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REGISTERED NUMBER: 08611801 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

TIMBERPRIDE WASTE ENERGY LTD

TIMBERPRIDE WASTE ENERGY LTD (REGISTERED NUMBER: 08611801)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


TIMBERPRIDE WASTE ENERGY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mrs V L J Golesworthy
A J Golesworthy





REGISTERED OFFICE: Timberpride Limited
Quercus Road
Tetbury
Gloucestershire
GL8 8GX





REGISTERED NUMBER: 08611801 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
4th Floor
St James House
St James Square
Cheltenham
Gloucestershire
GL50 3PR

TIMBERPRIDE WASTE ENERGY LTD (REGISTERED NUMBER: 08611801)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 59,204 65,216

CURRENT ASSETS
Debtors 5 35 4,975

CREDITORS
Amounts falling due within one year 6 30,039 28,831
NET CURRENT LIABILITIES (30,004 ) (23,856 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,200

41,360

CREDITORS
Amounts falling due after more than one
year

7

100,178

102,341
NET LIABILITIES (70,978 ) (60,981 )

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings (71,178 ) (61,181 )
(70,978 ) (60,981 )

TIMBERPRIDE WASTE ENERGY LTD (REGISTERED NUMBER: 08611801)

STATEMENT OF FINANCIAL POSITION - continued
30 SEPTEMBER 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2024 and were signed on its behalf by:





Mrs V L J Golesworthy - Director


TIMBERPRIDE WASTE ENERGY LTD (REGISTERED NUMBER: 08611801)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Timberpride Waste Energy Ltd 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.

The directors consider that in preparing the financial statements they have taken into account all information available, and on this basis the financial statements are prepared on a going concern basis.

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.
Improvements to property - 4% on cost
Plant and machinery - 10% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

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

TIMBERPRIDE WASTE ENERGY LTD (REGISTERED NUMBER: 08611801)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


4. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
£    £    £   
Cost
At 1 October 2023
and 30 September 2024 25,026 137,611 162,637
Depreciation
At 1 October 2023 9,910 87,511 97,421
Charge for year 1,001 5,011 6,012
At 30 September 2024 10,911 92,522 103,433
Net book value
At 30 September 2024 14,115 45,089 59,204
At 30 September 2023 15,116 50,100 65,216

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 21 2,975
Other debtors 14 2,000
35 4,975

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 17,145 23,205
Trade creditors 84 144
Amounts owed to group undertakings 11,970 4,001
Taxation and social security - 361
Other creditors 840 1,120
30,039 28,831

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 100,178 102,341

8. RELATED PARTY DISCLOSURES

During the year, Timberpride Limited a connected company, by virtue of common control, loaned the company £7,244 (2023: £2,000) and paid expenses on behalf of the company of £725 (2023: £nil). The balance outstanding at the balance sheet date and included within creditors:amounts owed to group companies was£11,970 (2023: £4,001). The loan is unsecured, interest free and carry no fixed date of repayment.