IRIS Accounts Production v24.2.0.383 10575127 director 1.2.23 31.1.24 31.1.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh105751272023-01-31105751272024-01-31105751272023-02-012024-01-31105751272022-01-31105751272022-02-012023-01-31105751272023-01-3110575127ns15:EnglandWales2023-02-012024-01-3110575127ns14:PoundSterling2023-02-012024-01-3110575127ns10:Director12023-02-012024-01-3110575127ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3110575127ns10:SmallEntities2023-02-012024-01-3110575127ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3110575127ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3110575127ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3110575127ns10:FullAccounts2023-02-012024-01-311057512712023-02-012024-01-3110575127ns10:OrdinaryShareClass12023-02-012024-01-3110575127ns5:CurrentFinancialInstruments2024-01-3110575127ns5:CurrentFinancialInstruments2023-01-3110575127ns5:ShareCapital2024-01-3110575127ns5:ShareCapital2023-01-3110575127ns5:RetainedEarningsAccumulatedLosses2024-01-3110575127ns5:RetainedEarningsAccumulatedLosses2023-01-3110575127ns10:RegisteredOffice2023-02-012024-01-3110575127ns5:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3110575127ns5:PatentsTrademarksLicencesConcessionsSimilar2023-02-012024-01-3110575127ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-02-012024-01-3110575127ns5:PatentsTrademarksLicencesConcessionsSimilar2023-01-3110575127ns5:PatentsTrademarksLicencesConcessionsSimilar2024-01-3110575127ns5:PatentsTrademarksLicencesConcessionsSimilar2023-01-3110575127ns5:LandBuildings2023-01-3110575127ns5:LandBuildings2024-01-3110575127ns5:LandBuildings2023-01-3110575127ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3110575127ns5:WithinOneYearns5:CurrentFinancialInstruments2023-01-3110575127ns10:OrdinaryShareClass12024-01-31105751271ns10:Director12023-01-31105751271ns10:Director12022-01-31105751271ns10:Director12023-02-012024-01-31105751271ns10:Director12022-02-012023-01-31105751271ns10:Director12024-01-31105751271ns10:Director12023-01-31
REGISTERED NUMBER: 10575127 (England and Wales)


















ENERJ SMART LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024






ENERJ SMART LTD (REGISTERED NUMBER: 10575127)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Statement of Financial Position 1 to 2

Notes to the Financial Statements 3 to 6


ENERJ SMART LTD (REGISTERED NUMBER: 10575127)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 840 945
Tangible assets 5 862,974 862,974
863,814 863,919

CURRENT ASSETS
Stocks 556,221 625,000
Debtors 6 437,660 545,437
Cash at bank and in hand 677,371 372,849
1,671,252 1,543,286
CREDITORS
Amounts falling due within one year 7 (1,654,403 ) (1,661,082 )
NET CURRENT ASSETS/(LIABILITIES) 16,849 (117,796 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

880,663

746,123

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 880,563 746,023
SHAREHOLDERS' FUNDS 880,663 746,123

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

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

The director acknowledges his 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.

ENERJ SMART LTD (REGISTERED NUMBER: 10575127)

STATEMENT OF FINANCIAL POSITION - continued
31 JANUARY 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 October 2024 and were signed by:





J Sakhrani - Director


ENERJ SMART LTD (REGISTERED NUMBER: 10575127)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

Enerj Smart Ltd 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: 10575127

Registered office: 11d Cosgrove Way
Luton
LU1 1XL

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances.
Revenue from the sale of goods and services is recognised when goods are delivered, and legal title has passed.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Freehold property - in accordance with the property

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

Financial instruments
Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a financing transaction it is measured at the present value of future payments


ENERJ SMART LTD (REGISTERED NUMBER: 10575127)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

ENERJ SMART LTD (REGISTERED NUMBER: 10575127)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 February 2023
and 31 January 2024 1,050
AMORTISATION
At 1 February 2023 105
Amortisation for year 105
At 31 January 2024 210
NET BOOK VALUE
At 31 January 2024 840
At 31 January 2023 945

5. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 February 2023
and 31 January 2024 862,974
NET BOOK VALUE
At 31 January 2024 862,974
At 31 January 2023 862,974

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 413,626 513,731
Other debtors 24,034 31,706
437,660 545,437

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 316,093
Trade creditors 1,589,696 1,158,950
Taxation and social security 64,707 37,990
Other creditors - 148,049
1,654,403 1,661,082

ENERJ SMART LTD (REGISTERED NUMBER: 10575127)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
J Sakhrani
Balance outstanding at start of year - -
Amounts advanced 87,348 -
Amounts repaid (63,985 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 23,363 -