Cornwall Renewable Developments Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 6

Cornwall Renewable Developments Limited

Company Information

Director

T R Dart

Registered office

Underhill Farm Boyton Launceston Cornwall PL15 8NR

Accountants

Francis Clark LLP Lowin House Tregolls Road Truro Cornwall TR1 2NA

Cornwall Renewable Developments Limited

Balance Sheet

31 October 2025

	Note	2025 £	2024 £
Current assets
Debtors	4	308	250,000
Cash at bank and in hand		1,661	88
		1,969	250,088
Creditors: Amounts falling due within one year	5	(1,400)	(466,781)
Net assets/(liabilities)		569	(216,693)
Capital and reserves
Called up share capital	6	100	100
Profit and loss account		469	(216,793)
Shareholders' funds/(deficit)		569	(216,693)

Cornwall Renewable Developments Limited

Balance Sheet

31 October 2025

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 17 June 2026
 

......................................... T R Dart Director

Company Registration Number: 07828855

Cornwall Renewable Developments Limited

Notes to the Unaudited Financial Statements

Year Ended 31 October 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Underhill Farm
Boyton
Launceston
Cornwall
PL15 8NR

These financial statements were authorised for issue by the director on 17 June 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis on the basis that the Director of the company has confirmed that the company has sufficient working capital with their support to continue to trade for the foreseeable future.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cornwall Renewable Developments Limited

Notes to the Unaudited Financial Statements

Year Ended 31 October 2025

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors;
• Cash and bank balances.

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Except for bank loans, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

Bank loans are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method.


 

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2024 - 0).

4

Debtors

	Note	2025 £	2024 £
Amounts owed by group undertakings and undertakings in which the company has a participating interest	7	308	-
Prepayments		-	250,000
		308	250,000

Cornwall Renewable Developments Limited

Notes to the Unaudited Financial Statements

Year Ended 31 October 2025

5

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		-	793
Amounts owed to group undertakings and undertakings in which the company has a participating interest	7	-	362,213
Accruals and deferred income		1,400	1,000
Other creditors		-	102,775
		1,400	466,781

6	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

7	Related party transactions

Other transactions with the director

During the year the company advanced loans to the director totalling £89,315.
At the end of the year an amount of £nil was due to the company (2024 £89,315 due from the company)

Summary of transactions with other related parties

Timothy Dart Limited Timothy Dart Limited owns 100% of the share capital of the company.
During the year the company was loaned funds to Timothy Dart Limited totalling £362,521 (2024 £231,780).
At the year end the company was owed £308 by Timothy Dart Limited (2024 £362,213 owed to Timothy Dart Limited).