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Registered Number: SC424501
Scotland

 

 

 


Report of the Director and Unaudited Financial Statements

for the year ended 31 May 2024

for

WIND FARM ANALYTICS LTD

 
 
 
£
2024
£
   
£
2023
£
Fixed assets 140,112  134,153 
Current assets 6,416  9,501 
Creditors: amount falling due within one year (27,714) (27,689)
Net current assets/(liabilities) (21,298) (18,188)
Total assets less current liabilities 118,814  115,965 
Creditors: amount falling due after more than one year (184,260) (184,285)
Net assets/(liabilities) (65,446) (68,320)
 
Capital and reserves (65,446) (68,320)
 
  1. For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Theodore Cosmo Holtom
Director

Date approved: 21 February 2025
1
Statutory Information
WIND FARM ANALYTICS LTD is a private limited company, limited by shares, domiciled in Scotland, registration number SC424501, registration address 2/1 3, Queens Park Avenue, Glasgow, G42 8BX, United Kingdom.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
2.

Intangible fixed assets

Cost or Valuation Patents, trademarks & licenses   Total
  £   £
At 01 June 2023 218,576    218,576 
Additions 21,527    21,527 
At 31 May 2024 240,103    240,103 
Amortisation
At 01 June 2023 84,423    84,423 
Charge for year 15,568    15,568 
At 31 May 2024 99,991    99,991 
Net book values
At 31 May 2024 140,112    140,112 
At 31 May 2023 134,153    134,153 

3.

Average number of employees

Average number of employees during the year was 1 (2023: 1).
2