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REGISTERED NUMBER: OC393968 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

A SHADE GREENER DEBT (3) LLP

A SHADE GREENER DEBT (3) LLP (REGISTERED NUMBER: OC393968)






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 DEBT (3) 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: OC393968 (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 DEBT (3) LLP (REGISTERED NUMBER: OC393968)

BALANCE SHEET
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 7,493,986 7,493,986

CURRENT ASSETS
Debtors 5 81,642,088 88,689,924
Cash at bank and in hand 3,406,300 3,292,900
85,048,388 91,982,824
CREDITORS
Amounts falling due within one year 6 6,015,487 5,766,898
NET CURRENT ASSETS 79,032,901 86,215,926
TOTAL ASSETS LESS CURRENT
LIABILITIES

86,526,887

93,709,912

CREDITORS
Amounts falling due after more than one year 7 51,783,624 54,960,250
NET ASSETS ATTRIBUTABLE TO MEMBERS 34,743,263 38,749,662

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

31,459,174

35,465,573

MEMBERS' OTHER INTERESTS
Capital accounts 3,284,089 3,284,089
34,743,263 38,749,662

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 9 31,459,174 35,465,573
Members' other interests 3,284,089 3,284,089
34,743,263 38,749,662

A SHADE GREENER DEBT (3) LLP (REGISTERED NUMBER: OC393968)

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 DEBT (3) LLP (REGISTERED NUMBER: OC393968)

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

1. STATUTORY INFORMATION

A Shade Greener Debt (3) 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.

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

Preparation of consolidated financial statements
The financial statements contain information about A Shade Greener Debt (3) LLP as an individual LLP and do not contain consolidated financial information as the parent of a group. The LLP is exempt under Section 400 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, A Shade Greener Tankersley LLP, .

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.

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 DEBT (3) LLP (REGISTERED NUMBER: OC393968)

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. FIXED ASSET INVESTMENTS
Loans to
group
undertakings
£   
At 1 October 2023
and 30 September 2024 7,493,986

A SHADE GREENER DEBT (3) LLP (REGISTERED NUMBER: OC393968)

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

4. FIXED ASSET INVESTMENTS - continued

The LLP's investments at the balance sheet date in the equity of LLPs include the following:

A Shade Greener (F13) LLP

Country of incorporation: England & Wales
Nature of business: Production of electricity

Holding 99.99%


A Shade Greener (F14) LLP

Country of incorporation: England & Wales
Nature of business: Production of electricity

Holding 99.99%


A Shade Greener (F15) LLP

Country of incorporation: England & Wales
Nature of business: Production of electricity

Holding 99.99%


A Shade Greener (F16) LLP

Country of incorporation: England & Wales
Nature of business: Production of electricity

Holding 99.99%

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.2430.9.23
££
Amounts owing by group undertakings - loans7,825,25516,669,465
Amounts owing by group undertakings - other debtors73,816,83372,020,459
81,642,08888,689,924

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.2430.9.23
£ £
Other creditors2,40010,886
Bank loan6,013,0875,756,012
6,015,4875,766,898

A SHADE GREENER DEBT (3) LLP (REGISTERED NUMBER: OC393968)

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

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

30.9.2430.9.23
£ £
Bank loan51,783,62454,960,250

Amounts falling due in more than five years:

Repayable by installments
Bank loan27,735,80632,143,048

8. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Loans 57,796,711 60,716,262

Loans are secured by way of a fixed and floating charge over the assets of the company and its subsidiaries.

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.