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Company Registration No. SC722277 (Scotland)
Hatston Wind Power Holdings Ltd Unaudited accounts for the year ended 30 June 2024
Hatston Wind Power Holdings Ltd Unaudited accounts Contents
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Hatston Wind Power Holdings Ltd Company Information for the year ended 30 June 2024
Directors
Zorica Malesevic Mohammed Raza Ali
Company Number
SC722277 (Scotland)
Registered Office
272 Bath Street Glasgow G2 4JR Scotland
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Hatston Wind Power Holdings Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
100 
100 
Current assets
Debtors
100 
100 
Net current assets
100 
100 
Net assets
200 
200 
Capital and reserves
Called up share capital
200 
200 
Shareholders' funds
200 
200 
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 March 2025 and were signed on its behalf by
Mohammed Raza Ali Director Company Registration No. SC722277
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Hatston Wind Power Holdings Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Hatston Wind Power Holdings Ltd is a private company, limited by shares, registered in Scotland, registration number SC722277. The registered office is 272 Bath Street, Glasgow, G2 4JR, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The financial statements have been prepared on a going concern basis as the Directors believe there will be sufficient cash to continue operations for the foreseeable future.
Presentation currency
The accounts are presented in £ sterling.
Investment in subsidiaries
Investments in subsidiary undertakings are recognised at cost, less impairment.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised as transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that is it probable that they will be recovered against the reversal of deferred tax liabilities, other future taxable profits or by way of group relief. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Expenses
Expenses are recognised in the Income Statement on an accruals basis in the period in which they are incurred.
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Hatston Wind Power Holdings Ltd Notes to the Accounts for the year ended 30 June 2024
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 July 2023
100 
Valuation at 30 June 2024
100 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
100 
- 
Other debtors
- 
100 
100 
100 
6
Transactions with related parties
During the year the Company lent to Wind Renewables Income Fund 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 £100 (2023: £nil).
7
Controlling party
The controlling party and immediate parent is WRIF Holdco C 2 Ltd. The ultimate controlling party of the Company is Wind Renewables Income Fund. The directors do not have an interest in the share capital of the Company.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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