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REGISTERED NUMBER: 06690466 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

SOLAR GREEN RENEWABLE ENERGY LIMITED

SOLAR GREEN RENEWABLE ENERGY LIMITED (REGISTERED NUMBER: 06690466)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SOLAR GREEN RENEWABLE ENERGY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: J N DUMMER
A WAKEFIELD
M M KILEI





SECRETARY: M A MYERS





REGISTERED OFFICE: 1 ROYAL EXCHANGE
LONDON
EC3V 3DG





REGISTERED NUMBER: 06690466 (England and Wales)





ACCOUNTANTS: GOLDWYNS
CHARTERED ACCOUNTANTS
1 ROYAL EXCHANGE
LONDON
EC3V 3DG

SOLAR GREEN RENEWABLE ENERGY LIMITED (REGISTERED NUMBER: 06690466)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 682 1,023

CURRENT ASSETS
Cash at bank - 12

CREDITORS
Amounts falling due within one year 5 471,298 435,225
NET CURRENT LIABILITIES (471,298 ) (435,213 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(470,616

)

(434,190

)

CAPITAL AND RESERVES
Called up share capital 200 200
Share premium 3,980 3,980
Retained earnings (474,796 ) (438,370 )
SHAREHOLDERS' FUNDS (470,616 ) (434,190 )

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

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

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 and authorised for issue by the Board of Directors and authorised for issue on 27 March 2025 and were signed on its behalf by:





J N DUMMER - Director


SOLAR GREEN RENEWABLE ENERGY LIMITED (REGISTERED NUMBER: 06690466)

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

1. STATUTORY INFORMATION

SOLAR GREEN RENEWABLE ENERGY LIMITED 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.

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.

Going concern
The company is in a net liabilities position of £470,616 as at 31 March 2024 and incurred a loss of £36,426 for the period to 31 March 2024. These factors raise doubt that the company will be able to continue as a going concern. However, the financial statements have been prepared on a going concern basis, on the assumption of continuing availability of financial support from the directors and shareholders. The financial statements do not include any adjustments that would arise from failure to obtain the financial support.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - Straight line over 4 years

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

SOLAR GREEN RENEWABLE ENERGY LIMITED (REGISTERED NUMBER: 06690466)

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2023
and 31 March 2024 2,492
DEPRECIATION
At 1 April 2023 1,469
Charge for year 341
At 31 March 2024 1,810
NET BOOK VALUE
At 31 March 2024 682
At 31 March 2023 1,023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 109,013 107,666
Directors' loan accounts 320,285 289,059
Accrued expenses 42,000 38,500
471,298 435,225

6. CONTINGENT LIABILITIES

Interest on loans payable is dependent upon successful completion of a project.