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REGISTERED NUMBER: 08653731 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Booth Brothers Energy Limited

Booth Brothers Energy Limited (Registered number: 08653731)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Booth Brothers Energy Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mr. C E Booth
Mr. A J Booth





REGISTERED OFFICE: Smeathalls Farm
Birkin Lane
Birkin
Knottingley
West Yorkshire
WF11 9LZ





REGISTERED NUMBER: 08653731 (England and Wales)





ACCOUNTANTS: Crowther Chartered Accountants
Abacus House
Pennine Business Park
Longbow Close
Huddersfield
West Yorkshire
HD2 1GQ

Booth Brothers Energy Limited (Registered number: 08653731)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 1,606,592 1,710,705

CURRENT ASSETS
Stocks 5 45,000 45,000
Debtors 6 1,067,592 676,214
Cash at bank 122,591 66,317
1,235,183 787,531
CREDITORS
Amounts falling due within one year 7 2,140,697 2,338,514
NET CURRENT LIABILITIES (905,514 ) (1,550,983 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

701,078

159,722

CREDITORS
Amounts falling due after more than one
year

8

123,600

101,327
NET ASSETS 577,478 58,395

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 9 577,477 58,394
SHAREHOLDERS' FUNDS 577,478 58,395

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Booth Brothers Energy Limited (Registered number: 08653731)

Balance Sheet - continued
30 April 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 Board of Directors and authorised for issue on 23 December 2024 and were signed on its behalf by:




Mr. C E Booth - Director



Mr. A J Booth - Director


Booth Brothers Energy Limited (Registered number: 08653731)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Booth Brothers Energy 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.

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.

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

At each reporting date the company assess whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery- 4% & 10% on cost

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.

Booth Brothers Energy Limited (Registered number: 08653731)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£
COST
At 1 May 2023 3,249,765
Additions 80,000
At 30 April 2024 3,329,765
DEPRECIATION
At 1 May 2023 1,539,060
Charge for year 184,113
At 30 April 2024 1,723,173
NET BOOK VALUE
At 30 April 2024 1,606,592
At 30 April 2023 1,710,705

5. STOCKS
30.4.24 30.4.23
£ £
Raw materials 45,000 45,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£ £
Trade debtors 119,177 22,360
Amounts owed by group undertakings 555,164 285,557
VAT 17,202 19,315
Prepayments and accrued income 376,049 348,982
1,067,592 676,214

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£ £
Hire purchase contracts 51,125 32,352
Trade creditors 49,678 51,723
Amounts owed to group undertakings 2,033,399 2,248,399
Accruals and deferred income 6,495 6,040
2,140,697 2,338,514

Booth Brothers Energy Limited (Registered number: 08653731)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£ £
Hire purchase contracts 123,600 101,327

Amounts falling due in more than five years:

Repayable by instalments
Hire purchase 8,355 10,784

9. RESERVES
Retained
earnings
£

At 1 May 2023 58,394
Profit for the year 659,083
Dividends (140,000 )
At 30 April 2024 577,477

10. RELATED PARTY DISCLOSURES

The company has identified the following transactions which are to be disclosed under the terms of FRS 102 "Related party transactions".

Smeathalls Farm Energy Limited

At the balance sheet date the company owed Smeathalls Farm Energy Limited £2,033,399 (2023:
£2,248,399) by way of an intercompany loan. Smeathalls Farm Energy Limited owns 100% of the shares held in the company.

11. ULTIMATE CONTROLLING PARTY

The controlling party is Smeathalls Farm Energy Limited.

The ultimate controlling party is its directors.