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REGISTERED NUMBER: 13058518 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

DUNCAN RENEWABLE POWER LIMITED

DUNCAN RENEWABLE POWER LIMITED (REGISTERED NUMBER: 13058518)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


DUNCAN RENEWABLE POWER LIMITED (REGISTERED NUMBER: 13058518)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 177,157 115,897

CURRENT ASSETS
Stocks 76,100 41,738
Debtors 5 373,389 441,350
Cash at bank 690,369 366,965
1,139,858 850,053
CREDITORS
Amounts falling due within one year 6 755,880 504,471
NET CURRENT ASSETS 383,978 345,582
TOTAL ASSETS LESS CURRENT
LIABILITIES

561,135

461,479

CREDITORS
Amounts falling due after more than one
year

7

(112,193

)

(82,077

)

PROVISIONS FOR LIABILITIES (43,966 ) (28,580 )
NET ASSETS 404,976 350,822

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 404,876 350,722
404,976 350,822

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 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.

DUNCAN RENEWABLE POWER LIMITED (REGISTERED NUMBER: 13058518)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 January 2025 and were signed by:





P Blair - Director


DUNCAN RENEWABLE POWER LIMITED (REGISTERED NUMBER: 13058518)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Duncan Renewable Power 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: 13058518

Registered office: Unit 2
Rudgate Business Park
Tockwith
York
YO26 7RD

The presentation currency of the financial statements is the Pound Sterling, which is the functional currency of the company, rounded to the nearest £1.

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 represents net invoiced sales of goods and services, excluding Value Added Tax.

Income is recognised based on stage of completion of projects. Deposits received in advance of work commencing are included in other creditors, only being recognised as income when work is substantially complete.

Income is recognised on contracts that have not yet been invoiced based on stage of completion and is included in accrued income.

Where costs have been incurred that relate to future activity, these materials purchased are included within stock.

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 - 33% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on cost and 20% on cost
Computer equipment - 20% on cost

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses.

Stocks
Work in progress is valued at the lower of cost and net realisable value.


DUNCAN RENEWABLE POWER LIMITED (REGISTERED NUMBER: 13058518)

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

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost using the effective rate of interest.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 10 ) .

DUNCAN RENEWABLE POWER LIMITED (REGISTERED NUMBER: 13058518)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 5,383 546 133,297 3,836 143,062
Additions - - 121,520 1,727 123,247
At 30 April 2024 5,383 546 254,817 5,563 266,309
DEPRECIATION
At 1 May 2023 2,619 122 23,653 771 27,165
Charge for year 1,921 112 58,933 1,021 61,987
At 30 April 2024 4,540 234 82,586 1,792 89,152
NET BOOK VALUE
At 30 April 2024 843 312 172,231 3,771 177,157
At 30 April 2023 2,764 424 109,644 3,065 115,897

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 344,833 316,642
Other debtors 50 250
Directors' current accounts 4,070 1,120
Prepayments and accrued income 24,436 123,338
373,389 441,350

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 46,135 25,929
Trade creditors 295,304 87,476
Amounts owed to group undertakings - 18,189
Social security and other taxes 91,963 66,422
VAT 49,382 21,891
Other creditors 251,774 196,421
Accruals and deferred income 21,322 88,143
755,880 504,471

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 112,193 82,077

DUNCAN RENEWABLE POWER LIMITED (REGISTERED NUMBER: 13058518)

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

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

A director was advanced £17,950 (2023 - £nil) by the company and repaid £15,000 (2023 - £nil) during the year. £4,070 (2023 - £1,120) was owed to the company as at 30 April 2024.
No interest is paid on this balance and it is repayable to the company on demand.