Company Registration No. 14681552 (England and Wales)
The Energy Experts (NE) Ltd
Unaudited accounts
for the year ended 28 February 2025
The Energy Experts (NE) Ltd
Unaudited accounts
Contents
The Energy Experts (NE) Ltd
Company Information
for the year ended 28 February 2025
Directors
David Murray
Martin Williams
Company Number
14681552 (England and Wales)
Registered Office
Houghton House New Road
Team Valley Trading Estate
Gateshead
Ne11 0JU
United Kingdom
Accountants
Abacus Jack Ltd
New Century House
Crowther Road
Washington
Tyne and Wear
NE38 0QA
The Energy Experts (NE) Ltd
Statement of financial position
as at 28 February 2025
Tangible assets
69,578
10,348
Cash at bank and in hand
37,320
12,771
Creditors: amounts falling due within one year
(711,458)
(157,012)
Net current assets/(liabilities)
111,290
(4,203)
Total assets less current liabilities
180,868
6,145
Creditors: amounts falling due after more than one year
(195,922)
-
Net (liabilities)/assets
(15,054)
6,145
Called up share capital
92
100
Capital redemption reserve
(8)
-
Profit and loss account
(15,138)
6,045
Shareholders' funds
(15,054)
6,145
For the year ending 28 February 2025 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 16 June 2025 and were signed on its behalf by
David Murray
Director
Company Registration No. 14681552
The Energy Experts (NE) Ltd
Notes to the Accounts
for the year ended 28 February 2025
The Energy Experts (NE) Ltd is a private company, limited by shares, registered in England and Wales, registration number 14681552. The registered office is Houghton House New Road, Team Valley Trading Estate, Gateshead, Ne11 0JU, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
10% SL
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2024
-
-
2,134
10,500
12,634
Additions
14,145
1,885
41,484
17,296
74,810
At 28 February 2025
14,145
1,885
43,618
27,796
87,444
At 1 March 2024
-
-
194
2,092
2,286
Charge for the year
2,593
263
9,431
3,293
15,580
At 28 February 2025
2,593
263
9,625
5,385
17,866
At 28 February 2025
11,552
1,622
33,993
22,411
69,578
At 29 February 2024
-
-
1,940
8,408
10,348
The Energy Experts (NE) Ltd
Notes to the Accounts
for the year ended 28 February 2025
Amounts falling due within one year
Trade debtors
727,623
89,511
Accrued income and prepayments
-
842
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
186,014
279
Obligations under finance leases and hire purchase contracts
23,765
-
Trade creditors
489,220
144,863
Taxes and social security
791
-
Loans from directors
224
11,870
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
32,905
-
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).