Company registration number: 10169596
Unaudited financial statements
for the period ended 30 May 2024
for
Energy B2b Limited
Pages for filing with the Registrar
Energy B2b Limited
Accountants' Report to the Board of Directors for the preparation of the unaudited
financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Energy B2b Limited for the period ended 30 May 2024 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Energy B2b Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Energy B2b Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Energy B2b Limited and its Board of Directors, as a body, for our work, or for this report.
It is your duty to ensure that Energy B2b Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Energy B2b Limited. You consider that Energy B2b Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Energy B2b Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Brownes Bookkeeping & Accountancy Ltd
29 Elderberry Drive
HARROGATE
Yorkshire, East Riding
HG1 4FT
United Kingdom
Date: 20 January 2025
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Company registration number: 10169596
Energy B2b Limited
Balance sheet
as at 30 May 2024
30 May 24 30 May 23
Note £ £ £ £
Fixed assets
Tangible assets 4 1,964 1,964
1,964 1,964
Current assets
Debtors 4,613 3,220
Cash at bank and in hand 6,233 5,674
10,846 8,894
Creditors: amounts falling due within one
year
7,766 (9,413)
Net current assets/(liabilities) 18,612 (519)
Total assets less current liabilities 20,576 1,445
Creditors: Amounts falling due after more
than one year
(967) (1,500)
NET ASSETS/(LIABILITIES) 19,609 (55)
Capital and reserves
Called up share capital 100 100
Profit and loss account 19,509 (155)
TOTAL EQUITY 19,609 (55)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 30 May 2024.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 10169596
Energy B2b Limited
Balance sheet - continued
as at 30 May 2024
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 20 January 2025 and signed on its behalf by:
Mr A Hopkinson, Director
20 January 2025
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Energy B2b Limited
Notes to the financial statements
for the period ended 30 May 2024
1 Company information
Energy B2b Limited is a private company registered in England and Wales. Its registered number is 10169596. The company is limited by shares. Its registered office is Keepers Cottage, York Road, York, North Yorkshire, YO51 9EW.
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 historic cost convention.
Presentation currency
The company's financial statements are presented in sterling.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 33.33% straight line
Fixtures & fittings - 15% reducing balance
Computer equipment - 33.33% straight line
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Energy B2b Limited
Notes to the financial statements - continued
for the period ended 30 May 2024
2 Accounting policies - continued
Taxation
Taxation for the period comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the period the average number of employees was 2 (2023 - 2).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 9 May 2016 3,070
At 30 May 2024 3,070
Depreciation
At 9 May 2016 1,106
At 30 May 2024 1,106
Net book value
At 30 May 2024 1,964
At 30 May 2023 1,964
If ENTER REVALUED CLASS had not been revalued, it would have been included at the following historical cost:
30 May 24 30 May 23
£ £
Cost - 1,965
Accumulated depreciation - 1,105
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Energy B2b Limited
Notes to the financial statements - continued
for the period ended 30 May 2024
5 Advances, credit and guarantees granted to directors
The following advances and credits to a director subsisted during the periods ended 30 May 2024 and 30 May 2023.
30 May 24 30 May 23
£ £
Mr Andy Hopkinson
Balance outstanding at start of period 9,412 9,412
Amounts advanced 16,086 -
Amounts repaid - (9,412)
Balance outstanding at end of period 25,499 -
2.25%
During the period a director, Mr A Hopkinson received an interest free loan of £16,086.21 to enable him to carry out his duties. The amount outstanding at the year-end was £16,086.21.
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