Company Registration No. 06165567 (England and Wales)
Executive Energy Limited
Unaudited accounts
for the year ended 31 March 2024
Executive Energy Limited
Unaudited accounts
Contents
Executive Energy Limited
Company Information
for the year ended 31 March 2024
Directors
GH McClarkin
JJ McClarkin
Mrs K Neale
Company Number
06165567 (England and Wales)
Registered Office
Lansdown View, 30a Lansdown,
Lansdown
Stroud
GL5 1BG
Accountants
Regulatory Accounting Ltd
Vicarage Court
160 Ermin Street
Swindon
Wiltshire
SN3 4NE
Executive Energy Limited
Statement of financial position
as at 31 March 2024
Tangible assets
316,063
338,104
Cash at bank and in hand
192,847
148,595
Creditors: amounts falling due within one year
(95,536)
(133,232)
Net current assets
121,656
16,547
Total assets less current liabilities
437,719
354,651
Provisions for liabilities
Other provisions
(6,198)
(4,981)
Net assets
431,521
349,670
Called up share capital
30
30
Profit and loss account
431,491
349,640
Shareholders' funds
431,521
349,670
For the year ending 31 March 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
JJ McClarkin
Director
Company Registration No. 06165567
Executive Energy Limited
Notes to the Accounts
for the year ended 31 March 2024
Executive Energy Limited is a private company, limited by shares, registered in England and Wales, registration number 06165567. The registered office is Lansdown View, 30a Lansdown, , Lansdown, Stroud, GL5 1BG.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The presentational currency of these financial statements is pound sterling and they have been rounded to the nearest whole number.
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:
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
205,364
17,276
183,949
406,589
At 31 March 2024
205,364
19,810
183,949
409,123
At 1 April 2023
28,740
15,749
23,996
68,485
Charge for the year
4,107
2,073
18,395
24,575
At 31 March 2024
32,847
17,822
42,391
93,060
At 31 March 2024
172,517
1,988
141,558
316,063
At 31 March 2023
176,624
1,527
159,953
338,104
Executive Energy Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Accrued income and prepayments
1,103
1,103
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
61,208
Taxes and social security
82,739
53,232
7
Transactions with related parties
George McClarkin Limited (A company in which GH McClarkin is sole director and shareholder)
During the year the company paid commissions of £10,000 (2023: £45,500). The balance due by the company as at 31 March 2024 was £0 (2023 - £0)
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Average number of employees
During the year the average number of employees was 9 (2023: 9).