Registration number:
Rotherham Solar 1 Ltd
for the Period from 1 April 2022 to 31 October 2022
Pages for filing with Registrar
Rotherham Solar 1 Ltd
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Rotherham Solar 1 Ltd
Company Information
Directors |
TMK Tervo JA Spooner O Saward TT Oksanen |
Registered office |
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Registered number |
13254676 |
Accountant |
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Rotherham Solar 1 Ltd
(Registration number: 13254676)
Balance Sheet as at 31 October 2022
Note |
31 October |
31 March |
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Fixed assets |
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Intangible assets |
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- |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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- |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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( |
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Total equity |
( |
( |
Rotherham Solar 1 Ltd
(Registration number: 13254676)
Balance Sheet as at 31 October 2022
For the financial period ending 31 October 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised for issue by the
.........................................
Director
Rotherham Solar 1 Ltd
Notes to the Unaudited Financial Statements for the Period from 1 April 2022 to 31 October 2022
Statutory information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England
Accounting policies |
Summary of significant accounting policies
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention.
The financial statements are prepared in pounds sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
Going concern
The directors have prepared the financial statements on a going concern basis which assumes that the company will have sufficient financial resources to meet its liabilities for a period of at least twelve months from the date of approving these financial statements. The company’s balance sheet includes a significant net creditor position owed to group undertakings, and therefore the directors have considered the support received from the wider group when completing this assessment. Based on the support which the directors expect to be available from the parent company and wider group during this early development phase, the directors consider it appropriate to prepare the financial statements on a going concern basis.
Disclosure of long or short period
Rotherham Solar 1 Ltd
Notes to the Unaudited Financial Statements for the Period from 1 April 2022 to 31 October 2022
Intangible fixed assets
Expenditure on research activities is charged to the profit and loss account as incurred.
Expenditure on development activities is capitalised as intangible assets if the project is considered to be technically and commercially feasible and has received formal board approval and funding to complete the project for use or for sale.
Development projects relate to solar developments. Costs incurred in bringing these projects to the consent stage include options over land rights, planning application costs and environmental impact studies.
Development assets are not amortised until the asset is complete and ready for its intended use at which point it is transferred into Property Plant and Equipment. Intangible assets are subject to annual impairment testing.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand.
Trade creditors
Trade creditors are recognised initially at the transaction price.
Share capital
Ordinary shares are classified as equity.
Staff numbers |
The average number of persons employed by the company (including directors) during the period, was
Rotherham Solar 1 Ltd
Notes to the Unaudited Financial Statements for the Period from 1 April 2022 to 31 October 2022
Intangible fixed assets |
Development costs |
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Cost |
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At 1 April 2022 |
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Additions |
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At 31 October 2022 |
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Amortisation |
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At 1 April 2022 |
- |
At 31 October 2022 |
- |
Carrying amount |
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At 31 October 2022 |
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At 31 March 2022 |
- |
Debtors: amounts falling due within one year |
Note |
31 October |
31 March |
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Amounts owed by group undertakings |
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- |
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Prepayments |
- |
467 |
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Other debtors |
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Rotherham Solar 1 Ltd
Notes to the Unaudited Financial Statements for the Period from 1 April 2022 to 31 October 2022
Creditors |
Note |
31 October |
31 March |
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Amounts falling due within one year |
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Trade creditors |
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Amounts owed to group undertakings |
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Accruals |
5,025 |
1,200 |
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Amounts due to group undertakings includes a loan of £432,000 from Climate ER Helio Limited, which is repayable on demand and interest free.
Share capital |
Allotted, called up and fully paid shares
31 October |
31 March |
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No. |
£ |
No. |
£ |
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2 |
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2 |
Related party transactions |
Summary of transactions with parent
Summary of transactions with other related parties
Rotherham Solar 1 Ltd
Notes to the Unaudited Financial Statements for the Period from 1 April 2022 to 31 October 2022
Parent and ultimate parent undertaking |
The company's immediate parent is