Baronscourt Energy Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: NI609754

Baronscourt Energy Limited

Filleted Unaudited Financial Statements

31 March 2025

Baronscourt Energy Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	4	424	8,630
Investments	5	49	49
		----	-------
		473	8,679

Current assets

Debtors	6	24,004	28,864
Cash at bank and in hand		107,820	57,567
		---------	--------
		131,824	86,431

Creditors: amounts falling due within one year	7	141,872		170,790
		---------		---------
Net current liabilities			10,048	84,359
			--------	--------
Total assets less current liabilities			( 9,575)	( 75,680)

Provisions

Taxation including deferred tax	80	( 6,072)
	-------	--------
Net liabilities	( 9,655)	( 69,608)
	-------	--------

Capital and reserves

Called up share capital	2	2
Profit and loss account	( 9,657)	( 69,610)
	-------	--------
Shareholders deficit	( 9,655)	( 69,608)
	-------	--------

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 income statement has not been delivered.

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 .

Baronscourt Energy Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 2 October 2025 , and are signed on behalf of the board by:

Lord Hamilton	Mr M J Stuart
Director	Director

Company registration number: NI609754

Baronscourt Energy Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is Abercorn Estates, Baronscourt, Newtownstewart, Co Tyrone, BT78 4EZ. The principal activity of the company was the production of energy (electricity and heat).

2. Statement of compliance

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

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for energy supplied, stated net of discounts and of Value Added Tax.

Current and deferred tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Deferred tax balances are recognised in respect of timing differences that have originated but not reversed by the Statement of Financial Position date. Current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation.

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:

	Plant and Machinery	-	10% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

4. Tangible assets

	Plant and machinery	Total
	£	£
Cost
At 1 April 2024	259,073	259,073
Disposals	( 57,940)	( 57,940)
	---------	---------
At 31 March 2025	201,133	201,133
	---------	---------
Depreciation
At 1 April 2024	250,443	250,443
Charge for the year	972	972
Disposals	( 50,706)	( 50,706)
	---------	---------
At 31 March 2025	200,709	200,709
	---------	---------
Carrying amount
At 31 March 2025	424	424
	---------	---------
At 31 March 2024	8,630	8,630
	---------	---------

5. Investments

	Shares
	£
Cost
At 1 April 2024 and 31 March 2025	49
	----
Impairment
At 1 April 2024 and 31 March 2025	–
	----

Carrying amount
At 31 March 2025	49
	----
At 31 March 2024	49
	----

6. Debtors

	2025	2024
	£	£
Trade debtors	24,004	28,864
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	9,467	260
Accruals and deferred income	1,534	1,474
Social security and other taxes	7,521	706
Other creditors	123,350	168,350
	---------	---------
	141,872	170,790
	---------	---------

8. Directors' advances, credits and guarantees

There payments made to the director during the year totalling £45,000, leaving a balance due at the 31 March 2025 of £123,350 (2024: £168,350).