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REGISTERED NUMBER: SC332575 (Scotland)















Unaudited Financial Statements for the Year Ended 30 November 2021

for

Capital Power Clean Limited

Capital Power Clean Limited (Registered number: SC332575)






Contents of the Financial Statements
for the Year Ended 30 November 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Capital Power Clean Limited

Company Information
for the Year Ended 30 November 2021







DIRECTOR: T Reynolds





SECRETARY: A J Reynolds





REGISTERED OFFICE: 4 Lindsay Square
Deans Industrial Estate
Livingston
West Lothian
EH54 8RL





REGISTERED NUMBER: SC332575 (Scotland)





ACCOUNTANTS: Crichton Mackie Accounting Services Ltd
66 Barntongate Drive
Edinburgh
EH4 8BY

Capital Power Clean Limited (Registered number: SC332575)

Balance Sheet
30 November 2021

30.11.21 30.11.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 82,792 58,298

CURRENT ASSETS
Stocks 296,603 213,874
Debtors 5 234,799 283,823
Cash at bank and in hand 74,087 118,369
605,489 616,066
CREDITORS
Amounts falling due within one year 6 289,731 351,509
NET CURRENT ASSETS 315,758 264,557
TOTAL ASSETS LESS CURRENT
LIABILITIES

398,550

322,855

CREDITORS
Amounts falling due after more than
one year

7

(24,314

)

(14,370

)

PROVISIONS FOR LIABILITIES (15,731 ) (11,077 )
NET ASSETS 358,505 297,408

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 358,405 297,308
SHAREHOLDERS' FUNDS 358,505 297,408

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Capital Power Clean Limited (Registered number: SC332575)

Balance Sheet - continued
30 November 2021


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 director and authorised for issue on 19 August 2022 and were signed by:





T Reynolds - Director


Capital Power Clean Limited (Registered number: SC332575)

Notes to the Financial Statements
for the Year Ended 30 November 2021

1. STATUTORY INFORMATION

Capital Power Clean Limited is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Capital Power Clean Limited (Registered number: SC332575)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2021

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2020 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2020 206,594
Additions 48,377
Disposals (23,113 )
At 30 November 2021 231,858
DEPRECIATION
At 1 December 2020 148,296
Charge for year 16,244
Eliminated on disposal (15,474 )
At 30 November 2021 149,066
NET BOOK VALUE
At 30 November 2021 82,792
At 30 November 2020 58,298

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.21 30.11.20
£    £   
Trade debtors 226,986 277,948
Other debtors 7,813 5,875
234,799 283,823

Capital Power Clean Limited (Registered number: SC332575)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2021

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.21 30.11.20
£    £   
Hire purchase contracts (see note 8)
12,827

5,760
Trade creditors 205,395 200,617
Taxation and social security 24,012 80,097
Other creditors 47,497 65,035
289,731 351,509

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.11.21 30.11.20
£    £   
Hire purchase contracts (see note 8)
24,314

14,370

8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

30.11.21 30.11.20
£    £   
Net obligations repayable:
Within one year 12,827 5,760
Between one and five years 24,314 14,370
37,141 20,130

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases of £155,681 (2020 - £25,700)

9. SECURED DEBTS

The following secured debts are included within creditors:

30.11.21 30.11.20
£    £   
Hire purchase contracts 37,141 20,130

HP liabilities are secured over the assets to which they relate

Capital Power Clean Limited (Registered number: SC332575)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2021

10. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 30.11.21 30.11.20
value: £    £   
100 Ordinary £1 100 100