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REGISTERED NUMBER: 06932787 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Energy Options Limited

Energy Options Limited (Registered number: 06932787)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Energy Options Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mr P D Barker





SECRETARY: Mr P D Barker





REGISTERED OFFICE: The School Building
Churchill Street
Kingston upon Hull
East Yorkshire
HU9 1RR





REGISTERED NUMBER: 06932787 (England and Wales)





ACCOUNTANTS: Try Lunn & Co
Chartered Accountants
Roland House
Princes Dock Street
HULL HU1 2LD

Energy Options Limited (Registered number: 06932787)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,462 2,161

CURRENT ASSETS
Debtors 5 43,299 31,893
Cash at bank 45,191 65,156
88,490 97,049
CREDITORS
Amounts falling due within one year 6 26,421 38,355
NET CURRENT ASSETS 62,069 58,694
TOTAL ASSETS LESS CURRENT
LIABILITIES

67,531

60,855

CREDITORS
Amounts falling due after more than one
year

7

3,869

7,981
NET ASSETS 63,662 52,874

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 8 62,662 51,874
SHAREHOLDERS' FUNDS 63,662 52,874

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Energy Options Limited (Registered number: 06932787)

Balance Sheet - continued
30 June 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 March 2025 and were signed by:





Mr P D Barker - Director


Energy Options Limited (Registered number: 06932787)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Energy Options Limited 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.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on cost

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.

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.

3. EMPLOYEES AND DIRECTORS

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

Energy Options Limited (Registered number: 06932787)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 22,663
Additions 4,750
Disposals (18,000 )
At 30 June 2024 9,413
DEPRECIATION
At 1 July 2023 20,502
Charge for year 1,449
Eliminated on disposal (18,000 )
At 30 June 2024 3,951
NET BOOK VALUE
At 30 June 2024 5,462
At 30 June 2023 2,161

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 36,179 31,488
Other debtors 7,120 405
43,299 31,893

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,997 3,840
Trade creditors 2,030 616
Taxation and social security 15,309 19,453
Other creditors 5,085 14,446
26,421 38,355

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 3,869 7,981

Energy Options Limited (Registered number: 06932787)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. RESERVES
Retained
earnings
£   

At 1 July 2023 51,874
Profit for the year 15,788
Dividends (5,000 )
At 30 June 2024 62,662

9. RELATED PARTY DISCLOSURES

At the balance sheet date an amount of £519 (2023 - £1,844) was owed by the company to the director, Mr P D Barker.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr P D Barker.