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REGISTERED NUMBER: SC582849 (Scotland)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

EVi Renewables Ltd

EVi Renewables Ltd (Registered number: SC582849)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

EVi Renewables Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Mr Neil George Alexander Beattie
Mr Christopher Campbell





REGISTERED OFFICE: 20 Dickson Street
Elgin Industrial Estate
Dunfermline
Fife
KY12 7SN





REGISTERED NUMBER: SC582849 (Scotland)





ACCOUNTANTS: Wallace White Accountants
2nd Floor
22-24 Blythswood Square
Glasgow
G2 4BG

EVi Renewables Ltd (Registered number: SC582849)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 46,720 2,884

CURRENT ASSETS
Stocks 58,968 82,624
Debtors 5 122,921 131,443
Cash at bank and in hand 270,252 71,241
452,141 285,308
CREDITORS
Amounts falling due within one year 6 156,163 372,098
NET CURRENT ASSETS/(LIABILITIES) 295,978 (86,790 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

342,698

(83,906

)

CREDITORS
Amounts falling due after more than one
year

7

102,200

144,858
NET ASSETS/(LIABILITIES) 240,498 (228,764 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 240,398 (228,864 )
240,498 (228,764 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

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.

EVi Renewables Ltd (Registered number: SC582849)

Balance Sheet - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 14 December 2023 and were signed on its behalf by:




Mr Neil George Alexander Beattie - Director



Mr Christopher Campbell - Director


EVi Renewables Ltd (Registered number: SC582849)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

EVi Renewables Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2022 - 6 ) .

EVi Renewables Ltd (Registered number: SC582849)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 5,739
Additions 59,289
At 30 November 2023 65,028
DEPRECIATION
At 1 December 2022 2,855
Charge for year 15,453
At 30 November 2023 18,308
NET BOOK VALUE
At 30 November 2023 46,720
At 30 November 2022 2,884

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 61,694 54,907
Other debtors 61,227 76,536
122,921 131,443

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Hire purchase contracts 8,946 -
Trade creditors 36,291 118,265
Taxation and social security 67,721 10,214
Other creditors 43,205 243,619
156,163 372,098

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 43,544 52,464
Hire purchase contracts 30,124 -
Other creditors 28,532 92,394
102,200 144,858

EVi Renewables Ltd

Report of the Accountants to the Directors of
EVi Renewables Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Wallace White Accountants
2nd Floor
22-24 Blythswood Square
Glasgow
G2 4BG


14 December 2023