Drumbuie Renewables Limited 31/03/2025 iXBRL

Company registration number: SC418970

Drumbuie Renewables Limited

Unaudited filleted financial statements

31 March 2025

Drumbuie Renewables Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Drumbuie Renewables Limited

Directors and other information


	Directors	Mrs Christina Walker
		Mr James Walker
		Mr Michael Walker
		Mr Stuart Walker
		Miss Alison Walker


	Secretary	Mrs Christina Walker


	Company number	SC418970


	Registered office	Drumbuie
		Sanquhar
		DG4 6JX


	Accountants	Carson & Trotter
		123 Irish Street
		Dumfries
		DG1 2PE

Drumbuie Renewables Limited

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Drumbuie Renewables Limited

Year ended 31st March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Drumbuie Renewables Limited for the year ended 31st March 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS , we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the board of directors of Drumbuie Renewables Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Drumbuie Renewables Limited and state those matters that we have agreed to state to the board of directors of Drumbuie Renewables Limited as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Drumbuie Renewables Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Drumbuie Renewables Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Drumbuie Renewables Limited. You consider that Drumbuie Renewables Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Drumbuie Renewables Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Carson & Trotter

Chartered Accountants

123 Irish Street

Dumfries

DG1 2PE

8th December 2025

Drumbuie Renewables Limited

Statement of financial position

31st March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	703,944		707,906
		_______		_______
			703,944		707,906

Current assets
Debtors	6	128,153		32,135
Investments	7	10,000		10,000
Cash at bank and in hand		130,474		85,022
		_______		_______
		268,627		127,157
Creditors: amounts falling due
within one year	8	( 521,259)		( 406,519)
		_______		_______
Net current liabilities			( 252,632)		( 279,362)
			_______		_______
Total assets less current liabilities			451,312		428,544

Creditors: amounts falling due
after more than one year	9		( 341,182)		( 382,307)

Provisions for liabilities			( 21,313)		( 23,393)

			_______		_______
Net assets			88,817		22,844
			_______		_______

Capital and reserves
Called up share capital			1,000		1,000
Share premium account			495		495
Profit and loss account			87,322		21,349
			_______		_______
Shareholders funds			88,817		22,844
			_______		_______

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.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 08 December 2025 , and are signed on behalf of the board by:

Mr Stuart Walker

Director

Company registration number: SC418970

Drumbuie Renewables Limited

Notes to the financial statements

Year ended 31st March 2025

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is Drumbuie, Sanquhar, DG4 6JX.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property - %

Plant and machinery 10 %

Fittings fixtures and equipment 25 %

Motor vehicles 25 %

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 4 (2024: 3 ).

5. Tangible assets

	Freehold property	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1st April 2024	614,332	120,726	3,873	23,000	761,931
Additions	4,360	-	3,373	-	7,733
	_______	_______	_______	_______	_______
At 31st March 2025	618,692	120,726	7,246	23,000	769,664
	_______	_______	_______	_______	_______
Depreciation
At 1st April 2024	-	37,111	1,192	15,723	54,026
Charge for the year	-	8,362	1,513	1,819	11,694
	_______	_______	_______	_______	_______
At 31st March 2025	-	45,473	2,705	17,542	65,720
	_______	_______	_______	_______	_______
Carrying amount
At 31st March 2025	618,692	75,253	4,541	5,458	703,944
	_______	_______	_______	_______	_______
At 31st March 2024	614,332	83,615	2,681	7,277	707,905
	_______	_______	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	25,200	23,730
Amounts owed by undertakings in which the company has a participating interest	85,000	-
Other debtors	17,953	8,405
	_______	_______
	128,153	32,135
	_______	_______

7. Investments

	2025	2024
	£	£
Debenture	10,000	10,000
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	78,238	78,108
Trade creditors	118,194	69,121
Corporation tax	223,597	96,982
Social security and other taxes	35,516	56,749
Other creditors	65,714	105,559
	_______	_______
	521,259	406,519
	_______	_______

The Royal Bank of Scotland have a floating charge over the assets of the company.

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	341,182	382,307
	_______	_______

The Royal Bank of Scotland have a floating charge over the assets of the company.

10. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Stuart Walker	8,405	18,383	( 8,835)	17,953
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Stuart Walker	22,746	21,860	( 36,201)	8,405
		_______	_______	_______	_______

11. Controlling party

The company is under the control of the Directors.