Registered number
14809426
The Sustainability Agency Ltd
Filleted Accounts
31 December 2023
The Sustainability Agency Ltd
Registered number: 14809426
Balance Sheet
as at 31 December 2023
Notes 2023
£
Fixed assets
Intangible assets 3 20,000
Current assets
Debtors 4 60
Cash at bank and in hand 3,706
3,766
Creditors: amounts falling due within one year 5 (1,415)
Net current assets 2,351
Total assets less current liabilities 22,351
Creditors: amounts falling due after more than one year 6 (20,789)
Net assets 1,562
Capital and reserves
Called up share capital 1,000
Profit and loss account 562
Shareholders' funds 1,562
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.
Mr T Niesslein Mr H C Staelens
Director
Approved by the board on 31 March 2024
The Sustainability Agency Ltd
Notes to the Accounts
for the period from 17 April 2023 to 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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.
2 Employees 2023
Number
Average number of persons employed by the company 2
3 Intangible fixed assets £
Goodwill:
Cost
Additions 20,000
At 31 December 2023 20,000
Amortisation
At 31 December 2023 -
Net book value
At 31 December 2023 20,000
4 Debtors 2023
£
Other debtors 60
5 Creditors: amounts falling due within one year 2023
£
Taxation and social security costs 131
Other creditors 1,284
1,415
6 Creditors: amounts falling due after one year 2023
£
Directors loan 20,789
7 Controlling party
The company is controlled by the directors.
8 Other information
The Sustainability Agency Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Unit 6 Green Lane Business Park
238-240 Green Lane
London
Greater London
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