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Company Registration No. 11964426 (England and Wales)
Westbridge Renewable Energy Asset Management Limited Unaudited accounts for the year ended 30 April 2024
Westbridge Renewable Energy Asset Management Limited Unaudited accounts Contents
Page
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Westbridge Renewable Energy Asset Management Limited Company Information for the year ended 30 April 2024
Directors
Stefano Romanin Philip Stubbs
Company Number
11964426 (England and Wales)
Registered Office
20 NORTH AUDLEY STREET LONDON W1K 6LX ENGLAND
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Westbridge Renewable Energy Asset Management Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
23,190 
437,756 
Cash at bank and in hand
53,590 
73,280 
76,780 
511,036 
Creditors: amounts falling due within one year
(292,681)
(499,995)
Net current (liabilities)/assets
(215,901)
11,041 
Net (liabilities)/assets
(215,901)
11,041 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(216,001)
10,941 
Shareholders' funds
(215,901)
11,041 
For the year ending 30 April 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 29 January 2024 and were signed on its behalf by
Stefano Romanin Director Company Registration No. 11964426
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Westbridge Renewable Energy Asset Management Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Westbridge Renewable Energy Asset Management Limited is a private company, limited by shares, registered in England and Wales, registration number 11964426. The registered office is 20 NORTH AUDLEY STREET, LONDON, W1K 6LX, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The financial statements have been prepared on the going concern basis which assumes that the Company will be able to continue trading for the foreseeable future. The directors, having made reasonable enquiries, have determined that agreements in place will ensure that the business has the required resources to continue trading for the foreseeable future. As such, the directors are satisfied that preparation on the going concern basis is appropriate.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
204,711 
Amounts due from group undertakings etc.
- 
(3,599)
Other debtors
23,190 
236,644 
23,190 
437,756 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(8,310)
26,378 
Trade creditors
16,835 
122,750 
Amounts owed to group undertakings and other participating interests
258,213 
- 
Taxes and social security
25,946 
2,913 
Other creditors
(3)
181,808 
Accruals
- 
166,146 
292,681 
499,995 
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Westbridge Renewable Energy Asset Management Limited Notes to the Accounts for the year ended 30 April 2024
6
Controlling party
As at the date of approval of these accounts, the ultimate controlling party of the Company is Westbridge Renewable Energy Corp, a company incorporated under that laws of British Columbia, Canada, whose registered office is Suite 615, 800 West Pender Street, British Columbia, Canada.
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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