iGreen Energy Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07992267

iGreen Energy Limited

Filleted Unaudited Financial Statements

31 March 2026

iGreen Energy Limited

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5		90,510	84,532

Current assets

Stocks		3,000	2,000
Debtors	6	132,251	40,870
Cash at bank and in hand		140,477	99,282
		---------	---------
		275,728	142,152

Creditors: amounts falling due within one year	7	76,009		43,550
		---------		---------
Net current assets			199,719	98,602
			---------	---------
Total assets less current liabilities			290,229	183,134

Creditors: amounts falling due after more than one year	8		2,892	1,250

Provisions

Taxation including deferred tax	5,842	4,347
	---------	---------
Net assets	281,495	177,537
	---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	281,395	177,437
	---------	---------
Shareholders funds	281,495	177,537
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

iGreen Energy Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 24 September 2026 , and are signed on behalf of the board by:

Mr C R Jones
Director

Company registration number: 07992267

iGreen Energy Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Sarn Farm, Rhosygadfa, Oswestry, Shropshire, SY10 7AU.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Right of use assets

The company assesses whether a contract is or contains a lease at inception. The company recognises a right-of-use asset and a corresponding lease liability on the statement of financial position for all lease agreements where it is the lessee, and which it has assessed whether or not the exemption for short term or low value leases can be applied.

Any assessed right-of-use asset is measured at cost. This includes the initial measurement of the lease liability, any lease payments made at or before the commencement date (less any lease incentives received), any initial direct costs incurred, and an estimate of costs to dismantle or restore the underlying asset.

The right-of-use asset is subsequently depreciated using the straight-line method from the commencement date to the earlier of the end of the useful life of the right-of-use asset or the end of the lease term. The right-of-use asset value is periodically reviewed and can be reduced by impairment losses, if any, and adjusted for certain remeasurements of the lease liability, subsequent to any uplift in the lease cost.

Interest is charged on the right of use asset at a rate assessed as being appropriate at the time the lease commences.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

The turnover shown in the profit and loss account represents amounts invoiced during the year for the supply and fitting of wind turbines, solar pv, and energy saving lighting systems, exclusive of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Right of use asset	-	Straight line over 2 years
Motor Vehicles	-	25% Reducing balance
Equipment	-	25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and which have been assessed as having the right of use assets exemption applied, are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability. Assets held under finance leases as lessor are recognised in the statement of financial position as receivables at the value of the net investment in the lease. Any initial direct costs are included in the receivable.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

The following assets and liabilities within the accounts are classified as financial instruments - trade debtors, trade creditors and directors loans. Directors loans (being repayable upon demand), trade debtors and trade creditors, are measured at the undiscounted amount of cash or other consideration expected to be paid or received. Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If such evidence is found, an impairment loss is recognised in the statement of Income and Retained Earnings.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2025: 2 ).

5. Tangible assets

	Land and buildings	Right of use asset	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 April 2025	67,144	–	34,491	8,493	110,128
Additions	–	11,676	–	1,443	13,119
	--------	--------	--------	-------	---------
At 31 March 2026	67,144	11,676	34,491	9,936	123,247
	--------	--------	--------	-------	---------
Depreciation
At 1 April 2025	–	–	19,940	5,656	25,596
Charge for the year	–	2,433	3,638	1,070	7,141
	--------	--------	--------	-------	---------
At 31 March 2026	–	2,433	23,578	6,726	32,737
	--------	--------	--------	-------	---------
Carrying amount
At 31 March 2026	67,144	9,243	10,913	3,210	90,510
	--------	--------	--------	-------	---------
At 31 March 2025	67,144	–	14,551	2,837	84,532
	--------	--------	--------	-------	---------

6. Debtors

	2026	2025
	£	£
Trade debtors	88,758	26,104
Other debtors	43,493	14,766
	---------	--------
	132,251	40,870
	---------	--------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	1,250	3,000
Trade creditors	3,055	27,187
Social security and other taxes	62,438	11,729
Other creditors	9,266	1,634
	--------	--------
	76,009	43,550
	--------	--------

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

	2026	2025
	£	£
Bank loans and overdrafts	–	1,250
Other creditors	2,892	–
	-------	-------
	2,892	1,250
	-------	-------

9. Director's advances, credits and guarantees

The director operated a loan account with the company in the year. The opening balance of the account was £13,727 owed by the director with movement in the period of £28,361 resulting in a closing balance of £42,088 owed by the director at the year end. Interest has been charged at the statutorily prescribed rate of 3.75% and the loan is repayable on demand.

10. Related party transactions

No further transactions with related parties were undertaken such as are required to be disclosed.