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REGISTERED NUMBER: 06960756










Unaudited Financial Statements for the Year Ended 31 July 2024

for

Low Carbon Technology Limited

Low Carbon Technology Limited (Registered number: 06960756)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Low Carbon Technology Limited

Company Information
for the Year Ended 31 July 2024







DIRECTOR: K Selvester





REGISTERED OFFICE: 4 Capricorn Centre
Cranes Farm Road
Basildon
Essex
SS13 1AN





REGISTERED NUMBER: 06960756





ACCOUNTANTS: Vellender Lewis Accountants Limited
4 Capricorn Centre
Cranes Farm Road
Basildon
Essex
SS14 3JJ

Low Carbon Technology Limited (Registered number: 06960756)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 221,776 114,693

CURRENT ASSETS
Debtors 5 661,382 982,553
Cash at bank 364,708 472,207
1,026,090 1,454,760
CREDITORS
Amounts falling due within one year 6 777,751 1,260,622
NET CURRENT ASSETS 248,339 194,138
TOTAL ASSETS LESS CURRENT
LIABILITIES

470,115

308,831

CREDITORS
Amounts falling due after more than one
year

7

(148,731

)

(73,629

)

PROVISIONS FOR LIABILITIES (17,669 ) (21,792 )
NET ASSETS 303,715 213,410

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 303,713 213,408
303,715 213,410

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Technology Limited (Registered number: 06960756)

Balance Sheet - continued
31 July 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 director and authorised for issue on 5 September 2024 and were signed by:





K Selvester - Director


Low Carbon Technology Limited (Registered number: 06960756)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Low Carbon Technology Limited is a private company, limited by shares , registered in Not specified/Other. 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.

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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 8 ) .

Low Carbon Technology Limited (Registered number: 06960756)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 189,150
Additions 193,083
Disposals (126,289 )
At 31 July 2024 255,944
DEPRECIATION
At 1 August 2023 74,457
Charge for year 2,807
Eliminated on disposal (43,096 )
At 31 July 2024 34,168
NET BOOK VALUE
At 31 July 2024 221,776
At 31 July 2023 114,693

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 625,084 982,553
Other debtors 36,298 -
661,382 982,553

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 72,905 156,533
Hire purchase contracts 20,721 84,351
Trade creditors 550,207 908,968
Taxation and social security 130,782 109,071
Other creditors 3,136 1,699
777,751 1,260,622

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans - 73,629
Hire purchase contracts 148,731 -
148,731 73,629