Energy Logic Limited - Accounts to registrar (filleted) - small 18.2

Energy Logic Limited - Accounts to registrar (filleted) - small 18.2

ENERGY LOGIC LIMITED - Company Information

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REGISTERED NUMBER: 10276615 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2021

FOR

ENERGY LOGIC LIMITED
ENERGY LOGIC LIMITED (REGISTERED NUMBER: 10276615)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ENERGY LOGIC LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2021







DIRECTOR: P J Cripps





REGISTERED OFFICE: 2-4 Packhorse Road
Gerrards Cross
Buckinghamshire
SL9 7QE





REGISTERED NUMBER: 10276615 (England and Wales)





ACCOUNTANTS: Nunn Hayward LLP
Chartered Accountants
2-4 Packhorse Road
Gerrards Cross
Buckinghamshire
SL9 7QE
1
ENERGY LOGIC LIMITED (REGISTERED NUMBER: 10276615)

BALANCE SHEET
31 JULY 2021

2021 2020
Notes £ £ £ £
FIXED ASSETS
Investments 4 100,000 100,000

CURRENT ASSETS
Debtors 5 100 100

CREDITORS
Amounts falling due within one year 6 106,832 104,843
NET CURRENT LIABILITIES (106,732 ) (104,743 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(6,732
)
(4,743
)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (6,832 ) (4,843 )
(6,732 ) (4,743 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 20 June 2022 and were signed by:





P J Cripps - Director


The notes form part of these financial statements

2
ENERGY LOGIC LIMITED (REGISTERED NUMBER: 10276615)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021


1. STATUTORY INFORMATION

Energy Logic Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

These accounts have been prepared under the going concern basis on the understanding that the director will continue to financially support the company for the foreseeable future.

Preparation of consolidated financial statements
The financial statements contain information about Energy Logic Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - 1 ).

3 continued...
ENERGY LOGIC LIMITED (REGISTERED NUMBER: 10276615)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2021


4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 August 2020
and 31 July 2021 100,000
NET BOOK VALUE
At 31 July 2021 100,000
At 31 July 2020 100,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£ £
Other debtors 100 100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£ £
Trade creditors 6,412 4,423
Amounts owed to group undertakings 420 420
Other creditors 100,000 100,000
106,832 104,843

4