Caseware UK (AP4) 2024.0.164 2024.0.164 2023-07-01falseThe principal activity of the company is that of a holding company.00truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05691393 2023-07-01 2024-06-30 05691393 2022-07-01 2023-06-30 05691393 2024-06-30 05691393 2023-06-30 05691393 c:Director1 2023-07-01 2024-06-30 05691393 d:CurrentFinancialInstruments 2024-06-30 05691393 d:CurrentFinancialInstruments 2023-06-30 05691393 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 05691393 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 05691393 d:ShareCapital 2024-06-30 05691393 d:ShareCapital 2023-06-30 05691393 d:SharePremium 2024-06-30 05691393 d:SharePremium 2023-06-30 05691393 d:RetainedEarningsAccumulatedLosses 2024-06-30 05691393 d:RetainedEarningsAccumulatedLosses 2023-06-30 05691393 c:OrdinaryShareClass1 2023-07-01 2024-06-30 05691393 c:OrdinaryShareClass1 2024-06-30 05691393 c:OrdinaryShareClass1 2023-06-30 05691393 c:FRS102 2023-07-01 2024-06-30 05691393 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 05691393 c:FullAccounts 2023-07-01 2024-06-30 05691393 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 05691393 d:Subsidiary1 2023-07-01 2024-06-30 05691393 d:Subsidiary1 1 2023-07-01 2024-06-30 05691393 d:Subsidiary2 2023-07-01 2024-06-30 05691393 d:Subsidiary2 1 2023-07-01 2024-06-30 05691393 6 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 05691393










Energys Group Limited








Unaudited

Financial statements

Information for filing with the registrar

For the year ended 30 June 2024

 
Energys Group Limited
Registered number: 05691393

Balance sheet
As at 30 June 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 3 
200,000
200,000

  
200,000
200,000

Current assets
  

Debtors: amounts falling due within one year
 4 
300
-

Cash at bank and in hand
  
13
7

  
313
7

Creditors: amounts falling due within one year
 5 
(236,020)
(231,250)

Net current liabilities
  
 
 
(235,707)
 
 
(231,243)

Total assets less current liabilities
  
(35,707)
(31,243)

  

Net liabilities
  
(35,707)
(31,243)


Capital and reserves
  

Called up share capital 
 6 
380,790
380,790

Share premium account
  
654,569
654,569

Profit and loss account
  
(1,071,066)
(1,066,602)

  
(35,707)
(31,243)


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




K Cox
Director

Date: 26 March 2025

The notes on pages 3 to 6 form part of these financial statements.
Page 1

 
Energys Group Limited
Registered number: 05691393

Balance sheet (continued)
As at 30 June 2024


Page 2

 
Energys Group Limited
 

 
Notes to the financial statements
For the year ended 30 June 2024

1.


General information

The company is a private company, limited by share capital, and incorporated in England and Wales. The address of the registered office is New Kings Court Tollgate, Chandler's Ford, Eastleigh, Hampshire, SO53 3LG.  The registered number of the company is 05691393.  The principal place of business is Franklyn House, Daux Road, Billingshurst, West Sussex, RH14 9SJ. The principal activity of the company is that of a holding company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The financial statements are presented in Sterling which is the functional currency of the company and are rounded to the nearest whole £.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis as the directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future.

 
2.3

Exemption from preparing consolidated financial statements

The company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

Debtors

Short term debtors are measured at transaction price, less any impairment. 

Page 3

 
Energys Group Limited
 

 
Notes to the financial statements
For the year ended 30 June 2024

2.Accounting policies (continued)

 
2.6

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

 
2.7

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including  loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.


3.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 July 2023
200,000



At 30 June 2024
200,000




Page 4

 
Energys Group Limited
 

 
Notes to the financial statements
For the year ended 30 June 2024

Subsidiary undertakings


The following were subsidiary undertakings of the company:

Name

Registered office

Principal activity

Class of shares

Holding

Energy Conservation Solutions Limited
England and Wales
Supply and installation of energy efficient technologies
Ordinary
100%
Energys Services Limited
England and Wales
Non trading
Ordinary
100%

The aggregate of the share capital and reserves as at 30 June 2024 and the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:

Name
Aggregate of share capital and reserves
Profit/(Loss)
£
£

Energy Conservation Solutions Limited
1,043,062
88,185

Energys Services Limited ^
(4,695)
-

^ Energys Services Limited figures above relate to the year ended 31 March 2024 as this is their financial year end.


4.


Debtors

2024
2023
£
£


Prepayments and accrued income
300
-



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
231,820
227,650

Accruals and deferred income
4,200
3,600

236,020
231,250


Included within Energy Conservation Solutions Limited's creditors is an amount of £666,055 (2023: £621,729) on which security has been given by the company by way of cross guarantee. The amount is secured by fixed and floating charges over the company's assets, as well as similar charges over the assets of other group companies.

Page 5

 
Energys Group Limited
 

 
Notes to the financial statements
For the year ended 30 June 2024

6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



38,078,981 (2023 - 38,078,981) Ordinary shares of £0.01 each
380,790
380,790



7.


Related party transactions

The company has taken advantage of the exemption in Section 33.1A of FRS102 'Related Party Disclosures' from disclosing transactions with other wholly owned members of the group. 


8.


Controlling party

The company's immediate parent company is Energys Group Holding Limited, incorporated in the British Virgin Islands. The company's ultimate parent company is Sky Shadow Limited, incorporated in the British Virgin Islands.
The ultimate controlling party is M Lau, by virtue of his majority shareholding in Sky Shadow Limited.


Page 6