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REGISTERED NUMBER: 00917116 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

The Association for Decentralised Energy

The Association for Decentralised Energy (Registered number: 00917116)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Association for Decentralised Energy

Company Information
for the Year Ended 31 March 2024







DIRECTORS: S E Appan
Ms R L Doyle
Ms M M Griffiths
S Hobday
Dr A J Martin
Ms L Padfield
D F Robson
N D K Sanders
J A Standley





SECRETARIES: Mrs D Kamourieh
Ms C Bragg





REGISTERED OFFICE: Heron House
10 Dean Farrar Street
6th Floor
London
SW1H 0DX





REGISTERED NUMBER: 00917116 (England and Wales)





ACCOUNTANTS: Khushkam Limited
46-48 Byron Road
Wealdstone
Harrow
Middlesex
HA3 7SS

The Association for Decentralised Energy (Registered number: 00917116)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 25,885 35,491
25,885 35,491

CURRENT ASSETS
Debtors 6 221,543 385,876
Cash at bank 1,465,765 1,308,942
1,687,308 1,694,818
CREDITORS
Amounts falling due within one year 7 507,034 553,369
NET CURRENT ASSETS 1,180,274 1,141,449
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,206,159

1,176,940

RESERVES
Income and expenditure account 1,206,159 1,176,940
1,206,159 1,176,940

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 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 surplus or deficit 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 Association for Decentralised Energy (Registered number: 00917116)

Balance Sheet - continued
31 March 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 7 November 2024 and were signed on its behalf by:





D F Robson - Director


The Association for Decentralised Energy (Registered number: 00917116)

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

1. STATUTORY INFORMATION

The Association for Decentralised Energy is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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.


The Association for Decentralised Energy (Registered number: 00917116)

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

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

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 18 (2023 - 19 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 (654,749 )
AMORTISATION
At 1 April 2023
and 31 March 2024 (654,749 )
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

The Association for Decentralised Energy (Registered number: 00917116)

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 170,255
Additions 620
At 31 March 2024 170,875
DEPRECIATION
At 1 April 2023 134,764
Charge for year 10,226
At 31 March 2024 144,990
NET BOOK VALUE
At 31 March 2024 25,885
At 31 March 2023 35,491

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 71,008 194,018
Other debtors 150,535 191,858
221,543 385,876

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 65,416 51,240
Taxation and social security 53,518 88,038
Other creditors 388,100 414,091
507,034 553,369