Registered number
11126397
Enerpower Limited
Filleted Accounts
31 December 2023
Enerpower Limited
Registered number: 11126397
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 194,662 158,682
Current assets
Stocks 3,094 3,094
Debtors 4 1,140,805 581,481
Cash at bank and in hand 97,714 23,804
1,241,613 608,379
Creditors: amounts falling due within one year 5 (1,013,402) (464,297)
Net current assets 228,211 144,082
Total assets less current liabilities 422,873 302,764
Creditors: amounts falling due after more than one year 6 (56,967) (95,441)
Net assets 365,906 207,323
Capital and reserves
Called up share capital 300 300
Profit and loss account 365,606 207,023
Shareholders' funds 365,906 207,323
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
0
Director
Approved by the board on 12 September 2024
Enerpower Limited
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Motor vehicles over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 10 7
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 January 2023 16,613 165,090 181,703
Additions - 72,320 72,320
At 31 December 2023 16,613 237,410 254,023
Depreciation
At 1 January 2023 4,122 18,899 23,021
Charge for the year 3,322 33,018 36,340
At 31 December 2023 7,444 51,917 59,361
Net book value
At 31 December 2023 9,169 185,493 194,662
At 31 December 2022 12,491 146,191 158,682
4 Debtors 2023 2022
£ £
Trade debtors 1,136,843 573,558
Other debtors 3,962 7,923
1,140,805 581,481
5 Creditors: amounts falling due within one year 2023 2022
£ £
Obligations under finance lease and hire purchase contracts 34,192 34,192
Trade creditors 681,434 214,398
Taxation and social security costs 195,437 102,568
Other creditors 102,339 113,139
1,013,402 464,297
6 Creditors: amounts falling due after one year 2023 2022
£ £
Obligations under finance lease and hire purchase contracts 56,967 95,441
7 Other information
Enerpower Limited is a private company limited by shares and incorporated in England. Its registered office is:
27 Meadow Close
Blythe Bridge
Stoke on Trent
Staffs
ST11 9LH
Enerpower Limited 11126397 false 2023-01-01 2023-12-31 2023-12-31 VT Final Accounts April 2024 0 No description of principal activity 11126397 2022-01-01 2022-12-31 11126397 core:WithinOneYear 2022-12-31 11126397 core:AfterOneYear 2022-12-31 11126397 core:ShareCapital 2022-12-31 11126397 core:RetainedEarningsAccumulatedLosses 2022-12-31 11126397 2023-01-01 2023-12-31 11126397 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11126397 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 11126397 bus:Director40 2023-01-01 2023-12-31 11126397 core:PlantMachinery 2023-01-01 2023-12-31 11126397 core:Vehicles 2023-01-01 2023-12-31 11126397 countries:England 2023-01-01 2023-12-31 11126397 bus:FRS102 2023-01-01 2023-12-31 11126397 bus:FilletedAccounts 2023-01-01 2023-12-31 11126397 2023-12-31 11126397 core:WithinOneYear 2023-12-31 11126397 core:AfterOneYear 2023-12-31 11126397 core:ShareCapital 2023-12-31 11126397 core:RetainedEarningsAccumulatedLosses 2023-12-31 11126397 core:PlantMachinery 2023-12-31 11126397 core:Vehicles 2023-12-31 11126397 2022-12-31 11126397 core:PlantMachinery 2022-12-31 11126397 core:Vehicles 2022-12-31 iso4217:GBP xbrli:pure