IRIS Accounts Production v23.3.0.418 08856866 director 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh088568662022-03-31088568662023-03-31088568662022-04-012023-03-31088568662021-03-31088568662021-04-012022-03-31088568662022-03-3108856866ns10:Originalns15:EnglandWales2022-04-012023-03-3108856866ns14:PoundSterlingns10:Original2022-04-012023-03-3108856866ns10:Originalns10:Director12022-04-012023-03-3108856866ns10:Original2022-04-012023-03-3108856866ns10:Original2023-03-3108856866ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3108856866ns10:Originalns10:SmallEntities2022-04-012023-03-3108856866ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3108856866ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3108856866ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3108856866ns10:Originalns10:FullAccounts2022-04-012023-03-3108856866ns10:Original12022-04-012023-03-3108856866ns10:Originalns10:RegisteredOffice2022-04-012023-03-3108856866ns10:Original2022-03-3108856866ns10:Originalns5:CurrentFinancialInstruments2023-03-3108856866ns10:Originalns5:CurrentFinancialInstruments2022-03-3108856866ns10:Originalns5:Non-currentFinancialInstruments2023-03-3108856866ns10:Originalns5:Non-currentFinancialInstruments2022-03-3108856866ns5:ShareCapitalns10:Original2023-03-3108856866ns5:ShareCapitalns10:Original2022-03-3108856866ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3108856866ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3108856866ns10:Originalns5:NetGoodwill2022-04-012023-03-3108856866ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-04-012023-03-3108856866ns10:Originalns5:PlantMachinery2022-04-012023-03-3108856866ns10:Originalns5:MotorVehicles2022-04-012023-03-3108856866ns10:Original2021-04-012022-03-3108856866ns10:Originalns5:NetGoodwill2022-03-3108856866ns10:Originalns5:NetGoodwill2023-03-3108856866ns10:Originalns5:NetGoodwill2022-03-3108856866ns10:Originalns5:PlantMachinery2022-03-3108856866ns10:Originalns5:MotorVehicles2022-03-3108856866ns10:Original2022-03-3108856866ns10:Originalns5:PlantMachinery2023-03-3108856866ns10:Originalns5:MotorVehicles2023-03-3108856866ns10:Originalns5:PlantMachinery2022-03-3108856866ns10:Originalns5:MotorVehicles2022-03-3108856866ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3108856866ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: 08856866 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Above And Beyond Renewables Ltd

Above And Beyond Renewables Ltd (Registered number: 08856866)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Above And Beyond Renewables Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTOR: R Pearson





REGISTERED OFFICE: 10 Millerstone Rise
Kirkby Thore
Penrith
Cumbria
CA10 1XH





REGISTERED NUMBER: 08856866 (England and Wales)





ACCOUNTANTS: Noble Accountants Ltd
Tarn Villa
Culgaith
Penrith
Cumbria
CA10 1QL

Above And Beyond Renewables Ltd (Registered number: 08856866)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 15,638 18,882
15,638 18,882

CURRENT ASSETS
Stocks 19,443 25,634
Debtors 6 23,042 27,467
Cash at bank 10,983 14,921
53,468 68,022
CREDITORS
Amounts falling due within one year 7 34,869 49,991
NET CURRENT ASSETS 18,599 18,031
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,237

36,913

CREDITORS
Amounts falling due after more than one
year

8

(4,544

)

(9,997

)

PROVISIONS FOR LIABILITIES (2,971 ) (3,588 )
NET ASSETS 26,722 23,328

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 26,622 23,228
SHAREHOLDERS' FUNDS 26,722 23,328

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

Above And Beyond Renewables Ltd (Registered number: 08856866)

Balance Sheet - continued
31 March 2023


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 13 November 2023 and were signed by:





R Pearson - Director


Above And Beyond Renewables Ltd (Registered number: 08856866)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Above And Beyond Renewables 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on reducing balance
Motor vehicles - 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.

Above And Beyond Renewables Ltd (Registered number: 08856866)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

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 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 10,000
AMORTISATION
At 1 April 2022
and 31 March 2023 10,000
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2022 5,265 30,001 35,266
Additions 1,718 - 1,718
At 31 March 2023 6,983 30,001 36,984
DEPRECIATION
At 1 April 2022 3,220 13,164 16,384
Charge for year 753 4,209 4,962
At 31 March 2023 3,973 17,373 21,346
NET BOOK VALUE
At 31 March 2023 3,010 12,628 15,638
At 31 March 2022 2,045 16,837 18,882

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 18,017 23,790
Other debtors 5,025 3,677
23,042 27,467

Above And Beyond Renewables Ltd (Registered number: 08856866)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 5,453 5,453
Trade creditors 14,856 29,308
Taxation and social security 4,000 2,955
Other creditors 10,560 12,275
34,869 49,991

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 4,544 9,997