Company No: 08842785 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	83,125		75,490
		83,125		75,490
Current assets
Stocks		1,500		2,000
Debtors	4	14,101		45,096
Cash at bank and in hand		88,861		53,145
		104,462		100,241
Creditors: amounts falling due within one year	5	( 5,607)		( 9,162)
Net current assets		98,855		91,079
Total assets less current liabilities		181,980		166,569
Provision for liabilities		( 14,641)		( 13,110)
Net assets		167,339		153,459
Capital and reserves
Called-up share capital	6	100		100
Profit and loss account		167,239		153,359
Total shareholders' funds		167,339		153,459

For the financial year ending 31 January 2025 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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Amble Power Limited (registered number: 08842785) were approved and authorised for issue by the Board of Directors on 04 September 2025. They were signed on its behalf by:

Shaun Edgar Hawkey Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Amble Power Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The Olde House, Chapel Amble, Wadebridge, PL27 6EN, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Land and buildings	25 years straight line
Plant and machinery	25 years straight line
Fixtures and fittings	10 years straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	0		0

3. Tangible assets

	Land and buildings		Plant and machinery		Fixtures and fittings		Total
	£		£		£		£
Cost
At 01 February 2024	10,409		97,689		8,971		117,069
Additions	0		13,300		0		13,300
At 31 January 2025	10,409		110,989		8,971		130,369
Accumulated depreciation
At 01 February 2024	3,920		36,538		1,121		41,579
Charge for the financial year	417		4,351		897		5,665
At 31 January 2025	4,337		40,889		2,018		47,244
Net book value
At 31 January 2025	6,072		70,100		6,953		83,125
At 31 January 2024	6,489		61,151		7,850		75,490

4. Debtors

	2025		2024
	£		£
Trade debtors	14,101		42,271
Amounts owed by directors	0		2,825
	14,101		45,096

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	2,834		585
Taxation and social security	1,394		7,776
Other creditors	1,379		801
	5,607		9,162

6. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100