Company Registration No. 13859306 (England and Wales)
CAVENDISH ENERGY SOLUTIONS LTD
ABRIDGED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
CAVENDISH ENERGY SOLUTIONS LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
CAVENDISH ENERGY SOLUTIONS LTD
BALANCE SHEET
AS AT 31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investments
3
59,265
58,852
Current assets
Cash at bank and in hand
625
639
Creditors: amounts falling due within one year
4
(193,472)
(186,344)
Net current liabilities
(192,847)
(185,705)
Net liabilities
(133,582)
(126,853)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(133,682)
(126,953)
Total equity
(133,582)
(126,853)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 10 March 2025 and are signed on its behalf by:
J J Tohme
T Ujejski
Director
Director
Company Registration No. 13859306
CAVENDISH ENERGY SOLUTIONS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -
1
Accounting policies
Company information
Cavendish Energy Solutions Ltd is a private company limited by shares incorporated in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
The validity of going concern basis of preparation is dependent on continued financial support from the company's directors and other creditors and on the ability of the company to continue trading. Should the directors and other creditors withdraw their support and the company be unable to continue trading, adjustments would have to be made to reduce the value of assets to their recoverable amounts, to provide for any further liabilities that might arise and re-classify fixed assets as current assets.true
1.3
Fixed asset investments
Investments are recognised at cost.
1.4
Foreign exchange
Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
4
4
3
Fixed asset investments
2024
2023
£
£
Other investments other than loans
59,265
58,852
CAVENDISH ENERGY SOLUTIONS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
3
Fixed asset investments
(Continued)
- 3 -
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 January 2024
58,852
Additions
413
At 31 December 2024
59,265
Carrying amount
At 31 December 2024
59,265
At 31 December 2023
58,852
4
Creditors: amounts falling due within one year
2024
2023
£
£
Loans
191,127
184,052
Accruals
2,345
2,292
193,472
186,344