Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31trueRenewables investment2024-01-01falsetrue44The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13080325 2024-01-01 2024-12-31 13080325 2023-01-01 2023-12-31 13080325 2024-12-31 13080325 2023-12-31 13080325 c:Director1 2024-01-01 2024-12-31 13080325 d:CurrentFinancialInstruments 2024-12-31 13080325 d:CurrentFinancialInstruments 2023-12-31 13080325 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 13080325 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13080325 d:ShareCapital 2024-12-31 13080325 d:ShareCapital 2023-12-31 13080325 d:RetainedEarningsAccumulatedLosses 2024-12-31 13080325 d:RetainedEarningsAccumulatedLosses 2023-12-31 13080325 c:FRS102 2024-01-01 2024-12-31 13080325 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13080325 c:FullAccounts 2024-01-01 2024-12-31 13080325 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13080325 2 2024-01-01 2024-12-31 13080325 6 2024-01-01 2024-12-31 13080325 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 13080325









LUTHIER HERIOT RENEWABLES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
LUTHIER HERIOT RENEWABLES LIMITED
REGISTERED NUMBER: 13080325

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
2,000,000
2,000,000

  
2,000,000
2,000,000

  

Creditors: amounts falling due within one year
 5 
(14,072)
(9,598)

Net current liabilities
  
 
 
(14,072)
 
 
(9,598)

Total assets less current liabilities
  
1,985,928
1,990,402

  

Net assets
  
1,985,928
1,990,402


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
1,984,928
1,989,402

  
1,985,928
1,990,402


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




S G G Scrimgeour
Director

Date: 16 June 2025

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
LUTHIER HERIOT RENEWABLES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Luthier Heriot Renewables Limited is a company limited by shares and incorporated in England & Wales under the Companies Act 2006. The address of the registered office is given on the Company information page. The nature of the Company's operations and its principal activities are set out in the Directors' report. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore, the directors have adopted the going concern basis of accounting in preparing the financial statements.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and Loss Account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 2

 
LUTHIER HERIOT RENEWABLES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




The average monthly number of employees, including directors, during the year was 4 (2023 - 4).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2024
2,000,000



At 31 December 2024
2,000,000





5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
168
-

Amounts owed to group undertakings
10,334
6,196

Accruals and deferred income
3,570
3,402

14,072
9,598



6.


Related party transactions

In creditors, there are amounts owed to parent companies of £6,196 (2022: £7,135,090). Interest of between 0-24% is charged on this loan.

 
Page 3