Acorah Software Products - Accounts Production 16.3.350 false true true 31 December 2023 1 January 2023 false 9 July 2025 1 January 2024 31 December 2024 31 December 2024 08807738 Mr Thibault Chevallier Mr Arnaud Susplugas true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08807738 2023-12-31 08807738 2024-12-31 08807738 2024-01-01 2024-12-31 08807738 frs-core:CurrentFinancialInstruments 2024-12-31 08807738 frs-core:Non-currentFinancialInstruments 2024-12-31 08807738 frs-core:PlantMachinery 2024-12-31 08807738 frs-core:PlantMachinery 2024-01-01 2024-12-31 08807738 frs-core:PlantMachinery 2023-12-31 08807738 frs-core:ShareCapital 2024-12-31 08807738 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08807738 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08807738 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 08807738 frs-bus:SmallEntities 2024-01-01 2024-12-31 08807738 frs-bus:Audited 2024-01-01 2024-12-31 08807738 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08807738 1 2024-01-01 2024-12-31 08807738 frs-bus:Director1 2024-01-01 2024-12-31 08807738 frs-bus:Director2 2024-01-01 2024-12-31 08807738 frs-countries:EnglandWales 2024-01-01 2024-12-31 08807738 2022-12-31 08807738 2023-12-31 08807738 2023-01-01 2023-12-31 08807738 frs-core:CurrentFinancialInstruments 2023-12-31 08807738 frs-core:Non-currentFinancialInstruments 2023-12-31 08807738 frs-core:ShareCapital 2023-12-31 08807738 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 08807738
Blue Moon Farms Ltd
Financial Statements
For The Year Ended 31 December 2024
ACCA
Eden Point
Three Acres Lane
Cheadle
SK8 6RL
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 08807738
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,567,847 6,153,936
5,567,847 6,153,936
CURRENT ASSETS
Debtors 5 594,505 410,355
Cash at bank and in hand 426,441 534,993
1,020,946 945,348
Creditors: Amounts Falling Due Within One Year 6 (395,941 ) (275,933 )
NET CURRENT ASSETS (LIABILITIES) 625,005 669,415
TOTAL ASSETS LESS CURRENT LIABILITIES 6,192,852 6,823,351
Creditors: Amounts Falling Due After More Than One Year 7 (6,135,537 ) (6,748,747 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (88,493 ) (92,813 )
NET LIABILITIES (31,178 ) (18,209 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (31,278 ) (18,309 )
SHAREHOLDERS' FUNDS (31,178) (18,209)
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Thibault Chevallier
Director
8 July 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Blue Moon Farms Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08807738 . The registered office is C/O Cutts And Company, Eden Point Three Acres Lane, Cheadle Hulme, Cheadle, SK8 6RL and there is no single principal place of business.
The presentational currency of these financial statements is Pound Sterling (£).
Accounts in these financial statements are rounded to the nearest £.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
At the reporting date the company had net liabilities amounting to £31,178. The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The company is reliant upon the continued support of Geothermal Leasing Ltd, the company's immediate parent company.
2.3. Significant judgements and estimations
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities at the reporting date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes might differ from those estimates.
The following judgements have been made by the directors in applying the company's accounting policies:
Property, plant and equipment
Property, plant and equipment is depreciated over the average lease term of the sites on which the assets are sited. This has been estimated by the directors to be 12.5 years (with effect from 1 January 2022) equating to 8.00% per annum.
2.4. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and VAT. Turnover relates to remittances from Ofgem for energy produced by the company at its various sites. Turnover is reduced for estimated rebates and other similar allowances.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 8.00% per annum on a straight line basis
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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Page 3
2.6. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.7. Borrowing costs
All borrowing costs are recognised in the profit and loss account in the year in which they are incurred.
2.8. Financial instruments
The company only has basic financial instruments, which are recognised at amortised cost.
Debtors
Short term debtors are measured at transaction price less any impairment. 
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including loans, are measured at amortised cost.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2024 7,633,225
As at 31 December 2024 7,633,225
Depreciation
As at 1 January 2024 1,479,289
Provided during the period 586,089
As at 31 December 2024 2,065,378
Net Book Value
As at 31 December 2024 5,567,847
As at 1 January 2024 6,153,936
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 592,521 377,442
Other debtors 1,984 32,913
594,505 410,355
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 9,411 17,040
Accruals and deferred income 386,530 258,893
395,941 275,933
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Amounts owed to group undertakings 6,135,537 6,748,747
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose related party transactions with wholly owned subsidaries within the group.
Long term loan balances with group companies are shown in note 7. Trade creditors and accruals include £nil (2022: £17,040) and £14,200 (2023:£nil) owed to group companies.
10. Ultimate Parent Undertaking and Controlling Party
The company's immediate parent is Geothermal Leasing Ltd and its ultimate parent undertaking is InfraVia Capital Partners SAS which, on 14 November 2024, acquired 75% of the shares of the company's previous ultimate parent company, Kyotherm SAS. The group accounts are not available for public access.
The ultimate controlling parties are not disclosed on the Paris Registre du Commerce et des Societes.
11. Audit Information
The auditor's report on the accounts of Blue Moon Farms Ltd for the year ended 31 December 2024 was unqualified.
The auditor's report was signed by Paul Allan Byrne BA (Double Hons) FCA (Senior Statutory Auditor) (Senior Statutory Auditor) for and on behalf of Ascendis Audit Limited , Statutory Auditor.
Ascendis Audit Limited
Unit 3 Building 2, The Colony
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
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