Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 11857221 Mr Simon Scott I-Connect Energy Ltd CMI House, 5 Rise Road, Sunningdale, Ascot, Berkshire, SL5 0BH true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11857221 2024-03-31 11857221 2025-03-31 11857221 2024-04-01 2025-03-31 11857221 frs-core:CurrentFinancialInstruments 2025-03-31 11857221 frs-core:ShareCapital 2025-03-31 11857221 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11857221 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11857221 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11857221 frs-bus:SmallEntities 2024-04-01 2025-03-31 11857221 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11857221 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11857221 1 2024-04-01 2025-03-31 11857221 frs-bus:Director1 2024-04-01 2025-03-31 11857221 frs-bus:Director1 2024-03-31 11857221 frs-bus:Director1 2025-03-31 11857221 frs-countries:EnglandWales 2024-04-01 2025-03-31 11857221 2023-03-31 11857221 2024-03-31 11857221 2023-04-01 2024-03-31 11857221 frs-core:CurrentFinancialInstruments 2024-03-31 11857221 frs-core:ShareCapital 2024-03-31 11857221 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 11857221
Connect 6 Continents Ltd
Financial Statements
For The Year Ended 31 March 2025
TaxAssist Accountants
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 11857221
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 15,864 16,299
Cash at bank and in hand 177,805 119,634
193,669 135,933
Creditors: Amounts Falling Due Within One Year 5 (39,292 ) (44,598 )
NET CURRENT ASSETS (LIABILITIES) 154,377 91,335
TOTAL ASSETS LESS CURRENT LIABILITIES 154,377 91,335
NET ASSETS 154,377 91,335
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 154,376 91,334
SHAREHOLDERS' FUNDS 154,377 91,335
For the year ending 31 March 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 director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Simon Scott
Director
07/07/2025
The notes on pages 2 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Connect 6 Continents Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11857221 . The registered office is 5 Rise Road, Sunningdale, Ascot, Berkshire, SL5 0BH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Foreign Currencies
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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
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4. Debtors
2025 2024
£ £
Due within one year
Trade debtors 15,464 15,810
Prepayments and accrued income 400 489
15,864 16,299
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 22,118 28,041
Other creditors - 40
Accruals and deferred income 450 71
Director's loan account 1,725 1,447
Amounts owed to parent undertaking 14,999 14,999
39,292 44,598
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Connect 6 Continents Ltd is owned 100% by i-Oil Solutions Ltd.
7. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans from the directors to the company:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Simon Scott 1,447 278 - - 1,725
The above loan is unsecured, interest free and repayable on demand.
8. Dividends
2025 2024
£ £
On equity shares:
Interim dividend paid 90,000 80,000
9. Related Party Transactions
I-Connect Energy LtdI-Connect Energy Ltd owns 100% of share in Connect 6 Continents Ltd.

I-Connect Energy Ltd

I-Connect Energy Ltd owns 100% of share in Connect 6 Continents Ltd.

Simon Scott, director of I-Connect Energy Ltd is the sole director of Connect 6 Continents Ltd.
Connect 6 Continents Ltd owes I-Conect Energy Ltd the amount of £14,999 (2024 £14,999).
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10. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is I-Connect Energy Ltd . I-Connect Energy Ltd was incorporated in England. Copies of the group accounts may be obtained from the secretary, CMI House, 5 Rise Road, Sunningdale, Ascot, Berkshire, SL5 0BH . The ultimate controlling party is I-Connect Energy Ltd who controls 100% of the shares of Connect 6 Continents Ltd .
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