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Company Registration No. 11062644 (England and Wales)
FUEL BETTER LIMITED Annual report and unaudited accounts for the year ended 31 December 2024
FUEL BETTER LIMITED Annual report and unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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FUEL BETTER LIMITED Company Information for the year ended 31 December 2024
Director
Douglas McCabe
Company Number
11062644 (England and Wales)
Registered Office
128 City Road London EC1V 2NX England
Accountants
Sleek Accounting Ltd 4th Floor 205 Regent Street London W1B 4HB
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FUEL BETTER LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
487,771 
857,896 
Tangible assets
5
2,974 
- 
490,745 
857,896 
Current assets
Debtors
6
1,335 
- 
Cash at bank and in hand
3,392 
- 
4,727 
- 
Creditors: amounts falling due within one year
7
(172,756)
(82,656)
Net current liabilities
(168,029)
(82,656)
Total assets less current liabilities
322,716 
775,240 
Creditors: amounts falling due after more than one year
8
(1,056,633)
(1,051,619)
Net liabilities
(733,917)
(276,379)
Capital and reserves
Called up share capital
9
100 
100 
Profit and loss account
(734,017)
(276,479)
Shareholders' funds
(733,917)
(276,379)
For the year ending 31 December 2024 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 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 and authorised for issue on 25 September 2025 and were signed on its behalf by
Douglas McCabe Director Company Registration No. 11062644
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FUEL BETTER LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
FUEL BETTER LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11062644. The registered office is 128 City Road, London, EC1V 2NX, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation is charged over 3 years on commencement of commercial activity.
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
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:
Plant & machinery
Straight line method -33.33%
Computer equipment
Straight line method -33.33%
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2024
857,896 
Revaluations
(370,125)
At 31 December 2024
487,771 
Amortisation
At 1 January 2024
- 
At 31 December 2024
- 
Net book value
At 31 December 2024
487,771 
At 31 December 2023
857,896 
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FUEL BETTER LIMITED Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
- 
- 
- 
Additions
2,097 
1,263 
3,360 
At 31 December 2024
2,097 
1,263 
3,360 
Depreciation
Charge for the year
175 
211 
386 
At 31 December 2024
175 
211 
386 
Net book value
At 31 December 2024
1,922 
1,052 
2,974 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,335 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
24,692 
24,692 
Taxes and social security
16,470 
22,184 
Other creditors
41,532 
3,585 
Loans from directors
89,522 
32,195 
Accruals
540 
- 
172,756 
82,656 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
1,008,093 
1,001,999 
Accruals
48,540 
49,620 
1,056,633 
1,051,619 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Loans to directors
As at year-end, the company owes the director, Douglas McCabe, £89,522.
11
Average number of employees
During the year the average number of employees was 0 (2023: 1).
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