Energize (UK) Limited - Filleted accounts

Registered number

08256452

Energize (UK) Limited

Filleted Accounts

31 December 2024

Energize (UK) Limited
Registered number:		08256452
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		268,470			23,256

Current assets
Stock and work in progress		52,000			-
Debtors	4	95,344			103,693
Cash at bank and in hand		173,059			490,696
		320,403			594,389

Creditors: amounts falling due within one year	5	(115,265)			(152,297)

Net current assets			205,138			442,092

Net assets			473,608			465,348

Capital and reserves
Called up share capital			2			2
Profit and loss account			473,606			465,346

Shareholders' funds			473,608			465,348

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr J Burtenshaw
Director
Approved by the board on 30 September 2025

Energize (UK) Limited
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Office equipment			25% reducing balance
	Motor vehicles			25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2024		2023
Number							Number

	Average number of persons employed by the company					2		2


3	Tangible fixed assets
		Land and buildings		Office equipment		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2024	-		11,967		25,995		37,962
	Additions	250,373		873		-		251,246
	At 31 December 2024	250,373		12,840		25,995		289,208

	Depreciation
	At 1 January 2024	-		8,207		6,499		14,706
	Charge for the year	-		1,158		4,874		6,032
	At 31 December 2024	-		9,365		11,373		20,738

	Net book value
	At 31 December 2024	250,373		3,475		14,622		268,470
	At 31 December 2023	-		3,760		19,496		23,256
	Land and buildings initially recognised at a cost at the time of purchase with no impairment losses
	to the end of the year and subsequently will be measured at fair value through profit or loss


4	Debtors					2024		2023
£							£

	Trade debtors					65,745		87,115
	Other debtors					29,599		16,578
						95,344		103,693

5	Creditors: amounts falling due within one year					2024		2023
£							£

	Trade creditors					36,026		28,130
	Corporation tax					54,324		108,925
	Other taxes and social security costs					5,071		12,423
	Other creditors					19,844		2,819
						115,265		152,297


6	Other financial commitments					2024		2023
£							£

	Total future minimum payments under non-cancellable operating leases					25,738		28,819


7	Other information

	Energize (UK) Limited is a private company limited by shares and incorporated in England. Its registered office is:
	98 London Road
	Bognor Regis
	West Sussex
	PO21 1DD