RETROSPECT ENERGY (NW) LTD

Company Registration Number:
13401391 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 April 2023

End date: 30 June 2024

RETROSPECT ENERGY (NW) LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

RETROSPECT ENERGY (NW) LTD

Balance sheet

As at 30 June 2024


Notes

15 months to 30 June 2024

2023


£

£
Fixed assets
Tangible assets: 3 58,057 992
Total fixed assets: 58,057 992
Current assets
Debtors:   1,214,324 32,300
Cash at bank and in hand: 1,025,231 37,571
Total current assets: 2,239,555 69,871
Creditors: amounts falling due within one year: 4 (892,289) (44,929)
Net current assets (liabilities): 1,347,266 24,942
Total assets less current liabilities: 1,405,323 25,934
Provision for liabilities: (14,514)
Total net assets (liabilities): 1,390,809 25,934
Capital and reserves
Called up share capital: 5 2
Profit and loss account: 1,390,804 25,932
Shareholders funds: 1,390,809 25,934

The notes form part of these financial statements

RETROSPECT ENERGY (NW) LTD

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 October 2024
and signed on behalf of the board by:

Name: Thomas McManus
Status: Director

The notes form part of these financial statements

RETROSPECT ENERGY (NW) LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

RETROSPECT ENERGY (NW) LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

15 months to 30 June 2024 2023
Average number of employees during the period 24 6

RETROSPECT ENERGY (NW) LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 1,240
Additions 76,968
At 30 June 2024 78,208
Depreciation
At 01 April 2023 248
Charge for year 19,903
At 30 June 2024 20,151
Net book value
At 30 June 2024 58,057
At 31 March 2023 992

RETROSPECT ENERGY (NW) LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Creditors: amounts falling due within one year note

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

RETROSPECT ENERGY (NW) LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Loans to directors

Name of director receiving advance or credit: Adam Gleeson
Description of the loan: A company advance which is to be repaid within 9 months of the financial year end.
£
Balance at 01 April 2023 0
Advances or credits made: 410,790
Balance at 30 June 2024 410,790
Name of director receiving advance or credit: Thomas McManus
Description of the loan: A company advance which is to be repaid within 9 months of the financial year end.
£
Balance at 01 April 2023 0
Advances or credits made: 498,608
Balance at 30 June 2024 498,608