IRIS Accounts Production v20.3.0.228 12213973 Board of Directors 18.9.19 31.3.20 31.3.20 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure 12213973 2019-09-17 12213973 2020-03-31 12213973 2019-09-18 2020-03-31 12213973 2019-09-17 12213973 ns16:EnglandWales 2019-09-18 2020-03-31 12213973 ns15:PoundSterling 2019-09-18 2020-03-31 12213973 ns11:Director1 2019-09-18 2020-03-31 12213973 ns11:PrivateLimitedCompanyLtd 2019-09-18 2020-03-31 12213973 ns11:SmallEntities 2019-09-18 2020-03-31 12213973 ns11:AuditExempt-NoAccountantsReport 2019-09-18 2020-03-31 12213973 ns11:SmallCompaniesRegimeForDirectorsReport 2019-09-18 2020-03-31 12213973 ns11:SmallCompaniesRegimeForAccounts 2019-09-18 2020-03-31 12213973 ns11:FullAccounts 2019-09-18 2020-03-31 12213973 ns11:Director2 2019-09-18 2020-03-31 12213973 ns11:RegisteredOffice 2019-09-18 2020-03-31 12213973 ns6:CurrentFinancialInstruments 2020-03-31 12213973 ns6:ShareCapital 2020-03-31 12213973 ns6:RetainedEarningsAccumulatedLosses 2020-03-31 12213973 ns6:CurrentFinancialInstruments ns6:WithinOneYear 2020-03-31
REGISTERED NUMBER: 12213973 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

18 SEPTEMBER 2019 TO 31 MARCH 2020

FOR

GUY ENERGY LTD

GUY ENERGY LTD (REGISTERED NUMBER: 12213973)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 18 SEPTEMBER 2019 TO 31 MARCH 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GUY ENERGY LTD

COMPANY INFORMATION
FOR THE PERIOD 18 SEPTEMBER 2019 TO 31 MARCH 2020







DIRECTORS: P B Guy
Mrs L J Guy





REGISTERED OFFICE: The Old School
The Stennack
St Ives
Cornwall
TR26 1QU





REGISTERED NUMBER: 12213973 (England and Wales)





ACCOUNTANTS: Greenwood Wilson
The Old School
The Stennack
St Ives
Cornwall
TR26 1QU

GUY ENERGY LTD (REGISTERED NUMBER: 12213973)

BALANCE SHEET
31 MARCH 2020

Notes £   
CURRENT ASSETS
Debtors 4 20,887
Cash at bank 18,235
39,122
CREDITORS
Amounts falling due within one year 5 19,189
NET CURRENT ASSETS 19,933
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,933

CAPITAL AND RESERVES
Called up share capital 4
Retained earnings 19,929
SHAREHOLDERS' FUNDS 19,933

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2020 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 November 2020 and were signed on its behalf by:





P B Guy - Director


GUY ENERGY LTD (REGISTERED NUMBER: 12213973)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 18 SEPTEMBER 2019 TO 31 MARCH 2020

1. STATUTORY INFORMATION

Guy Energy 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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 period was 2 .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 20,795
Other debtors 92
20,887

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 9,237
Other creditors 9,952
19,189

GUY ENERGY LTD (REGISTERED NUMBER: 12213973)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 18 SEPTEMBER 2019 TO 31 MARCH 2020

6. ULTIMATE CONTROLLING PARTY

The board of directors.