IRIS Accounts Production v24.1.9.2 SO304827 designated member designated member 1.1.23 31.12.23 31.12.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSO3048272022-12-31SO3048272023-12-31SO3048272023-01-012023-12-31SO3048272021-12-31SO3048272022-01-012022-12-31SO3048272022-12-31SO304827ns15:Scotland2023-01-012023-12-31SO304827ns14:PoundSterling2023-01-012023-12-31SO304827ns10:Director12023-01-012023-12-31SO304827ns10:Director22023-01-012023-12-31SO304827ns10:LimitedLiabilityPartnershipLLP2023-01-012023-12-31SO304827ns10:SmallEntities2023-01-012023-12-31SO304827ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-31SO304827ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-31SO304827ns10:LimitedLiabilityPartnershipsSORP2023-01-012023-12-31SO304827ns10:FullAccounts2023-01-012023-12-31SO304827ns10:RegisteredOffice2023-01-012023-12-31SO304827ns5:CurrentFinancialInstruments2023-12-31SO304827ns5:CurrentFinancialInstruments2022-12-31SO304827ns5:PlantMachinery2023-01-012023-12-31SO304827ns5:PlantMachinery2022-12-31SO304827ns5:PlantMachinery2023-12-31SO304827ns5:PlantMachinery2022-12-31SO304827ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-31SO304827ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: SO304827 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

HALLMOSS RENEWABLES LLP

HALLMOSS RENEWABLES LLP (REGISTERED NUMBER: SO304827)






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




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HALLMOSS RENEWABLES LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DESIGNATED MEMBERS: Mewstead (Fraserburgh) LLP
P.B.P. Services (Scotland) Ltd





REGISTERED OFFICE: 141 Shore Street
Fraserburgh
Aberdeenshire
AB43 9BP





REGISTERED NUMBER: SO304827 (Scotland)

HALLMOSS RENEWABLES LLP (REGISTERED NUMBER: SO304827)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 812,738 882,685

CURRENT ASSETS
Debtors 6 685,285 611,715
Cash at bank 97,049 74,483
782,334 686,198
CREDITORS
Amounts falling due within one year 7 95,072 68,883
NET CURRENT ASSETS 687,262 617,315
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,500,000

1,500,000

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

MEMBERS' OTHER INTERESTS
Capital accounts 1,500,000 1,500,000
1,500,000 1,500,000

TOTAL MEMBERS' INTERESTS
Members' other interests 1,500,000 1,500,000
Amounts due from members 6 (583,626 ) (515,074 )
916,374 984,926

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.

HALLMOSS RENEWABLES LLP (REGISTERED NUMBER: SO304827)

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 18 July 2024 and were signed by:





P.B.P. Services (Scotland) Ltd - Designated member

HALLMOSS RENEWABLES LLP (REGISTERED NUMBER: SO304827)

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

1. STATUTORY INFORMATION

Hallmoss Renewables LLP is registered in Scotland. The LLP's registered number and registered office address can be found on the General Information page.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The presentation currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest pound.

Going concern
At the time of approving the financial statements, the members have a reasonable expectation that the limited liability partnership has adequate resources to continue in operational existence for the foreseeable future. Thus the members continue to adopt the going concern basis of accounting in preparing the financial statements.

Significant judgements and estimates
In the application of the limited liability partnership's accounting policies, the members 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 that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The members consider that there are no estimates and underlying assumptions which have a significant risk of causing a material adjustment to the carrying amount of the assets and liabilities.

Turnover
Turnover represents amounts receivable for the production of electricity through wind power and use of renewable resources net of trade discounts. Turnover is recognised based on energy generated in the period and excludes value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - Straight line over 20 years

Taxation
No taxation has been provided in the accounts as taxation is a liability of the members.

Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held in call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

4. EMPLOYEE INFORMATION

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

HALLMOSS RENEWABLES LLP (REGISTERED NUMBER: SO304827)

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 1,398,951
DEPRECIATION
At 1 January 2023 516,266
Charge for year 69,947
At 31 December 2023 586,213
NET BOOK VALUE
At 31 December 2023 812,738
At 31 December 2022 882,685

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 65,027 50,119
Other debtors 620,258 561,596
685,285 611,715

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 41,346 39,266
Taxation and social security 20,269 7,463
Other creditors 33,457 22,154
95,072 68,883

8. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.