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REGISTERED NUMBER: 07157985 (England and Wales)











DESFORD RENEWABLE
ENERGY LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






DESFORD RENEWABLE
ENERGY LIMITED (REGISTERED NUMBER: 07157985)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Balance Sheet 1


DESFORD RENEWABLE
ENERGY LIMITED (REGISTERED NUMBER: 07157985)

BALANCE SHEET
31 MARCH 2024

2024 2023
£    £    £    £   
FIXED ASSETS 865,518 904,992

CURRENT ASSETS 153,996 351,638

PREPAYMENTS AND ACCRUED INCOME 158,503 83,479

CREDITORS
Amounts falling due within one year (141,822 ) (101,551 )
NET CURRENT ASSETS 170,677 333,566
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,036,195

1,238,558

CREDITORS
Amounts falling due after more than one
year

(149,701

)

(524,536

)

ACCRUALS AND DEFERRED INCOME (5,342 ) (3,047 )
NET ASSETS 881,152 710,975

CAPITAL AND RESERVES 881,152 710,975

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Desford Renewable Energy Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07157985

Registered office: 3 Weekley Wood Close
Kettering
Northamptonshire
NN14 1UQ

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2023 - 2 ) .

DESFORD RENEWABLE
ENERGY LIMITED (REGISTERED NUMBER: 07157985)

BALANCE SHEET - continued
31 MARCH 2024

NOTES TO THE FINANCIAL STATEMENTS

3. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
P D Hilyer and Mrs E A Hilyer
Balance outstanding at start of year 54,009 138,919
Amounts repaid (54,009 ) (84,910 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 54,009

Interest has been charged to the directors at the official rate of interest of 2.25% (2023 - 2%) at £250 (2023 - £3,025)

The directors have made a personal guarantee with National Westminster Bank Plc for the sum of £550,000 and have a charge on their property for the repayment of this balance.



DESFORD RENEWABLE
ENERGY LIMITED (REGISTERED NUMBER: 07157985)

BALANCE SHEET - continued
31 MARCH 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 15 August 2024 and were signed on its behalf by:




Mrs E A Hilyer - Director



P D Hilyer - Director