Batteries And Solar Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10431108

		2024		2023 as restated
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		11,223		13,824

			11,223		13,824
CURRENT ASSETS
Stocks	5	634,281		680,790
Debtors	6	85,910		123,532
Cash at bank and in hand		25,680		3,000

		745,871		807,322
Creditors: Amounts Falling Due Within One Year	7	(310,917 )		(376,226 )

NET CURRENT ASSETS (LIABILITIES)			434,954		431,096

TOTAL ASSETS LESS CURRENT LIABILITIES			446,177		444,920

NET ASSETS			446,177		444,920

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			446,176		444,919

SHAREHOLDERS' FUNDS			446,177		444,920

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Batteries And Solar Ltd

Balance Sheet (continued)

As At 31 October 2024

For the year ending 31 October 2024 the company was entitled to exemption from audit 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.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Jonathan Millmore

Director

17 June 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Batteries And Solar Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10431108 . The registered office is 61 St. Modwen Road, Plymouth, PL6 8LH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% Reducing balance
Motor Vehicles	20% Reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Batteries And Solar Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2024

2.5. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax is recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current tax is recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 19 (2023: 19)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 November 2023	7,691	28,143	35,834

As at 31 October 2024	7,691	28,143	35,834

Depreciation
As at 1 November 2023	4,424	17,586	22,010
Provided during the period	490	2,111	2,601

As at 31 October 2024	4,914	19,697	24,611

Net Book Value
As at 31 October 2024	2,777	8,446	11,223

As at 1 November 2023	3,267	10,557	13,824

5. Stocks

	2024	2023 as restated
	£	£
Stock	634,281	680,790

6. Debtors

	2024	2023 as restated
	£	£
Due within one year
Trade debtors	85,910	123,532

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Batteries And Solar Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2024

7. Creditors: Amounts Falling Due Within One Year

	2024	2023 as restated
	£	£
Trade creditors	149,292	151,567
Bank loans and overdrafts	6,478	16,805
Corporation tax	38,892	60,024
PAYE	11,074	-
VAT	100,881	122,419
Accruals and deferred income	4,300	5,312
Directors' loan accounts	-	20,099

	310,917	376,226

8. Share Capital

	2024	2023 as restated
	£	£
Allotted, Called up and fully paid	1	1

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