Company Registration No. 13526387 (England and Wales)
HARE HILL SOLAR LTD
Unaudited accounts
for the year ended 31 July 2023
HARE HILL SOLAR LTD
Unaudited accounts
Contents
HARE HILL SOLAR LTD
Company Information
for the year ended 31 July 2023
Directors
Alp Karli
Andrew William Lyle
Company Number
13526387 (England and Wales)
Registered Office
11a Heath Drive Flat 2 (First Floor)
London
NW3 7SN
England
Accountants
Aidhan and Partners
Simply Accountants Ltd
8 Devonshire Square
London
EC2M 4PL
HARE HILL SOLAR LTD
Statement of financial position
as at 31 July 2023
Tangible assets
113,373
79,080
Cash at bank and in hand
1,135
8,188
Creditors: amounts falling due within one year
(2,048)
(630)
Net current assets
2,662
24,245
Total assets less current liabilities
116,035
103,325
Creditors: amounts falling due after more than one year
(117,015)
(103,390)
Called up share capital
1,000
1,000
Profit and loss account
(1,980)
(1,065)
Shareholders' funds
(980)
(65)
For the year ending 31 July 2023 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 9 April 2024 and were signed on its behalf by
Alp Karli
Director
Company Registration No. 13526387
HARE HILL SOLAR LTD
Notes to the Accounts
for the year ended 31 July 2023
HARE HILL SOLAR LTD is a private company, limited by shares, registered in England and Wales, registration number 13526387. The registered office is 11a Heath Drive Flat 2 (First Floor), London, NW3 7SN, 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.
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax
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:
The financial statements have been prepared on a going concern basis due to continued support of its directors and shareholders.
Development Cost - Electricity Generation Plant
The cost of development of an electricity generation plant has been capitalised as development cost under Property, Plant, and Equipment. Depreciation will be provided at the following rates in order to write off the assets over their estimated useful lives
once the plant has become operational:
Development Cost - Electricity Generation Plant 10% straight line
HARE HILL SOLAR LTD
Notes to the Accounts
for the year ended 31 July 2023
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
7
Creditors: amounts falling due after more than one year
2023
2022
Amounts owed to group undertakings and other participating interests
117,015
103,390
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).