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Registration number: 12280651

Energyfarm UK HA I Ltd

Filleted Financial Statements

for the Year Ended 31 December 2024

 

Energyfarm UK HA I Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3 to 6

 

Energyfarm UK HA I Ltd

Company Information

Directors

P R Harrison

A B Craw

Registered office

4330 Park Approach
Thorpe Park
Leeds
LS15 8GB

Auditors

Bourner Bullock Chartered Accountants
114 St Martin's Lane
Covent Garden
London
WC2N 4BE

 

Energyfarm UK HA I Ltd

(Registration number: 12280651)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Investments

6

1

1

Current assets

 

Debtors

7

1

1

Creditors: Amounts falling due within one year

8

(15,565)

(9,001)

Net current liabilities

 

(15,564)

(9,000)

Net liabilities

 

(15,563)

(8,999)

Capital and reserves

 

Called up share capital

1

1

Retained earnings

(15,564)

(9,000)

Shareholders' deficit

 

(15,563)

(8,999)

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 2 April 2025 and signed on its behalf by:
 

.........................................
P R Harrison
Director

.........................................
A B Craw
Director

 

Energyfarm UK HA I Ltd

Notes to the Financial Statements for the Year Ended 31 December 2024

1

General information

The Company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
4330 Park Approach
Thorpe Park
Leeds
LS15 8GB
England

Principal activity

The principal activity of the Company is as a partner in a wind farm project.

These financial statements were authorised for issue by the Board on 2 April 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company made a loss in the year and has net current liabilities. The company is reliant on the support of its parent company to continue as a going concern. Confirmation of this support has been provided and therefore, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Joint ventures

Investments in the capital of jointly controlled entities incorporated as limited liability partnerships are treated as fixed assets investments. Shares of profits or losses of those partnerships are recognised as other operating income or expenses. Current accounts in the partnerships are included in debtors or creditors.

 

Energyfarm UK HA I Ltd

Notes to the Financial Statements for the Year Ended 31 December 2024

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans to/from related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors

Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Significant judgements and key sources of estimation uncertainty

Judgements

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion there are no significant judgements or key sources of estimation uncertainty.

 

Energyfarm UK HA I Ltd

Notes to the Financial Statements for the Year Ended 31 December 2024

4

Summary audit opinion

Audit report

The Independent Auditor's Report was unqualified.

The name of the Senior Statutory Auditor who signed the audit report on 2 April 2025 was Russell Joseph, who signed for and on behalf of Bourner Bullock.

5

Staff numbers

The average number of persons employed by the Company during the year was 0 (2023 - 0).

6

Investments

2024
£

2023
£

Investments in joint ventures

1

1

Joint ventures

£

Cost

At 1 January 2024

1

Carrying amount

At 31 December 2024

1

At 31 December 2023

1

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

     

2024

2023

Joint ventures

Energyfarm UK Hare Craig LLP

4330 Park Approach, Thorpe Park, Leeds, LS15 8GB, England

Partnership share

50%

50%

 

     
 

Energyfarm UK HA I Ltd

Notes to the Financial Statements for the Year Ended 31 December 2024

7

Debtors

Current

2024
£

2023
£

Amounts owed by related parties

1

1

 

1

1

8

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Amounts due to related parties

15,565

9,001

9

Parent and ultimate parent undertaking

The Company's immediate parent is Energiekontor UK Holding Ltd, incorporated in England and Wales.

 The ultimate parent is Energiekontor AG, incorporated in Germany.

 The most senior parent entity producing publicly available financial statements is Energiekontor AG. These financial statements are available upon request from Investor Relations, Energiekontor AG, Mary Somerville Strasse 5, 28359 Bremen, Germany.