| Registered Number:NI606185 |
For the year ended 28 February 2025
Northern Ireland
Unaudited Financial Statements
For the year ended 28 February 2025
Hill Renewables Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Hill Renewables Limited
Abridged Statement of Financial Position
2024
2025
2
| Property, plant and equipment |
371,632
388,725
371,632
388,725
| Trade and other receivables |
656,322
64,145
431,657
| Cash and cash equivalents |
694,385
758,530
1,087,979
| Trade and other payables: amounts falling due within one |
| year |
(198,396)
(116,567)
3
889,583
641,963
Net current assets
| Total assets less current liabilities |
1,013,595
1,278,308
| Trade and other payables: amounts falling due after more |
| than one year |
(250,000)
(250,000)
4
(85,061)
(92,950)
| Provisions for liabilities |
678,534
Net assets
935,358
130
130
678,404
935,228
678,534
935,358
Shareholders' funds
| For the year ended 28 February 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
| each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
| 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
| statements, so far as applicable to the company. |
| All the members have consented to the preparation of an Abridged Statement of Financial Position for the year ended 28 February 2025 in accordance with Section 444 (2A) of the Companies Act 2006. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 28 February 2025
Hill Renewables Limited
Abridged Statement of Financial Position Continued
| These financial statements were approved and authorised for issue by the Board on 16 July 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 28 February 2025
Hill Renewables Limited
Notes to the Financial Statements
Statutory Information
| Hill Renewables Limited is a private limited company, limited by shares, domiciled in Northern Ireland, registration |
| number NI606185. |
20 Seagahan Road
Collone
Armagh
Armagh
BT60 2BH
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and Buildings
Plant and Machinery
Computer Equipment
Motor Vehicles
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
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For the year ended 28 February 2025
Hill Renewables Limited
Notes to the Financial Statements Continued
| Property, plant |
| and |
| equipment |
926,560
24,500
951,060
| Provision for depreciation, |
| amortisation and impairment |
537,835
41,593
Charge for year
579,428
371,632
388,725
| 3. Trade and other payables: amounts falling due within one year |
2024
2025
| Taxation and social security |
5,689
80,831
110,878
117,565
116,567
198,396
| 4. Trade and other payables: amounts falling due after more than one year |
2024
2025
250,000
250,000
| 5. Average number of persons employed |
During the year the average number of employees was 1 (2024 : 1)
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