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Company Registration No. SC759039 (Scotland)
Proelec Renewables Ltd Unaudited accounts for the year ended 28 February 2026
Proelec Renewables Ltd Annual report and unaudited accounts for the year ended 28 February 2026
CONTENTS
PAGE
Company information
3
Accountants' report
4
Statement of financial position
5
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Proelec Renewables Ltd Company Information for the year ended 28 February 2026
Director
Alexander Gray
Company Number
SC759039 (Scotland)
Registered Office
24 York Street AYR Ayrshire KA8 8AZ United Kingdom
Accountants
McMorland & Co FTCA Limited 24 York Street Ayr KA8 8AZ
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Proelec Renewables Ltd Accountants' report
Accountants' report to the director of Proelec Renewables Ltd on the preparation of the unaudited statutory accounts for the year ended 28 February 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Proelec Renewables Ltd for the year ended 28 February 2026 as set out on pages 5 - 5 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Proelec Renewables Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Proelec Renewables Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Proelec Renewables Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Proelec Renewables Ltd 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 of Proelec Renewables Ltd. You consider that Proelec Renewables Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Proelec Renewables Ltd. 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 statutory accounts.
McMorland & Co FTCA Limited 24 York Street Ayr KA8 8AZ 14 July 2026
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Proelec Renewables Ltd Statement of Financial Position as at 28 February 2026
2026
2025
£
£
Fixed assets
92,759
12,525
Current assets
39,872
4,613
Creditors: amounts falling due within one year
(83,781)
(38,724)
Net current liabilities
(43,909)
(34,111)
Total assets less current liabilities
48,850
(21,586)
Accruals and deferred income
(6,000)
-
Net assets/(net liabilities)
42,850
(21,586)
Capital and reserves
42,850
(21,586)
NOTES TO THE ACCOUNTS
1 Statutory information
Proelec Renewables Ltd is a private company, limited by shares, registered in Scotland, registration number SC759039. The registered office is 24 York Street, AYR, Ayrshire, KA8 8AZ, United Kingdom.
2 Director's advances, credit and guarantees
The company owes the director a liability of £83,781 at the year end (2025 - £16,700).
3 Average number of employees
During the year the average number of employees was 1 (2025: 1).
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 14 July 2026
Alexander Gray Director Company Registration No. SC759039
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