ENVIROLEC SMART ENERGY SOLUTIONS (LONDON) LIMITED

Company Registration Number:
12353897 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

ENVIROLEC SMART ENERGY SOLUTIONS (LONDON) LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

ENVIROLEC SMART ENERGY SOLUTIONS (LONDON) LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 78,884 44,941
Total fixed assets: 78,884 44,941
Current assets
Stocks: 22,071 22,071
Debtors:   1,055,598 658,510
Cash at bank and in hand: 505,748 507,677
Total current assets: 1,583,417 1,188,258
Creditors: amounts falling due within one year: 4 (936,483) (703,331)
Net current assets (liabilities): 646,934 484,927
Total assets less current liabilities: 725,818 529,868
Creditors: amounts falling due after more than one year: 5 (62,224) (19,830)
Total net assets (liabilities): 663,594 510,038
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 663,592 510,036
Shareholders funds: 663,594 510,038

The notes form part of these financial statements

ENVIROLEC SMART ENERGY SOLUTIONS (LONDON) LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 March 2025
and signed on behalf of the board by:

Name: D Wills
Status: Director

The notes form part of these financial statements

ENVIROLEC SMART ENERGY SOLUTIONS (LONDON) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost and are subsequently stated at a cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves of that asset, the excess shall be recognised in profit or loss.

ENVIROLEC SMART ENERGY SOLUTIONS (LONDON) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 25 17

ENVIROLEC SMART ENERGY SOLUTIONS (LONDON) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 90,930
Additions 101,967
Disposals (46,379)
At 31 March 2024 146,518
Depreciation
At 01 April 2023 45,989
Charge for year 39,065
On disposals (17,420)
At 31 March 2024 67,634
Net book value
At 31 March 2024 78,884
At 31 March 2023 44,941

ENVIROLEC SMART ENERGY SOLUTIONS (LONDON) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

Bank loans and overdrafts - £10,648 Trade creditors - £630,718 Corporation tax - £75,740 Social Security and other taxes - £30,622 Other creditors - £188,755 Total - £936,483

ENVIROLEC SMART ENERGY SOLUTIONS (LONDON) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due after more than one year note

Bank loans and overdrafts - £9,181 Other creditors - £53,043 Total - £62,224