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REGISTERED NUMBER: 09177834 (England and Wales)















ABERGWAUN COMMUNITY TURBINES LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025






ABERGWAUN COMMUNITY TURBINES LIMITED (REGISTERED NUMBER: 09177834)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ABERGWAUN COMMUNITY TURBINES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTORS: T R E Latter
P R L Williams
R G Williams
M J Davies





REGISTERED OFFICE: 45 High Street
Haverfordwest
Pembs
SA61 2BP





REGISTERED NUMBER: 09177834 (England and Wales)





ACCOUNTANTS: Bevan Buckland LLP
Chartered Accountants
45 High Street
Haverfordwest
Pembrokeshire
SA61 2BP

ABERGWAUN COMMUNITY TURBINES LIMITED (REGISTERED NUMBER: 09177834)

STATEMENT OF FINANCIAL POSITION
28 FEBRUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 426,366 440,578

CURRENT ASSETS
Debtors 5 46,748 44,992
Cash at bank 7,798 5,372
54,546 50,364
CREDITORS
Amounts falling due within one year 6 26,878 36,568
NET CURRENT ASSETS 27,668 13,796
TOTAL ASSETS LESS CURRENT
LIABILITIES

454,034

454,374

PROVISIONS FOR LIABILITIES 102,528 96,280
NET ASSETS 351,506 358,094

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 351,504 358,092
SHAREHOLDERS' FUNDS 351,506 358,094

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

ABERGWAUN COMMUNITY TURBINES LIMITED (REGISTERED NUMBER: 09177834)

STATEMENT OF FINANCIAL POSITION - continued
28 FEBRUARY 2025


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 18 June 2025 and were signed on its behalf by:




T R E Latter - Director



R G Williams - Director


ABERGWAUN COMMUNITY TURBINES LIMITED (REGISTERED NUMBER: 09177834)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1. STATUTORY INFORMATION

Abergwaun Community Turbines 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 represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and Machinery - 2.5% on cost

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 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 4 (2024 - 4 ) .

ABERGWAUN COMMUNITY TURBINES LIMITED (REGISTERED NUMBER: 09177834)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

4. TANGIBLE FIXED ASSETS
Plant and
Machinery
£   
COST
At 1 March 2024
and 28 February 2025 568,486
DEPRECIATION
At 1 March 2024 127,908
Charge for year 14,212
At 28 February 2025 142,120
NET BOOK VALUE
At 28 February 2025 426,366
At 29 February 2024 440,578

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 45,258 44,639
Other debtors 1,490 353
46,748 44,992

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Amounts owed to group undertakings 1,500 1,500
Taxation and social security 19,726 26,085
Other creditors 5,652 8,983
26,878 36,568

ABERGWAUN COMMUNITY TURBINES LIMITED (REGISTERED NUMBER: 09177834)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

7. RELATED PARTY DISCLOSURES

Details of related party transactions are as follows:-



Parc-y-Morfa Farms Limited
Transition Community Ventures
Limited

R Williams
£ £

Rent 19,748 -

Creditor balance 1,500

Management
Charges


15,000




Related party disclosures for the year ended 28 February 2024

Parc-y-Morfa Farms Limited Transition Community Ventures Limited
£ £


Rent 22,177 -

Creditor balance 1,500