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REGISTERED NUMBER: 12337849 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

LOW CARBON ESTATES LTD

LOW CARBON ESTATES LTD (REGISTERED NUMBER: 12337849)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LOW CARBON ESTATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: A K Slaney
C E Slaney





REGISTERED OFFICE: Clockwise
Broadwalk House
Southernhay West
Exeter
Devon
EX1 1TS





REGISTERED NUMBER: 12337849 (England and Wales)





ACCOUNTANTS: Sheppard Rockey & Williams Ltd
Sannerville Chase
Exminster
Exeter
Devon
EX6 8AT

LOW CARBON ESTATES LTD (REGISTERED NUMBER: 12337849)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,230 9,365

CURRENT ASSETS
Stocks 25,305 15,886
Debtors 5 100,097 129,851
Cash at bank 71,443 142,613
196,845 288,350
CREDITORS
Amounts falling due within one year 6 34,248 45,954
NET CURRENT ASSETS 162,597 242,396
TOTAL ASSETS LESS CURRENT
LIABILITIES

170,827

251,761

PROVISIONS FOR LIABILITIES 1,616 2,203
NET ASSETS 169,211 249,558

CAPITAL AND RESERVES
Called up share capital 8 200 200
Retained earnings 169,011 249,358
SHAREHOLDERS' FUNDS 169,211 249,558

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

LOW CARBON ESTATES LTD (REGISTERED NUMBER: 12337849)

BALANCE SHEET - continued
31 DECEMBER 2024


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 28 February 2025 and were signed on its behalf by:




A K Slaney - Director



C E Slaney - Director


LOW CARBON ESTATES LTD (REGISTERED NUMBER: 12337849)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Low Carbon Estates Ltd 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.

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 etc - 25% on cost and 15% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

LOW CARBON ESTATES LTD (REGISTERED NUMBER: 12337849)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2024 4,886 18,665 23,551
Additions - 4,332 4,332
At 31 December 2024 4,886 22,997 27,883
DEPRECIATION
At 1 January 2024 1,952 12,235 14,187
Charge for year 732 4,734 5,466
At 31 December 2024 2,684 16,969 19,653
NET BOOK VALUE
At 31 December 2024 2,202 6,028 8,230
At 31 December 2023 2,934 6,430 9,364

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 39,298 29,899
Other debtors 60,799 99,952
100,097 129,851

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 9,103 1,735
Taxation and social security 12,519 37,504
Other creditors 12,626 6,715
34,248 45,954

LOW CARBON ESTATES LTD (REGISTERED NUMBER: 12337849)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.24 31.12.23
£    £   
Within one year 7,415 7,415
Between one and five years 12,975 20,390
20,390 27,805

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary A shares £1 100 100
100 Ordinary B shares £1 100 100
200 200

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
A K Slaney
Balance outstanding at start of year 99,952 504
Amounts advanced 84,547 126,258
Amounts repaid (124,191 ) (26,810 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 60,308 99,952

The loan is unsecured, subject to interest at the official rate and repayable on demand.