Company registration number 11042192 (England and Wales)
SQUARE1 ENERGY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022
PAGES FOR FILING WITH REGISTRAR
SQUARE1 ENERGY LIMITED
CONTENTS
Page
Balance sheet and notes to the financial statements
1 - 2
SQUARE1 ENERGY LIMITED
BALANCE SHEET
AS AT
30 JUNE 2022
30 June 2022
- 1 -
2022
2021
£
£
£
£
Current assets
158,338
73,344
Prepayments and accrued income
13,982
7,389
Creditors: amounts falling due within one year
(497,066)
(156,500)
Net current liabilities
(324,746)
(75,767)
Net liabilities
(324,746)
(75,767)
Capital and reserves
(324,746)
(75,767)
1
Employees
The average number of persons
,
including directors
,
employed by the company during the year wa
s as follows:
2022
2021
Number
Number
Employees
3
1
2
Going concern
The rise and volatility of energy wholesale prices have adversely impacted company profits for the year ended June 22. But actual and forecast figures for the following accounting years are more positive. Square1 Energy is due to be transferred outside of the Dyball Group.
Square1 Energy Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1st & 2nd Floor of Attwood House, John Comyn Drive, Worcester, Worcestershire, England, WR3 7NS.
For the year ended 30 June 2022 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 member has 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.
SQUARE1 ENERGY LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2022
30 June 2022
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 31 March 2023 and are signed on its behalf by:
Mr Andrew Dyball
Director
Company registration number 11042192 (England and Wales)