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Registered number: SC296386






Ozone Power Limited


ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024


ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024





DIRECTORS
M J D Cavanagh
D J Pilkington



SECRETARY
M J D Cavanagh


REGISTERED OFFICE
16 Barnes Green
Livingston
West Lothian
EH54 8PP


COMPANY DETAILS
Private company limited by shares registered in SC - Scotland, registered number SC296386



ACCOUNTANTS
Hodgson and Company
16 Barnes Green
Livingston
West Lothian
EH54 8PP


ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2024



CONTENTS



		Page







Balance Sheet		3

Notes To The Accounts		4


BALANCE SHEET AT 31 December 2024

			2024		2023
	Notes		£		£

FIXED ASSETS
Tangible assets	3		4,195		5,593

CURRENT ASSETS
Debtors	4	304,190		320,831
Cash at bank and in hand		869,711		914,847
		1,173,901		1,235,678
CREDITORS: Amounts falling due within one year	5	653,640		705,426
NET CURRENT ASSETS			520,261		530,252
TOTAL ASSETS LESS CURRENT LIABILITIES			524,456		535,845


PROVISIONS FOR LIABILITIES AND CHARGES			1,065		1,065

NET ASSETS			523,391		534,780

CAPITAL AND RESERVES

Called up share capital			141		141
Share premium account			52,979		52,979
Other reserves	6		67,641		91,501
Profit and loss account			402,630		390,159
SHAREHOLDERS' FUNDS			523,391		534,780

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 23 April 2025 and signed on their behalf by



.............................
M J D Cavanagh
Director




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Commercial Vehicles		reducing balance 25%




1a. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.




1c. Foreign Currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating result.




1d. Research And Development
Expenditure on research and development is written off in the year in which it is incurred.




3. TANGIBLE FIXED ASSETS

	Commercial
	Vehicles	Total
	£	£
Cost
At 1 January 2024	13,259	13,259
At 31 December 2024	13,259	13,259
Depreciation
At 1 January 2024	7,666	7,666
For the year	1,398	1,398
At 31 December 2024	9,064	9,064
Net Book Amounts
At 31 December 2024	4,195	4,195
At 31 December 2023	5,593	5,593




4. DEBTORS	2024	2023
	£	£
Amounts falling due within one year
Trade debtors	231,653	222,360
Ozone Gliders Limited	-	2,688
VAT	4,896	4,282
Other debtors	67,641	91,501
	304,190	320,831




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2024	2023
	£	£
Corporation tax	102,563	117,706
Trade creditors	39,807	104,522
Other creditors	67,641	91,501
Accruals	443,629	391,697
	653,640	705,426




6. OTHER RESERVES	2024	2023
	£	£
Non-distributable reserves	67,641	91,501
	67,641	91,501




2. EMPLOYEES

	2024	2023
	No.	No.
Average number of employees	2	2