During the period the Company borrowed from Wind Renewables Income Fund, a related party in order to provide funding for working capital, on an interest-free basis, unsecured and repayable on demand. The balance outstanding at 30 June 2024 is £4,361 (2023: an amount payable of £224).
During the period the Company lent to Wind Renewables Income Holdco Ltd, a related party, in order to provide funding for working capital, on an interest-free basis, unsecured and repayable on demand. The balance outstanding at 30 June 2024 is £81,513 (2023: £81,513).
During the period the Company lent to Wind Renewables Income Holdco 3 Ltd, a related party, in order to provide funding for working capital, on an interest-free basis, unsecured and repayable on demand. The balance outstanding at 30 June 2024 is £122,012 (2023: £91,648).
During the period the Company lent to WR (Bennett) Ltd, a related party, in order to provide funding for working capital, on an interest-free basis, unsecured and repayable on demand. The balance outstanding at 30 June 2024 is £nil (2023: £6,000).
During the period the Company lent to WR (Gainsborough) Ltd, a related party, in order to provide funding for working capital, on an interest-free basis, unsecured and repayable on demand. The balance outstanding at 30 June 2024 is £19,830 (2023: £19,830).
During the period the Company lent to WR (Haregrove) Ltd, a related party, in order to provide funding for working capital, on an interest-free basis, unsecured and repayable on demand. The balance outstanding at 30 June 2024 is £nil (2023: £7,740).
During the period the Company lent to WR (Lounge) Ltd, a related party, in order to provide funding for working capital, on an interest-free basis, unsecured and repayable on demand. The balance outstanding at 30 June 2024 is £42,100 (2023: £42,100).
During the period the Company lent to WR (Techboard) Ltd, a related party, in order to provide funding for working capital, on an interest-free basis, unsecured and repayable on demand. The balance outstanding at 30 June 2024 is £nil (2023: £3,100).
During the period the Company borrowed from WR Energy Ltd, a related party, in order to provide funding for working capital, on an interest-free basis, unsecured and repayable on demand. The balance outstanding at 30 June 2024 is £330,794 (2023: £404,454).
During the period the Company borrowed from WR (Alfreton) Ltd, a related party, in order to provide funding for working capital, on an interest-free basis, unsecured and repayable on demand. The balance outstanding at 30 June 2024 is £9,200 (2023: £9,200).
During the period the Company borrowed from WR (Pen Y Fan) Ltd, a related party, in order to provide funding for working capital, on an interest-free basis, unsecured and repayable on demand. The balance outstanding at 30 June 2024 is £14,000 (2023: £10,000)
Amounts owed to group undertakings and other participating interests include intercompany management fees owed to Wind Renewables Income Fund. The management fees for the period total £12,744 (2023: £13,695) with an amount remaining payable at the year end of £3,024 (2023: £3,257).
No adjustment has been made to reflect the value of any interest free loans at present value as, in the opinion of the Directors, this would not have any material affect on the financial statements.