Company Registration No. 06960853 (England and Wales)
Fortis Energy Limited
Unaudited accounts
for the year ended 31 December 2024
Fortis Energy Limited
Unaudited accounts
Contents
Fortis Energy Limited
Company Information
for the year ended 31 December 2024
Directors
Matthew Rice
James Askew
Company Number
06960853 (England and Wales)
Registered Office
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
United Kingdom
Accountants
Vision Accounting
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
Fortis Energy Limited
Statement of financial position
as at 31 December 2024
Tangible assets
3,431
5,183
Cash at bank and in hand
24,513
99,497
Creditors: amounts falling due within one year
(43,817)
(72,503)
Net current assets
106,890
134,984
Total assets less current liabilities
110,321
140,167
Creditors: amounts falling due after more than one year
(35,185)
(40,741)
Called up share capital
200
200
Capital redemption reserve
100
100
Profit and loss account
74,836
99,126
Shareholders' funds
75,136
99,426
For the year ending 31 December 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 31 January 2025 and were signed on its behalf by
Matthew Rice
Director
Company Registration No. 06960853
Fortis Energy Limited
Notes to the Accounts
for the year ended 31 December 2024
Fortis Energy Limited is a private company, limited by shares, registered in England and Wales, registration number 06960853. The registered office is Fortis House, Cothey Way, Ryde, Isle of Wight, PO33 1QT, 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 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
Straight Line - 25%
Computer equipment
Straight Line - 33%
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
4,527
16,602
21,129
At 31 December 2024
4,527
16,602
21,129
At 1 January 2024
4,527
11,419
15,946
Charge for the year
-
1,752
1,752
At 31 December 2024
4,527
13,171
17,698
At 31 December 2024
-
3,431
3,431
At 31 December 2023
-
5,183
5,183
Fortis Energy Limited
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
64,802
52,823
Amounts due from group undertakings etc.
50,569
50,569
Accrued income and prepayments
9,119
-
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,620
1,790
Taxes and social security
32,238
44,229
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).