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Company Registration No. 14089847 (England and Wales)
Save Energy Trade World Limited Unaudited accounts for the year ended 31 May 2024
Save Energy Trade World Limited Unaudited accounts Contents
Page
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Save Energy Trade World Limited Company Information for the year ended 31 May 2024
Director
Richard Swords
Company Number
14089847 (England and Wales)
Registered Office
Cedar House Icon Office 2058 58 Peregrine Road Hainault Essex IG6 3SZ United Kingdom
Accountants
TDC Accountancy Ltd T-As Davies & Co. Merrydale House Linford Road Chadwell St. Mary Essex RM16 4LQ
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Save Energy Trade World Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
1,321 
- 
Cash at bank and in hand
26 
1 
1,347 
1 
Creditors: amounts falling due within one year
(12,940)
- 
Net current (liabilities)/assets
(11,593)
1 
Net (liabilities)/assets
(11,593)
1 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(11,594)
- 
Shareholders' funds
(11,593)
1 
For the year ending 31 May 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 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 2 October 2024 and were signed on its behalf by
Richard Swords Director Company Registration No. 14089847
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Save Energy Trade World Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Save Energy Trade World Limited is a private company, limited by shares, registered in England and Wales, registration number 14089847. The registered office is Cedar House, Icon Office 2058, 58 Peregrine Road, Hainault, Essex, IG6 3SZ, United Kingdom.
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 remained unchanged from the previous year, and also 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,321 
- 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
12,907 
- 
Loans from directors
33 
- 
12,940 
- 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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