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Registered number: 11780032
Microgrid Foundry Limited
Directors' Report and
Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Company Information 1
Directors' Report 2—3
Accountant's Report 4
Profit and Loss Account 5
Balance Sheet 6—7
Statement of Changes in Equity 8
Notes to the Financial Statements 9
Page 1
Company Information
Director Damon Rand
Company Number 11780032
Registered Office Unit 21a Eastern Business Centre
Felix Road
Bristol
Somerset
B55 0HE
Accountants Third Sector Accountancy Limited
Holyoake House
Hanover Street
Manchester
M60 0AS
Page 1
Page 2
Directors' Report
The directors present their report and the financial statements for the year ended 31 March 2025.
Directors
The directors who held office during the year were as follows:
Damon Rand
Donald Weston Resigned 17/11/2025
Andrew O'Brien Resigned 17/11/2025
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Damon Rand
Director
26/03/2026
Page 3
Page 4
Accountant's Report
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Microgrid Foundry Limited for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Microgrid Foundry Limited for the year ended 31 March 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of Microgrid Foundry Limited , as a body, in accordance with the terms of our engagement letter dated 30 November 2020. Our work has been undertaken solely to prepare for your approval the accounts of Microgrid Foundry Limited and state those matters that we have agreed to state to the directors of Microgrid Foundry Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Microgrid Foundry Limited and its directors, as a body, for our work or for this report.
It is your duty to ensure that Microgrid Foundry Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Microgrid Foundry Limited . You consider that Microgrid Foundry Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Microgrid Foundry 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 financial statements.
20/04/2026
Third Sector Accountancy Limited
Holyoake House
Hanover Street
Manchester
M60 0AS
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Profit and Loss Account
2025 2024
Notes £ £
Cost of sales - -
GROSS PROFIT - -
Administrative expenses (2,654 ) (7,753 )
OPERATING LOSS (2,654 ) (7,753 )
Loss on disposal of fixed assets - (6,859 )
Other interest receivable and similar income - 2
LOSS FOR THE FINANCIAL YEAR (2,654 ) (14,610 )
The notes on page 9 form part of these financial statements.
Page 5
Page 6
Balance Sheet
2025 2024
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 4 - 198
Cash at bank and in hand 1,257 2,753
1,257 2,951
Creditors: Amounts Falling Due Within One Year 5 (1,320 ) (360 )
NET CURRENT ASSETS (LIABILITIES) (63 ) 2,591
TOTAL ASSETS LESS CURRENT LIABILITIES (63 ) 2,591
NET (LIABILITIES)/ASSETS (63 ) 2,591
CAPITAL AND RESERVES
Called up share capital 6 1,667 1,667
Share premium account 118,333 118,333
Profit and Loss Account (120,063 ) (117,409 )
SHAREHOLDERS' FUNDS (63) 2,591
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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 in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Damon Rand
Director
20/04/2026
The notes on page 9 form part of these financial statements.
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Statement of Changes in Equity
Share Capital Share Premium Profit and Loss Account Total
£ £ £ £
As at 1 April 2023 1,667 118,333 (12,799 ) 107,201
Loss for the year and total comprehensive income - - (14,610 ) (14,610)
Dividends paid - - (90,000) (90,000)
As at 31 March 2024 and 1 April 2024 1,667 118,333 (117,409 ) 2,591
Loss for the year and total comprehensive income - - (2,654 ) (2,654)
As at 31 March 2025 1,667 118,333 (120,063 ) (63)
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Notes to the Financial Statements
1. General Information
Microgrid Foundry Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11780032 . The registered office is Unit 21a Eastern Business Centre, Felix Road, Bristol, Somerset, B55 0HE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 198
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Accruals and deferred income 1,320 360
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,667 1,667
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