LOCAL RENEWABLE SERVICES LTD

Company Registration Number:
08895468 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

LOCAL RENEWABLE SERVICES LTD

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

LOCAL RENEWABLE SERVICES LTD

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Current assets
Debtors:   451,994 60,398
Cash at bank and in hand: 65,739 389
Total current assets: 517,733 60,787
Creditors: amounts falling due within one year:   (261,508) (60,305)
Net current assets (liabilities): 256,225 482
Total assets less current liabilities: 256,225 482
Creditors: amounts falling due after more than one year:   (3,867)
Total net assets (liabilities): 252,358 482
Capital and reserves
Called up share capital: 100 1
Profit and loss account: 252,258 481
Shareholders funds: 252,358 482

The notes form part of these financial statements

LOCAL RENEWABLE SERVICES LTD

Balance sheet statements

For the year ending 28 February 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 November 2023
and signed on behalf of the board by:

Name: D M Warden
Status: Director

The notes form part of these financial statements

LOCAL RENEWABLE SERVICES LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

LOCAL RENEWABLE SERVICES LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 1 1