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REGISTERED NUMBER: 06663254 (England and Wales)





















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BIOGAS PRODUCTS LIMITED

BIOGAS PRODUCTS LIMITED (REGISTERED NUMBER: 06663254)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BIOGAS PRODUCTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mr A W Smith
Mr M L Newey
Mrs S Smith





REGISTERED OFFICE: Unit 10
Cookley Wharf Industrial Estate
Leys Road
BRIERLEY HILL
West Midlands
DY5 3UP





REGISTERED NUMBER: 06663254 (England and Wales)





ACCOUNTANTS: E R Grove & Co Limited
Grove House
Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF

BIOGAS PRODUCTS LIMITED (REGISTERED NUMBER: 06663254)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 259,941 348,920

CURRENT ASSETS
Debtors 5 184,292 141,332
Cash at bank and in hand 2,855 15,097
187,147 156,429
CREDITORS
Amounts falling due within one year 6 206,357 193,435
NET CURRENT LIABILITIES (19,210 ) (37,006 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

240,731

311,914

CREDITORS
Amounts falling due after more than one
year

7

(47,370

)

(76,608

)

PROVISIONS FOR LIABILITIES (64,985 ) (66,295 )
NET ASSETS 128,376 169,011

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 128,276 168,911
SHAREHOLDERS' FUNDS 128,376 169,011

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 July 2025 and were signed on its behalf by:





Mr A W Smith - Director


BIOGAS PRODUCTS LIMITED (REGISTERED NUMBER: 06663254)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Biogas Products Limited 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 18 ) .

BIOGAS PRODUCTS LIMITED (REGISTERED NUMBER: 06663254)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 519,990 18,222 106,529 32,713 677,454
Additions 1,554 - - 916 2,470
Disposals - - (32,020 ) (12,617 ) (44,637 )
At 31 December 2024 521,544 18,222 74,509 21,012 635,287
DEPRECIATION
At 1 January 2024 204,629 14,022 88,723 21,160 328,534
Charge for year 78,999 1,050 4,376 3,757 88,182
Eliminated on disposal - - (28,953 ) (12,417 ) (41,370 )
At 31 December 2024 283,628 15,072 64,146 12,500 375,346
NET BOOK VALUE
At 31 December 2024 237,916 3,150 10,363 8,512 259,941
At 31 December 2023 315,361 4,200 17,806 11,553 348,920

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 January 2024
and 31 December 2024 265,200
DEPRECIATION
At 1 January 2024 69,245
Charge for year 48,989
At 31 December 2024 118,234
NET BOOK VALUE
At 31 December 2024 146,966
At 31 December 2023 195,955

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 140,394 93,914
Other debtors 43,898 47,418
184,292 141,332

BIOGAS PRODUCTS LIMITED (REGISTERED NUMBER: 06663254)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,186 6,000
Hire purchase contracts 23,243 26,547
Trade creditors 76,772 111,451
Taxation and social security 67,198 25,988
Other creditors 29,958 23,449
206,357 193,435

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 2,505 8,500
Hire purchase contracts 44,865 68,108
47,370 76,608