Company Registration No. 12376999 (England and Wales)
BRIT Renewables Limited
Unaudited accounts
for the year ended 31 December 2022
BRIT Renewables Limited
Unaudited accounts
Contents
BRIT Renewables Limited
Company Information
for the year ended 31 December 2022
Director
Ravishankar Tumuluri
Company Number
12376999 (England and Wales)
Registered Office
BUILD STUDIOS
203 WESTMINSTER BRIDGE ROAD
LONDON
SE1 7FR
ENGLAND
Accountants
Lunar accountancy Ltd
41 Lancaster Gate
London
W2 3NA
BRIT Renewables Limited
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
-
2
Creditors: amounts falling due within one year
(66,208)
(6,040)
Net current assets
330,984
194,011
Total assets less current liabilities
331,039
194,066
Creditors: amounts falling due after more than one year
(322,967)
(186,944)
Called up share capital
100
100
Profit and loss account
7,972
7,022
Shareholders' funds
8,072
7,122
For the year ending 31 December 2022 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 director acknowledges his 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 and authorised for issue on 25 May 2023 and were signed on its behalf by
Ravishankar Tumuluri
Director
Company Registration No. 12376999
BRIT Renewables Limited
Notes to the Accounts
for the year ended 31 December 2022
BRIT Renewables Limited is a private company, limited by shares, registered in England and Wales, registration number 12376999. The registered office is BUILD STUDIOS, 203 WESTMINSTER BRIDGE ROAD, LONDON, SE1 7FR, ENGLAND.
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.
4
Investments
Subsidiary undertakings
Valuation at 1 January 2022
55
Valuation at 31 December 2022
55
Amounts falling due within one year
Amounts due from group undertakings etc.
363,962
171,257
Other debtors
16,450
28,792
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
-
4,595
Taxes and social security
1,613
1,390
BRIT Renewables Limited
Notes to the Accounts
for the year ended 31 December 2022
7
Creditors: amounts falling due after more than one year
2022
2021
Other creditors
278,594
141,654
8
Transactions with related parties
As at 31st December 2022 the company was owed £16,350 (2021 - £28,667) by Tyler Hill Venture Limited, a company in which the director, Ravishankar Tumuluri, is also a director and that is included in other debtors in note 5.
At 31st December 2022 the company owed £49,145 to Tyler Hill Renewables Limited, a company in which the director, Ravishankar Tumuluri, is also a director and that is included in other Creditors in note 6.
9
Average number of employees
During the year the average number of employees was 1 (2021: 1).
