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REGISTERED NUMBER: OC367809 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

A SHADE GREENER (F4) LLP

A SHADE GREENER (F4) LLP (REGISTERED NUMBER: OC367809)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A SHADE GREENER (F4) LLP

GENERAL INFORMATION
for the Year Ended 30 September 2024







DESIGNATED MEMBERS: A Shade Greener Tankersley LLP
A Shade Greener Member LLP



REGISTERED OFFICE: Sterling House
Maple Court
Maple Road
Tankersley
S75 3DP



REGISTERED NUMBER: OC367809 (England and Wales)



SENIOR STATUTORY AUDITOR: Andrew Throssell FCA



AUDITORS: Hebblethwaites
Chartered Accountants & Statutory Auditors
2 Westbrook Court
Sharrow Vale Road
Sheffield
S11 8YZ

A SHADE GREENER (F4) LLP (REGISTERED NUMBER: OC367809)

BALANCE SHEET
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,928,573 15,000,000

CURRENT ASSETS
Debtors 5 616,895 579,340
Cash at bank and in hand 1,159,369 1,383,545
1,776,264 1,962,885
CREDITORS
Amounts falling due within one year 6 784,709 714,592
NET CURRENT ASSETS 991,555 1,248,293
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,920,128

16,248,293

CREDITORS
Amounts falling due after more than one year 7 11,540,056 11,962,590
NET ASSETS ATTRIBUTABLE TO MEMBERS 3,380,072 4,285,703

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

4,598,403

5,504,034

MEMBERS' OTHER INTERESTS
Capital accounts 100 100
Other reserves (1,218,431 ) (1,218,431 )
3,380,072 4,285,703

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 9 4,598,403 5,504,034
Members' other interests (1,218,331 ) (1,218,331 )
3,380,072 4,285,703

A SHADE GREENER (F4) LLP (REGISTERED NUMBER: OC367809)

BALANCE SHEET - continued
30 September 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 18 December 2024 and were signed by:





A Shade Greener Tankersley LLP - Designated member

A SHADE GREENER (F4) LLP (REGISTERED NUMBER: OC367809)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

A Shade Greener (F4) LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

In the opinion of management, there are no judgement or key sources of estimation uncertainty that have a significant impact on the financial statement.

Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents net invoiced sales of electricity excluding value added tax. Income is recognised on the date the electricity is generated.

Tangible fixed assets
Equipment is carried at a revalued amount, being its fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Revaluations are made with sufficient regularity to ensure that the carrying amount does not materially differ from that which would be determined using fair value at the end of the reporting period. The last revaluation was performed on an open market basis as at 30 September 2023.

Due to the specialised nature of the fixed assets, the fair value is estimated using an income based approach.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment - Straight line over 20 years

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the group after deducting all of its liabilities.

Basic financial assets, including trade and other receivables and cash and bank balances, 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 the market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

A SHADE GREENER (F4) LLP (REGISTERED NUMBER: OC367809)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

Members' participation rights
Members' participation rights are the rights of a member that arise under the members' agreement.

Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with section 22 of FRS 102. A member's participation rights including amounts subscribed or otherwise contributed by members. Member's capital is classified as liabilities unless the LLP has an unconditional right to refuse payments to members, in which case it is classified as equity.

Once an unavoidable obligation has been created in favour of members through allocation of profits or other means, any undrawn profits remaining at the reporting date are shown as 'Loans and other amounts due to members' to the extent that they exceed debts due from a specific member. All amounts due to members that are classified as liabilities are presented within 'Loans and other debts due to members'. Amounts recoverable from members are presented as debtors and shown as amounts due from members within members' interests.

Amounts due to members in respect of profits rank pari passu with other unsecured creditors.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Equipment
£   
COST OR VALUATION
At 1 October 2023
and 30 September 2024 16,500,000
DEPRECIATION
At 1 October 2023 1,500,000
Charge for year 1,071,427
At 30 September 2024 2,571,427
NET BOOK VALUE
At 30 September 2024 13,928,573
At 30 September 2023 15,000,000

Cost or valuation at 30 September 2024 is represented by:

Equipment
£   
Valuation in 2024 9,156,000
Cost 7,344,000
16,500,000

A SHADE GREENER (F4) LLP (REGISTERED NUMBER: OC367809)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS - continued

If equipment had not been revalued it would have been included at the following historical cost:

30.9.24 30.9.23
£    £   
Cost 7,344,000 7,344,000
Aggregate depreciation 3,757,493 3,463,733

Equipment was valued on an open market basis on 30 September 2023 by MBO Partner 1 Limited .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 616,895 579,340

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.2430.9.23
£ £
Taxation and social security1,1132,724
Other creditors231,811244,063
Bank loan551,786467,805
784,710714,592

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.2430.9.23
£ £
Bank loan11,540,05511,962,590

Amounts falling due in more than five years:

Repayable by installments
Bank loan8,594,3869,209,304

8. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Loans secured on the equipment 12,091,841 12,430,395

A SHADE GREENER (F4) LLP (REGISTERED NUMBER: OC367809)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2024

9. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members' (other than members' capital classified as debt) would rank pari passu with ordinary creditors in the event of a winding up.

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditor, dated 18 December 2024, was unqualified.

Andrew Throssell FCA (Senior Statutory Auditor)
For and on behalf of Hebblethwaites

11. ULTIMATE CONTROLLING PARTY

The controlling party is A Shade Greener Tankersley LLP. The address of the registered office is Sterling House, Maple Court, Maple Road, Tankersley, S75 3DP

The ultimate controlling party is MBO Partner 1 Limited.