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REGISTERED NUMBER: 00565781 (England and Wales)















A E L BIOGAS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






A E L BIOGAS LIMITED (REGISTERED NUMBER: 00565781)






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




Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 7


A E L BIOGAS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: G J Shooter
O J L Shooter





SECRETARY: Mrs M Shooter





REGISTERED OFFICE: Church End
Friskney
Boston
Lincolnshire
PE22 8NE





REGISTERED NUMBER: 00565781 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
5 Resolution Close
Endeavour Park
Boston
Lincolnshire
PE21 7TT

A E L BIOGAS LIMITED (REGISTERED NUMBER: 00565781)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,397,597 1,535,938
Investments 5 11 11
1,397,608 1,535,949

CURRENT ASSETS
Stocks - 62,080
Debtors 6 2,012,293 1,968,552
Cash at bank 11,561 16,853
2,023,854 2,047,485
CREDITORS
Amounts falling due within one year 7 3,179,359 3,913,605
NET CURRENT LIABILITIES (1,155,505 ) (1,866,120 )
TOTAL ASSETS LESS CURRENT LIABILITIES 242,103 (330,171 )

CREDITORS
Amounts falling due after more than one year 8 (854,580 ) (1,232,472 )

PROVISIONS FOR LIABILITIES (217,497 ) (227,521 )
NET LIABILITIES (829,974 ) (1,790,164 )

CAPITAL AND RESERVES
Called up share capital 10 30,000 30,000
Share premium 86,015 86,015
Retained earnings (945,989 ) (1,906,179 )
SHAREHOLDERS' FUNDS (829,974 ) (1,790,164 )

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.

A E L BIOGAS LIMITED (REGISTERED NUMBER: 00565781)

STATEMENT OF FINANCIAL POSITION - 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 Board of Directors and authorised for issue on 22 January 2025 and were signed on its behalf by:





G J Shooter - Director


A E L BIOGAS LIMITED (REGISTERED NUMBER: 00565781)

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

1. STATUTORY INFORMATION

A E L Biogas 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

At the statement of financial position date the company had net current liabilities of £1,155,505 (2023 - £1,866,120). The company has financial support from the fellow group undertakings which at the statement of financial position date amounted to £1,591964, classified as falling due within one year.

Turnover
Turnover represents invoiced income accrued during the year, excluding value added tax, and is recognised on supply.

Tangible fixed assets
Fixed assets are valued at cost less depreciation.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc.- 5% - 25% on cost

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to sell, after making due allowance for obsolete and slow moving items.

Financial instruments
The company has chosen to adopt the FRS 102A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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 statement of financial position date.


A E L BIOGAS LIMITED (REGISTERED NUMBER: 00565781)

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

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 or finance leases are capitalised in the statement of financial
position. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those
held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

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

Rentals paid under operating leases are charged to the income statement on a straight line basis over the
period of the lease.

Investments
Fixed asset investments are stated at cost, unless in the opinion of the directors, there has been an impairment, in which case an appropriate adjustment has been made.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 3,807,890
Additions 48,740
Disposals (5,200 )
At 30 April 2024 3,851,430
DEPRECIATION
At 1 May 2023 2,271,952
Charge for year 187,081
Eliminated on disposal (5,200 )
At 30 April 2024 2,453,833
NET BOOK VALUE
At 30 April 2024 1,397,597
At 30 April 2023 1,535,938

A E L BIOGAS LIMITED (REGISTERED NUMBER: 00565781)

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

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 May 2023
and 30 April 2024 11
NET BOOK VALUE
At 30 April 2024 11
At 30 April 2023 11

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 592,423 320,989
Amounts owed by group undertakings 1,350,394 1,581,812
Other debtors 69,476 65,751
2,012,293 1,968,552

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
AMC loans 125,388 102,735
Amounts owed to group undertakings 1,591,964 3,451,094
Taxation and social security 1,092,673 285,288
Other creditors 369,334 74,488
3,179,359 3,913,605

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
AMC loans 854,580 1,232,472

Amounts falling due in more than five years:

Repayable by instalments
AMC loans 265,777 752,623

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
AMC loans 979,968 1,335,207

The long term loan is secured by land held within the group as part of a cross guarantee agreement.

A E L BIOGAS LIMITED (REGISTERED NUMBER: 00565781)

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

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
30,000 Ordinary £1 30,000 30,000

11. ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by A.E. Lenton (Holdings) Limited, a company incorporated and registered in England and Wales.The registered office and principal place of business of A.E. Lenton (Holdings) Limited is:

Church End
Friskney
Boston
Lincolnshire
PE22 8NE