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REGISTERED NUMBER: 09021886 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2024

FOR

BISHOPS WALTHAM RENEWABLES LIMITED

BISHOPS WALTHAM RENEWABLES LIMITED (REGISTERED NUMBER: 09021886)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BISHOPS WALTHAM RENEWABLES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2024







DIRECTOR: M A M Candlish





REGISTERED OFFICE: The Old School House
Bridge Road
Hunton Bridge
Kings Langley
Hertfordshire
WD4 8SZ





REGISTERED NUMBER: 09021886 (England and Wales)





ACCOUNTANTS: Gowers Limited
The Old School House
Bridge Road
Hunton Bridge
Kings Langley
Hertfordshire
WD4 8SZ

BISHOPS WALTHAM RENEWABLES LIMITED (REGISTERED NUMBER: 09021886)

BALANCE SHEET
30TH JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,156,875 3,410,658

CURRENT ASSETS
Debtors 5 54,177 173,539
Cash at bank 105,561 145,948
159,738 319,487
CREDITORS
Amounts falling due within one year 6 (3,160,142 ) (3,581,410 )
NET CURRENT LIABILITIES (3,000,404 ) (3,261,923 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

156,471

148,735

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 156,371 148,635
SHAREHOLDERS' FUNDS 156,471 148,735

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

BISHOPS WALTHAM RENEWABLES LIMITED (REGISTERED NUMBER: 09021886)

BALANCE SHEET - continued
30TH JUNE 2024


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 director and authorised for issue on 21st October 2024 and were signed by:





M A M Candlish - Director


BISHOPS WALTHAM RENEWABLES LIMITED (REGISTERED NUMBER: 09021886)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024


1. STATUTORY INFORMATION

Bishops Waltham Renewables Limited is a private company, limited by shares , registered in England and Wales. 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.

These accounts have been prepared on a going concern basis which assumes that the company will continue to trade. The validity of this assumption is dependent on sufficient and continuing financial support being made available by the holding company. If the company were unable to continue to trade adjustments would have to be made to provide for any further liabilities that may arise.

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 - 5% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

BISHOPS WALTHAM RENEWABLES LIMITED (REGISTERED NUMBER: 09021886)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st July 2023
and 30th June 2024 5,063,672
DEPRECIATION
At 1st July 2023 1,653,013
Charge for year 253,784
At 30th June 2024 1,906,797
NET BOOK VALUE
At 30th June 2024 3,156,875
At 30th June 2023 3,410,659

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by related undertakings - 105,356
Other debtors 54,177 68,183
54,177 173,539

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 6,777 -
Amounts owed to group undertakings 2,935,865 3,281,410
Other creditors 217,500 300,000
3,160,142 3,581,410

7. RELATED PARTY DISCLOSURES

At the year end a loan balance of £nil (2023: £105,356) was owed by GB Renewables Investments Limited, a company in which M A M Candlish is a director and majority shareholder. The loan is interest free.