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REGISTERED NUMBER: 06521787 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

ASSURED ENERGY SOLUTIONS LIMITED

ASSURED ENERGY SOLUTIONS LIMITED (REGISTERED NUMBER: 06521787)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


ASSURED ENERGY SOLUTIONS LIMITED (REGISTERED NUMBER: 06521787)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 4,105 3,230
4,105 3,230

CURRENT ASSETS
Stocks 30,000 35,000
Debtors 6 230,038 238,163
Cash at bank 67,678 80,677
327,716 353,840
CREDITORS
Amounts falling due within one year 7 (245,786 ) (218,094 )
NET CURRENT ASSETS 81,930 135,746
TOTAL ASSETS LESS CURRENT
LIABILITIES

86,035

138,976

PROVISIONS FOR LIABILITIES (780 ) (683 )
NET ASSETS 85,255 138,293

CAPITAL AND RESERVES
Called up share capital 125 125
Retained earnings 85,130 138,168
SHAREHOLDERS' FUNDS 85,255 138,293

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ASSURED ENERGY SOLUTIONS LIMITED (REGISTERED NUMBER: 06521787)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 May 2025 and were signed on its behalf by:





J T Shannon - Director


ASSURED ENERGY SOLUTIONS LIMITED (REGISTERED NUMBER: 06521787)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Assured Energy Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 06521787

Registered office: Parkway House
Palatine Road
Manchester
M22 4DB

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable on supply of energy saving components, excluding discounts, rebates, value added tax and other sales taxes.Turnover is recognised when the components are delivered.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences, purchased in 2009, have been amortised evenly over their useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Other loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit and loss.


ASSURED ENERGY SOLUTIONS LIMITED (REGISTERED NUMBER: 06521787)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The director has reviewed the twelve months ahead and has considered the company's financial position and notes no material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 October 2023
and 30 September 2024 22,821
AMORTISATION
At 1 October 2023
and 30 September 2024 22,821
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

ASSURED ENERGY SOLUTIONS LIMITED (REGISTERED NUMBER: 06521787)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2023 1,723 13,112 14,835
Additions - 2,857 2,857
Disposals (638 ) (2,005 ) (2,643 )
At 30 September 2024 1,085 13,964 15,049
DEPRECIATION
At 1 October 2023 1,405 10,200 11,605
Charge for year 113 1,869 1,982
Eliminated on disposal (638 ) (2,005 ) (2,643 )
At 30 September 2024 880 10,064 10,944
NET BOOK VALUE
At 30 September 2024 205 3,900 4,105
At 30 September 2023 318 2,912 3,230

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 209,714 235,377
Other debtors 20,324 2,786
230,038 238,163

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 47,833 74,897
Taxation and social security 36,557 32,925
Other creditors 161,396 110,272
245,786 218,094

ASSURED ENERGY SOLUTIONS LIMITED (REGISTERED NUMBER: 06521787)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 12,959 -
Between one and five years 7,780 30,286
20,739 30,286

9. SECURED DEBTS

Included in other creditors is £135,650 which is secured by a registered charge against the trade debtors held in the company.