FORCE RENEWABLES LTD

Company Registration Number:
SC422702 (Scotland)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 May 2022

End date: 31 July 2023

FORCE RENEWABLES LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

FORCE RENEWABLES LTD

Company Information

for the Period Ended 31 July 2023




Director: Neil Wilson
Registered office: 2
Mcguire Gate
Bothwell
Glasgow
GB-SCT
G71 8FL
Company Registration Number: SC422702 (Scotland)

FORCE RENEWABLES LTD

Directors' Report Period Ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Principal Activities

The principle activity of the Company is selling renewable equipment and projects for development

Political and charitable donations

The company made no political or charitable donations in this period

Company policy on the employment of disabled persons

The company policy is to employ disabled staff wherever possible.

Directors

The directors shown below have held office during the whole of the period from 01 May 2022 to 31 July 2023
Neil Wilson

This report was approved by the board of directors on 3 February 2024
And Signed On Behalf Of The Board By:

Name: Neil Wilson
Status: Director

FORCE RENEWABLES LTD

Profit and Loss Account

for the Period Ended 31 July 2023


Notes
15 months to
31 Jul 2023
£

2022
£
Gross Profit or (Loss) 10,545 7,231
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 57,784 ) ( 17,022 )
Operating Profit or (Loss) ( 47,239 ) ( 9,791 )
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 110 ) ( 16,595 )
Profit or (Loss) Before Tax ( 47,349 ) ( 26,386 )
Tax on Profit - ( 0 )
Profit or (Loss) for Period ( 47,349 ) ( 26,386 )

The notes form part of these financial statements

FORCE RENEWABLES LTD

Balance sheet

As at 31 July 2023


Notes
15 months to
31 Jul 2023
£

2022
£
Fixed assets
Intangible assets: 4 0 0
Tangible assets: 5 1 1
Total fixed assets: 1 1
Current assets
Stocks: 0 0
Debtors: 1,957,414 914,041
Cash at bank and in hand: 32 6,673
Total current assets: 1,957,446 920,714
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 2,584,900 ) ( 1,497,256 )
Net current assets (liabilities): ( 627,454 ) ( 576,542 )
Total assets less current liabilities: ( 627,453 ) ( 576,541 )
Creditors: amounts falling due after more than one year: ( 47,067 ) ( 50,630 )
Provision for liabilities: ( 0 )
Accruals and deferred income: ( 0 )
Total net assets (liabilities): ( 674,520 ) ( 627,171 )

The notes form part of these financial statements

FORCE RENEWABLES LTD

Balance sheet continued

As at 31 July 2023


Notes
15 months to
31 Jul 2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 6 0 0
Profit and loss account: ( 674,620 ) ( 627,271 )
Shareholders funds: ( 674,520 ) ( 627,171 )

For the year ending 31 July 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 3 February 2024
And Signed On Behalf Of The Board By:

Name: Neil Wilson
Status: Director

The notes form part of these financial statements

FORCE RENEWABLES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FORCE RENEWABLES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    15 months to
    31 Jul 2023

    2022
    Average number of employees during the period 1 1

FORCE RENEWABLES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

FORCE RENEWABLES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 4. Intangible assets

    Total
    Cost £
    At 01 May 2022 0
    Additions 0
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 31 July 2023 0
    Amortisation
    Amortisation at 01 May 2022 0
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 31 July 2023 0
    Net book value
    Net book value at 31 July 2023 0
    Net book value at 30 April 2022 0

FORCE RENEWABLES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Tangible Assets

Total
Cost £
At 01 May 2022 1
Additions 0
Disposals (0)
Revaluations 0
Transfers 0
At 31 July 2023 1
Depreciation
At 01 May 2022 0
Charge for year 0
On disposals (0)
Other adjustments 0
At 31 July 2023 0
Net book value
At 31 July 2023 1
At 30 April 2022 1

FORCE RENEWABLES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Revaluation reserve

15 months to
31 Jul 2023
£
Balance at 01 May 2022 0
Surplus or deficit after revaluation 0
Balance at 31 July 2023 0