TEC 2024 Annual Report Final - Flipbook - Page 15
BALANCE
SHEET
THE ENERGY CONSORTIUM as at 31 MARCH 2024
2024
£
2023
£
25,509
30,855
432,788
1,990,691
367,850
2,115,721
2,423,479
2,483,571
Creditors: amounts falling due within one year
(380,927)
(312,364)
Net current assets
2,042,552
2,171,207
Total assets less current liabilities
2,068,061
2,202,062
nil
(481,214)
Net assets
2,068,061
1,720,848
Capital and reserves
Profit and loss account
2,068,061
1,720,848
2,068,061
1,720,848
Fixed assets - tangible and intangible
Current assets
Debtors: amounts falling due within one year
Cash at bank and in hand
Pension liability
The financial statements have been prepared 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 financial statements were approved and authorised for issue by the board and were signed on its behalf on
21 September 2024.
*Due to change in assumption – USS Pension Deficit.
THE ENERGY CONSORTIUM - ANNUAL REPORT 2024
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