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Company Registration No. 12760851 (England and Wales)
Lowercarbon Technology Limited Unaudited accounts for the year ended 31 July 2023
Lowercarbon Technology Limited Unaudited accounts Contents
Page
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Lowercarbon Technology Limited Company Information for the year ended 31 July 2023
Director
Daniel Tait
Company Number
12760851 (England and Wales)
Registered Office
Unit 2.05 12 - 18 Hoxton Street London N1 6NG United Kingdom
Accountants
The Accountancy Cloud 12-18 Hoxton Street London N1 6NG UK
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Lowercarbon Technology Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
331 
529 
Current assets
Debtors
197 
186 
Cash at bank and in hand
67,813 
108,043 
68,010 
108,229 
Creditors: amounts falling due within one year
37 
(206)
Net current assets
68,047 
108,023 
Net assets
68,378 
108,552 
Capital and reserves
Called up share capital
1 
1 
Share premium
187,499 
187,499 
Profit and loss account
(119,122)
(78,948)
Shareholders' funds
68,378 
108,552 
For the year ending 31 July 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 March 2024 and were signed on its behalf by
Daniel Tait Director Company Registration No. 12760851
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Lowercarbon Technology Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Lowercarbon Technology Limited is a private company, limited by shares, registered in England and Wales, registration number 12760851. The registered office is Unit 2.05 12 - 18 Hoxton Street, London, N1 6NG, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
4 year straight line basis
Going concern
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2022
791 
At 31 July 2023
791 
Depreciation
At 1 August 2022
262 
Charge for the year
198 
At 31 July 2023
460 
Net book value
At 31 July 2023
331 
At 31 July 2022
529 
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Lowercarbon Technology Limited Notes to the Accounts for the year ended 31 July 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
197 
186 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
243 
Other creditors
- 
(37)
Loans from directors
(37)
- 
(37)
206 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Daniel Tait
37 
- 
- 
37 
37 
- 
- 
37 
During the year ended 31st July 2023, Lowercarbon Ltd was owed £37 by its sole director. This amount is interest-free and is repayable on demand.
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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