BIOGAS 74 (NI) LTD

Company Registration Number:
NI653967 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

BIOGAS 74 (NI) LTD

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

BIOGAS 74 (NI) LTD

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Intangible assets: 3 107,906 94,230
Tangible assets: 4 1,573,970 1,722,084
Total fixed assets: 1,681,876 1,816,314
Current assets
Stocks: 5,899,742 1,705,413
Debtors:   358,841 701,989
Cash at bank and in hand: 717,090 389,417
Total current assets: 6,975,673 2,796,819
Creditors: amounts falling due within one year:   (3,973,052) (1,118,666)
Net current assets (liabilities): 3,002,621 1,678,153
Total assets less current liabilities: 4,684,497 3,494,467
Creditors: amounts falling due after more than one year:   (1) (1)
Total net assets (liabilities): 4,684,496 3,494,466
Capital and reserves
Called up share capital: 202 202
Other reserves: 77,874 64,198
Profit and loss account: 4,606,420 3,430,066
Shareholders funds: 4,684,496 3,494,466

The notes form part of these financial statements

BIOGAS 74 (NI) LTD

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 December 2025
and signed on behalf of the board by:

Name: Thomas Campbell
Status: Director

The notes form part of these financial statements

BIOGAS 74 (NI) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible fixed assets and depreciation policy

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows: - Land and buildings freehold - 2% Straight line - Plant and machinery - 10% Straight line - Motor vehicles - 25% Reducing balance The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Intangible fixed assets and amortisation policy

Bitcoin Investment Bitcoin Investment are valued at cost less accumulated amortisation.

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

BIOGAS 74 (NI) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 4 3

BIOGAS 74 (NI) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Intangible Assets

Total
Cost £
At 01 April 2024 94,230
Revaluations 13,676
At 31 March 2025 107,906
Amortisation
At 01 April 2024 0
At 31 March 2025 0
Net book value
At 31 March 2025 107,906
At 31 March 2024 94,230

BIOGAS 74 (NI) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Tangible Assets

Total
Cost £
At 01 April 2024 2,393,328
Additions 35,900
At 31 March 2025 2,429,228
Depreciation
At 01 April 2024 671,244
Charge for year 184,014
At 31 March 2025 855,258
Net book value
At 31 March 2025 1,573,970
At 31 March 2024 1,722,084

BIOGAS 74 (NI) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Changes in presentation and prior period adjustments

During the accounting period, it was discovered that there was an error in the land and buildings depreciation in prior years amounting to £20,154. The error has been corrected retrospectively in the current year financial statements and the comparative balances have been restated for the error.