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REGISTERED NUMBER: SC594691 (Scotland)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

ENERGY USE STRATEGIES LIMITED

ENERGY USE STRATEGIES LIMITED (REGISTERED NUMBER: SC594691)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 APRIL 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


ENERGY USE STRATEGIES LIMITED

COMPANY INFORMATION
for the year ended 30 APRIL 2024







DIRECTOR: D F Swan





REGISTERED OFFICE: 27 Dougalston Gardens South
Milngavie
Glasgow
G62 6HS





REGISTERED NUMBER: SC594691 (Scotland)





ACCOUNTANTS: Thomas Barrie & Co LLP
Atlantic House
1a Cadogan Street
Glasgow
G2 6QE

ENERGY USE STRATEGIES LIMITED (REGISTERED NUMBER: SC594691)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,504 1,719

CURRENT ASSETS
Cash at bank 28 -

CREDITORS
Amounts falling due within one year 5 (12,252 ) (10,108 )
NET CURRENT LIABILITIES (12,224 ) (10,108 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(10,720

)

(8,389

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (10,820 ) (8,489 )
(10,720 ) (8,389 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 17 January 2025 and were signed by:





D F Swan - Director


ENERGY USE STRATEGIES LIMITED (REGISTERED NUMBER: SC594691)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 APRIL 2024

1. STATUTORY INFORMATION

Energy Use Strategies Limited is a private company, limited by shares, registered in Scotland, registration number SC594691. The registered office is 27 Dougalston Gardens South, Milngavie, Glasgow, Scotland, G62 6HS.

The principal activity of the company is energy efficient consultancy and installations.

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.

The presentational and functional currency of the financial statements is Pounds Sterling (£).

Going Concern
These financial statements have been prepared on the going concern basis despite the fact that Statement of Financial Position is showing a net current liability position of the Company. The key driver for this are loans provided to the Company by the director/shareholder, which are all repayable on demand with no fixed terms of repayment. The director does not intend to recall the loans within the next 12 months, hence going concern basis of the Company is considered to be appropriate.

Significant judgements and estimates
In preparing these financial statements, the director is required to make judgements, estimates and assumptions that affect the application of the Company's accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates. Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to estimates are recognised prospectively.

There are no significant judgements or estimates used in the preparation of these accounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 10% on cost

The carrying values of tangible fixed assets are reviewed annually for impairment if events or changes in circumstances indicate the carrying values may not be recoverable.

Financial instruments
The company has financial assets and financial liabilities of a kind that qualify as basic financial instruments.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash and cash equivalents comprise cash balances.

Creditors
Short term trade creditors are measured at the transaction price.

Provisions
Provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the liability. The unwinding of the discount is recognised as finance cost.

ENERGY USE STRATEGIES LIMITED (REGISTERED NUMBER: SC594691)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 APRIL 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 2,149
DEPRECIATION
At 1 May 2023 430
Charge for year 215
At 30 April 2024 645
NET BOOK VALUE
At 30 April 2024 1,504
At 30 April 2023 1,719

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 160
Other creditors 12,252 9,948
12,252 10,108