Company Registration No. 08950048 (England and Wales)
Somerset Renewables Limited
Unaudited accounts
for the year ended 31 March 2025
Somerset Renewables Limited
Unaudited accounts
Contents
Somerset Renewables Limited
Company Information
for the year ended 31 March 2025
Directors
C J Webber
RC Seale
Company Number
08950048 (England and Wales)
Registered Office
32 LOWER PARK
MINEHEAD
SOMERSET
TA24 8AY
Accountants
Computaccounting
Rapid House
Mart Road
Minehead
Somerset
TA24 5BJ
Somerset Renewables Limited
Statement of financial position
as at 31 March 2025
Tangible assets
38,806
44,240
Cash at bank and in hand
165,202
57,431
Creditors: amounts falling due within one year
(93,394)
(75,300)
Net current assets/(liabilities)
91,330
(5,581)
Called up share capital
250
250
Profit and loss account
129,886
38,409
Shareholders' funds
130,136
38,659
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 December 2025 and were signed on its behalf by
RC Seale
Director
Company Registration No. 08950048
Somerset Renewables Limited
Notes to the Accounts
for the year ended 31 March 2025
Somerset Renewables Limited is a private company, limited by shares, registered in England and Wales, registration number 08950048. The registered office is 32 LOWER PARK, MINEHEAD, SOMERSET, TA24 8AY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
17,503
28,492
3,049
5,219
54,263
Additions
2,217
-
-
-
2,217
At 31 March 2025
19,720
28,492
3,049
5,219
56,480
At 1 April 2024
6,257
475
153
3,138
10,023
Charge for the year
443
6,078
732
398
7,651
At 31 March 2025
6,700
6,553
885
3,536
17,674
At 31 March 2025
13,020
21,939
2,164
1,683
38,806
At 31 March 2024
11,246
28,017
2,896
2,081
44,240
Somerset Renewables Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
12,114
7,127
Accrued income and prepayments
5,376
3,977
Amounts falling due after more than one year
Accrued income and prepayments
628
-
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
92,548
51,434
Taxes and social security
4,611
29,196
Loans from directors
18,357
1,153
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Average number of employees
During the year the average number of employees was 2 (2024: 2).