2024-04-012025-03-312025-03-31false08555033STRATHMORE RENEWABLES LTD2025-07-1035110falseiso4217:GBPxbrli:pure085550332024-04-01085550332025-03-31085550332024-04-012025-03-31085550332023-04-01085550332024-03-31085550332023-04-012024-03-3108555033bus:SmallEntities2024-04-012025-03-3108555033bus:AuditExempt-NoAccountantsReport2024-04-012025-03-3108555033bus:FullAccounts2024-04-012025-03-3108555033bus:PrivateLimitedCompanyLtd2024-04-012025-03-3108555033core:WithinOneYear2025-03-3108555033core:AfterOneYear2025-03-3108555033core:WithinOneYear2024-03-3108555033core:AfterOneYear2024-03-3108555033core:ShareCapital2025-03-3108555033core:SharePremium2025-03-3108555033core:RevaluationReserve2025-03-3108555033core:OtherReservesSubtotal2025-03-3108555033core:RetainedEarningsAccumulatedLosses2025-03-3108555033core:ShareCapital2024-03-3108555033core:SharePremium2024-03-3108555033core:RevaluationReserve2024-03-3108555033core:OtherReservesSubtotal2024-03-3108555033core:RetainedEarningsAccumulatedLosses2024-03-3108555033core:LandBuildings2025-03-3108555033core:PlantMachinery2025-03-3108555033core:Vehicles2025-03-3108555033core:FurnitureFittings2025-03-3108555033core:OfficeEquipment2025-03-3108555033core:NetGoodwill2025-03-3108555033core:IntangibleAssetsOtherThanGoodwill2025-03-3108555033core:ListedExchangeTraded2025-03-3108555033core:UnlistedNon-exchangeTraded2025-03-3108555033core:LandBuildings2024-03-3108555033core:PlantMachinery2024-03-3108555033core:Vehicles2024-03-3108555033core:FurnitureFittings2024-03-3108555033core:OfficeEquipment2024-03-3108555033core:NetGoodwill2024-03-3108555033core:IntangibleAssetsOtherThanGoodwill2024-03-3108555033core:ListedExchangeTraded2024-03-3108555033core:UnlistedNon-exchangeTraded2024-03-3108555033core:LandBuildings2024-04-012025-03-3108555033core:PlantMachinery2024-04-012025-03-3108555033core:Vehicles2024-04-012025-03-3108555033core:FurnitureFittings2024-04-012025-03-3108555033core:OfficeEquipment2024-04-012025-03-3108555033core:NetGoodwill2024-04-012025-03-3108555033core:IntangibleAssetsOtherThanGoodwill2024-04-012025-03-3108555033core:ListedExchangeTraded2024-04-012025-03-3108555033core:UnlistedNon-exchangeTraded2024-04-012025-03-3108555033core:MoreThanFiveYears2024-04-012025-03-3108555033core:Non-currentFinancialInstruments2025-03-3108555033core:Non-currentFinancialInstruments2024-03-3108555033dpl:CostSales2024-04-012025-03-3108555033dpl:DistributionCosts2024-04-012025-03-3108555033core:LandBuildings2024-04-012025-03-3108555033core:PlantMachinery2024-04-012025-03-3108555033core:Vehicles2024-04-012025-03-3108555033core:FurnitureFittings2024-04-012025-03-3108555033core:OfficeEquipment2024-04-012025-03-3108555033dpl:AdministrativeExpenses2024-04-012025-03-3108555033core:NetGoodwill2024-04-012025-03-3108555033core:IntangibleAssetsOtherThanGoodwill2024-04-012025-03-3108555033dpl:GroupUndertakings2024-04-012025-03-3108555033dpl:ParticipatingInterests2024-04-012025-03-3108555033dpl:GroupUndertakingscore:ListedExchangeTraded2024-04-012025-03-3108555033core:ListedExchangeTraded2024-04-012025-03-3108555033dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2024-04-012025-03-3108555033core:UnlistedNon-exchangeTraded2024-04-012025-03-3108555033dpl:CostSales2023-04-012024-03-3108555033dpl:DistributionCosts2023-04-012024-03-3108555033core:LandBuildings2023-04-012024-03-3108555033core:PlantMachinery2023-04-012024-03-3108555033core:Vehicles2023-04-012024-03-3108555033core:FurnitureFittings2023-04-012024-03-3108555033core:OfficeEquipment2023-04-012024-03-3108555033dpl:AdministrativeExpenses2023-04-012024-03-3108555033core:NetGoodwill2023-04-012024-03-3108555033core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3108555033dpl:GroupUndertakings2023-04-012024-03-3108555033dpl:ParticipatingInterests2023-04-012024-03-3108555033dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3108555033core:ListedExchangeTraded2023-04-012024-03-3108555033dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3108555033core:UnlistedNon-exchangeTraded2023-04-012024-03-3108555033core:NetGoodwill2025-03-3108555033core:IntangibleAssetsOtherThanGoodwill2025-03-3108555033core:LandBuildings2025-03-3108555033core:PlantMachinery2025-03-3108555033core:Vehicles2025-03-3108555033core:FurnitureFittings2025-03-3108555033core:OfficeEquipment2025-03-3108555033core:AfterOneYear2025-03-3108555033core:WithinOneYear2025-03-3108555033core:ListedExchangeTraded2025-03-3108555033core:UnlistedNon-exchangeTraded2025-03-3108555033core:ShareCapital2025-03-3108555033core:SharePremium2025-03-3108555033core:RevaluationReserve2025-03-3108555033core:OtherReservesSubtotal2025-03-3108555033core:RetainedEarningsAccumulatedLosses2025-03-3108555033core:NetGoodwill2024-03-3108555033core:IntangibleAssetsOtherThanGoodwill2024-03-3108555033core:LandBuildings2024-03-3108555033core:PlantMachinery2024-03-3108555033core:Vehicles2024-03-3108555033core:FurnitureFittings2024-03-3108555033core:OfficeEquipment2024-03-3108555033core:AfterOneYear2024-03-3108555033core:WithinOneYear2024-03-3108555033core:ListedExchangeTraded2024-03-3108555033core:UnlistedNon-exchangeTraded2024-03-3108555033core:ShareCapital2024-03-3108555033core:SharePremium2024-03-3108555033core:RevaluationReserve2024-03-3108555033core:OtherReservesSubtotal2024-03-3108555033core:RetainedEarningsAccumulatedLosses2024-03-3108555033core:NetGoodwill2023-04-0108555033core:IntangibleAssetsOtherThanGoodwill2023-04-0108555033core:LandBuildings2023-04-0108555033core:PlantMachinery2023-04-0108555033core:Vehicles2023-04-0108555033core:FurnitureFittings2023-04-0108555033core:OfficeEquipment2023-04-0108555033core:AfterOneYear2023-04-0108555033core:WithinOneYear2023-04-0108555033core:ListedExchangeTraded2023-04-0108555033core:UnlistedNon-exchangeTraded2023-04-0108555033core:ShareCapital2023-04-0108555033core:SharePremium2023-04-0108555033core:RevaluationReserve2023-04-0108555033core:OtherReservesSubtotal2023-04-0108555033core:RetainedEarningsAccumulatedLosses2023-04-0108555033core:AfterOneYear2024-04-012025-03-3108555033core:WithinOneYear2024-04-012025-03-3108555033core:Non-currentFinancialInstrumentscore:CostValuation2024-04-012025-03-3108555033core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-04-012025-03-3108555033core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-04-012025-03-3108555033core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-04-012025-03-3108555033core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-04-012025-03-3108555033core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-04-012025-03-3108555033core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-04-012025-03-3108555033core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-04-012025-03-3108555033core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-04-012025-03-3108555033core:Non-currentFinancialInstrumentscore:CostValuation2025-03-3108555033core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2025-03-3108555033core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2025-03-3108555033core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2025-03-3108555033core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2025-03-3108555033core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2025-03-3108555033core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2025-03-3108555033core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2025-03-3108555033core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2025-03-3108555033core:Non-currentFinancialInstrumentscore:CostValuation2024-03-3108555033core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-03-3108555033core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-03-3108555033core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-03-3108555033core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-03-3108555033core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-03-3108555033core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-03-3108555033core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-03-3108555033core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-03-3108555033bus:Director12024-04-012025-03-3108555033bus:Director22024-04-012025-03-3108555033bus:Director32024-04-012025-03-31

STRATHMORE RENEWABLES LTD

Registered Number
08555033
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2025

STRATHMORE RENEWABLES LTD
Company Information
for the year from 1 April 2024 to 31 March 2025

Directors

BOYES, John Arthur
BOYES, Marion
BOYES, Michael James

Registered Address

Strathmore House
Cleatlam
Darlington
DL2 3QS

Registered Number

08555033 (England and Wales)
STRATHMORE RENEWABLES LTD
Statement of Financial Position
31 March 2025

Notes

2025

2024

£

£

£

£

Fixed assets
Tangible assets3750,903842,151
Investment property41,336,455541,893
2,087,3581,384,044
Current assets
Stocks55,2005,200
Debtors6267,605249,420
Cash at bank and on hand44,38834,462
317,193289,082
Creditors amounts falling due within one year7(1,361,802)(786,387)
Net current assets (liabilities)(1,044,609)(497,305)
Total assets less current liabilities1,042,749886,739
Creditors amounts falling due after one year8(211,600)(324,569)
Provisions for liabilities10(118,400)(133,600)
Net assets712,749428,570
Capital and reserves
Called up share capital33
Profit and loss account712,746428,567
Shareholders' funds712,749428,570
The financial statements were approved and authorised for issue by the Board of Directors on 10 July 2025, and are signed on its behalf by:
BOYES, John Arthur
Director
Registered Company No. 08555033
STRATHMORE RENEWABLES LTD
Notes to the Financial Statements
for the year ended 31 March 2025

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Basis of preparation
The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
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/or the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to the Income Statement
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Land and buildings-20
Plant and machinery10-
Office Equipment33-
Investment property
Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate. These values are adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Income Statement.
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the Statement of Financial Position. They are depreciated over the shorter of their useful lives or the term of the lease. All other lease arrangements are classified as an operating lease Payments made under operating leases are charged to the Income Statement on a straight line basis over the lease term.
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). At each date of Statement of Financial Position, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete the sale. The impairment loss is recognised immediately in the Income Statement.
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Financial instruments
The Company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
2.Average number of employees

20252024
Average number of employees during the year33
3.Tangible fixed assets

Land & buildings

Plant & machinery

Office Equipment

Total

££££
Cost or valuation
At 01 April 24353,1701,559,3061,9041,914,380
Additions-168,433-168,433
Disposals-(106,000)-(106,000)
At 31 March 25353,1701,621,7391,9041,976,813
Depreciation and impairment
At 01 April 2458,4201,011,9051,9041,072,229
Charge for year17,659149,273-166,932
On disposals-(13,251)-(13,251)
At 31 March 2576,0791,147,9271,9041,225,910
Net book value
At 31 March 25277,091473,812-750,903
At 31 March 24294,750547,401-842,151
4.Investment property
Investment properties have been valued on an open market by the directors and they believe the valuations remain appropriate as at 31 March 2025

£
Fair value at 01 April 24541,893
Additions794,562
At 31 March 251,336,455
5.Stocks

2025

2024

££
Finished goods5,2005,200
Total5,2005,200
6.Debtors: amounts due within one year

2025

2024

££
Trade debtors / trade receivables132,334110,107
Other debtors-3,689
Prepayments and accrued income135,271135,624
Total267,605249,420
7.Creditors: amounts due within one year

2025

2024

££
Trade creditors / trade payables60,50867,686
Bank borrowings and overdrafts28,03937,036
Taxation and social security129,08578,815
Finance lease and HP contracts16,68222,780
Other creditors1,109,843577,470
Accrued liabilities and deferred income17,6452,600
Total1,361,802786,387
Finance & HP contracts are secured on the assets to which they relate.
8.Creditors: amounts due after one year

2025

2024

££
Bank borrowings and overdrafts186,577320,617
Other creditors25,0233,952
Total211,600324,569
Loans held under hire purchase contracts are secured against the assets to which they relate. Included within bank loans are amounts payable of £83,577 (2024: £174,092) due after more than five years.
9.Obligations under finance leases

2025

2024

££
Finance lease and HP contracts25,0223,951
10.Provisions for liabilities

2025

2024

££
Net deferred tax liability (asset)118,400133,600
Total118,400133,600
11.Related party transactions
Included in other creditors are loans from the directors. Interest of £3,000 has been charged on these loans. There are no set terms for repayment. Included within other creditors is an amount of £447,352 due to JA & Boyes Limited, a connected company.