Company Registration No. 11752900 (England and Wales)
ENERGISE CONTRACTING LTD
Unaudited accounts
for the period from 1 February 2023 to 30 January 2024
ENERGISE CONTRACTING LTD
Unaudited accounts
Contents
ENERGISE CONTRACTING LTD
Company Information
for the period from 1 February 2023 to 30 January 2024
Company Number
11752900 (England and Wales)
Registered Office
Oakland House
21 Hope Carr Road
Leigh
Lancashire
WN7 3ET
United Kingdom
Accountants
Monton Green Accountancy Ltd
5 Hawthorn Avenue
Eccles
Manchester
M30 9NE
ENERGISE CONTRACTING LTD
Statement of financial position
as at 30 January 2024
Tangible assets
29,046
56,573
Cash at bank and in hand
5,657
11,495
Creditors: amounts falling due within one year
(199,910)
(234,334)
Net current liabilities
(183,649)
(208,739)
Total assets less current liabilities
(154,603)
(152,166)
Creditors: amounts falling due after more than one year
(6,442)
(11,200)
Net liabilities
(161,045)
(163,366)
Called up share capital
100
100
Profit and loss account
(161,145)
(163,466)
Shareholders' funds
(161,045)
(163,366)
For the period ending 30 January 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 director acknowledges his 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 and authorised for issue on 16 January 2025 and were signed on its behalf by
Gary Brandwood
Director
Company Registration No. 11752900
ENERGISE CONTRACTING LTD
Notes to the Accounts
for the period from 1 February 2023 to 30 January 2024
ENERGISE CONTRACTING LTD is a private company, limited by shares, registered in England and Wales, registration number 11752900. The registered office is Oakland House, 21 Hope Carr Road, Leigh, Lancashire, WN7 3ET, United Kingdom.
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 period, 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:
Plant & machinery
5 Years Straight Line
Motor vehicles
5 Years Reducing Balance
Computer equipment
5 Years Straight Line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
ENERGISE CONTRACTING LTD
Notes to the Accounts
for the period from 1 February 2023 to 30 January 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
9,410
60,839
2,283
72,532
Disposals
-
(27,857)
-
(27,857)
At 30 January 2024
11,396
32,982
2,283
46,661
At 1 February 2023
3,993
11,409
557
15,959
Charge for the period
2,180
5,683
637
8,500
On disposals
-
(6,844)
-
(6,844)
At 30 January 2024
6,173
10,248
1,194
17,615
At 30 January 2024
5,223
22,734
1,089
29,046
At 31 January 2023
5,417
49,430
1,726
56,573
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,747
4,800
Trade creditors
4,131
48,983
Taxes and social security
(19,164)
14,346
Other creditors
191,837
159,598
Loans from directors
5,000
5,000
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the period the average number of employees was 12 (2023: 24).