REGISTERED NUMBER: |
Report of the Director and |
Unaudited Financial Statements |
for the Period 13 December 2022 to 31 March 2023 |
for |
Strategic Green Participations Ltd |
REGISTERED NUMBER: |
Report of the Director and |
Unaudited Financial Statements |
for the Period 13 December 2022 to 31 March 2023 |
for |
Strategic Green Participations Ltd |
Strategic Green Participations Ltd (Registered number: 14537740) |
Contents of the Financial Statements |
for the Period 13 December 2022 to 31 March 2023 |
Page |
Company Information | 1 |
Report of the Director | 2 |
Balance Sheet | 3 |
Notes to the Financial Statements | 5 |
Strategic Green Participations Ltd |
Company Information |
for the Period 13 December 2022 to 31 March 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
44 The Pantiles |
Tunbridge Wells |
Kent |
TN2 5TN |
Strategic Green Participations Ltd (Registered number: 14537740) |
Report of the Director |
for the Period 13 December 2022 to 31 March 2023 |
The director presents his report with the financial statements of the company for the period 13 December 2022 to 31 March 2023. |
INCORPORATION |
The company was incorporated on 13 December 2022 and commenced trading on the same date. |
PRINCIPAL ACTIVITY |
The principal activity of the company in the period under review was that of consultancy, advice, arranging and structuring of financial solutions as well as acting as principal investor ourselves. Strategic Green Participations aim to generate and grow attractive opportunities by following a patient and disciplined approach, employing high-quality people, pursuing the highest standards of excellence, and aligning our interests with those of our partners. Our key criteria for projects we choose to develop are the quality of the proposition and individuals involved as well as a meaningful positive impact for people and planet. |
We work with a team of dedicated and experienced professionals, and networks of longstanding relationships with external advisors, banks and specialist funds across Europe and beyond. We passionately believe that the right project financing and technology can help with environmental problems - and operate on the basis that people's behaviour will not change - but that with new and better technology we identify, perform due diligence on, structure, invest in and finance, that will not be necessary, as that new technology will reduce greatly or even eliminate the environmental impact of people's behaviour, and in addition we believe that such new green technology will be economically viable, such that it will become interesting for large institutional investors, which in turn will allow the new green technologies to scale up exponentially enabling them to make a more significant impact for our planet and us all. |
DIRECTOR |
The director, being eligible, offers himself for election at the forthcoming first Annual General Meeting. |
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
ON BEHALF OF THE BOARD: |
Strategic Green Participations Ltd (Registered number: 14537740) |
Balance Sheet |
31 March 2023 |
Notes | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company. |
Strategic Green Participations Ltd (Registered number: 14537740) |
Balance Sheet - continued |
31 March 2023 |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
Strategic Green Participations Ltd (Registered number: 14537740) |
Notes to the Financial Statements |
for the Period 13 December 2022 to 31 March 2023 |
1. | STATUTORY INFORMATION |
Strategic Green Participations Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The functional and presentational currency of the company is pounds sterling. Monetary amounts in these financial statements are rounded to the nearest £1, except where otherwise indicated. |
Going concern |
After reviewing the company's forecasts and projections, the members have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements. |
Significant judgements and estimates |
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. |
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 |
Plant and machinery etc | - |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Debtors and creditors receivable/payable in one year |
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Strategic Green Participations Ltd (Registered number: 14537740) |
Notes to the Financial Statements - continued |
for the Period 13 December 2022 to 31 March 2023 |
2. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Provision for liabilities |
Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation. |
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation. |
Dividends |
Dividends are recognised as liabilities once they are no longer at the discretion of the company. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
Additions |
At 31 March 2023 |
NET BOOK VALUE |
At 31 March 2023 |
Strategic Green Participations Ltd (Registered number: 14537740) |
Notes to the Financial Statements - continued |
for the Period 13 December 2022 to 31 March 2023 |
5. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
Additions |
At 31 March 2023 |
NET BOOK VALUE |
At 31 March 2023 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Other creditors |
9. | RELATED PARTY DISCLOSURES |
As at 31 March 2023 £2,082,960 was owed from a company controlled by key management personnel. The loan is interest free and is repayable on demand. |
As at 31 March 2023 £44,313 was owed to a company controlled by key management personnel. The loan is interest free and is repayable on demand. |
As at 31 March 2023 £591 was owed to key management personnel. The loan is interest free and is repayable on demand. |