Company Registration No. 5867545 (England and Wales)
TOMORROW'S ENERGY LTD
Unaudited accounts
for the year ended 30 June 2024
TOMORROW'S ENERGY LTD
Unaudited accounts
Contents
TOMORROW'S ENERGY LTD
Company Information
for the year ended 30 June 2024
Directors
Anders Hedlund
Vahid Tabatahai
Company Number
5867545 (England and Wales)
Registered Office
Unit 2b North Road
Penallta Industrial Estate, Penallta
Hengoed
Mid Glamorgan
CF82 7SS
Accountants
STAS Ltd
253 Cowbridge Road West
Cardiff
CF5 5TD
TOMORROW'S ENERGY LTD
Statement of financial position
as at 30 June 2024
Tangible assets
1,416
2,441
Investments
200,000
200,000
Cash at bank and in hand
155,321
40,734
Creditors: amounts falling due within one year
(274,956)
(264,564)
Net current assets
93,330
97,765
Total assets less current liabilities
294,746
300,206
Creditors: amounts falling due after more than one year
(283,847)
(293,847)
Called up share capital
399,002
399,002
Profit and loss account
(388,103)
(392,643)
Shareholders' funds
10,899
6,359
For the year ending 30 June 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 3 December 2024 and were signed on its behalf by
Vahid Tabatahai
Director
Company Registration No. 5867545
TOMORROW'S ENERGY LTD
Notes to the Accounts
for the year ended 30 June 2024
TOMORROW'S ENERGY LTD is a private company, limited by shares, registered in England and Wales, registration number 5867545. The registered office is Unit 2b North Road, Penallta Industrial Estate, Penallta , Hengoed, Mid Glamorgan, CF82 7SS.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
4 years
Computer equipment
3 years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2023
3,287
5,800
1,020
9,342
19,449
At 30 June 2024
3,479
5,800
1,020
9,713
20,012
At 1 July 2023
2,986
5,800
670
7,552
17,008
Charge for the year
159
-
350
1,079
1,588
At 30 June 2024
3,145
5,800
1,020
8,631
18,596
At 30 June 2024
334
-
-
1,082
1,416
At 30 June 2023
301
-
350
1,790
2,441
TOMORROW'S ENERGY LTD
Notes to the Accounts
for the year ended 30 June 2024
5
Investments
Subsidiary undertakings
Valuation at 1 July 2023
200,000
Valuation at 30 June 2024
200,000
Amounts falling due within one year
Trade debtors
73,578
192,856
Amounts due from group undertakings etc.
66,289
66,289
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Trade creditors
18,377
7,691
Taxes and social security
3,044
2,737
Other creditors
5,803
6,325
Loans from directors
237,732
237,811
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
283,847
293,847
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).