MASS_ENERGY_LIMITED - Accounts

The average number of persons, including directors, employed by the company during the year was as follows:

The Covid-19 pandemic will have a significant impact on a large number of businesses.

Management are continuously assessing the impact of the coronavirus on the market and employees and are considering the flexibility the company requires to both prepare and react to the ever-changing unprecedented circumstances.

The directors have performed a sensitivity analysis and are comfortable that a short-term reduction in income could sustain the company’s overheads in the immediate term.

After considering the impact of the above, 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.

Mass Energy Limited is a private company limited by shares incorporated in England and Wales. The registered office is Iron House Farm, Lancaster Road, Out Rawcliffe, Preston, PR3 6BP.

For the year ended 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.