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Company Registration No. 12761618 (England and Wales)
WE ARE EV ENERGY LTD Unaudited accounts for the year ended 30 November 2023
WE ARE EV ENERGY LTD Unaudited accounts Contents
Page
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WE ARE EV ENERGY LTD Company Information for the year ended 30 November 2023
Director
J Guthrie
Company Number
12761618 (England and Wales)
Registered Office
BROOK COTTAGE MAIN ROAD EASTER COMPTON BRISTOL BS35 5RH
Accountants
FARQUHAR PARTNERSHIP LIMITED 151 WHITELADIES ROAD CLIFTON BRISTOL BS8 2RA
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WE ARE EV ENERGY LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
828 
1,260 
Current assets
Inventories
9,123 
8,974 
Debtors
45,602 
15,012 
Cash at bank and in hand
2,168 
1,197 
56,893 
25,183 
Creditors: amounts falling due within one year
(601)
(11,903)
Net current assets
56,292 
13,280 
Net assets
57,120 
14,540 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
57,020 
14,440 
Shareholders' funds
57,120 
14,540 
For the year ending 30 November 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 5 November 2024 and were signed on its behalf by
J Guthrie Director Company Registration No. 12761618
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WE ARE EV ENERGY LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
WE ARE EV ENERGY LTD is a private company, limited by shares, registered in England and Wales, registration number 12761618. The registered office is BROOK COTTAGE, MAIN ROAD, EASTER COMPTON, BRISTOL, BS35 5RH.
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.
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 and value added tax. 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.
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:
Plant & machinery
20% Straight Line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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WE ARE EV ENERGY LTD Notes to the Accounts for the year ended 30 November 2023
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 December 2022
2,159 
At 30 November 2023
2,159 
Depreciation
At 1 December 2022
899 
Charge for the year
432 
At 30 November 2023
1,331 
Net book value
At 30 November 2023
828 
At 30 November 2022
1,260 
5
Inventories
2023 
2022 
£ 
£ 
Raw materials
9,123 
8,974 
9,123 
8,974 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,681 
2,501 
Amounts due from group undertakings etc.
37,768 
- 
Accrued income and prepayments
- 
1,440 
Other debtors
153 
11,071 
45,602 
15,012 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1 
6,478 
Amounts owed to group undertakings and other participating interests
- 
4,006 
Taxes and social security
- 
821 
Accruals
600 
598 
601 
11,903 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
51 Ordinary shares of £1 each
51 
51 
49 A Ordinary shares of £1 each
49 
49 
100 
100 
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WE ARE EV ENERGY LTD Notes to the Accounts for the year ended 30 November 2023
9
Controlling party
The parent undertaking is We Are EV Group Ltd whose registered office is Brook Cottage, Main Road, Easter Compton, Bristol, BS35 5RH.
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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