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Company Registration No. 11681212 (England and Wales)
Applied Energistics Ltd Unaudited accounts for the year ended 30 November 2024
Applied Energistics Ltd Unaudited accounts Contents
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Applied Energistics Ltd Company Information for the year ended 30 November 2024
Directors
Mr Jonathan Alderson Mrs Samantha Alderson
Company Number
11681212 (England and Wales)
Registered Office
38 Jute Road York North Yorkshire YO26 5EN England
Accountants
LeeP Accountants Unit 3F Forward Hs, Aston Business Park Shrewsbury Avenue, Woodston Peterborough Cambridgeshire PE2 7EY
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Applied Energistics Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,814 
2,510 
Current assets
Debtors
101,918 
8,221 
Cash at bank and in hand
50,577 
106,689 
152,495 
114,910 
Creditors: amounts falling due within one year
(45,269)
(24,483)
Net current assets
107,226 
90,427 
Net assets
113,040 
92,937 
Capital and reserves
Called up share capital
150 
150 
Profit and loss account
112,890 
92,787 
Shareholders' funds
113,040 
92,937 
For the year ending 30 November 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 May 2025 and were signed on its behalf by
Mr Jonathan Alderson Director Company Registration No. 11681212
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Applied Energistics Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Applied Energistics Ltd is a private company, limited by shares, registered in England and Wales, registration number 11681212. The registered office is 38 Jute Road, York, North Yorkshire, YO26 5EN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% Straight Line
Computer equipment
33% Straight Line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Applied Energistics Ltd Notes to the Accounts for the year ended 30 November 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2023
468 
8,555 
9,023 
Additions
392 
5,682 
6,074 
At 30 November 2024
860 
14,237 
15,097 
Depreciation
At 1 December 2023
210 
6,303 
6,513 
Charge for the year
101 
2,669 
2,770 
At 30 November 2024
311 
8,972 
9,283 
Net book value
At 30 November 2024
549 
5,265 
5,814 
At 30 November 2023
258 
2,252 
2,510 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
101,918 
8,221 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
4,327 
1,146 
Trade creditors
29 
112 
Taxes and social security
34,629 
23,064 
Loans from directors
5,161 
161 
Accruals
1,123 
- 
45,269 
24,483 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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