REGISTERED NUMBER: SC753035 (Scotland)

Unaudited Financial Statements for the Year Ended 31st December 2024

for

Bydand Renewables Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

DIRECTOR:

C W Gordon

REGISTERED OFFICE:

11 Slater Place

Heathhall

Dumfries

DUMFRIESSHIRE

DG1 3TF

REGISTERED NUMBER:

SC753035 (Scotland)

ACCOUNTANTS:

Farries Kirk & McVean

Dumfries Enterprise Park

Heathhall

Dumfries

DUMFRIESSHIRE

DG1 3SJ

FIXED ASSETS

Tangible assets

4

44,005

3,490

Investments

5

9,812

-

53,817

3,490

CURRENT ASSETS

Stocks

48,917

42,212

Debtors

6

126,524

52,936

Cash at bank

105,569

91,430

281,010

186,578

CREDITORS

Amounts falling due within one year

7

169,290

107,390

NET CURRENT ASSETS

111,720

79,188

TOTAL ASSETS LESS CURRENT LIABILITIES

165,537

82,678

PROVISIONS FOR LIABILITIES

11,427

663

NET ASSETS

154,110

82,015

CAPITAL AND RESERVES

Called up share capital

8

3

3

Retained earnings

154,107

82,012

SHAREHOLDERS' FUNDS

154,110

82,015

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 26th September 2025 and were signed by:

C W Gordon - Director

1.	STATUTORY INFORMATION

Bydand Renewables Ltd is a private company, limited by shares , registered in Scotland. 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 as modified by the revaluation of certain assets.

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.

Amounts written off each asset over the estimated useful life represent cost less residual value.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2024

4,104

Additions

75,651

Disposals

(21,516

)

At 31st December 2024

58,239

DEPRECIATION

At 1st January 2024

614

Charge for year

13,620

At 31st December 2024

14,234

NET BOOK VALUE

At 31st December 2024

44,005

At 31st December 2023

3,490

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

Additions

10,000

Revaluations

(188

)

At 31st December 2024

9,812

NET BOOK VALUE

At 31st December 2024

9,812

Cost or valuation at 31st December 2024 is represented by:

Other

investments

£

Valuation in 2024

9,812

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

118,652

49,936

Other debtors

7,872

3,000

126,524

52,936

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

50,115

-

Trade creditors

-

830

Taxation and social security

40,742

47,847

Other creditors

78,433

58,713

169,290

107,390

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

2023

Number:

Class:

Nominal Value:

£

1

A Class

£1

1

1

B Class

£1

1

1

C Class

£1

1

3

9.	RELATED PARTY DISCLOSURES

At 31st December 2024, the company owed the director the sum of £75,833 (2023 - £16,213) by way of an interest free directors current account.