DistGen Faccombe LGC Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07674975

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		172,035		193,152

			172,035		193,152
CURRENT ASSETS
Debtors	5	260,924		247,635
Cash at bank and in hand		87,505		198,034

		348,429		445,669
Creditors: Amounts Falling Due Within One Year	6	(90,526 )		(213,138 )

NET CURRENT ASSETS (LIABILITIES)			257,903		232,531

TOTAL ASSETS LESS CURRENT LIABILITIES			429,938		425,683

Creditors: Amounts Falling Due After More Than One Year	7		(215,949 )		(230,344 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(33,107 )		(36,213 )

NET ASSETS			180,882		159,126

CAPITAL AND RESERVES
Called up share capital	9		200		200
Profit and Loss Account			180,682		158,926

SHAREHOLDERS' FUNDS			180,882		159,126

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DistGen Faccombe LGC Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr John Zamick

Director

30 April 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

DistGen Faccombe LGC Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07674975 . The registered office is 3 Merietts Court Long Ashton Business Park, Yanley Lane, Bristol, BS41 9LB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

5% straight line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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DistGen Faccombe LGC Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

3. Average Number of Employees

There were no employees during the year NIL (2024: NIL)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 April 2024	422,348

As at 31 March 2025	422,348

Depreciation
As at 1 April 2024	229,196
Provided during the period	21,117

As at 31 March 2025	250,313

Net Book Value
As at 31 March 2025	172,035

As at 1 April 2024	193,152

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	29,691
Prepayments and accrued income	69,068	33,358
VAT	7,270	-

	76,338	63,049
Due after more than one year
Amounts owed by group undertakings	147,889	147,889
Amounts owed by parent undertaking	28,199	28,199
Amounts owed by associates	8,498	8,498

	184,586	184,586

	260,924	247,635

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	14,395	14,395
Trade creditors	26,149	46,164
Corporation tax	10,377	25,591
VAT	-	2,511
Other creditors	274	771
Accruals and deferred income	39,331	123,706

	90,526	213,138

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DistGen Faccombe LGC Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	30,446	44,841
Directors loan account	112,383	112,383
Amounts owed to group undertakings	73,120	73,120

	215,949	230,344

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	14,395	14,395
Later than one year and not later than five years	30,446	44,841

	44,841	59,236

	44,841	59,236

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	200	200

10. Related Party Transactions

Mr John Zamick is a director and controlling shareholder of Smarter Microgrid Limited. At the year end, Smarter Microcrid Ltd owed the company £8,498 (2024: £8,498). During the year the company paid Smarter Microgrid Limited for consultancy services to the value of £67,135 (2024: £18,193)

Mr John Zamick is a director of Distgen Hinton LGC Ltd. At the year end the company owed Distgen Hinton LGC Ltd £73,120 (2024: £73,120).

Mr John Zamick is a director of Distgen Rogershill LGC Ltd. At the year end Distgen Rogershill LGC Ltd owed the company £5,888 (2024: £5,888).

Mr John Zamick is a director and controlling shareholder of Distgen Wanstrow LGC Ltd. At the year end, Distgen Wanstrow LGC Ltd owed the company £62,000 (2024: £62,000). During the year the company paid Distgen Wanstrow LGC Ltd for consultancy services to the value of £10,531 (2024: £0)

Mr John Zamick is a director and controlling shareholder of Participa Ltd. At the year end Participa Ltd owed the company £28,199 (2024: £28,199).

Mr John Zamick is a director and controlling shareholder of Distgen Brayton LGC Ltd. At year end Distgen Brayton LGC Ltd owed the company £80,000 (2024: £80,000).

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