THE ENERGY ELEPHANT LIMITED

Company Registration Number:
13716726 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2024

Period of accounts

Start date: 01 December 2023

End date: 30 November 2024

THE ENERGY ELEPHANT LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2024

Balance sheet
Notes

THE ENERGY ELEPHANT LIMITED

Balance sheet

As at 30 November 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 67,784 0
Total fixed assets: 67,784 0
Current assets
Debtors:   6,960
Cash at bank and in hand: 19,555 21,003
Total current assets: 26,515 21,003
Creditors: amounts falling due within one year:   (17,331) (16,118)
Net current assets (liabilities): 9,184 4,885
Total assets less current liabilities: 76,968 4,885
Total net assets (liabilities): 76,968 4,885
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 76,967 4,884
Shareholders funds: 76,968 4,885

The notes form part of these financial statements

THE ENERGY ELEPHANT LIMITED

Balance sheet statements

For the year ending 30 November 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 01 April 2025
and signed on behalf of the board by:

Name: Iuliia Oryniak
Status: Director

The notes form part of these financial statements

THE ENERGY ELEPHANT LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and the rendering of services. Turnover is reduced for estimated customer returns, rebates, and other similar allowances.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Plant & Machinery – straight-line basis at 10% per annum.

Other accounting policies

Foreign Currency Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to the profit and loss account. Taxation The tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years, and items that are never taxable or deductible. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. Deferred tax is measured at the average tax rates that are expected to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

THE ENERGY ELEPHANT LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

2. Employees

2024 2023
Average number of employees during the period 0 1

THE ENERGY ELEPHANT LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible Assets

Total
Cost £
At 01 December 2023 0
Additions 75,316
At 30 November 2024 75,316
Depreciation
At 01 December 2023 0
Charge for year 7,532
At 30 November 2024 7,532
Net book value
At 30 November 2024 67,784
At 30 November 2023 0