of the related party: Obelisk Communications Ltd
Relationship:
Common Control
Description of the Transaction: The loan was for working capital requirements
£
Balance at 01 January 2023 379,644
Balance at 31 December 2023 379,644
Name of the related party: Obelisk Communications Ltd
Relationship:
Common Control
Description of the Transaction: This was for working capital purposes
£
Balance at 01 January 2023 41,470
Balance at 31 December 2023 41,471
Name of the related party: Obelisk Power Systems Ltd
Relationship:
Common Control
Description of the Transaction: This was for working capital purposes
£
Balance at 01 January 2023 187,907
Balance at 31 December 2023 187,907
Name of the related party: Obelisk International Group Holdings Ltd
Relationship:
Common Control
Description of the Transaction: This was for working capital
£
Balance at 01 January 2023 187,907
Balance at 31 December 2023 187,907