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Company Registration No. 14274390 (England and Wales)
ELEMENTS GREEN RENEWABLES SPV001 LTD Unaudited accounts for the year ended 31 December 2023
ELEMENTS GREEN RENEWABLES SPV001 LTD Unaudited accounts Contents
Page
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ELEMENTS GREEN RENEWABLES SPV001 LTD Company Information for the year ended 31 December 2023
Directors
Mark Turner Rasmus Bolcko FRIIS,
Company Number
14274390 (England and Wales)
Registered Office
1 Half Moon Street LONDON W1J 7AY ENGLAND
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ELEMENTS GREEN RENEWABLES SPV001 LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
11,699 
3,201 
Creditors: amounts falling due within one year
(70,204)
(19,212)
Net current liabilities
(58,505)
(16,011)
Net liabilities
(58,505)
(16,011)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(58,506)
(16,012)
Shareholders' funds
(58,505)
(16,011)
For the year ending 31 December 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 18 September 2024 and were signed on its behalf by
Mark Turner Director Company Registration No. 14274390
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ELEMENTS GREEN RENEWABLES SPV001 LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
ELEMENTS GREEN RENEWABLES SPV001 LTD is a private company, limited by shares, registered in England and Wales, registration number 14274390. The registered office is 1 Half Moon Street, LONDON, W1J 7AY, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
11,699 
3,200 
Other debtors
- 
1 
11,699 
3,201 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
70,204 
19,212 
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ELEMENTS GREEN RENEWABLES SPV001 LTD Notes to the Accounts for the year ended 31 December 2023
6
Controlling party
Asset Green Ltd is the parent company of the group.
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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