Energyfarm Narachan Ltd 15086889 false 2023-08-21 2024-12-31 2024-12-31 The principal activity of the company is the management of a wind farm project. Digita Accounts Production Advanced 6.30.9574.0 true true 15086889 2023-08-21 2024-12-31 15086889 2024-12-31 15086889 bus:OrdinaryShareClass1 2024-12-31 15086889 core:CurrentFinancialInstruments 2024-12-31 15086889 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 15086889 bus:SmallEntities 2023-08-21 2024-12-31 15086889 bus:Audited 2023-08-21 2024-12-31 15086889 bus:FilletedAccounts 2023-08-21 2024-12-31 15086889 bus:SmallCompaniesRegimeForAccounts 2023-08-21 2024-12-31 15086889 bus:RegisteredOffice 2023-08-21 2024-12-31 15086889 bus:Director1 2023-08-21 2024-12-31 15086889 bus:Director2 2023-08-21 2024-12-31 15086889 bus:OrdinaryShareClass1 2023-08-21 2024-12-31 15086889 bus:PrivateLimitedCompanyLtd 2023-08-21 2024-12-31 15086889 bus:Agent1 2023-08-21 2024-12-31 15086889 countries:EnglandWales 2023-08-21 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 15086889

Energyfarm Narachan Ltd

Filleted Financial Statements

for the Period from 21 August 2023 to 31 December 2024

 

Energyfarm Narachan Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3 to 5

 

Energyfarm Narachan Ltd

Company Information

Directors

A B Craw

P R Harrison

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 Narachan Ltd

(Registration number: 15086889)
Balance Sheet as at 31 December 2024

Note

2024
£

Current assets

 

Debtors

6

1

Creditors: Amounts falling due within one year

7

(16,925)

Net liabilities

 

(16,924)

Capital and reserves

 

Called up share capital

8

1

Retained earnings

(16,925)

Shareholders' deficit

 

(16,924)

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 12 May 2025 and signed on its behalf by:
 

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

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

 

Energyfarm Narachan Ltd

Notes to the Financial Statements for the Period from 21 August 2023 to 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 the management of a wind farm project.

These financial statements were authorised for issue by the Board on 12 May 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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

Financial instruments

Classification
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.

 

 

Energyfarm Narachan Ltd

Notes to the Financial Statements for the Period from 21 August 2023 to 31 December 2024

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.

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 12 May 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 period was 0.

 

Energyfarm Narachan Ltd

Notes to the Financial Statements for the Period from 21 August 2023 to 31 December 2024

6

Debtors

2024
£

Amounts owed by Group undertakings

1

1

7

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Amounts owed to Group undertakings

16,925

16,925

8

Share capital

Allotted, called up and fully paid shares

2024

No.

£

Ordinary shares of £1 each

1

1

   

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.