Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-052024-04-05false2023-04-06No description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10409686 2023-04-06 2024-04-05 10409686 2022-04-06 2023-04-05 10409686 2024-04-05 10409686 2023-04-05 10409686 c:Director1 2023-04-06 2024-04-05 10409686 d:OfficeEquipment 2023-04-06 2024-04-05 10409686 d:OfficeEquipment 2024-04-05 10409686 d:OfficeEquipment 2023-04-05 10409686 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-06 2024-04-05 10409686 d:CurrentFinancialInstruments 2024-04-05 10409686 d:CurrentFinancialInstruments 2023-04-05 10409686 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-05 10409686 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-05 10409686 d:ShareCapital 2024-04-05 10409686 d:ShareCapital 2023-04-05 10409686 d:RetainedEarningsAccumulatedLosses 2024-04-05 10409686 d:RetainedEarningsAccumulatedLosses 2023-04-05 10409686 c:FRS102 2023-04-06 2024-04-05 10409686 c:AuditExempt-NoAccountantsReport 2023-04-06 2024-04-05 10409686 c:FullAccounts 2023-04-06 2024-04-05 10409686 c:PrivateLimitedCompanyLtd 2023-04-06 2024-04-05 10409686 2 2023-04-06 2024-04-05 10409686 e:PoundSterling 2023-04-06 2024-04-05 iso4217:GBP xbrli:pure

Registered number: 10409686









ENERGY 2.0 CAPITAL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 5 APRIL 2024

 
ENERGY 2.0 CAPITAL LIMITED
REGISTERED NUMBER: 10409686

BALANCE SHEET
AS AT 5 APRIL 2024

2024
2024
2023
2023
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
4,747
953

  
4,747
953

Current assets
  

Debtors: amounts falling due within one year
 5 
353,909
180,405

Cash at bank and in hand
 6 
49,667
97,469

  
403,576
277,874

Creditors: amounts falling due within one year
 7 
(72,424)
(73,344)

Net current assets
  
 
 
331,152
 
 
204,530

Total assets less current liabilities
  
335,899
205,483

  

Net assets
  
335,899
205,483


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
335,799
205,383

  
335,899
205,483


Page 1

 
ENERGY 2.0 CAPITAL LIMITED
REGISTERED NUMBER: 10409686
    
BALANCE SHEET (CONTINUED)
AS AT 5 APRIL 2024

The director considers 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 director acknowledges his 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: 




................................................
A Maniar
Director

Date: 4 April 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
ENERGY 2.0 CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

1.


General information

Energy 2.0 Capital Limited is a private company limited by shares, incorporated in England and Wales and its registered office is Aston House, Cornwall Avenue, London, N3 1LF.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
ENERGY 2.0 CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

2.Accounting policies (continued)

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

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.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
ENERGY 2.0 CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

2.Accounting policies (continued)

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

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

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 5

 
ENERGY 2.0 CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 6 April 2023
5,524


Additions
4,808



At 5 April 2024

10,332



Depreciation


At 6 April 2023
4,571


Charge for the year on owned assets
1,014



At 5 April 2024

5,585



Net book value



At 5 April 2024
4,747



At 5 April 2023
953


5.


Debtors

2024
2023
£
£


Trade debtors
184,006
-

Other debtors
169,903
180,405

353,909
180,405



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
49,667
97,469


Page 6

 
ENERGY 2.0 CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
68,036
65,606

Other creditors
1,040
2,266

Accruals
3,348
5,472

72,424
73,344



8.


Transactions with directors

Included in other debtors is £56,867 (2023: £46,455) due from the director. The loan is unsecured, liable to interest at 2.25% and is repayable on demand.

Page 7