Company Registration No. 13952191 (England and Wales)
Clyde Net Zero Limited
Unaudited accounts
for the year ended 31 March 2025
Clyde Net Zero Limited
Unaudited accounts
Contents
Clyde Net Zero Limited
Company Information
for the year ended 31 March 2025
Director
Robert Pollock Connelly
Secretary
Robert Pollock Connelly
Company Number
13952191 (England and Wales)
Registered Office
Aykley Vale Chambers
Durham Road
Aykley
DH1 5NE
United Kingdom
Accountants
Calder Hay Stewart & Co Ltd
153 Queen Street
Glasgow
G1 3BJ
Clyde Net Zero Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
6,716
1,700
Creditors: amounts falling due within one year
(828,353)
(522,353)
Net current assets
491,584
138,506
Total assets less current liabilities
504,687
138,506
Creditors: amounts falling due after more than one year
(504,587)
-
Called up share capital
100
100
Profit and loss account
-
138,406
Shareholders' funds
100
138,506
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 director acknowledges his 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 and authorised for issue on 30 September 2025 and were signed on its behalf by
Robert Pollock Connelly
Director
Company Registration No. 13952191
Clyde Net Zero Limited
Notes to the Accounts
for the year ended 31 March 2025
Clyde Net Zero Limited is a private company, limited by shares, registered in England and Wales, registration number 13952191. The registered office is Aykley Vale Chambers, Durham Road, Aykley, DH1 5NE, United Kingdom.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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 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:
Clyde Net Zero Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
10,872
4,356
2,242
17,470
At 31 March 2025
10,872
4,356
2,242
17,470
Charge for the year
2,718
1,089
560
4,367
At 31 March 2025
2,718
1,089
560
4,367
At 31 March 2025
8,154
3,267
1,682
13,103
Amounts falling due within one year
Trade debtors
731,872
115,375
Accrued income and prepayments
20,685
-
Other debtors
560,664
543,784
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
25,500
Trade creditors
599,165
442,587
Taxes and social security
140,680
44,800
Other creditors
1,292
9,466
Loans from directors
77,466
-
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 9 (2024: 1).