Company No: 07812024 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	604,471		700,113
		604,471		700,113
Current assets
Debtors	4	81,893		161,166
Cash at bank and in hand		120,491		43,347
		202,384		204,513
Creditors: amounts falling due within one year	5	( 254,459)		( 285,707)
Net current liabilities		(52,075)		(81,194)
Total assets less current liabilities		552,396		618,919
Creditors: amounts falling due after more than one year	6	( 125,000)		( 125,000)
Provision for liabilities		( 151,117)		( 167,398)
Net assets		276,279		326,521
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		276,179		326,421
Total shareholders' funds		276,279		326,521

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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of UK Renewable Energy Developments Ltd (registered number: 07812024) were approved and authorised for issue by the Board of Directors on 15 July 2026. They were signed on its behalf by:

Mr Timothy Dart Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

UK Renewable Energy Developments Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Creagh Lodge Timbercombe Lane, Charlton Kings, Cheltenham, GL53 8EE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the generation of electricity and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

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.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost, net of depreciation. Depreciation is provided on tangible fixed assets at rates calculated to write off the cost of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery	20 years straight line
Fixtures and fittings	20 years straight line
Office equipment	5 years straight line

Leases

The Company as lessee
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Tangible assets

	Plant and machinery		Fixtures and fittings		Office equipment		Total
	£		£		£		£
Cost
At 01 November 2024	692,880		533,439		1,704		1,228,023
Additions	41,558		0		0		41,558
Disposals	( 158,375)		0		0		( 158,375)
At 31 October 2025	576,063		533,439		1,704		1,111,206
Accumulated depreciation
At 01 November 2024	284,533		242,768		609		527,910
Charge for the financial year	27,384		35,567		341		63,292
Disposals	( 84,467)		0		0		( 84,467)
At 31 October 2025	227,450		278,335		950		506,735
Net book value
At 31 October 2025	348,613		255,104		754		604,471
At 31 October 2024	408,347		290,671		1,095		700,113

4. Debtors

	2025		2024
	£		£
Trade debtors	76,893		47,074
Other debtors	5,000		114,092
	81,893		161,166

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Taxation and social security	10,128		5,573
Other creditors	244,331		280,134
	254,459		285,707

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Other creditors	125,000		125,000

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

8. Related party transactions

Other related party transactions

Timothy Dart Limited
This company owns 50% of the shares in the UK Renewable Energy Developments Limited. During the year funds were repaid to this company. At the year end the company was owed £0 (2024 (£108,000) The loan was interest free and repayable on demand.