Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.442023-01-01falsetruetrue 13080325 2023-01-01 2023-12-31 13080325 2022-01-01 2022-12-31 13080325 2023-12-31 13080325 2022-12-31 13080325 c:Director1 2023-01-01 2023-12-31 13080325 d:CurrentFinancialInstruments 2023-12-31 13080325 d:CurrentFinancialInstruments 2022-12-31 13080325 d:Non-currentFinancialInstruments 2023-12-31 13080325 d:Non-currentFinancialInstruments 2022-12-31 13080325 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13080325 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13080325 d:ShareCapital 2023-12-31 13080325 d:ShareCapital 2022-12-31 13080325 d:RetainedEarningsAccumulatedLosses 2023-12-31 13080325 d:RetainedEarningsAccumulatedLosses 2022-12-31 13080325 c:FRS102 2023-01-01 2023-12-31 13080325 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13080325 c:FullAccounts 2023-01-01 2023-12-31 13080325 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13080325 2 2023-01-01 2023-12-31 13080325 6 2023-01-01 2023-12-31 13080325 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 13080325









LUTHIER HERIOT RENEWABLES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
LUTHIER HERIOT RENEWABLES LIMITED
REGISTERED NUMBER: 13080325

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
2,000,000
2,000,000

  
2,000,000
2,000,000

Current assets
  

Debtors: amounts falling due after more than one year
 5 
-
5,132,164

  
-
5,132,164

Creditors: amounts falling due within one year
 6 
(9,598)
(7,140,007)

Net current liabilities
  
 
 
(9,598)
 
 
(2,007,843)

Total assets less current liabilities
  
1,990,402
(7,843)

  

Net assets/(liabilities)
  
1,990,402
(7,843)


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
1,989,402
(8,843)

  
1,990,402
(7,843)


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 year 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 profit and loss account 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 by: 




S G G Scrimgeour
Director
Page 1

 
LUTHIER HERIOT RENEWABLES LIMITED
REGISTERED NUMBER: 13080325
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023


Date: 10 September 2024

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 
LUTHIER HERIOT RENEWABLES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Luthier Heriot Renewables Limited is a company limited by shares and incorporated in England & Wales under the Companies Act 2006. The address of the registered office is given on the Company information page. The nature of the Company's operations and its principal activities are set out in the Directors' report. 

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 following principal accounting policies have been applied:

 
2.2

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore, the directors have adopted the going concern basis of accounting in preparing the financial statements.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and Loss Account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.6

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.

Page 3

 
LUTHIER HERIOT RENEWABLES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




The average monthly number of employees, including directors, during the year was 4 (2022 - 4).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
2,000,000



At 31 December 2023
2,000,000





5.


Debtors


Due after more than one year

Due from participating interests
-
5,132,164

-
5,132,164



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
6,196
7,135,090

Accruals and deferred income
3,402
4,917

9,598
7,140,007


Page 4

 
LUTHIER HERIOT RENEWABLES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Related party transactions

In creditors, there are amounts owed to parent companies of £6,196 (2022: £7,135,090). Interest of between 0-24% is charged on this loan.

 
Page 5