REGISTERED NUMBER: 09301717 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BRINKLOW BIOGAS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A M Aston

D W Aston

REGISTERED OFFICE:

Highwood Farm

Coventry Road

Rugby

CV23 0NJ

REGISTERED NUMBER:

09301717 (England and Wales)

ACCOUNTANTS:

Philip Barnes & Co Limited

Chartered Accountants

The Old Council Chambers

Halford Street

Tamworth

Staffordshire

B79 7RB

FIXED ASSETS

Tangible assets

4

11,152,849

10,800,291

CURRENT ASSETS

Stocks

2,193,749

1,804,552

Debtors

5

1,168,903

1,056,289

Cash at bank and in hand

51,159

73,261

3,413,811

2,934,102

CREDITORS

Amounts falling due within one year

6

4,566,976

3,661,971

NET CURRENT LIABILITIES

(1,153,165

)

(727,869

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9,999,684

10,072,422

CREDITORS

Amounts falling due after more than one year

7

(4,210,842

)

(4,537,518

)

PROVISIONS FOR LIABILITIES

(1,330,000

)

(1,330,000

)

NET ASSETS

4,458,842

4,204,904

RESERVES

Share premium

100

100

Retained earnings

4,458,742

4,204,804

4,458,842

4,204,904

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2025 and were signed on its behalf by:

D W Aston - Director

1.	STATUTORY INFORMATION

Brinklow Biogas Ltd 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.

The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

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.

Land and buildings

-

2% on cost

Plant and machinery

-

20% reducing balance, 10% on cost and 5% on cost

Fixtures and fittings

-

20% reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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

The average number of employees during the year was 13 (2023 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Land and

Plant and

and

Motor

buildings

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2024

1,135,068

14,003,351

55,404

38,500

15,232,323

Additions

445,378

626,176

10,646

96,676

1,178,876

At 31 December 2024

1,580,446

14,629,527

66,050

135,176

16,411,199

DEPRECIATION

At 1 January 2024

84,535

4,326,596

20,259

642

4,432,032

Charge for year

27,273

766,005

7,744

25,296

826,318

At 31 December 2024

111,808

5,092,601

28,003

25,938

5,258,350

NET BOOK VALUE

At 31 December 2024

1,468,638

9,536,926

38,047

109,238

11,152,849

At 31 December 2023

1,050,533

9,676,755

35,145

37,858

10,800,291

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

463,181

509,123

Other debtors

705,722

547,166

1,168,903

1,056,289

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

2,440,282

2,454,377

Hire purchase contracts

71,602

7,888

Trade creditors

1,659,160

727,459

Taxation and social security

28,100

54,040

Other creditors

367,832

418,207

4,566,976

3,661,971

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

3,875,450

4,537,518

Hire purchase contracts

335,392

-

4,210,842

4,537,518

2024

2023

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

891,587

1,837,000

8.	RELATED PARTY DISCLOSURES

Included within other debtors are amounts totalling £511,751 (2023: £503,751) owed by companies under common control.

Included within other creditors are amounts totalling £30,182 (2023: £39,635) owed to companies under common control.

Included within other creditors are amounts owed to directors totalling £304,829 (2023: £331,921).

All balances are interest free and repayable on demand.