REGISTERED NUMBER: 07161285 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

ELECTRICAL VENTILATION RENEWABLES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Taggart

K J Feeney

REGISTERED OFFICE:

34 Radway Road

Upper Shirley

Southampton

Hampshire

SO15 7PJ

REGISTERED NUMBER:

07161285 (England and Wales)

ACCOUNTANTS:

A & D Accountancy Services

34 Radway Road

Upper Shirley

Southampton

Hampshire

SO15 7PJ

FIXED ASSETS

Tangible assets

4

48,774

60,279

CURRENT ASSETS

Stocks

83,278

82,600

Debtors

5

479,035

116,846

Cash at bank

2,730

9,072

565,043

208,518

CREDITORS

Amounts falling due within one year

6

527,053

265,296

NET CURRENT ASSETS/(LIABILITIES)

37,990

(56,778

)

TOTAL ASSETS LESS CURRENT LIABILITIES

86,764

3,501

CREDITORS

Amounts falling due after more than one year

7

78,217

13,342

NET ASSETS/(LIABILITIES)

8,547

(9,841

)

CAPITAL AND RESERVES

Called up share capital

8

100

1

Retained earnings

9

8,447

(9,842

)

SHAREHOLDERS' FUNDS

8,547

(9,841

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 June 2025 and were signed on its behalf by:

S Taggart - Director

1.	STATUTORY INFORMATION

Electrical Ventilation Renewables 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

20% on cost

Stocks

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

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 Income Statement, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 16 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

752

133,591

134,343

Additions

307

-

307

At 31 March 2025

1,059

133,591

134,650

DEPRECIATION

At 1 April 2024

687

73,377

74,064

Charge for year

93

11,719

11,812

At 31 March 2025

780

85,096

85,876

NET BOOK VALUE

At 31 March 2025

279

48,495

48,774

At 31 March 2024

65

60,214

60,279

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

44,717

DEPRECIATION

At 1 April 2024

25,257

Charge for year

2,944

At 31 March 2025

28,201

NET BOOK VALUE

At 31 March 2025

16,516

At 31 March 2024

19,460

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

458,492

92,544

Other debtors

6,000

-

Fuel card deposit

900

900

Rent deposit

4,500

4,500

Retentions receivable

9,143

2,880

VAT

-

16,022

479,035

116,846

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

73,569

46,163

Hire purchase contracts

1,572

7,358

Trade creditors

227,541

92,882

Tax

2,130

-

Social security and other taxes

54,311

38,904

Pension liability

1,755

1,385

VAT

634

-

Credit cards

144,568

71,543

Net wages payable

12,058

-

Directors' current accounts

4,965

5,186

Accrued expenses

3,950

1,875

527,053

265,296

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

78,217

11,770

Hire purchase contracts

-

1,572

78,217

13,342

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

100

1

9.

RESERVES

Retained

earnings

£

At 1 April 2024

(9,842

)

Profit for the year

18,289

At 31 March 2025

8,447