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REGISTERED NUMBER: OC378491 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

BEINN EAGAGACH HYDRO LLP

BEINN EAGAGACH HYDRO LLP (REGISTERED NUMBER: OC378491)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Balance Sheet 1

Notes to the Financial Statements 3


BEINN EAGAGACH HYDRO LLP (REGISTERED NUMBER: OC378491)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,889,417 2,990,226

CURRENT ASSETS
Debtors 5 719,788 683,129
Cash at bank 122,656 84,791
842,444 767,920
CREDITORS
Amounts falling due within one year 6 128,733 86,619
NET CURRENT ASSETS 713,711 681,301
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

3,603,128

3,671,527

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

3,603,028

3,671,427

MEMBERS' OTHER INTERESTS
Capital accounts 100 100
3,603,128 3,671,527

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 3,603,028 3,671,427
Members' other interests 100 100
3,603,128 3,671,527

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 December 2023.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

BEINN EAGAGACH HYDRO LLP (REGISTERED NUMBER: OC378491)

BALANCE SHEET - continued
31 DECEMBER 2023


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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 4 July 2024 and were signed by:





Edradynate Limited - Designated member

BEINN EAGAGACH HYDRO LLP (REGISTERED NUMBER: OC378491)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Beinn Eagagach is registered in England and Wales. The company's registered number is OC378491 and the registered office is, Shalden Park Steading, Shalden, Alton, Hampshire, GU34 4DS.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only the period, or in the period of the revision and future periods where the revision affects both current and future periods.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates;

Plant and Machinery - 5% Straight line and 2% Straight line.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern
Based on current trading and future expectations, the members are confident the LLP will continue to trade profitably in future periods and generate sufficient cash flows to meet its obligations as they fall due for payment.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2022 - NIL).

BEINN EAGAGACH HYDRO LLP (REGISTERED NUMBER: OC378491)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 3,292,652
DEPRECIATION
At 1 January 2023 302,426
Charge for year 100,809
At 31 December 2023 403,235
NET BOOK VALUE
At 31 December 2023 2,889,417
At 31 December 2022 2,990,226

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 472,319 478,801
Other debtors 247,469 204,328
719,788 683,129

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 28,721 17,298
Taxation and social security 73,033 59,767
Other creditors 26,979 9,554
128,733 86,619

BEINN EAGAGACH HYDRO LLP (REGISTERED NUMBER: OC378491)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


7. LOANS AND OTHER DEBTS DUE TO MEMBERS

2023 2022
£    £   

Amounts owed to members 3,603,028 3,671,427

Falling due within one year 226,403 226,403

Falling due in more than one year 3,376,625 3,445,024



8. RELATED PARTY DISCLOSURES

During the year management fees of £36,750 (2022: £24,500) and operating lease payments of £3,627 (2022: £3,324) were paid to Edradynate Limited, a designated member of Beinn Eagagach Hydro LLP.

During the year management fees of £15,750 (2022: £10,500) and operating lease payments of £145 (2022: £132) were paid to Derculich (Strathtay) Limited, a designated member of Beinn Eagagach Hydro LLP.



9. ULTIMATE CONTROLLING PARTY

The partnership's immediate parent company is Edradynate Limited and the partnership's ultimate parent company is Ellis Campbell Group Limited, a company incorporated in England and Wales.