SHEEPWASH FARM RENEWABLES LIMITED | |
UNAUDITED FINANCIAL STATEMENTS | |
FOR THE YEAR ENDED 30 JUNE 2023 | |
SHEEPWASH FARM RENEWABLES LIMITED | |||
FINANCIAL STATEMENTS | |||
FOR THE YEAR ENDED 30 JUNE 2023 | |||
DIRECTORS | |||
F Robert J Gray | |||
SECRETARY | |||
Lukasz Lajczak | |||
REGISTERED OFFICE | |||
Sheepwash Farm Whittington Lichfield Staffs WS14 9JN |
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COMPANY REGISTERED NUMBER | |||
08121564 | |||
BANKERS | |||
Barclays Bank PLC | |||
SOLICITORS | |||
Fishers Ashby De La Zouch | |||
ACCOUNTANTS | |||
Jonathan Loescher & Co Ltd | |||
Chartered Accountants | |||
The steading, Jerrys Lane, Packington, Lichfield, Staffs WS14 9QA | |||
CONTENTS | |||
Pages | |||
2-3 | Statement of Financial Position | ||
4-8 | Notes to the Financial Statements | ||
page 1 | |
Company registered number: |
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STATEMENT OF FINANCIAL POSITION AT |
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Note | 2023 | 2022 | |||
£ | £ | £ | |||
FIXED ASSETS | |||||
Property, plant and equipment | 3 | ||||
CURRENT ASSETS | |||||
Debtors | 4 | ||||
Cash at bank and in hand | |||||
CREDITORS: Amounts falling due within one year | 5 | ||||
NET CURRENT ASSETS | |||||
TOTAL ASSETS LESS CURRENT LIABILITIES | |||||
PROVISIONS FOR LIABILITIES | ( |
( |
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NET ASSETS | £ |
£ |
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CAPITAL AND RESERVES | |||||
Called up share capital | |||||
Retained earnings | |||||
SHAREHOLDERS' FUNDS | £ |
£ |
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The notes on pages 4-8 form part of these financial statements | |
page 2 | |
Company registered number: |
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STATEMENT OF FINANCIAL POSITION AT |
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Note | 2023 | 2022 | |||
£ | £ | £ |
In approving these financial statements as directors of the company we hereby confirm the following: | |||
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. | |||
The financial statements were approved and authorised for issue by the board of directors on |
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Signed on behalf of the board of directors | |||
The notes on pages 4-8 form part of these financial statements | |
page 3 | |
SHEEPWASH FARM RENEWABLES LIMITED | |||
NOTES TO THE ACCOUNTS | |||
FOR THE YEAR ENDED 30 JUNE 2023 |
1. | SIGNIFICANT ACCOUNTING POLICIES | ||
1a. | Statement of compliance | |||
Sheepwash Farm Renewables Limited is a company limited by shares incorporated in |
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Registered office: | ||||
Whittington Lichfield Staffs WS14 9JN |
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Basis of accounting | ||||
1c. | Revenue recognition | |||
1d. | Borrowing costs | |||
1e. | Taxation | |||
The notes on pages 4-8 form part of these financial statements | |
page 4 | |
SHEEPWASH FARM RENEWABLES LIMITED | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 30 JUNE 2023 |
1. | SIGNIFICANT ACCOUNTING POLICIES (CONT.) |
1f. | Property, plant and equipment | ||
1g. | Inventories | |||
1h. | Short term debtors and creditors | |||
1i. | Cash and cash equivalents | |||
1j. | Interest bearing borrowings | |||
1k. | Leased assets | |||
The notes on pages 4-8 form part of these financial statements | |
page 5 | |
SHEEPWASH FARM RENEWABLES LIMITED | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 30 JUNE 2023 |
1. | SIGNIFICANT ACCOUNTING POLICIES (CONT.) |
1l. | Foreign currencies | |||
1m. | Employee benefits | |||
1n. | Discontinued operations | |||
1o. | Provisions | |||
1p. | Judgements and key sources of estimation uncertainty | |||
The notes on pages 4-8 form part of these financial statements | |
page 6 | |
SHEEPWASH FARM RENEWABLES LIMITED | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 30 JUNE 2023 |
2. | DIRECTORS AND EMPLOYEES | ||
The average weekly number of employees during the year were as follows: | |||
2023 | 2022 | ||
No. | No. | ||
Management and administration | |||
3. | PROPERTY, PLANT AND EQUIPMENT | |||
Plant & | Fixtures & | |||
Machinery | Equipment | Total | ||
£ | £ | £ | ||
Cost | ||||
At 1 July 2022 | ||||
At 30 June 2023 | ||||
Depreciation | ||||
At 1 July 2022 | ||||
For the year | ||||
At 30 June 2023 | ||||
Net Book Amounts | ||||
At 30 June 2023 | ||||
At 30 June 2022 | ||||
4. | DEBTORS | 2023 | 2022 |
£ | £ | ||
Trade debtors | |||
Other debtors | |||
£ |
£ |
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The notes on pages 4-8 form part of these financial statements | |
page 7 | |
SHEEPWASH FARM RENEWABLES LIMITED | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 30 JUNE 2023 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
2023 | 2022 | ||
£ | £ | ||
Bank loans and overdrafts | 91 | 2 | |
Trade creditors | |||
Corporation tax | |||
Other taxes and social security | |||
Other creditors | |||
Accruals and deferred income | |||
£ |
£ |
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6. | TRANSACTIONS WITH AND LOANS TO DIRECTORS | ||
Material Interests of Directors | |||
Sheepwash Farm Renewables Ltd leases land from Mr F Robert J Gray on which it has built a windturbine . The rent is £1,000 per annum indexed linked. The first installment was payable in April 2016. | |||
Sheepwash Farm Renewables Ltd operated a biomass boiler that provides heating and drying to JF and BM Gray Farm Partnership, a partnership of which Mr F Robert J Gray is a partner. | |||
The notes on pages 4-8 form part of these financial statements | |
page 8 |