Company Registration No. SC345238 (Scotland)
Tweed Renewables Limited
Unaudited accounts
for the year ended 31 March 2026
Tweed Renewables Limited
Unaudited accounts
Contents
Tweed Renewables Limited
Company Information
for the year ended 31 March 2026
Directors
Scott James Mulligan
Sarah Louise Mulligan
Company Number
SC345238 (Scotland)
Registered Office
5 TWEED AVENUE
PEEBLES
BORDERS
EH45 8AS
United Kingdom
Accountants
ADD Accounting Solutions Limited
12 Loaning Crescent
Peebles
Borders
EH459JR
Tweed Renewables Limited
Statement of financial position
as at 31 March 2026
Tangible assets
2,946
3,929
Cash at bank and in hand
1,422
15,133
Creditors: amounts falling due within one year
(3,310)
(9,758)
Net current (liabilities)/assets
(1,660)
5,704
Total assets less current liabilities
1,286
9,633
Creditors: amounts falling due after more than one year
(11,683)
(13,528)
Provisions for liabilities
Net liabilities
(10,955)
(4,640)
Called up share capital
100
100
Profit and loss account
(11,055)
(4,740)
Shareholders' funds
(10,955)
(4,640)
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 September 2026 and were signed on its behalf by
Scott James Mulligan
Director
Company Registration No. SC345238
Tweed Renewables Limited
Notes to the Accounts
for the year ended 31 March 2026
Tweed Renewables Limited is a private company, limited by shares, registered in Scotland, registration number SC345238. The registered office is 5 TWEED AVENUE, PEEBLES, BORDERS, EH45 8AS, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
2,084
18,759
740
21,583
At 31 March 2026
2,084
18,759
740
21,583
At 1 April 2025
1,494
15,420
740
17,654
Charge for the year
148
835
-
983
At 31 March 2026
1,642
16,255
740
18,637
At 31 March 2026
442
2,504
-
2,946
At 31 March 2025
590
3,339
-
3,929
Amounts falling due within one year
Accrued income and prepayments
228
329
Tweed Renewables Limited
Notes to the Accounts
for the year ended 31 March 2026
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
796
3,195
Trade creditors
1,488
1,620
Taxes and social security
5
1,346
7
Creditors: amounts falling due after more than one year
2026
2025
Loans from directors
11,683
12,795
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).