Company Registration No. 09979933 (England and Wales)
GO LOW CARBON LIMITED
Unaudited accounts
for the year ended 29 February 2024
GO LOW CARBON LIMITED
Unaudited accounts
Contents
GO LOW CARBON LIMITED
Company Information
for the year ended 29 February 2024
Directors
Mr Ryan Thomas Irving PARK
Mr Islam PEARSON
Company Number
09979933 (England and Wales)
Registered Office
SPRUNSTON
DURDAR
CARLISLE
CA5 7AP
UNITED KINGDOM
Accountants
Bidwell Accountancy Limited
103 Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
Buckinghamshire
MK14 6GD
GO LOW CARBON LIMITED
Statement of financial position
as at 29 February 2024
Tangible assets
87,014
22,114
Inventories
201,924
100,000
Cash at bank and in hand
173,826
60,464
Creditors: amounts falling due within one year
(430,134)
(100,956)
Net current assets
59,196
211,454
Total assets less current liabilities
146,210
233,568
Creditors: amounts falling due after more than one year
(65,223)
(199,539)
Called up share capital
4
4
Profit and loss account
80,983
34,025
Shareholders' funds
80,987
34,029
For the year ending 29 February 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 26 November 2024 and were signed on its behalf by
Mr Ryan Thomas Irving PARK
Director
Company Registration No. 09979933
GO LOW CARBON LIMITED
Notes to the Accounts
for the year ended 29 February 2024
GO LOW CARBON LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09979933. The registered office is SPRUNSTON, DURDAR, CARLISLE, CA5 7AP, UNITED KINGDOM.
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
Reducing Balance over 5 years
Motor vehicles
Reducing Balance over 5 years
Fixtures & fittings
Straight Line over 4 years
Computer equipment
Straight Line over 2 years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2023
12,200
13,500
25,700
Additions
1,625
81,995
83,620
At 29 February 2024
13,825
95,495
109,320
At 1 March 2023
-
3,586
3,586
Charge for the year
2,534
16,186
18,720
At 29 February 2024
2,534
19,772
22,306
At 29 February 2024
11,291
75,723
87,014
At 28 February 2023
12,200
9,914
22,114
GO LOW CARBON LIMITED
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Trade debtors
77,139
10,562
Accrued income and prepayments
21,368
-
Other debtors
15,073
141,384
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
185
64
Trade creditors
26,742
58,484
Taxes and social security
104,573
20,844
Other creditors
133,000
4,191
Loans from directors
(39,170)
2,190
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
27,977
-
8
Average number of employees
During the year the average number of employees was 12 (2023: 8).