REGISTERED NUMBER: 09888515 (England and Wales)

GETENERGY FIELD READY LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mr P J Andrews

Mrs K M Shaw

REGISTERED OFFICE:

Landgate Chambers

Rye

East Sussex

TN31 7LJ

REGISTERED NUMBER:

09888515 (England and Wales)

ACCOUNTANTS:

Gibbons Mannington & Phipps LLP

Chartered Accountants

Landgate Chambers

24 Landgate

Rye

East Sussex

TN31 7LJ

FIXED ASSETS

Intangible assets

4

33,126

20,025

Tangible assets

5

186

475

33,312

20,500

CURRENT ASSETS

Debtors

6

80,994

119,917

Cash at bank and in hand

68,245

192,036

149,239

311,953

CREDITORS

Amounts falling due within one year

7

392,617

419,197

NET CURRENT LIABILITIES

(243,378

)

(107,244

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(210,066

)

(86,744

)

CREDITORS

Amounts falling due after more than one year

8

588,016

571,366

NET LIABILITIES

(798,082

)

(658,110

)

CAPITAL AND RESERVES

Called up share capital

9

222

222

Share premium

506,922

506,922

Retained earnings

(1,305,226

)

(1,165,254

)

SHAREHOLDERS' FUNDS

(798,082

)

(658,110

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

Mrs K M Shaw - Director

1.	STATUTORY INFORMATION

Getenergy Field Ready Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts have been prepared on a going concern basis as the company has the full financial support of the directors and other external investors.

TURNOVER

Turnover represents net invoiced sales of services, excluding value added tax.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Development costs are being amortised evenly over their estimated useful life of five years.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

24,120

Additions

16,797

At 31 December 2024

40,917

AMORTISATION

At 1 January 2024

4,095

Charge for year

3,696

At 31 December 2024

7,791

NET BOOK VALUE

At 31 December 2024

33,126

At 31 December 2023

20,025

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

1,001

8,456

9,457

DEPRECIATION

At 1 January 2024

750

8,232

8,982

Charge for year

65

224

289

At 31 December 2024

815

8,456

9,271

NET BOOK VALUE

At 31 December 2024

186

-

186

At 31 December 2023

251

224

475

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

38,800

58,558

Other debtors

42,194

61,359

80,994

119,917

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

15,195

5,735

Trade creditors

113,494

84,631

Taxation and social security

31,730

64,335

Other creditors

232,198

264,496

392,617

419,197

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

50,516

33,866

Other creditors

537,500

537,500

588,016

571,366

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

6,920

12,542

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

11,200

A Ordinary Shares

1p

112

112

4,800

B Ordinary Shares

1p

48

48

2,000

C Ordinary Shares

1p

20

20

2,000

D Ordinary Shares

1p

20

20

2,222

E Ordinary Shares

1p

22

22

222

222