E-GAP UK LIMITED 14746198 false 2023-03-21 2023-12-31 2023-12-31 The principal activity of the company is operating an energy service platform for electric vehicles. Digita Accounts Production Advanced 6.30.9574.0 true true 14746198 2023-03-21 2023-12-31 14746198 2023-12-31 14746198 bus:OrdinaryShareClass1 2023-12-31 14746198 core:CurrentFinancialInstruments 2023-12-31 14746198 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 14746198 bus:SmallEntities 2023-03-21 2023-12-31 14746198 bus:AuditExemptWithAccountantsReport 2023-03-21 2023-12-31 14746198 bus:FullAccounts 2023-03-21 2023-12-31 14746198 bus:SmallCompaniesRegimeForAccounts 2023-03-21 2023-12-31 14746198 bus:RegisteredOffice 2023-03-21 2023-12-31 14746198 bus:Director1 2023-03-21 2023-12-31 14746198 bus:OrdinaryShareClass1 2023-03-21 2023-12-31 14746198 bus:PrivateLimitedCompanyLtd 2023-03-21 2023-12-31 14746198 countries:UnitedKingdom 2023-03-21 2023-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14746198

E-GAP UK LIMITED

Unaudited Filleted Abridged Financial Statements

for the Period from 21 March 2023 to 31 December 2023

 

E-GAP UK LIMITED

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 5

 

E-GAP UK LIMITED

Company Information

Director

Luca Fontanelli

Registered office

5th Floor
86 Jermyn Street
London
SW1Y 6AW

 

E-GAP UK LIMITED

(Registration number: 14746198)
Abridged Balance Sheet as at 31 December 2023

Note

2023
£

Current assets

 

Debtors

9,005

Cash at bank and in hand

 

11,697

 

20,702

Prepayments and accrued income

 

5,783

Creditors: Amounts falling due within one year

(8,726)

Total assets less current liabilities

 

17,759

Accruals and deferred income

 

(2,423)

Net assets

 

15,336

Capital and reserves

 

Called up share capital

4

25,000

Retained earnings

(9,664)

Shareholders' funds

 

15,336

For the financial period ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

 

E-GAP UK LIMITED

(Registration number: 14746198)
Abridged Balance Sheet as at 31 December 2023

Approved and authorised by the director on 11 September 2024
 

.........................................

Luca Fontanelli

Director

 

E-GAP UK LIMITED

Notes to the Unaudited Abridged Financial Statements for the Period from 21 March 2023 to 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
5th Floor
86 Jermyn Street
London
SW1Y 6AW

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Pound Sterling which is the functional currency of the company and are rounded to the nearest whole Pound.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rates prevailing on the initial transaction dates.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

 

E-GAP UK LIMITED

Notes to the Unaudited Abridged Financial Statements for the Period from 21 March 2023 to 31 December 2023

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4

Share capital

Allotted, called up and fully paid shares

 

2023

 

No.

£

Ordinary shares of £1 each

25,000

25,000