Registered Number:12590217 |
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2024
AMP Renewable Energy Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
AMP Renewable Energy Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
11,590
-
2
11,590
-
-
3,440
3
Trade and other receivables |
-
15,990
4
10
Cash and cash equivalents |
14,656
34,086
10
Trade and other payables: amounts falling due within one |
year |
-
(42,680)
5
10
(8,594)
Net current liabilities
Total assets less current liabilities |
2,996
10
2,996
Net assets
10
10
10
2,986
-
2,996
10
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 24 February 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 May 2024
AMP Renewable Energy Ltd
Notes to the Financial Statements
Statutory Information
AMP Renewable Energy Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 12590217. |
Apex Office Space
1 Watervole Way
Doncaster
DN4 5JP
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Property, plant and equipment
Fixed Assest are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Furniture and Fittings
Debtors and creditors due within one year
Debtors and creditors with no stated interest rate, which are due within one year, are stated at the transcation price. |
Any losses arising from impairment are recognised in the statement of comprehensive income within administrative |
expenses. |
Impairment
At each balance sheet date, assets are reviewed to determine whether there is any indication that any of the |
individual assets have suffered an impairment. If such indication exists, the recoverable amount of the asset, or the |
assest cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds |
its recoverable amount, an impairment loss is recognised in the statement of comprehensive income. |
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For the year ended 31 May 2024
AMP Renewable Energy Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
13,635
10,717
600
2,318
2,318
600
10,717
13,635
Provision for depreciation and impairment |
Charge for year
2,045
1,607
90
348
2,045
1,607
90
348
1,970
510
9,110
11,590
2023
2024
3,440
-
Stocks are valued at cost price, after making allowance for obsolete and slow moving items. Income on work in progress contracts is recognised by reference to the valuation of the time spent on each contract at the year end. |
4. Trade and other receivables |
2023
2024
15,990
-
5. Trade and other payables: amounts falling due within one year |
2023
2024
256
-
Taxation and social security |
42,165
-
259
-
42,680
-
6. Average number of persons employed |
During the year the average number of employees was 4 (2023 : 4)
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