BrightAccountsProduction v1.0.0 v1.0.0 2023-12-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts Electricity production & trade 26 August 2025 8 6 NI683736 2024-11-30 NI683736 2023-11-30 NI683736 2022-11-30 NI683736 2023-12-01 2024-11-30 NI683736 2022-12-01 2023-11-30 NI683736 uk-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 NI683736 uk-curr:PoundSterling 2023-12-01 2024-11-30 NI683736 uk-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 NI683736 uk-bus:FullAccounts 2023-12-01 2024-11-30 NI683736 uk-bus:Director1 2023-12-01 2024-11-30 NI683736 uk-bus:Director2 2023-12-01 2024-11-30 NI683736 uk-bus:RegisteredOffice 2023-12-01 2024-11-30 NI683736 uk-bus:Agent1 2023-12-01 2024-11-30 NI683736 uk-core:ShareCapital 2024-11-30 NI683736 uk-core:ShareCapital 2023-11-30 NI683736 uk-core:RetainedEarningsAccumulatedLosses 2024-11-30 NI683736 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 NI683736 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-11-30 NI683736 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-11-30 NI683736 uk-bus:FRS102 2023-12-01 2024-11-30 NI683736 uk-core:PlantMachinery 2023-12-01 2024-11-30 NI683736 uk-core:FurnitureFittingsToolsEquipment 2023-12-01 2024-11-30 NI683736 uk-core:MotorVehicles 2023-12-01 2024-11-30 NI683736 uk-core:OtherPropertyPlantEquipment 2023-12-01 2024-11-30 NI683736 uk-core:CostValuation 2024-11-30 NI683736 uk-core:CurrentFinancialInstruments 2024-11-30 NI683736 uk-core:CurrentFinancialInstruments 2023-11-30 NI683736 uk-core:WithinOneYear 2024-11-30 NI683736 uk-core:WithinOneYear 2023-11-30 NI683736 uk-core:AfterOneYear 2024-11-30 NI683736 uk-core:AfterOneYear 2023-11-30 NI683736 uk-core:BetweenOneFiveYears 2024-11-30 NI683736 uk-core:BetweenOneFiveYears 2023-11-30 NI683736 uk-core:EmployeeBenefits 2023-11-30 NI683736 uk-core:EmployeeBenefits 2023-12-01 2024-11-30 NI683736 uk-core:AcceleratedTaxDepreciationDeferredTax 2024-11-30 NI683736 uk-core:TaxLossesCarry-forwardsDeferredTax 2024-11-30 NI683736 uk-core:OtherDeferredTax 2024-11-30 NI683736 uk-core:RevaluationPropertyPlantEquipmentDeferredTax 2024-11-30 NI683736 uk-core:EmployeeBenefits 2024-11-30 NI683736 2023-12-01 2024-11-30 NI683736 uk-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI683736
 
 
TRE Energy Ltd
 
Director's Report and Unaudited Financial Statements
 
for the financial year ended 30 November 2024
TRE Energy Ltd
DIRECTOR AND OTHER INFORMATION

 
Directors John Adams (Appointed 10 October 2024)
Henry McPeake (Resigned 10 October 2024)
 
 
Company Registration Number NI683736
 
 
Registered Office 16 Mount Charles
Belfast
BT7 1NZ
 
 
Business Address 38 Windyhill Road
Limavady
BT49 0QZ
 
 
Accountants Muldoon
Chartered Accountants & Reporting Accountants
16 Mount Charles
Belfast
BT7 1NZ



TRE Energy Ltd
DIRECTOR'S REPORT
for the financial year ended 30 November 2024

 
The director presents their report and the unaudited financial statements for the financial year ended 30 November 2024.
 
Principal Activity
Electricity production & trade
     
Directors
The directors who served during the financial year are as follows:
     
John Adams (Appointed 10 October 2024)
Henry McPeake (Resigned 10 October 2024)
   
     
Statement of Director's Responsibilities
     
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
     
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless they is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:
- select suitable accounting policies and apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
     
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
     
Special provisions relating to small companies
The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
     
     
On behalf of the board
     
     
     
___________________________
John Adams
Director
     
26 August 2025



TRE Energy Ltd
Company Registration Number: NI683736
BALANCE SHEET
as at 30 November 2024

2024 2023
Notes £ £
 
Fixed Assets
Tangible assets 4 169,102 98,108
Investments 5 1 1
───────── ─────────
Fixed Assets 169,103 98,109
───────── ─────────
 
Current Assets
Stocks 6 140,217 163,531
Debtors 7 248,216 401,632
Cash and cash equivalents 91,297 11,091
───────── ─────────
479,730 576,254
───────── ─────────
Creditors: amounts falling due within one year 8 (473,160) (303,800)
───────── ─────────
Net Current Assets 6,570 272,454
───────── ─────────
Total Assets less Current Liabilities 175,673 370,563
 
Creditors:
amounts falling due after more than one year 9 (31,776) (39,788)
 
Provisions for liabilities 11 (25,818) (14,893)
───────── ─────────
Net Assets 118,079 315,882
═════════ ═════════
 
Capital and Reserves
Called up share capital 10 10
Retained earnings 118,069 315,872
───────── ─────────
Equity attributable to owners of the company 118,079 315,882
═════════ ═════════
 
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
The company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account.
           
For the financial year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 26 August 2025
           
           
           
________________________________          
John Adams          
Director          
           



TRE Energy Ltd
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 30 November 2024

   
1. General Information
 
TRE Energy Ltd is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI683736. The registered office of the company is 16 Mount Charles, Belfast, BT7 1NZ. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 30 November 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Plant and machinery - 10% Straight line
  Fixtures, fittings and equipment - 20% Straight line
  Motor vehicles - 25% Straight line
    - 10% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Leasing and hire purchases
Tangible assets held under leasing and Hire Purchases arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the Balance Sheet at their cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Profit and Loss Account.
 
Investments
Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Profit and Loss Account in the financial year in which it is receivable.
 
Stocks
Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Provisions
Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 8, (2023 - 6).
 
  2024 2023
  Number Number
 
Employees 8 6
  ═════════ ═════════
             
4. Tangible assets
  Plant and Fixtures, Motor   Total
  machinery fittings and vehicles    
    equipment      
  £ £ £ £ £
Cost
At 1 December 2023 11,997 2,104 71,311 41,797 127,209
Additions 33,750 11,206 35,128 22,678 102,762
  ───────── ───────── ───────── ───────── ─────────
At 30 November 2024 45,747 13,310 106,439 64,475 229,971
  ───────── ───────── ───────── ───────── ─────────
Depreciation
At 1 December 2023 1,848 411 23,306 3,536 29,101
Charge for the financial year 3,685 1,205 21,512 5,366 31,768
  ───────── ───────── ───────── ───────── ─────────
At 30 November 2024 5,533 1,616 44,818 8,902 60,869
  ───────── ───────── ───────── ───────── ─────────
Net book value
At 30 November 2024 40,214 11,694 61,621 55,573 169,102
  ═════════ ═════════ ═════════ ═════════ ═════════
At 30 November 2023 10,149 1,693 48,005 38,261 98,108
  ═════════ ═════════ ═════════ ═════════ ═════════
       
5. Investments
  Group and Total
  participating  
  interests/  
  joint ventures  
Investments £ £
Cost
 
At 30 November 2024 1 1
  ───────── ─────────
Net book value
At 30 November 2024 1 1
  ═════════ ═════════
At 30 November 2023 1 1
  ═════════ ═════════
       
6. Stocks 2024 2023
  £ £
 
Finished goods and goods for resale 140,217 163,531
  ═════════ ═════════
 
The replacement cost of stock did not differ significantly from the figures shown.
       
7. Debtors 2024 2023
  £ £
 
Trade debtors 77,608 220,563
Director's current account - 29,944
Taxation and social security costs (Note 10) 25,389 56,952
Prepayments and accrued income 145,219 94,173
  ───────── ─────────
  248,216 401,632
  ═════════ ═════════
       
8. Creditors 2024 2023
Amounts falling due within one year £ £
 
Trade creditors 290,220 283,148
Amounts owed to group undertakings (133,628) (101,646)
Taxation and social security costs (Note 10) 163,999 99,509
Accruals and deferred income 152,569 22,789
  ───────── ─────────
  473,160 303,800
  ═════════ ═════════
       
9. Creditors 2024 2023
Amounts falling due after more than one year £ £
 
Finance leases and hire purchase contracts 31,776 39,788
  ═════════ ═════════
 
 
Net obligations under finance leases
and hire purchase contracts
Repayable between one and five years 31,776 39,788
  ═════════ ═════════
       
10. Taxation and social security 2024 2023
  £ £
 
Debtors:
VAT - 56,952
S455 Tax Repayable 25,389 -
  ───────── ─────────
  25,389 56,952
  ═════════ ═════════
Creditors:
VAT 20,578 -
Corporation tax 104,660 79,271
PAYE / NI 38,761 20,238
  ───────── ─────────
  163,999 99,509
  ═════════ ═════════
         
11. Provisions for liabilities
 
The amounts provided for deferred taxation are analysed below:
 
  Capital Total Total
  allowances    
       
    2024 2023
  £ £ £
 
At financial year start 14,893 14,893 -
Charged to profit and loss 10,925 10,925 14,893
  ───────── ───────── ─────────
At financial year end 25,818 25,818 14,893
  ═════════ ═════════ ═════════
       
12. Capital commitments
 
The company had no material capital commitments at the financial year-ended 30 November 2024.
   
13. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.