REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 10 November 2022 to 30 November 2023 |
for |
Current Direction Renewable Energy Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 10 November 2022 to 30 November 2023 |
for |
Current Direction Renewable Energy Ltd |
Current Direction Renewable Energy Ltd (Registered number: 14475029) |
Contents of the Financial Statements |
for the Period 10 November 2022 to 30 November 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Current Direction Renewable Energy Ltd |
Company Information |
for the Period 10 November 2022 to 30 November 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Rangefield Court |
Farnham Trading Estate |
Farnham |
Surrey |
GU9 9NP |
Current Direction Renewable Energy Ltd (Registered number: 14475029) |
Balance Sheet |
30 November 2023 |
Notes | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings | 7 | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Current Direction Renewable Energy Ltd (Registered number: 14475029) |
Notes to the Financial Statements |
for the Period 10 November 2022 to 30 November 2023 |
1. | STATUTORY INFORMATION |
Current Direction Renewable Energy Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Going concern |
The company's balance sheet shows an excess of liabilities over assets. The company is reliant on the continuation of support from the directors and therefore feel it is appropriate to prepare the financial statements on a going concern basis., which assumes that the company will continue to trade and to be able to meet its liabilities for the foreseeable future. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
VAT |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other creditors |
Accrued expenses |
Current Direction Renewable Energy Ltd (Registered number: 14475029) |
Notes to the Financial Statements - continued |
for the Period 10 November 2022 to 30 November 2023 |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | £1 | 3 |
7. | RESERVES |
Retained |
earnings |
£ |
Deficit for the period | ( |
) |
At 30 November 2023 | ( |
) |