BIO GAS 51 LTD

Company Registration Number:
NI639172 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

BIO GAS 51 LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

BIO GAS 51 LTD

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 2,020,148 49,926
Total fixed assets: 2,020,148 49,926
Current assets
Debtors:   1,337,880 1,535,383
Cash at bank and in hand: 145,579 1,068,766
Total current assets: 1,483,459 2,604,149
Creditors: amounts falling due within one year:   (1,342,461) (1,074,733)
Net current assets (liabilities): 140,998 1,529,416
Total assets less current liabilities: 2,161,146 1,579,342
Total net assets (liabilities): 2,161,146 1,579,342
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,161,046 1,579,242
Shareholders funds: 2,161,146 1,579,342

The notes form part of these financial statements

BIO GAS 51 LTD

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 June 2025
and signed on behalf of the board by:

Name: Tom Campbell
Status: Director

The notes form part of these financial statements

BIO GAS 51 LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible fixed assets and depreciation policy

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows: Land and buildings freehold - 4% Straight line Plant and machinery - 15% Straight line The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

BIO GAS 51 LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

BIO GAS 51 LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 58,450
Additions 2,003,064
At 30 June 2024 2,061,514
Depreciation
At 01 July 2023 8,524
Charge for year 32,842
At 30 June 2024 41,366
Net book value
At 30 June 2024 2,020,148
At 30 June 2023 49,926

BIO GAS 51 LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Loans to directors

During the financial year, the company made a loan to a director amounting to £946,479.

BIO GAS 51 LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Changes in presentation and prior period adjustments

The directors undertook a review of the prior year financial statements and determined that there were significant errors included in these figures. Immediately upon discovery and in order that the financial statements show a true and fair view, they have corrected all of these errors by way of a prior year adjustment.