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Company Registration No. 14316100 (England and Wales)
Ptc Energy Ltd Unaudited accounts for the year ended 31 August 2023
Ptc Energy Ltd Unaudited accounts Contents
Page
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Ptc Energy Ltd Company Information for the year ended 31 August 2023
Director
YOUSEF PIPELZADEH
Company Number
14316100 (England and Wales)
Registered Office
Flat 8 33-35 Courtfield Road London London SW7 4DB England
Accountants
UBC( Accountants & Tax Consultants) FFA FIPA CIPFA(AFFIL) 112 Wembley Park Drive Wembley Middlesex HA9 8HS
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Ptc Energy Ltd Statement of financial position as at 31 August 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
2,264 
Current assets
Cash at bank and in hand
148,072 
Creditors: amounts falling due within one year
(58,349)
Net current assets
89,723 
Net assets
91,987 
Capital and reserves
Profit and loss account
91,987 
Shareholders' funds
91,987 
For the year ending 31 August 2023 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 director acknowledges his 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 and authorised for issue on 14 October 2024 and were signed on its behalf by
YOUSEF PIPELZADEH Director Company Registration No. 14316100
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Ptc Energy Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Ptc Energy Ltd is a private company, limited by shares, registered in England and Wales, registration number 14316100. The registered office is Flat 8, 33-35 Courtfield Road, London, London, SW7 4DB, England.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Computer equipment
20%
Vat
"Revenue from services provided to customers outside the United Kingdom is recognized in accordance with VAT rules governing cross-border transactions. For services provided to business customers (B2B) outside the UK, the supply is treated as outside the scope of UK VAT, and no VAT is charged. The responsibility for accounting for VAT falls on the recipient in their own jurisdiction under the reverse charge mechanism. For services provided to non-business customers (B2C) outside the UK, VAT is not charged where the services are provided to non-EU countries.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2022
- 
Additions
2,830 
At 31 August 2023
2,830 
Depreciation
Charge for the year
566 
At 31 August 2023
566 
Net book value
At 31 August 2023
2,264 
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Ptc Energy Ltd Notes to the Accounts for the year ended 31 August 2023
5
Creditors: amounts falling due within one year
2023 
£ 
Taxes and social security
12,154 
Loans from directors
13,795 
Accruals
32,400 
58,349 
6
Average number of employees
During the year the average number of employees was 0.
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