Company Registration No. 12376999 (England and Wales)
BRIT Renewables Limited
Unaudited accounts
for the year ended 31 December 2024
BRIT Renewables Limited
Unaudited accounts
Contents
BRIT Renewables Limited
Company Information
for the year ended 31 December 2024
Director
Ravishankar Tumuluri
Company Number
12376999 (England and Wales)
Registered Office
Badgers Farm
Willowpit Lane
Hilton
Derby
Derbyshire
DE65 5FN
England
Accountants
Lunar Accountancy Ltd
41 Lancaster Gate
London
W2 3NA
BRIT Renewables Limited
Statement of financial position
as at 31 December 2024
Investments
1,100,090
1,100,055
Cash at bank and in hand
-
17,016
Creditors: amounts falling due within one year
(463)
(362)
Net current assets
429,506
372,863
Total assets less current liabilities
1,529,596
1,472,918
Creditors: amounts falling due after more than one year
(1,698,939)
(1,494,194)
Net liabilities
(169,343)
(21,276)
Called up share capital
100
100
Profit and loss account
(169,443)
(21,376)
Shareholders' funds
(169,343)
(21,276)
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 27 January 2025 and were signed on its behalf by
Ravishankar Tumuluri
Director
Company Registration No. 12376999
BRIT Renewables Limited
Notes to the Accounts
for the year ended 31 December 2024
BRIT Renewables Limited is a private company, limited by shares, registered in England and Wales, registration number 12376999. The registered office is Badgers Farm, Willowpit Lane, Hilton, Derby, Derbyshire, DE65 5FN, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Investments
Subsidiary undertakings
Valuation at 1 January 2024
1,100,055
Valuation at 31 December 2024
1,100,090
Amounts falling due within one year
Trade debtors
16,739
16,740
Accrued income and prepayments
100
100
Amounts falling due after more than one year
Amounts due from group undertakings etc.
-
339,352
6
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
-
55
BRIT Renewables Limited
Notes to the Accounts
for the year ended 31 December 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
836,235
703,468
Other creditors
829,683
751,790
8
Transactions with related parties
As of December 31 2024, the company has a payable balance of £43,773 to Tyler Hill Solar Limited and £792,462 to Tyler Hill Ventures Limited ; refer to Note 7.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).