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Company Registration No. 13301930 (England and Wales)
GLENNISTON SOLAR PROJECT LTD Unaudited accounts for the year ended 31 March 2025
GLENNISTON SOLAR PROJECT LTD Unaudited accounts Contents
Page
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GLENNISTON SOLAR PROJECT LTD Company Information for the year ended 31 March 2025
Directors
Alp Karli Andrew William Lyle Romain Keyen Gavin John Mccallum Claire Treacy
Company Number
13301930 (England and Wales)
Registered Office
11a Heath Drive Flat 2 (First Floor) London NW3 7SN England
Accountants
Schiavi Pole Brett Ltd 15A Walm Lane London NW2 5SJ
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GLENNISTON SOLAR PROJECT LTD Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
402,096 
372,151 
Current assets
Debtors
1,815 
11,097 
Cash at bank and in hand
11,009 
23,402 
12,824 
34,499 
Creditors: amounts falling due within one year
- 
(10,986)
Net current assets
12,824 
23,513 
Total assets less current liabilities
414,920 
395,664 
Creditors: amounts falling due after more than one year
(418,359)
(398,188)
Net liabilities
(3,439)
(2,524)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(3,539)
(2,624)
Shareholders' funds
(3,439)
(2,524)
For the year ending 31 March 2025 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 9 April 2025 and were signed on its behalf by
Alp Karli Director Company Registration No. 13301930
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GLENNISTON SOLAR PROJECT LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
GLENNISTON SOLAR PROJECT LTD is a private company, limited by shares, registered in England and Wales, registration number 13301930. The registered office is 11a Heath Drive Flat 2 (First Floor), London, NW3 7SN, England.
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 accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax.
Going concern
The financial statements have been prepared on a going concern basis due to continued support of its directors and shareholders.
Development Cost - Electricity Generation Plant
The cost of development of an electricity generation plant has been capitalised as development cost under Property, Plant, and Equipment. Depreciation will be provided at the following rates in order to write off the assets over their estimated useful lives once the plant has become operational: Development Cost - Electricity Generation Plant 10% straight line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2024
372,151 
Additions
29,945 
At 31 March 2025
402,096 
Depreciation
At 31 March 2025
- 
Net book value
At 31 March 2025
402,096 
At 31 March 2024
372,151 
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GLENNISTON SOLAR PROJECT LTD Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
1,715 
10,997 
Other debtors
100 
100 
1,815 
11,097 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
- 
10,461 
Accruals
- 
525 
- 
10,986 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Amounts owed to group undertakings and other participating interests
418,359 
398,188 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 5 (2024: 2).
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