Company Registration No. SC456570 (Scotland)
Clynemilton Energy Ltd
Filleted accounts
for the year ended 31 August 2024
Clynemilton Energy Ltd
Filleted accounts
Contents
Clynemilton Energy Ltd
Company Information
for the year ended 31 August 2024
Directors
Joseph Nigel Blackburn
Veronica Anne Katherine Blackburn
Michael Joseph Blackburn
Company Number
SC456570 (Scotland)
Registered Office
Clynemilton Farm
Brora
Sutherland
KW9 6LU
Accountants
Cameron Consulting (Scotland) Ltd
7 Poles Road
Dornoch
IV25 3HP
Clynemilton Energy Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
155,994
176,516
Cash at bank and in hand
101,298
36,408
Creditors: amounts falling due within one year
(152,683)
(136,854)
Net current liabilities
(14,720)
(72,533)
Total assets less current liabilities
141,274
103,983
Creditors: amounts falling due after more than one year
(7,000)
(13,000)
Called up share capital
100
100
Profit and loss account
134,174
90,883
Shareholders' funds
134,274
90,983
For the year ending 31 August 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 25 November 2024 and were signed on its behalf by
Veronica Anne Katherine Blackburn
Director
Company Registration No. SC456570
Clynemilton Energy Ltd
Notes to the Accounts
for the year ended 31 August 2024
Clynemilton Energy Ltd is a private company, limited by shares, registered in Scotland, registration number SC456570. The registered office is Clynemilton Farm, Brora, Sutherland, KW9 6LU.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
10% Reducing Balance
4
Tangible fixed assets
Plant & machinery
At 1 September 2023
428,595
At 1 September 2023
252,079
Charge for the year
20,522
Amounts falling due within one year
Other debtors
36,665
23,373
Clynemilton Energy Ltd
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,000
6,000
Taxes and social security
36,632
10,351
Loans from directors
107,427
118,603
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).