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REGISTERED NUMBER: 05709426 (England and Wales)















ENERGY CORPORATE FINANCE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2024






ENERGY CORPORATE FINANCE LIMITED (REGISTERED NUMBER: 05709426)

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










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


ENERGY CORPORATE FINANCE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: G Spaull





REGISTERED OFFICE: Town Wall House
Balkerne Hill
Colchester
Essex
CO3 3AD





REGISTERED NUMBER: 05709426 (England and Wales)

ENERGY CORPORATE FINANCE LIMITED (REGISTERED NUMBER: 05709426)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,126 1,323
Investments 5 - 81,583
2,126 82,906

CURRENT ASSETS
Debtors 6 212 18,498
Cash at bank 161,218 233,710
161,430 252,208
CREDITORS
Amounts falling due within one year 7 (3,413 ) (5,609 )
NET CURRENT ASSETS 158,017 246,599
TOTAL ASSETS LESS CURRENT LIABILITIES 160,143 329,505

PROVISIONS FOR LIABILITIES (404 ) (251 )
NET ASSETS 159,739 329,254

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 159,639 329,154
159,739 329,254

ENERGY CORPORATE FINANCE LIMITED (REGISTERED NUMBER: 05709426)

BALANCE SHEET - continued
31 MARCH 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 2 December 2024 and were signed by:





G Spaull - Director


ENERGY CORPORATE FINANCE LIMITED (REGISTERED NUMBER: 05709426)

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


1. STATUTORY INFORMATION

Energy Corporate Finance Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

For the purposes of presentation the financial statements are rounded to the nearest pound sterling (£).

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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 15% on reducing balance

Financial instruments
Basic financial instruments are recognised at amortised cost.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

ENERGY CORPORATE FINANCE LIMITED (REGISTERED NUMBER: 05709426)

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


4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 April 2023 6,321
Additions 1,465
Disposals (2,443 )
At 31 March 2024 5,343
DEPRECIATION
At 1 April 2023 4,998
Charge for year 425
Eliminated on disposal (2,206 )
At 31 March 2024 3,217
NET BOOK VALUE
At 31 March 2024 2,126
At 31 March 2023 1,323

5. FIXED ASSET INVESTMENTS

During the year, consideration has been given to the viability of the fixed asset investments, and therefore such assets are held at valuation as at year ending 31 March 2024. In the prior year, year ending 31 March 2023, the fixed asset investments where held at cost.

As at year ending 31 March 2024, the valuation for the fixed asset investments are deemed at £Nil (2023: £81,583 cost).

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 212 18,498

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 3,413 5,609