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REGISTERED NUMBER: 06465659 (England and Wales)















BIO-UK FUELS (SHEFFIELD) LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024






BIO-UK FUELS (SHEFFIELD) LIMITED (REGISTERED NUMBER: 06465659)

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


BIO-UK FUELS (SHEFFIELD) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: A P Reynolds
M Simpkins





REGISTERED OFFICE: 5 Cherrytree
Union Road
Sheffield
South Yorkshire
S11 9EF





REGISTERED NUMBER: 06465659 (England and Wales)





ACCOUNTANTS: Duncan Chartered Accountants
5 Cherrytree
Union Road
Sheffield
South Yorkshire
S11 9EF

BIO-UK FUELS (SHEFFIELD) LIMITED (REGISTERED NUMBER: 06465659)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 3,809 4,232
Tangible assets 5 62,865 73,438
66,674 77,670

CURRENT ASSETS
Stocks 2,600 2,600
Debtors 6 88,052 79,527
Cash at bank and in hand 32,996 49,872
123,648 131,999
CREDITORS
Amounts falling due within one year 7 72,404 70,218
NET CURRENT ASSETS 51,244 61,781
TOTAL ASSETS LESS CURRENT
LIABILITIES

117,918

139,451

CREDITORS
Amounts falling due after more than one
year

8

(18,672

)

(30,786

)

PROVISIONS FOR LIABILITIES (14,673 ) (17,418 )
NET ASSETS 84,573 91,247

BIO-UK FUELS (SHEFFIELD) LIMITED (REGISTERED NUMBER: 06465659)

BALANCE SHEET - continued
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 84,473 91,147
SHAREHOLDERS' FUNDS 84,573 91,247

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.

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 16 January 2025 and were signed on its behalf by:




A P Reynolds - Director



M Simpkins - Director


BIO-UK FUELS (SHEFFIELD) LIMITED (REGISTERED NUMBER: 06465659)

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


1. STATUTORY INFORMATION

Bio-uk Fuels (Sheffield) 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible fixed assets
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten years.
Other intangibles represent licences acquired in 2008, which are being amortised by 10% on a reducing balance basis.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

BIO-UK FUELS (SHEFFIELD) LIMITED (REGISTERED NUMBER: 06465659)

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


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 80,300
AMORTISATION
At 1 May 2023 76,068
Charge for year 423
At 30 April 2024 76,491
NET BOOK VALUE
At 30 April 2024 3,809
At 30 April 2023 4,232

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 May 2023 165,739 7,210 627 173,576
Additions 13,123 - - 13,123
Disposals (11,111 ) (6,960 ) - (18,071 )
At 30 April 2024 167,751 250 627 168,628
DEPRECIATION
At 1 May 2023 92,644 6,867 627 100,138
Charge for year 20,949 6 - 20,955
Eliminated on disposal (8,689 ) (6,641 ) - (15,330 )
At 30 April 2024 104,904 232 627 105,763
NET BOOK VALUE
At 30 April 2024 62,847 18 - 62,865
At 30 April 2023 73,095 343 - 73,438

BIO-UK FUELS (SHEFFIELD) LIMITED (REGISTERED NUMBER: 06465659)

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


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 23,181 27,996
Other debtors 64,871 51,531
88,052 79,527

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts (see note 9) 6,297 6,737
Taxation and social security 22,927 30,202
VAT 23,032 21,102
Other creditors 425 365
Pension Control 384 592
Directors' current accounts 18,759 10,088
Accrued expenses 580 1,132
72,404 70,218

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts (see note 9) 18,672 23,762
Directors' current accounts - 7,024
18,672 30,786

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
30.4.24 30.4.23
£    £   
Net obligations repayable:
Within one year 6,297 6,737
Between one and five years 18,672 23,762
24,969 30,499

BIO-UK FUELS (SHEFFIELD) LIMITED (REGISTERED NUMBER: 06465659)

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


9. LEASING AGREEMENTS - continued

Non-cancellable operating leases
30.4.24 30.4.23
£    £   
Within one year 50,000 50,000
Between one and five years 154,167 200,000
In more than five years - 4,166
204,167 254,166

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
100 ORD 1.00 100 100

11. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.