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REGISTERED NUMBER: 14253077 (England and Wales)


















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Electrogenos Ltd

Electrogenos Ltd (Registered number: 14253077)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Electrogenos Ltd (Registered number: 14253077)

Balance Sheet
31 July 2024

2024 2023
as restated
Notes £    £   
FIXED ASSETS
Tangible assets 4 213,382 113,489
Investments 5 10,002 10,002
223,384 123,491

CURRENT ASSETS
Debtors 6 201,489 90,755
Cash at bank and in hand 129,680 514,937
331,169 605,692
CREDITORS
Amounts falling due within one year 7 (38,759 ) (65,211 )
NET CURRENT ASSETS 292,410 540,481
TOTAL ASSETS LESS CURRENT
LIABILITIES

515,794

663,972

CAPITAL AND RESERVES
Called up share capital 1 1
Share premium 1,385,339 889,618
Retained earnings (869,546 ) (225,647 )
515,794 663,972

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

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

The directors acknowledge their 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.

Electrogenos Ltd (Registered number: 14253077)

Balance Sheet - continued
31 July 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 Board of Directors and authorised for issue on 25 October 2024 and were signed on its behalf by:





Mr A Saenger Izquerdo - Director


Electrogenos Ltd (Registered number: 14253077)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Electrogenos 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: 14253077

Registered office: Bee House, 140 Eastern Avenue
Milton Park
Abingdon
Oxfordshire
OX14 4SB

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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on cost
Fixtures and fittings - 33% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 7 (2023 - 3 ) .

Electrogenos Ltd (Registered number: 14253077)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 142,896
Additions 163,655
At 31 July 2024 306,551
DEPRECIATION
At 1 August 2023 29,407
Charge for year 63,762
At 31 July 2024 93,169
NET BOOK VALUE
At 31 July 2024 213,382
At 31 July 2023 113,489

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 August 2023 84,000
Transfer to ownership (84,000 )
At 31 July 2024 -
DEPRECIATION
At 1 August 2023 16,800
Transfer to ownership (16,800 )
At 31 July 2024 -
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 67,200

Electrogenos Ltd (Registered number: 14253077)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 August 2023
and 31 July 2024 10,002
NET BOOK VALUE
At 31 July 2024 10,002
At 31 July 2023 10,002

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Amounts owed by group undertakings 23,592 -
Other debtors 177,897 90,755
201,489 90,755

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Hire purchase contracts (see note 8) - 42,000
Trade creditors 17,976 1,061
Amounts owed to group undertakings - 9,285
Taxation and social security 5,653 2,751
Other creditors 15,130 10,114
38,759 65,211

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
as restated
£    £   
Net obligations repayable:
Within one year - 42,000

Non-cancellable operating leases
2024 2023
as restated
£    £   
Within one year 37,825 34,673
Between one and five years 94,562 151,300
132,387 185,973

Electrogenos Ltd (Registered number: 14253077)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
as restated
£    £   
Hire purchase - 42,000

The hire purchase loan is secured against the asset held in the company.