for the Period Ended 31 July 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 July 2024
Principal activities of the company
Political and charitable donations
Additional information
Future prospects The Company is working with the University to consider how on campus energy production can be developed to improve efficiency of heat and power generated and reduction of footprint There are likely to be a range of investment options across the campus with the Company and the University working in partnership to consider these. Going Concern The activities of the Company, together with the factors likely to affect its future growth and performance, are financial statements and accompanying notes. Management has prepared an operational budget and cash-flow forecast for the 2024/25 financial year. The Company has sufficient financial resources and the directors believe that the Company can manage its business activity successfully. The Harper Adams University (as ultimate holding company) has provided a letter of support to the directors which confirms that it will extend short-term working capital facilities if required, to provide further assurance that the company is in a position to settle its liabilities for at least 12 months of the date of signing these financial statements. Accordingly, the directors have a reasonable expectation that the Company has sufficient resources to continue its operations, and funds to meet its liabilities, as they fall due for at least 12 months from the date of approval of the financial statements, and for this reason will continue to adopt a going concern basis in the preparation of its financial statements. Directors The directors of the Company during the year, and up to the date of signing of these financial statements, were as follows: Mrs S E Furey Ms J L Horsburgh No director received any remuneration through Cedar Energy Limited for their position as a director of the company.
Directors
The directors shown below have held office during the whole of the period from
1 August 2023
to
31 July 2024
Secretary
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2024 | 2023 | |
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£ |
£ |
Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Administrative expenses: |
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(
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Operating profit(or loss): |
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Interest payable and similar charges: |
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(
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Profit(or loss) before tax: |
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Tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 2024 | 2023 | |
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£ |
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Fixed assets | |||
Tangible assets: | 3 |
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Total fixed assets: |
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Current assets | |||
Stocks: | 4 |
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Debtors: | 5 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 6 |
(
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(
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Net current assets (liabilities): |
( |
( |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: | 7 |
(
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(
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Provision for liabilities: |
(
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(
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Total net assets (liabilities): |
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Capital and reserves | |||
Called up share capital: |
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Profit and loss account: |
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Total Shareholders' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 July 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Intangible fixed assets amortisation policy
Valuation information and policy
Other accounting policies
for the Period Ended 31 July 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 July 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 August 2023 |
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Additions | ||||||
Disposals |
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Revaluations | ||||||
Transfers | ||||||
At 31 July 2024 |
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Depreciation | ||||||
At 1 August 2023 |
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Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 31 July 2024 |
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Net book value | ||||||
At 31 July 2024 |
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At 31 July 2023 |
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for the Period Ended 31 July 2024
2024 | 2023 | |
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£ | £ | |
Stocks |
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Total |
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for the Period Ended 31 July 2024
2024 | 2023 | |
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£ | £ | |
Trade debtors |
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Other debtors |
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Total |
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for the Period Ended 31 July 2024
2024 | 2023 | |
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£ | £ | |
Trade creditors |
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Accruals and deferred income |
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Other creditors |
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Total |
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for the Period Ended 31 July 2024
2024 | 2023 | |
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£ | £ | |
Other creditors |
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Total |
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