LOW PRICE ENERGY LTD

Company Registration Number:
12262970 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

LOW PRICE ENERGY LTD

Contents of the Financial Statements

for the Period Ended 31 October 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

LOW PRICE ENERGY LTD

Company Information

for the Period Ended 31 October 2024




Director: Md Wahidur Rahman
Registered office: 107
Burdett Road
London
England
E3 4JN
Company Registration Number: 12262970 (England and Wales)

LOW PRICE ENERGY LTD

Directors' Report Period Ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Directors

The directors shown below have held office during the whole of the period from 01 November 2023 to 31 October 2024
Md Wahidur Rahman

This report was approved by the board of directors on 25 July 2025
And Signed On Behalf Of The Board By:

Name: Md Wahidur Rahman
Status: Director

LOW PRICE ENERGY LTD

Profit and Loss Account

for the Period Ended 31 October 2024


Notes

2024
£

2023
£
Turnover 38,817 24,109
Cost of sales ( 1,690 ) -
Gross Profit or (Loss) 37,127 24,109
Administrative Expenses ( 22,787 ) ( 20,490 )
Operating Profit or (Loss) 14,340 3,619
Interest Payable and Similar Charges ( 1,037 ) ( 764 )
Profit or (Loss) Before Tax 13,303 2,855
Tax on Profit ( 2,528 ) ( 542 )
Profit or (Loss) for Period 10,775 2,313

The notes form part of these financial statements

LOW PRICE ENERGY LTD

Balance sheet

As at 31 October 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 4 5,600 5,600
Cash at bank and in hand: 22,789 15,122
Total current assets: 28,389 20,722
Creditors: amounts falling due within one year: 5 ( 28,342 ) ( 29,950 )
Net current assets (liabilities): 47 ( 9,228 )
Total assets less current liabilities: 47 ( 9,228 )
Total net assets (liabilities): 47 ( 9,228 )

The notes form part of these financial statements

LOW PRICE ENERGY LTD

Balance sheet continued

As at 31 October 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 53 ) ( 9,328 )
Shareholders funds: 47 ( 9,228 )

For the year ending 31 October 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 25 July 2025
And Signed On Behalf Of The Board By:

Name: Md Wahidur Rahman
Status: Director

The notes form part of these financial statements

LOW PRICE ENERGY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LOW PRICE ENERGY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

LOW PRICE ENERGY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 3. Off balance sheet disclosure

    No

LOW PRICE ENERGY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Debtors


2024
£

2023
£
Other debtors 5,600 5,600
Total 5,600 5,600

LOW PRICE ENERGY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 25,449 29,349
Taxation and social security 2,528 543
Other creditors 365 58
Total 28,342 29,950