Registration number:
Energyfarm UK HA I Ltd
for the Year Ended 31 December 2024
Energyfarm UK HA I Ltd
Contents
Company Information |
|
Balance Sheet |
|
Notes to the Financial Statements |
Energyfarm UK HA I Ltd
Company Information
Directors |
P R Harrison A B Craw |
Registered office |
|
Auditors |
|
Energyfarm UK HA I Ltd
(Registration number: 12280651)
Balance Sheet as at 31 December 2024
Note |
2024 |
2023 |
|
Fixed assets |
|||
Investments |
|
|
|
Current assets |
|||
Debtors |
|
|
|
Creditors: Amounts falling due within one year |
( |
( |
|
Net current liabilities |
( |
( |
|
Net liabilities |
( |
( |
|
Capital and reserves |
|||
Called up share capital |
1 |
1 |
|
Retained earnings |
(15,564) |
(9,000) |
|
Shareholders' deficit |
(15,563) |
(8,999) |
Approved and authorised by the
......................................... |
......................................... |
Energyfarm UK HA I Ltd
Notes to the Financial Statements for the Year Ended 31 December 2024
General information |
The Company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
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
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
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.
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
Summary audit opinion |
Audit report
The name of the Senior Statutory Auditor who signed the audit report on
Staff numbers |
The average number of persons employed by the Company during the year was
Investments |
2024 |
2023 |
|
Investments in joint ventures |
|
|
Joint ventures |
£ |
Cost |
|
At 1 January 2024 |
|
Carrying amount |
|
At 31 December 2024 |
|
At 31 December 2023 |
|
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 |
||||
|
4330 Park Approach, Thorpe Park, Leeds, LS15 8GB, England
|
Partnership share |
|
|
Energyfarm UK HA I Ltd
Notes to the Financial Statements for the Year Ended 31 December 2024
Debtors |
Current |
2024 |
2023 |
Amounts owed by related parties |
|
|
|
|
Creditors |
Creditors: amounts falling due within one year
2024 |
2023 |
|
Due within one year |
||
Amounts due to related parties |
|
|
Parent and ultimate parent undertaking |
The Company's immediate parent is
The ultimate parent is
The most senior parent entity producing publicly available financial statements is