Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-30false2023-12-011No description of principal activity1truefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10483676 2023-12-01 2024-11-30 10483676 2022-12-01 2023-11-30 10483676 2024-11-30 10483676 2023-11-30 10483676 c:Director1 2023-12-01 2024-11-30 10483676 d:CurrentFinancialInstruments 2024-11-30 10483676 d:CurrentFinancialInstruments 2023-11-30 10483676 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 10483676 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 10483676 d:ShareCapital 2024-11-30 10483676 d:ShareCapital 2023-11-30 10483676 d:RetainedEarningsAccumulatedLosses 2024-11-30 10483676 d:RetainedEarningsAccumulatedLosses 2023-11-30 10483676 c:FRS102 2023-12-01 2024-11-30 10483676 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 10483676 c:FullAccounts 2023-12-01 2024-11-30 10483676 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 10483676 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-12-01 2024-11-30 10483676 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-11-30 10483676 2 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure

Registered number: 10483676









ALLIED ENERGY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

 
ALLIED ENERGY LIMITED
 

CONTENTS



Page
Balance sheet
 
 
1 - 2
Notes to the financial statements
 
 
3 - 6


 
ALLIED ENERGY LIMITED
REGISTERED NUMBER: 10483676

BALANCE SHEET
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Work in progress
  
100
2,000

Debtors: amounts falling due within one year
 4 
18,843
21,895

Cash at bank and in hand
  
2,990
6,043

  
21,933
29,938

Creditors: amounts falling due within one year
  
(14,161)
(9,522)

Net current assets
  
 
 
7,772
 
 
20,416

Total assets less current liabilities
  
7,772
20,416

  

Net assets
  
7,772
20,416


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
7,672
20,316

  
7,772
20,416


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

Page 1

 
ALLIED ENERGY LIMITED
REGISTERED NUMBER: 10483676
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2024

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

financial statements were approved and authorised for issue by the board and were signed on its behalf on 11 August 2025.




J M Buxton
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ALLIED ENERGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

The company is a private company limited by shares. It is both incorporated and domiciled in England and Wales. The registered office address of the company is 7 The Close, Norwich, Norfolk, NR1 4DJ.
The principal activity of the company is the provision of consultancy and project management services to the construction industry. The principal place of business is Norwich, Norfolk.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
ALLIED ENERGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
ALLIED ENERGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.11

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Debtors

2024
2023
£
£


Trade debtors
297
297

Other debtors
18,546
21,598

18,843
21,895



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
2,194
4,765

Other taxation and social security
2,077
982

Other creditors
5,765
500

Accruals and deferred income
4,125
3,275

14,161
9,522


Page 5

 
ALLIED ENERGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

6.


Transactions with directors

As at 1 December 2023 the company was owed £21,598 by the director.
During the £2,850 was introduced and company expenses of £593 met personally by the director. Interest of £391 was charged.
As a result, at 30 November 2024 the company was owed 
 18,546 by the director.

 
Page 6