2023-06-01 12590217 2024-05-31 12590217 2023-06-01 2024-05-31 12590217 2023-05-31 12590217 2022-06-01 2023-05-31 12590217 uk-core:WithinOneYear 2023-05-31 12590217 uk-core:WithinOneYear 2024-05-31 12590217 uk-core:ShareCapital 2024-05-31 12590217 uk-core:ShareCapital 2023-05-31 12590217 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 12590217 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 12590217 uk-bus:Director1 2023-06-01 2024-05-31 12590217 uk-bus:Director2 2023-06-01 2024-05-31 12590217 uk-core:PlantMachinery 2023-06-01 2024-05-31 12590217 uk-core:ComputerEquipment 2023-06-01 2024-05-31 12590217 uk-core:FurnitureFittings 2023-06-01 2024-05-31 12590217 uk-core:PlantMachinery 2024-05-31 12590217 uk-core:FurnitureFittings 2024-05-31 12590217 uk-core:ComputerEquipment 2024-05-31 iso4217:GBP xbrli:pure 12590217 uk-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 12590217 uk-bus:FRS102 2023-06-01 2024-05-31 12590217 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 12590217 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
AMP Renewable Energy Ltd
Registered Number:12590217
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
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
3
Registered Number :
12590217
As at 31 May 2024
AMP Renewable Energy Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
11,590
-
2
11,590
-
Current assets
Inventories
-
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
Capital and reserves
Called up share capital
10
10
Retained earnings
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.
Mr. A.M. Pears Director
Mr. M.S. Parks Director
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
1 of 3
4
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.
Registered address:
Apex Office Space
1 Watervole Way
Doncaster
DN4 5JP
The presentation currency is £ sterling.
1. Accounting policies
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
15% Reducing balance
15% Reducing balance
Computer Equipment
15% Reducing balance
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.
2 of 3
5
For the year ended 31 May 2024
AMP Renewable Energy Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Plant and
Machinery
£
£
£
£
Cost or
valuation
13,635
10,717
600
2,318
Additions
At 31 May 2024
2,318
600
10,717
13,635
Provision for depreciation and impairment
Charge for year
2,045
1,607
90
348
At 31 May 2024
2,045
1,607
90
348
At 31 May 2024
Net book value
1,970
510
9,110
11,590
3. Inventories
2023
2024
£
£
Stocks
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
£
£
Trade debtors
15,990
-
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
256
-
Taxation and social security
42,165
-
Other creditors
259
-
42,680
-
6. Average number of persons employed
During the year the average number of employees was 4 (2023 : 4)
3 of 3