Registration number: 06496664

Business Energy Direct (Uk) Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

Business Energy Direct (Uk) Limited

Company Information

Directors

Mrs Shelley Jane Askew Mr Paul Anthony Askew Mr Simon John Askew

Company secretary

Mrs Shelley Jane Askew

Registered office

Unit 6 Enterprise Court Farfield Park Manvers Rotherham South Yorkshire S63 5DB

Accountants

Upton & Co Accountants Limited Chartered Certified Accountants 182 Pontefract Road Cudworth Barnsley South Yorkshire S72 8BE

Business Energy Direct (Uk) Limited

(Registration number: 06496664)
Balance Sheet as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	6,044	5,628
Current assets
Debtors	5	59,835	33,762
Cash at bank and in hand		1,057,711	630,799
		1,117,546	664,561
Creditors: Amounts falling due within one year	6	(235,305)	(134,233)
Net current assets		882,241	530,328
Net assets		888,285	535,956
Capital and reserves
Called up share capital	7	4	4
Retained earnings		888,281	535,952
Shareholders' funds		888,285	535,956

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 5 September 2025 and signed on its behalf by:
 

......................................... Mr Simon John Askew Director

Business Energy Direct (Uk) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Unit 6
Enterprise Court Farfield Park
Manvers
Rotherham
South Yorkshire
S63 5DB

These financial statements were authorised for issue by the Board on 5 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Business Energy Direct (Uk) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

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

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Business Energy Direct (Uk) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 11 (2024 - 11).

Business Energy Direct (Uk) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

4	Tangible assets

	Fixtures and fittings £	Total £
Cost or valuation
At 1 February 2024	16,006	16,006
Additions	1,871	1,871
At 31 January 2025	17,877	17,877
Depreciation
At 1 February 2024	10,378	10,378
Charge for the year	1,455	1,455
At 31 January 2025	11,833	11,833
Carrying amount
At 31 January 2025	6,044	6,044
At 31 January 2024	5,628	5,628

5

Debtors

	2025 £	2024 £
Trade debtors	53,773	33,278
Other debtors	5,000	-
Prepayments	1,062	484
	59,835	33,762

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	100,266	86,033
Accruals and deferred income	31,320	31,300
Other creditors	103,719	16,900
	235,305	134,233

Business Energy Direct (Uk) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	3	3	3	3
Ordinary A of £1 each	1	1	1	1
	4	4	4	4

8

Dividends

Interim dividends paid

		2025 £		2024 £
Interim dividend of £39,500.00 (2024 - £35,500.00) per each Ordinary		118,500		106,500
Interim dividend of £39,500.00 (2024 - £35,500.00) per each Ordinary A		39,500		35,500
		158,000		142,000

9	Related party transactions

Directors' remuneration

The directors' remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	112,055	59,611
Contributions paid to money purchase schemes	2,061	1,200
	114,116	60,811