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
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
GLENNISTON SOLAR PROJECT LTD
Statement of financial position
as at 31 March 2025
Tangible assets
402,096
372,151
Cash at bank and in hand
11,009
23,402
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)
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
GLENNISTON SOLAR PROJECT LTD
Notes to the Accounts
for the year ended 31 March 2025
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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
GLENNISTON SOLAR PROJECT LTD
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
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
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).