Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31false2023-11-01true0trueGreen Cat Hydrogen Developments Limitedtrueprovision of consultancy servicesfalse0false SC787224 2023-10-31 SC787224 2023-11-01 2024-12-31 SC787224 2022-10-26 2023-10-31 SC787224 2024-12-31 SC787224 c:Director3 2023-11-01 2024-12-31 SC787224 d:CurrentFinancialInstruments 2024-12-31 SC787224 d:Non-currentFinancialInstruments 2024-12-31 SC787224 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 SC787224 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 SC787224 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-12-31 SC787224 d:ShareCapital 2023-11-01 2024-12-31 SC787224 d:ShareCapital 2024-12-31 SC787224 d:RetainedEarningsAccumulatedLosses 2023-11-01 2024-12-31 SC787224 d:RetainedEarningsAccumulatedLosses 2024-12-31 SC787224 c:FRS102 2023-11-01 2024-12-31 SC787224 c:Audited 2023-11-01 2024-12-31 SC787224 c:FullAccounts 2023-11-01 2024-12-31 SC787224 c:PrivateLimitedCompanyLtd 2023-11-01 2024-12-31 SC787224 c:SmallCompaniesRegimeForAccounts 2023-11-01 2024-12-31 SC787224 e:PoundSterling 2023-11-01 2024-12-31 iso4217:GBP xbrli:pure
Registered number: SC787224














STRATHALLAN HYDROGEN LIMITED





INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE PERIOD ENDED 31 DECEMBER 2024

 
STRATHALLAN HYDROGEN LIMITED
REGISTERED NUMBER:SC787224

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
79,434

Cash at bank and in hand
  
82,463

  
161,897

Creditors: amounts falling due within one year
  
(14,240)

Net current assets
  
 
 
147,657

Total assets less current liabilities
  
147,657

Creditors: amounts falling due after more than one year
  
(557,933)

  

Net liabilities
  
(410,276)


Capital and reserves
  

Called up share capital 
  
1

Profit and loss account
  
(410,277)

  
(410,276)


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 statement of comprehensive income 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: 




C MacLennan
Director

Date: 25 July 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 1

 
STRATHALLAN HYDROGEN LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 DECEMBER 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


Comprehensive income for the period

Loss for the period
-
(410,277)
(410,277)


Contributions by and distributions to owners

Shares issued during the period
1
-
1


At 31 December 2024
1
(410,277)
(410,276)

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
STRATHALLAN HYDROGEN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.


General information

Strathallan Hydrogen Limited is a private company limited by shares and incorporated in Scotland. The registered office is Stobo House, Midlothian Innovation Centre, Roslin, Midlothian, Scotland, EH25 9RE. The principal activity of the company is the production of hydrogen gas.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company has net liabilities of £410,276. The company is funded by a loan facility from it's parent company as disclosed at note 8. Under the terms of this facility the parent company has committed to providing further funding to support the continued development of the Strathallan Hydrogen facility and to allow the company to meet its obligations as they fall due. As such the directors are of the opinion that the Company has access to adequate financial resources to meet its liabilities as they fall due and to fund its operations for a period of at least 12 months from the date of approval of these financial statements.
Having considered these factors, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors have adopted the going concern basis in preparing the financial statements.

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
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 3

 
STRATHALLAN HYDROGEN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration.


4.


Debtors

2024
£


Tax recoverable
79,434

79,434



5.


Cash and cash equivalents

2024
£

Cash at bank and in hand
82,463

82,463



6.


Creditors: Amounts falling due within one year

2024
£

Amounts owed to group undertakings
8,140

Accruals and deferred income
6,100

14,240



7.


Creditors: Amounts falling due after more than one year

2024
£

Other loans
557,933

557,933


Page 4

 
STRATHALLAN HYDROGEN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

8.


Loans


2024
£

Amounts falling due after more than 5 years

Other loans
557,933

557,933


Other loans represents a loan payable to the company's immediate parent. The loan is unsecured and no interest is payable. The loan is repayable in a single repayment in January 2034.


9.


Related party transactions

The company has taken advantage of the available exemption from disclosure of related party transactions with wholly owned group entities. 


10.


Controlling party

The immediate parent company is Green Cat Hydrogen Developments Limited, a company incorporated in United Kingdom. The immediate parent company is controlled by the board of directors and as such there is no ultimate controlling party.


11.


Auditors' information

The auditors' report on the financial statements for the period ended 31 December 2024 was unqualified.

The audit report was signed on 25 July 2025 by Stuart Rose (Senior statutory auditor) on behalf of AAB Audit & Accountancy Limited.

Page 5