1 1 Ark Energy Limited 04466877 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is the provision of independent renewable energy consultancy services Digita Accounts Production Advanced 6.30.9574.0 true 04466877 2023-07-01 2024-06-30 04466877 2024-06-30 04466877 bus:OrdinaryShareClass1 2024-06-30 04466877 core:FurnitureFittingsToolsEquipment 2024-06-30 04466877 bus:SmallEntities 2023-07-01 2024-06-30 04466877 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 04466877 bus:FilletedAccounts 2023-07-01 2024-06-30 04466877 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 04466877 bus:RegisteredOffice 2023-07-01 2024-06-30 04466877 bus:Director1 2023-07-01 2024-06-30 04466877 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 04466877 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 04466877 bus:Agent1 2023-07-01 2024-06-30 04466877 core:FurnitureFittingsToolsEquipment 2023-07-01 2024-06-30 04466877 core:OfficeEquipment 2023-07-01 2024-06-30 04466877 countries:EnglandWales 2023-07-01 2024-06-30 04466877 core:FurnitureFittingsToolsEquipment 2023-06-30 04466877 2022-07-01 2023-06-30 04466877 bus:OrdinaryShareClass1 2023-06-30 04466877 core:FurnitureFittingsToolsEquipment 2023-06-30 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 04466877

Ark Energy Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 June 2024

Pages for filing with Registrar

 

Ark Energy Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

Ark Energy Limited

Company Information

Director

G J Swarbrick

Registered office

4 More
London Riverside
London
SE1 2AU

Registered number

04466877

Accountants

Corrigan Accountants Limited 1st Floor
25 King Street
Bristol
BS1 4PB

 

Ark Energy Limited

(Registration number: 04466877)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

361

756

Current assets

 

Debtors

5

1,101

2,005

Cash at bank and in hand

 

698

1,816

 

1,799

3,821

Creditors: Amounts falling due within one year

6

(8,688)

(8,930)

Net current liabilities

 

(6,889)

(5,109)

Net liabilities

 

(6,528)

(4,353)

Capital and reserves

 

Called up share capital

2

2

Profit and loss account

(6,530)

(4,355)

Total equity

 

(6,528)

(4,353)

 

Ark Energy Limited

(Registration number: 04466877)
Balance Sheet as at 30 June 2024 (continued)

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised for issue by the director on 19 March 2025
 

.........................................

G J Swarbrick
Director

 

Ark Energy Limited

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

1

Statutory information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
4 More
London Riverside
London
SE1 2AU

2

Accounting policies

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are prepared in pounds sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period represents the sum of the current tax expense and the deferred tax expense. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Ark Energy Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024 (continued)

2

Accounting policies (continued)

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


Deferred tax
Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible fixed assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Office equipment

17% - 33% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Ark Energy Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024 (continued)

4

Tangible fixed assets

Office equipment
£

Cost

At 1 July 2023

6,623

At 30 June 2024

6,623

Depreciation

At 1 July 2023

5,867

Charge for the year

395

At 30 June 2024

6,262

Carrying amount

At 30 June 2024

361

At 30 June 2023

756

5

Debtors: amounts falling due within one year

2024
£

2023
£

Prepayments and accrued income

1,101

1,310

Directors' loan accounts

-

695

1,101

2,005

6

Creditors

2024
£

2023
£

Corporation tax

-

1,189

Taxation and social security

5,776

6,141

Accruals

1,600

1,600

Director's current account

1,312

-

8,688

8,930

 

Ark Energy Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024 (continued)

7

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary shares of £1 each

2

2

2

2