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REGISTERED NUMBER: 10048103 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Cardinal Energy Group Limited

Cardinal Energy Group Limited (Registered number: 10048103)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Balance Sheet 1


Cardinal Energy Group Limited (Registered number: 10048103)

Balance Sheet
31 March 2024

2024 2023
£    £    £    £   
FIXED ASSETS 127 419

CURRENT ASSETS 82,020 40,429

CREDITORS
Amounts falling due within one year (50,127 ) (27,899 )
NET CURRENT ASSETS 31,893 12,530
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,020

12,949

CREDITORS
Amounts falling due after more than one
year

(15,480

)

(26,708

)

ACCRUALS AND DEFERRED INCOME (1,250 ) (1,250 )
NET ASSETS/(LIABILITIES) 15,290 (15,009 )

CAPITAL AND RESERVES 15,290 (15,009 )

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Cardinal Energy Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10048103

Registered office: Unit K37 Eleventh Avenue North
Team Valley Trading Estate
Gateshead
Tyne and Wear
NE11 0NJ

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 6 (2023 - 5 ) .

Cardinal Energy Group Limited (Registered number: 10048103)

Balance Sheet - continued
31 March 2024

NOTES TO THE FINANCIAL STATEMENTS

3. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
D L Heron
Balance outstanding at start of year 1,583 (307 )
Amounts advanced 18,000 4,500
Amounts repaid (21,264 ) (2,610 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,681 ) 1,583

R Gosling
Balance outstanding at start of year 1,881 (9 )
Amounts advanced 18,398 4,500
Amounts repaid (21,960 ) (2,610 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,681 ) 1,881

P Iceton
Balance outstanding at start of year 1,984 94
Amounts advanced 18,582 4,500
Amounts repaid (22,246 ) (2,610 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,680 ) 1,984

4. OFF-BALANCE SHEET ARRANGEMENTS

Operating Leases20242023
££
Due < 1 year2,3337,000
Due 1-5 years-2,333
2,3339,333



Cardinal Energy Group Limited (Registered number: 10048103)

Balance Sheet - continued
31 March 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 8 May 2024 and were signed on its behalf by:





D L Heron - Director