Low Carbon Europe Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08451494 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

LOW CARBON EUROPE LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

11,300

3,624

CURRENT ASSETS

Debtors

5

1,814,831

2,822,705

Cash at bank

3,561,591

3,146,304

5,376,422

5,969,009

CREDITORS

Amounts falling due within one year

6

4,998,867

5,734,148

NET CURRENT ASSETS

377,555

234,861

TOTAL ASSETS LESS CURRENT
LIABILITIES

388,855

238,485

CAPITAL AND RESERVES

Called up share capital

7

100

Share premium

500

Special reserve

10

Retained earnings

388,245

237,875

SHAREHOLDERS' FUNDS

388,855

238,485

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by:

Mr D A Jones - Director

1.	STATUTORY INFORMATION

Low Carbon Europe Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

08451494

Registered office:

Unit 2.02 High Weald House

Glovers End

Bexhill

TN39 5E

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.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 18 (2025 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

Cost

At 1 April 2025

3,075

6,358

23,402

32,835

Additions

-

155

10,139

10,294

At 31 March 2026

3,075

6,513

33,541

43,129

Depreciation

At 1 April 2025

2,345

4,783

22,083

29,211

Charge for year

183

405

2,030

2,618

At 31 March 2026

2,528

5,188

24,113

31,829

Net book value

At 31 March 2026

547

1,325

9,428

11,300

At 31 March 2025

730

1,575

1,319

3,624

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

1,431,998

2,779,895

Amounts owed by group undertakings

340,000

36,000

Other debtors

42,833

6,810

1,814,831

2,822,705

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

865,975

623,743

Amounts owed to group undertakings

100,000

64,000

Taxation and social security

604,649

987,266

Other creditors

3,428,243

4,059,139

4,998,867

5,734,148

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

30

A Ordinary

1

30

60

C Ordinary

1

60

10

D Ordinary

1

10

100