Company Registration No. 13549967 (England and Wales)
Carbon Rewind Holdings Limited
Unaudited accounts
for the year ended 30 June 2023
Carbon Rewind Holdings Limited
Unaudited accounts
Contents
Carbon Rewind Holdings Limited
Company Information
for the year ended 30 June 2023
Directors
A D Clifford
M A Pidgeon
Company Number
13549967 (England and Wales)
Registered Office
Axis Building 2
Rhodes Way
Watford
WD24 4YW
Accountants
Evolve Accounting and Tax Solutions Ltd
Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN
Carbon Rewind Holdings Limited
Statement of financial position
as at 30 June 2023
Cash at bank and in hand
40,598
1,074
Net current assets
380,778
207,254
Total assets less current liabilities
380,778
207,254
Creditors: amounts falling due after more than one year
(3,180)
(59,180)
Net assets
377,598
148,074
Called up share capital
100
100
Profit and loss account
377,498
147,974
Shareholders' funds
377,598
148,074
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2023 and were signed on its behalf by
A D Clifford
Director
Company Registration No. 13549967
Carbon Rewind Holdings Limited
Notes to the Accounts
for the year ended 30 June 2023
Carbon Rewind Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 13549967. The registered office is Axis Building 2, Rhodes Way, Watford, WD24 4YW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 June 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 5 August 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Amounts falling due within one year
Amounts due from group undertakings etc.
62,000
-
Other debtors
278,180
206,180
5
Creditors: amounts falling due after more than one year
2023
2022
Amounts owed to group undertakings and other participating interests
3,180
59,180
6
Transactions with related parties
At the balance sheet date a balance of £3,180 ( 2022: £59,180) was due to the a subsidiary company Carbon Rewind Limited. This amount is unsecured, interest free and repayable on demand, with 12 month notice.
At the balance sheet date balance of £26,000 ( 2022: Nil) was owed by the group company Carbon Rewind Insulation Ltd and £36,000 ( 2022: Nil) was owed by the group company Carbon Rewind Renewables Ltd. These amount are unsecured, interest free and repayable on demand, with 12 month notice.
Included within Director's loan is an amount of £142,680 (2022: £106,680) due from Andrew Clifford, a shareholder and director of the company, and £135,500 ( 2022: £99,500) due from M Pidgeon, a shareholder and director of the company. These amounts were repaid after the year end.
Carbon Rewind Holdings Limited
Notes to the Accounts
for the year ended 30 June 2023
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).