MS2 Energy Limited 07325747 false 2023-08-01 2024-07-31 2024-07-31 The principal activity of the company is that of environmental management consultants. Digita Accounts Production Advanced 6.30.9574.0 true true 07325747 2023-08-01 2024-07-31 07325747 2024-07-31 07325747 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 07325747 bus:SmallEntities 2023-08-01 2024-07-31 07325747 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 07325747 bus:FilletedAccounts 2023-08-01 2024-07-31 07325747 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 07325747 bus:RegisteredOffice 2023-08-01 2024-07-31 07325747 bus:Director1 2023-08-01 2024-07-31 07325747 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 07325747 countries:England 2023-08-01 2024-07-31 07325747 2022-08-01 2023-07-31 07325747 2023-07-31 07325747 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 iso4217:GBP xbrli:pure

Registration number: 07325747

MS2 Energy Limited
Annual Report and
Unaudited Financial Statements

31 July 2024

 

MS2 Energy Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

MS2 Energy Limited

Balance Sheet
31 July 2024

Note

2024
£

2023
£

Current assets

 

Cash at bank and in hand

 

4,819

4,819

Creditors: Amounts falling due within one year

4

(3,612)

(2,892)

Net assets

 

1,207

1,927

Capital and reserves

 

Called up share capital

2

2

Retained earnings

1,205

1,925

Shareholders' funds

 

1,207

1,927

For the financial year ending 31 July 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 29 April 2025
 

.........................................
Mr V Baichoo
Director

   
     

Company Registration Number: 07325747

 

MS2 Energy Limited

Notes to the Unaudited Financial Statements
Year Ended 31 July 2024

1

General information

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

The address of its registered office is:
19 124
The Rock
Bury
BL9 0QU
United Kingdom

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

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, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Government grants

Government grants in respect of capital expenditure are credited to a deferred income account and are released to profit over the expected useful lives of the relevant assets by equal annual instalments. Grants of a revenue nature are credited to income so as to match them with the expenditure to which they relate.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

MS2 Energy Limited

Notes to the Unaudited Financial Statements
Year Ended 31 July 2024

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. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

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

4

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

660

660

Other creditors

2,952

2,232

3,612

2,892