A G B Renewables Ltd 08202528 false 2023-10-01 2024-12-31 2024-12-31 The principal activity of the company is Installers of Energy efficient products Digita Accounts Production Advanced 6.30.9574.0 true true 08202528 2023-10-01 2024-12-31 08202528 2024-12-31 08202528 bus:OrdinaryShareClass1 2024-12-31 08202528 core:CurrentFinancialInstruments 2024-12-31 08202528 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 08202528 core:FurnitureFittingsToolsEquipment 2024-12-31 08202528 bus:SmallEntities 2023-10-01 2024-12-31 08202528 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-12-31 08202528 bus:FilletedAccounts 2023-10-01 2024-12-31 08202528 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-12-31 08202528 bus:RegisteredOffice 2023-10-01 2024-12-31 08202528 bus:Director1 2023-10-01 2024-12-31 08202528 bus:Director2 2023-10-01 2024-12-31 08202528 bus:OrdinaryShareClass1 2023-10-01 2024-12-31 08202528 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-12-31 08202528 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-12-31 08202528 core:OfficeEquipment 2023-10-01 2024-12-31 08202528 core:PlantMachinery 2023-10-01 2024-12-31 08202528 countries:AllCountries 2023-10-01 2024-12-31 08202528 2023-09-30 08202528 core:FurnitureFittingsToolsEquipment 2023-09-30 08202528 2022-10-01 2023-09-30 08202528 2023-09-30 08202528 bus:OrdinaryShareClass1 2023-09-30 08202528 core:CurrentFinancialInstruments 2023-09-30 08202528 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 08202528 core:FurnitureFittingsToolsEquipment 2023-09-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 08202528

A G B Renewables Ltd

Unaudited Filleted Abridged Financial Statements

for the Period from 1 October 2023 to 31 December 2024

 

A G B Renewables Ltd

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 7

 

A G B Renewables Ltd

Company Information

Directors

Mr D Markey

Mr G Boniface

Registered office

Nortonbury House
37 High Street
Tewkesbury
Gloucestershire
GL20 5BB

Accountants

Holberton & Co
Nortonbury House
37 High Street
Tewkesbury
Gloucestershire
GL20 5BB

 

A G B Renewables Ltd

(Registration number: 08202528)
Abridged Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

54

72

Current assets

 

Debtors

5

2,512

2,512

Cash at bank and in hand

 

783

888

 

3,295

3,400

Creditors: Amounts falling due within one year

(44)

1

Net current assets

 

3,251

3,401

Total assets less current liabilities

 

3,305

3,473

Accruals and deferred income

 

(360)

(180)

Net assets

 

2,945

3,293

Capital and reserves

 

Called up share capital

6

2

2

Retained earnings

2,943

3,291

Shareholders' funds

 

2,945

3,293

For the financial period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

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

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 1 July 2025 and signed on its behalf by:
 

 

A G B Renewables Ltd

(Registration number: 08202528)
Abridged Balance Sheet as at 31 December 2024

.........................................
Mr D Markey
Director

   
     
 

A G B Renewables Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 1 October 2023 to 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in Other.

The address of its registered office is:
Nortonbury House
37 High Street
Tewkesbury
Gloucestershire
GL20 5BB

The principal place of business is:
Unit 4G,
Northway Trading Estate
Northway Lane
Tewkesbury
Gloucestershire
GL20 8JH

These financial statements were authorised for issue by the Board on 1 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

A G B Renewables Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 1 October 2023 to 31 December 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

20% Straight line

Plant and machinery

25% Reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2 (2023 - 2).

 

A G B Renewables Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 1 October 2023 to 31 December 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 October 2023

1,546

1,546

At 31 December 2024

1,546

1,546

Depreciation

At 1 October 2023

1,474

1,474

Charge for the period

18

18

At 31 December 2024

1,492

1,492

Carrying amount

At 31 December 2024

54

54

At 30 September 2023

72

72

5

Debtors

Debtors includes £Nil (2023 - £Nil) due after more than one year.

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

2

2

2

2

       

7

Related party transactions

 

A G B Renewables Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 1 October 2023 to 31 December 2024

Directors' remuneration

The directors' remuneration for the period was as follows:

2024
£

2023
£

Remuneration

-

212