Caseware UK (AP4) 2023.0.135 2023.0.135 2023-01-01falseproduction of electricity.55truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07457338 2023-01-01 2023-12-31 07457338 2023-12-31 07457338 2022-01-01 2022-12-31 07457338 2022-12-31 07457338 c:Director4 2023-01-01 2023-12-31 07457338 d:PlantMachinery 2023-01-01 2023-12-31 07457338 d:PlantMachinery 2023-12-31 07457338 d:PlantMachinery 2022-12-31 07457338 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 07457338 d:CurrentFinancialInstruments 2023-12-31 07457338 d:CurrentFinancialInstruments 2022-12-31 07457338 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07457338 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 07457338 d:ShareCapital 2023-12-31 07457338 d:ShareCapital 2022-12-31 07457338 d:RetainedEarningsAccumulatedLosses 2023-12-31 07457338 d:RetainedEarningsAccumulatedLosses 2022-12-31 07457338 c:FRS102 2023-01-01 2023-12-31 07457338 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07457338 c:FullAccounts 2023-01-01 2023-12-31 07457338 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Registered number: 07457338













Langage Solar Park Limited

Financial statements
Information for filing with the registrar

31 December 2023




 
Langage Solar Park Limited


Balance sheet
At 31 December 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
5,830,459
6,295,339

  
5,830,459
6,295,339

Current assets
  

Debtors
 5 
8,376,052
7,635,244

Cash at bank and in hand
  
1,940,326
1,916,894

  
10,316,378
9,552,138

Creditors: amounts falling due within one year
 6 
(41,018)
(1,548,439)

Net current assets
  
 
 
10,275,360
 
 
8,003,699

Total assets less current liabilities
  
16,105,819
14,299,038

Provisions for liabilities
  

Deferred tax
  
(85,247)
(111,784)

  
 
 
(85,247)
 
 
(111,784)

Net assets
  
16,020,572
14,187,254


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
16,020,571
14,187,253

Shareholders' funds
  
16,020,572
14,187,254


1

 
Langage Solar Park Limited

    
Balance sheet (continued)
At 31 December 2023

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 statement of comprehensive income 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 on 4 September 2024.




S J Pickup
Director

Company registered number: 07457338
The notes on pages 3 to 6 form part of these financial statements. 

2

 
Langage Solar Park Limited
 
 

Notes to the financial statements
Year ended 31 December 2023

1.


General information

Langage Solar Park Limited is a private company limited by shares incorporated and domiciled in England and Wales. The registered office is 26 Ellerbeck Court, Stokesley, Middlesbrough, England, TS9 5PT.

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.

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the company has transferred the significant risks and rewards of ownership to the buyer;
the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

3

 
Langage Solar Park Limited
 

 
Notes to the financial statements
Year ended 31 December 2023

2.Accounting policies (continued)

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives:

Depreciation is provided on the following basis:

Plant and machinery
-
4-25 years straight line

 
2.5

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

4

 
Langage Solar Park Limited
 

 
Notes to the financial statements
Year ended 31 December 2023

2.Accounting policies (continued)

 
2.6

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

  
2.7

Foreign exchange

Transactions in currencies other than pound sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currency are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.


3.


Employees

The company has no employees other than the directors, who did not receive any remuneration.



4.


Tangible fixed assets





Plant and equipment

£



Cost


At 1 January 2023
11,622,721



At 31 December 2023

11,622,721



Depreciation


At 1 January 2023
5,327,382


Charge for the year
464,880



At 31 December 2023

5,792,262



Net book value



At 31 December 2023
5,830,459



At 31 December 2022
6,295,339

5

 
Langage Solar Park Limited
 
 

Notes to the financial statements
Year ended 31 December 2023

5.


Debtors

2023
2022
£
£


Trade debtors
28,878
11,969

Amounts owed by group undertakings
8,202,135
7,476,603

Prepayments and accrued income
145,039
146,672

8,376,052
7,635,244



6.


Creditors: amounts falling due within one year

2023
2022
£
£

Trade creditors
13,543
7,662

Corporation tax
13,950
190,000

Other taxation and social security
5,693
202,329

Accruals and deferred income
7,832
1,148,448

41,018
1,548,439



7.


Controlling party

Langage Solar Park Limited is a subsidary of Calton Power Limited by virtue of it holding all share capital. 
The ultimate controlling entity is Calton Energy Limited. 
The registered office of Carlton Energy Limited is 26 Ellerbeck Way, Stokesley, Middlesbrough, England, TS9 5JZ.

 
6