1 September 2023 false Taxfiler 2024.6 14309433business:PrivateLimitedCompanyLtd2023-09-012024-08-31 143094332023-08-31 143094332023-09-012024-08-31 14309433business:AuditExemptWithAccountantsReport2023-09-012024-08-31 14309433business:FilletedAccounts2023-09-012024-08-31 143094332024-08-31 14309433business:Director12023-09-012024-08-31 14309433business:Director32023-09-012024-08-31 14309433business:Director42023-09-012024-08-31 14309433business:RegisteredOffice2023-09-012024-08-31 143094332023-08-31 14309433core:WithinOneYear2024-08-31 14309433core:WithinOneYear2023-08-31 14309433core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 14309433core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 14309433core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 14309433core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 14309433core:PreviouslyStatedAmount2024-08-31 14309433core:PreviouslyStatedAmount2023-08-31 14309433business:SmallEntities2023-09-012024-08-31 14309433countries:EnglandWales2023-09-012024-08-31 14309433core:MotorVehicles2023-09-012024-08-31 14309433core:FurnitureFittings2023-09-012024-08-31 14309433core:ComputerEquipment2023-09-012024-08-31 14309433core:MotorVehicles2023-08-31 14309433core:FurnitureFittings2023-08-31 14309433core:ComputerEquipment2023-08-31 14309433core:MotorVehicles2024-08-31 14309433core:FurnitureFittings2024-08-31 14309433core:ComputerEquipment2024-08-31 14309433business:OrdinaryShareClass12023-09-012024-08-31 14309433business:OrdinaryShareClass12022-09-012023-08-31 143094332022-09-012023-08-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 14309433 (England and Wales)
Ask Energy Solutions Ltd Filleted accounts for the year ended 31 August 2024
Ask Energy Solutions Ltd Filleted accounts Contents
Page
- 2 -
Ask Energy Solutions Ltd Company Information for the year ended 31 August 2024
Directors
Farooq Patel Shaun James Kelly Shueb Ahmed
Company Number
14309433 (England and Wales)
Registered Office
11 Key Hill Hockley Birmingham West Midlands B18 5PB England
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
- 3 -
Ask Energy Solutions Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
47,549 
45,991 
Current assets
Debtors
117,477 
- 
Cash at bank and in hand
149,695 
97,440 
267,172 
97,440 
Creditors: amounts falling due within one year
(300,246)
(77,267)
Net current (liabilities)/assets
(33,074)
20,173 
Net assets
14,475 
66,164 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
14,375 
66,064 
Shareholders' funds
14,475 
66,164 
For the year ending 31 August 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 12 February 2025 and were signed on its behalf by
Farooq Patel Director Company Registration No. 14309433
- 4 -
Ask Energy Solutions Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Ask Energy Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 14309433. The registered office is 11 Key Hill, Hockley, Birmingham, West Midlands, B18 5PB, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
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:
Motor vehicles
5 years
Fixtures & fittings
4 Years
Computer equipment
3 Years
Inventories
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.
Deferred taxation
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.
- 5 -
Ask Energy Solutions Ltd Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
68,983 
- 
- 
68,983 
Additions
11,375 
12,472 
8,889 
32,736 
At 31 August 2024
80,358 
12,472 
8,889 
101,719 
Depreciation
At 1 September 2023
22,992 
- 
- 
22,992 
Charge for the year
25,267 
2,948 
2,963 
31,178 
At 31 August 2024
48,259 
2,948 
2,963 
54,170 
Net book value
At 31 August 2024
32,099 
9,524 
5,926 
47,549 
At 31 August 2023
45,991 
- 
- 
45,991 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
31,458 
- 
Other debtors
86,019 
- 
117,477 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
97,742 
8,828 
Trade creditors
134,923 
52,805 
Taxes and social security
39,042 
14,546 
Other creditors
27,045 
- 
Accruals
1,494 
1,088 
300,246 
77,267 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 17 (2023: 6).
- 6 -