BATTERIES AND SOLAR LTD

Company Registration Number:
10431108 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

BATTERIES AND SOLAR LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

BATTERIES AND SOLAR LTD

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 13,824 17,084
Total fixed assets: 13,824 17,084
Current assets
Stocks: 680,790 706,084
Debtors:   123,532 76,314
Cash at bank and in hand: 3,000 3,955
Total current assets: 807,322 786,353
Creditors: amounts falling due within one year: 4 (376,127) (441,935)
Net current assets (liabilities): 431,195 344,418
Total assets less current liabilities: 445,019 361,502
Total net assets (liabilities): 445,019 361,502
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 444,919 361,402
Shareholders funds: 445,019 361,502

The notes form part of these financial statements

BATTERIES AND SOLAR LTD

Balance sheet statements

For the year ending 31 October 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 05 March 2024
and signed on behalf of the board by:

Name: J Millmore
Status: Director

The notes form part of these financial statements

BATTERIES AND SOLAR LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

The turnover shown in the profit and loss account represents amounts invoiced during the year (excluding VAT). The turnover excluding VAT for the year was £3,629,222

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value over the useful economic life of the asset as follows:Motor Vehicle - 20% reducing balanceEquipemnt - 15% reducing balance

BATTERIES AND SOLAR LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 17 10

BATTERIES AND SOLAR LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 35,834
At 31 October 2023 35,834
Depreciation
At 01 November 2022 18,750
Charge for year 3,260
At 31 October 2023 22,010
Net book value
At 31 October 2023 13,824
At 31 October 2022 17,084

BATTERIES AND SOLAR LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Creditors: amounts falling due within one year note

2023 £ 2022 £Other creditors including:Trade Creditors 156,879 306,367Corporation Tax 60.024 19,310Customs and Excise 122,419 56,878Loan Account 16,805 26 ,880Directors Loan Account 20,000 32,500