Caseware UK (AP4) 2022.0.179 2022.0.179 2022-11-302022-11-30falsetrue2022-03-22trueNo description of principal activity2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13995116 2022-03-21 13995116 2022-03-22 2022-11-30 13995116 2021-03-22 2022-03-21 13995116 2022-11-30 13995116 c:Director2 2022-03-22 2022-11-30 13995116 d:PlantMachinery 2022-03-22 2022-11-30 13995116 d:PlantMachinery 2022-11-30 13995116 d:CurrentFinancialInstruments 2022-11-30 13995116 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 13995116 d:ShareCapital 2022-11-30 13995116 d:RetainedEarningsAccumulatedLosses 2022-11-30 13995116 c:FRS102 2022-03-22 2022-11-30 13995116 c:AuditExempt-NoAccountantsReport 2022-03-22 2022-11-30 13995116 c:FullAccounts 2022-03-22 2022-11-30 13995116 c:PrivateLimitedCompanyLtd 2022-03-22 2022-11-30 iso4217:GBP xbrli:pure

Registered number: 13995116










POND FARM WIND LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 NOVEMBER 2022

 
POND FARM WIND LIMITED
REGISTERED NUMBER: 13995116

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2022

2022
Note
£

Fixed assets
  

Tangible assets
 4 
1,390,159

  
1,390,159

Current assets
  

Debtors: amounts falling due within one year
 5 
12,401

Cash at bank and in hand
 6 
103,654

  
116,055

Creditors: amounts falling due within one year
 7 
(1,507,970)

Net current (liabilities)/assets
  
 
 
(1,391,915)

Total assets less current liabilities
  
(1,756)

  

Net (liabilities)/assets
  
(1,756)


Capital and reserves
  

Called up share capital 
  
1,000

Profit and loss account
  
(2,756)

  
(1,756)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 15 November 2023.



Page 1

 
POND FARM WIND LIMITED
REGISTERED NUMBER: 13995116
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2022


................................................
D R A Mack
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
POND FARM WIND LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2022

1.


General information

Pond Farm Wind Limited is a private limited company by shares and incorporated in England and Wales, registration number 13995116. The registered office is Hill Farm, Lower Bodham, Norfolk, NR25 6PR.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. 

 
2.2

Going concern

The company's financial statements have been prepared on a going concern basis on the grounds that current and future sources of funding or support, primarily from the company's parent company, will be more than adequate for the company's needs. 

 
2.3

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 3

 
POND FARM WIND LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2022

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
Nil

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares. 


3.


Employees

The average monthly number of employees, including directors, during the period was 2.

Page 4

 
POND FARM WIND LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2022

4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


Additions
1,390,159



At 30 November 2022

1,390,159






Net book value



At 30 November 2022
1,390,159


5.


Debtors

2022
£


Other debtors
3,982

Prepayments and accrued income
7,667

Deferred taxation
752

12,401



6.


Cash and cash equivalents

2022
£

Cash at bank and in hand
103,654

103,654


Page 5

 
POND FARM WIND LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2022

7.


Creditors: Amounts falling due within one year

2022
£

Trade creditors
44,897

Amounts owed to group undertakings
1,460,982

Other creditors
1,116

Accruals and deferred income
975

1,507,970



8.


Controlling party

The controlling party is Genatec Limited. 

 
Page 6