Company Registration No. 06562627 (England and Wales)
Moda Energy Ltd
Unaudited accounts
for the year ended 30 April 2025
Moda Energy Ltd
Unaudited accounts
Contents
Moda Energy Ltd
Company Information
for the year ended 30 April 2025
Directors
Andrew Harbert
Briony Myerson
Company Number
06562627 (England and Wales)
Registered Office
Unit 46a Enterprise Centre
Denton Island
Newhaven
BN9 9BA
United Kingdom
Accountants
Tanners Tax Accountants
Steward House
14 Commercial Way
Woking
Surrey
GU21 6ET
Moda Energy Ltd
Statement of financial position
as at 30 April 2025
Tangible assets
155,755
112,984
Cash at bank and in hand
2,671
21,439
Creditors: amounts falling due within one year
(41,264)
(45,260)
Net current liabilities
(36,146)
(22,814)
Total assets less current liabilities
119,609
90,170
Creditors: amounts falling due after more than one year
(12,708)
(20,912)
Called up share capital
100
100
Profit and loss account
106,801
69,158
Shareholders' funds
106,901
69,258
For the year ending 30 April 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 29 April 2026 and were signed on its behalf by
Andrew Harbert
Director
Company Registration No. 06562627
Moda Energy Ltd
Notes to the Accounts
for the year ended 30 April 2025
Moda Energy Ltd is a private company, limited by shares, registered in England and Wales, registration number 06562627. The registered office is Unit 46a Enterprise Centre, Denton Island, Newhaven, BN9 9BA, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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
15% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
33% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2024
80,929
14,205
27,791
4,124
127,049
Additions
58,122
-
-
1,434
59,556
At 30 April 2025
139,051
14,205
27,791
5,558
186,605
At 1 May 2024
674
8,132
4,632
627
14,065
Charge for the year
8,578
911
5,790
1,506
16,785
At 30 April 2025
9,252
9,043
10,422
2,133
30,850
At 30 April 2025
129,799
5,162
17,369
3,425
155,755
At 30 April 2024
80,255
6,073
23,159
3,497
112,984
Moda Energy Ltd
Notes to the Accounts
for the year ended 30 April 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
7,212
7,212
Trade creditors
25,528
4,998
Taxes and social security
5,743
-
Loans from directors
501
30,581
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
12,708
20,912
8
Average number of employees
During the year the average number of employees was 2 (2024: 1).