REGISTERED NUMBER: 06975396 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

RENEWABLES FIRST LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P C Davis

REGISTERED OFFICE:

The Mill

Brimscombe Hill

Brimscombe

Stroud

Gloucestershire

GL5 2QG

REGISTERED NUMBER:

06975396 (England and Wales)

ACCOUNTANTS:

Grosvenor Tax Practice Limited

7 Larksfield Road

Kingscourt

Stroud

Gloucestershire

GL5 3PL

FIXED ASSETS

Tangible assets

4

5,377

6,147

CURRENT ASSETS

Stocks

33,200

33,915

Debtors

5

90,807

103,912

Cash at bank

187,261

212,640

311,268

350,467

CREDITORS

Amounts falling due within one year

6

52,846

82,849

NET CURRENT ASSETS

258,422

267,618

TOTAL ASSETS LESS CURRENT LIABILITIES

263,799

273,765

CAPITAL AND RESERVES

Called up share capital

501

501

Retained earnings

263,298

273,264

SHAREHOLDERS' FUNDS

263,799

273,765

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 July 2026 and were signed by:

P C Davis - Director

1.	STATUTORY INFORMATION

Renewables First Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover for long term contracts and contracts for ongoing services is recognised by reference to the stage of completion of the project. For time and materials contracts, turnover is recognised in the period in which the services are provided. Turnover is always stated net of VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

at varying rates on cost

Stocks

Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

79,028

Additions

2,912

At 31 October 2025

81,940

DEPRECIATION

At 1 November 2024

72,881

Charge for year

3,682

At 31 October 2025

76,563

NET BOOK VALUE

At 31 October 2025

5,377

At 31 October 2024

6,147

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

58,344

78,957

Other debtors

32,463

24,955

90,807

103,912

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

5,360

19,961

Taxation and social security

39,807

45,451

Other creditors

7,679

17,437

52,846

82,849

7.	OTHER FINANCIAL COMMITMENTS

At 31 October 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £7,681 (2024 - £9,375).

8.	ULTIMATE CONTROLLING PARTY

P Davis, being the director and sole shareholder of the company, is the ultimate controlling party.