IRIS Accounts Production v24.3.2.46 10027047 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh100270472023-03-31100270472024-03-31100270472023-04-012024-03-31100270472022-03-31100270472022-04-012023-03-31100270472023-03-3110027047ns15:EnglandWales2023-04-012024-03-3110027047ns14:PoundSterling2023-04-012024-03-3110027047ns10:Director12023-04-012024-03-3110027047ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3110027047ns10:SmallEntities2023-04-012024-03-3110027047ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3110027047ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3110027047ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3110027047ns10:FullAccounts2023-04-012024-03-3110027047ns10:RegisteredOffice2023-04-012024-03-3110027047ns5:CurrentFinancialInstruments2024-03-3110027047ns5:CurrentFinancialInstruments2023-03-3110027047ns5:ShareCapital2024-03-3110027047ns5:ShareCapital2023-03-3110027047ns5:RetainedEarningsAccumulatedLosses2024-03-3110027047ns5:RetainedEarningsAccumulatedLosses2023-03-3110027047ns5:PlantMachinery2023-03-3110027047ns5:MotorVehicles2023-03-3110027047ns5:PlantMachinery2023-04-012024-03-3110027047ns5:MotorVehicles2023-04-012024-03-3110027047ns5:PlantMachinery2024-03-3110027047ns5:MotorVehicles2024-03-3110027047ns5:PlantMachinery2023-03-3110027047ns5:MotorVehicles2023-03-3110027047ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3110027047ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3110027047ns5:Non-currentFinancialInstruments2024-03-3110027047ns5:Non-currentFinancialInstruments2023-03-31
REGISTERED NUMBER: 10027047 (England and Wales)















Electricity Supply Solutions Ltd

Unaudited Financial Statements For The Year Ended 31 March 2024






Electricity Supply Solutions Ltd (Registered number: 10027047)






Contents of the Financial Statements
For The Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Electricity Supply Solutions Ltd

Company Information
For The Year Ended 31 March 2024







DIRECTOR: R Fagura





REGISTERED OFFICE: 276a St.Thomas Road
Derby
Derbyshire
DE23 8SY





REGISTERED NUMBER: 10027047 (England and Wales)





ACCOUNTANTS: Kingswood Allotts Limited
Chartered Accountants
Sidings Court
Lakeside
Doncaster
South Yorkshire
DN4 5NU

Electricity Supply Solutions Ltd (Registered number: 10027047)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,327 8,417

CURRENT ASSETS
Debtors 5 158,378 107,642
Cash at bank 971,165 489,447
1,129,543 597,089
CREDITORS
Amounts falling due within one year 6 320,119 202,204
NET CURRENT ASSETS 809,424 394,885
TOTAL ASSETS LESS CURRENT LIABILITIES 831,751 403,302

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 831,731 403,282
831,751 403,302

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 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 6 February 2025 and were signed by:





R Fagura - Director


Electricity Supply Solutions Ltd (Registered number: 10027047)

Notes to the Financial Statements
For The Year Ended 31 March 2024

1. STATUTORY INFORMATION

Electricity Supply Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
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: 33% straight line
Motor vehicles: 20% 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss 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.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

Electricity Supply Solutions Ltd (Registered number: 10027047)

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

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2023 16,217 15,644 31,861
Additions 7,000 27,487 34,487
Disposals - (14,938 ) (14,938 )
At 31 March 2024 23,217 28,193 51,410
DEPRECIATION
At 1 April 2023 14,762 8,682 23,444
Charge for year 3,788 4,415 8,203
Eliminated on disposal - (2,564 ) (2,564 )
At 31 March 2024 18,550 10,533 29,083
NET BOOK VALUE
At 31 March 2024 4,667 17,660 22,327
At 31 March 2023 1,455 6,962 8,417

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 97,389 51,939
Other debtors 1,630 1,630
Prepayments and accrued income 12,359 7,073
111,378 60,642

Amounts falling due after more than one year:
Other debtors 47,000 47,000

Aggregate amounts 158,378 107,642

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 97,627 80,681
Taxation 138,495 30,830
VAT 6,497 18,539
Other creditors 2,975 4,209
Directors' current accounts 69,775 65,595
Accruals and deferred income 4,750 2,350
320,119 202,204