ENERGY METERING TECHNOLOGY LIMITED

Company Registration Number:
02180497 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

ENERGY METERING TECHNOLOGY LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

ENERGY METERING TECHNOLOGY LIMITED

Company Information

for the Period Ended 31 October 2023




Director: Colin James Boughton-Smith
Sarah Louise Boughton-Smith
Kiran Kumar Reddy Chintala
Registered office: Lloyd House
57 High Street
Burnham Slough
Berkshire
SL1 7JX
Company Registration Number: 02180497 (England and Wales)

ENERGY METERING TECHNOLOGY LIMITED

Directors' Report Period Ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal Activities

The activities of the company during the year were the design, development, supply, installation, servicing and maintenance of automatic utilities auditing systems and software.

Political and charitable donations

No political domations were made during the year under review

Company policy on the employment of disabled persons

It is company policy to employ disabled people where possible. One registered disabled employee was employed during the year under review.

Directors

The directors shown below have held office during the whole of the period from 01 November 2022 to 31 October 2023
Colin James Boughton-Smith
Sarah Louise Boughton-Smith
Kiran Kumar Reddy Chintala

This report was approved by the board of directors on 29 November 2024
And Signed On Behalf Of The Board By:

Name: Sarah Louise Boughton-Smith
Status: Director

ENERGY METERING TECHNOLOGY LIMITED

Profit and Loss Account

for the Period Ended 31 October 2023


Notes

2023
£

2022
£
Gross Profit or (Loss) 554,827 586,329
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 148,065 ) ( 157,874 )
Administrative Expenses ( 418,574 ) ( 528,647 )
Operating Profit or (Loss) ( 11,812 ) ( 100,192 )
Interest Receivable and Similar Income 112 107
Profit or (Loss) Before Tax ( 11,700 ) ( 100,085 )
Tax on Profit ( 21 ) ( 20 )
Profit or (Loss) for Period ( 11,721 ) ( 100,105 )

The notes form part of these financial statements

ENERGY METERING TECHNOLOGY LIMITED

Balance sheet

As at 31 October 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 5 72,026 71,913
Tangible assets: 6 169,587 169,481
Total fixed assets: 241,613 241,394
Current assets
Stocks: 81,263 81,263
Debtors: 196,115 226,686
Cash at bank and in hand: 58,167 105,787
Total current assets: 335,545 413,736
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 168,702 ) ( 214,974 )
Net current assets (liabilities): 166,843 198,762
Total assets less current liabilities: 408,456 440,156
Creditors: amounts falling due after more than one year: ( 50,000 ) ( 70,000 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 358,456 370,156

The notes form part of these financial statements

ENERGY METERING TECHNOLOGY LIMITED

Balance sheet continued

As at 31 October 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1,000 1,000
Revaluation reserve: 7 0 0
Profit and loss account: 357,456 369,156
Shareholders funds: 358,456 370,156

For the year ending 31 October 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 29 November 2024
And Signed On Behalf Of The Board By:

Name: Sarah Louise Boughton-Smith
Status: Director

The notes form part of these financial statements

ENERGY METERING TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Tangible fixed assets depreciation policy

    Depreciation is applied to assets on a reducing balance basis at the following rates:-
    Building fixtures and fittings - 8%
    All pool cars were disposed of during the year.
    Plant and machinery have been fully depreciated and new purchases are considered as fully expensed.

ENERGY METERING TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 10 11

ENERGY METERING TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

ENERGY METERING TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Dividends


2023
£

2022
£
Dividends paid 8,270 11,578

ENERGY METERING TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 5. Intangible assets

    Total
    Cost £
    At 01 November 2022 71,913
    Additions 113
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 31 October 2023 72,026
    Amortisation
    Amortisation at 01 November 2022 0
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 31 October 2023 0
    Net book value
    Net book value at 31 October 2023 72,026
    Net book value at 31 October 2022 71,913

ENERGY METERING TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

6. Tangible Assets

Total
Cost £
At 01 November 2022 199,117
Additions 0
Disposals (0)
Revaluations 0
Transfers 0
At 31 October 2023 199,117
Depreciation
At 01 November 2022 29,636
Charge for year 235
On disposals (341)
Other adjustments 0
At 31 October 2023 29,530
Net book value
At 31 October 2023 169,587
At 31 October 2022 169,481

ENERGY METERING TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

7. Revaluation reserve


2023
£
Balance at 01 November 2022 0
Surplus or deficit after revaluation 0
Balance at 31 October 2023 0