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REGISTERED NUMBER: SC755315 (Scotland)




















EBPV Ltd

Unaudited Financial Statements

for the Period 13 January 2023 to 31 March 2024






EBPV Ltd (Registered number: SC755315)






Contents of the Financial Statements
for the Period 13 January 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EBPV Ltd

Company Information
for the Period 13 January 2023 to 31 March 2024







DIRECTOR: G S Mackie



REGISTERED OFFICE: 6 Castle Street
Edinburgh
EH2 3AT



REGISTERED NUMBER: SC755315 (Scotland)



ACCOUNTANTS: Whitelaw Wells
9 Ainslie Place
Edinburgh
Midlothian
EH3 6AT



BANKERS: Virgin Money
83 George Street
Edinburgh
EH2 3ES

EBPV Ltd (Registered number: SC755315)

Balance Sheet
31 March 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 5,591,828

CURRENT ASSETS
Debtors 5 292,181
Cash at bank 180,948
473,129
CREDITORS
Amounts falling due within one year 6 6,317,408
NET CURRENT LIABILITIES (5,844,279 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(252,451

)

PROVISIONS FOR LIABILITIES 1,119,832
NET LIABILITIES (1,372,283 )

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (1,372,383 )
(1,372,283 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

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.

EBPV Ltd (Registered number: SC755315)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 October 2024 and were signed by:





G S Mackie - Director


EBPV Ltd (Registered number: SC755315)

Notes to the Financial Statements
for the Period 13 January 2023 to 31 March 2024

1. STATUTORY INFORMATION

EBPV Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents sales of electricity in the period net of VAT. Sales are recognised at the point at which the company has fulfilled its contractual obligations and the risks and rewards attaching to the product have been transferred to the customer.

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 15 years

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

All loans with related parties are all repayable on demand.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


EBPV Ltd (Registered number: SC755315)

Notes to the Financial Statements - continued
for the Period 13 January 2023 to 31 March 2024

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.

Foreign currencies
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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Provisions
Provisions are recognised where the company has a present obligation as a result of a past event, it is probable the company will be required to settle the obligations, and a reliable estimate can be made of the obligations. 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

EBPV Ltd (Registered number: SC755315)

Notes to the Financial Statements - continued
for the Period 13 January 2023 to 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 5,621,176
At 31 March 2024 5,621,176
DEPRECIATION
Charge for period 29,348
At 31 March 2024 29,348
NET BOOK VALUE
At 31 March 2024 5,591,828

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 3,600
Other debtors 288,581
292,181

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 228,977
Amounts owed to group undertakings 5,744,925
Other creditors 343,506
6,317,408