Company Registration No. 12101049 (England and Wales)
ENERGYTECH ELECTRICAL SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
St Matthews House
Haugh Lane
Hexham
Northumberland
NE46 3PU
ENERGYTECH ELECTRICAL SERVICES LIMITED
CONTENTS
Page
Company information
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
ENERGYTECH ELECTRICAL SERVICES LIMITED
BALANCE SHEET
AS AT 31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
4
20,936
25,418
Current assets
Work in progress
55,216
85,398
Debtors
5
487,223
172,819
Cash at bank and in hand
113,770
29,565
656,209
287,782
Creditors: amounts falling due within one year
6
(514,539)
(179,045)
Net current assets
141,670
108,737
Total assets less current liabilities
162,606
134,155
Creditors: amounts falling due after more than one year
7
(1,667)
(5,667)
Provisions for liabilities
(3,158)
(3,385)
Net assets
157,781
125,103
Capital and reserves
Called up share capital
200
200
Profit and loss reserves
157,581
124,903
Total equity
157,781
125,103
ENERGYTECH ELECTRICAL SERVICES LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024
31 December 2024
- 2 -

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 7 May 2025 and are signed on its behalf by:
Mr C A Firth
Director
Company registration number 12101049 (England and Wales)
ENERGYTECH ELECTRICAL SERVICES LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024
31 December 2024
- 3 -
1
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

2
Accounting policies
Company information

Energytech Electrical Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is 9 Hedley Court, Orion Business Park, North Shields, Tyne & Wear, NE29 7ST.

2.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

2.2
Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

2.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
4 years straight line
Fixtures and fittings
No depreciation in the year
Computers
3 years straight line
Motor vehicles
25% net book value
ENERGYTECH ELECTRICAL SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2
Accounting policies
(Continued)
- 4 -

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

2.5
Stocks

Stock and work in progress are valued at the lower of cost and net realisable value.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

2.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

2.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

2.8
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2.9
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

ENERGYTECH ELECTRICAL SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 5 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
23
17
4
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 January 2024
916
-
0
9,684
38,442
49,042
Additions
-
0
624
5,121
-
0
5,745
Disposals
-
0
-
0
-
0
(10,829)
(10,829)
At 31 December 2024
916
624
14,805
27,613
43,958
Depreciation and impairment
At 1 January 2024
425
-
0
5,612
17,587
23,624
Depreciation charged in the year
229
-
0
2,628
4,180
7,037
Eliminated in respect of disposals
-
0
-
0
-
0
(7,639)
(7,639)
At 31 December 2024
654
-
0
8,240
14,128
23,022
Carrying amount
At 31 December 2024
262
624
6,565
13,485
20,936
At 31 December 2023
491
-
0
4,072
20,855
25,418
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
442,409
153,074
Other debtors
44,814
19,745
487,223
172,819
ENERGYTECH ELECTRICAL SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 6 -
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
41,406
10,196
Trade creditors
356,294
110,371
Corporation tax
49,198
18,247
Other taxation and social security
39,728
16,715
Other creditors
27,913
23,516
514,539
179,045
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
1,667
5,667
8
Operating lease commitments
Lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2024
2023
£
£
64,688
58,138
9
Related party transactions
Transactions with related parties

During the year the company entered into the following transactions with related parties:

At the balance sheet date the company owed £21,725 (2023 - £21,281) to Quora Group Limited and was owed £1,747 (2023 - £1,747) from Quora Group Service Limited, companies which are under joint control of the director Mr C A Firth and his wife Mrs N Firth.

2024-12-312024-01-01falsefalsefalse07 May 2025CCH SoftwareCCH Accounts Production 2025.100No description of principal activityMr Craig A FirthMr J Kain121010492024-01-012024-12-31121010492024-12-31121010492023-12-3112101049core:PlantMachinery2024-12-3112101049core:FurnitureFittings2024-12-3112101049core:ComputerEquipment2024-12-3112101049core:MotorVehicles2024-12-3112101049core:PlantMachinery2023-12-3112101049core:FurnitureFittings2023-12-3112101049core:ComputerEquipment2023-12-3112101049core:MotorVehicles2023-12-3112101049core:CurrentFinancialInstrumentscore:WithinOneYear2024-12-3112101049core:CurrentFinancialInstrumentscore:WithinOneYear2023-12-3112101049core:Non-currentFinancialInstrumentscore:AfterOneYear2024-12-3112101049core:Non-currentFinancialInstrumentscore:AfterOneYear2023-12-3112101049core:CurrentFinancialInstruments2024-12-3112101049core:CurrentFinancialInstruments2023-12-3112101049core:ShareCapital2024-12-3112101049core:ShareCapital2023-12-3112101049core:RetainedEarningsAccumulatedLosses2024-12-3112101049core:RetainedEarningsAccumulatedLosses2023-12-3112101049bus:Director12024-01-012024-12-3112101049core:PlantMachinery2024-01-012024-12-3112101049core:FurnitureFittings2024-01-012024-12-3112101049core:ComputerEquipment2024-01-012024-12-3112101049core:MotorVehicles2024-01-012024-12-31121010492023-01-012023-12-3112101049core:PlantMachinery2023-12-3112101049core:FurnitureFittings2023-12-3112101049core:ComputerEquipment2023-12-3112101049core:MotorVehicles2023-12-31121010492023-12-3112101049core:WithinOneYear2024-12-3112101049core:WithinOneYear2023-12-3112101049core:Non-currentFinancialInstruments2024-12-3112101049core:Non-currentFinancialInstruments2023-12-3112101049bus:PrivateLimitedCompanyLtd2024-01-012024-12-3112101049bus:SmallCompaniesRegimeForAccounts2024-01-012024-12-3112101049bus:FRS1022024-01-012024-12-3112101049bus:AuditExemptWithAccountantsReport2024-01-012024-12-3112101049bus:Director22024-01-012024-12-3112101049bus:FullAccounts2024-01-012024-12-31xbrli:purexbrli:sharesiso4217:GBP