Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01falseNo description of principal activity23falsetruefalse 12327329 2023-04-01 2023-12-31 12327329 2022-04-01 2023-03-31 12327329 2023-12-31 12327329 2023-03-31 12327329 c:Director1 2023-04-01 2023-12-31 12327329 d:CurrentFinancialInstruments 2023-12-31 12327329 d:CurrentFinancialInstruments 2023-03-31 12327329 d:Non-currentFinancialInstruments 2023-12-31 12327329 d:Non-currentFinancialInstruments 2023-03-31 12327329 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 12327329 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 12327329 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 12327329 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 12327329 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-12-31 12327329 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-03-31 12327329 d:ShareCapital 2023-12-31 12327329 d:ShareCapital 2023-03-31 12327329 d:RetainedEarningsAccumulatedLosses 2023-12-31 12327329 d:RetainedEarningsAccumulatedLosses 2023-03-31 12327329 c:FRS102 2023-04-01 2023-12-31 12327329 c:AuditExempt-NoAccountantsReport 2023-04-01 2023-12-31 12327329 c:FullAccounts 2023-04-01 2023-12-31 12327329 c:PrivateLimitedCompanyLtd 2023-04-01 2023-12-31 12327329 2 2023-04-01 2023-12-31 12327329 4 2023-04-01 2023-12-31 12327329 6 2023-04-01 2023-12-31 12327329 e:PoundSterling 2023-04-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 12327329









INTERLAND ENERGY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
INTERLAND ENERGY LIMITED
REGISTERED NUMBER: 12327329

BALANCE SHEET
AS AT 31 DECEMBER 2023

31 December
As restated
31 March
2023
2023
Note
£
£

Fixed assets
  

Investments
 4 
100
100

  
100
100

Current assets
  

Debtors: amounts falling due after more than one year
 5 
9,193,108
3,124,361

Debtors: amounts falling due within one year
 5 
18
18

Cash at bank and in hand
 6 
2,691
13,525

  
9,195,817
3,137,904

Creditors: amounts falling due within one year
 7 
(2,221,596)
(1,011,596)

Net current assets
  
 
 
6,974,221
 
 
2,126,308

Total assets less current liabilities
  
6,974,321
2,126,408

Creditors: amounts falling due after more than one year
  
(7,354,566)
(2,499,569)

  

Net liabilities
  
(380,245)
(373,161)


Capital and reserves
  

Called up share capital 
  
200
200

Profit and loss account
  
(380,445)
(373,361)

  
(380,245)
(373,161)


Page 1

 
INTERLAND ENERGY LIMITED
REGISTERED NUMBER: 12327329
    
BALANCE SHEET (CONTINUED)
AS 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 period 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 by: 




Ben Edgar
Director

Date: 31 January 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
INTERLAND ENERGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

Interland Energy Limited is a private company, limited by shares and incorporated in England & Wales (registered number: 12327329). The registered office address is 73 Maygrove Road, London, United KIngdom, NW6 2EG.
The financial statements are presented in GBP, which is the functional currency of the company.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on the going concern basis. The company is dependent on the directors and shareholders for financial support, which the directors are confident will continue for a period of at least another 12 months following the approval of these financial statements.
As at 31 December 2023, the company had net liabilities of £380,245. The directors and shareholders have indicated their present intention to provide adequate finance to enable the company to continue in operational existence, and on this basis the directors consider it appropriate to prepare the financial statements on the going concern basis.
The financial statements do not reflect any adjustments that would result from a withdrawal of financial support by the directors and shareholders.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.6

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

Page 3

 
INTERLAND ENERGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the period was 2 (2023 - 3).


4.


Fixed asset investments








Investments in subsidiary companies

£



Cost or valuation


At 1 April 2023
100



At 31 December 2023
100




Page 4

 
INTERLAND ENERGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

5.


Debtors

31 December
As restated
31 March
2023
2023
£
£

Due after more than one year

Amounts owed by group undertakings
9,193,108
3,124,361

9,193,108
3,124,361


31 December
As restated
31 March
2023
2023
£
£

Due within one year

Amounts owed by group undertakings
2
2

Called up share capital not paid
16
16

18
18



6.


Cash and cash equivalents

31 December
31 March
2023
2023
£
£

Cash at bank and in hand
2,691
13,525

2,691
13,525



7.


Creditors: Amounts falling due within one year

31 December
31 March
2023
2023
£
£

Other creditors
2,219,796
1,009,796

Accruals and deferred income
1,800
1,800

2,221,596
1,011,596


Page 5

 
INTERLAND ENERGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

8.


Creditors: Amounts falling due after more than one year

31 December
As restated
31 March
2023
2023
£
£

Other loans
7,031,148
2,499,569

Accruals and deferred income
323,418
-

7,354,566
2,499,569



9.


Loans


Analysis of the maturity of loans is given below:


31 December
As restated
31 March
2023
2023
£
£




Amounts falling due after more than 5 years

Other loans
7,031,148
2,499,569

7,031,148
2,499,569

7,031,148
2,499,569



10.


Prior year adjustment

A prior year adjustment has been made to correctly reflect the amounts owed by group undertakings and other loans. The impact of this adjustment is an increase in debtors due after more than one year and an increase in creditors due after more than one year.

 
Page 6