INISHATIVE WINDFARM LIMITED

Company Registration Number:
NI602489 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

INISHATIVE WINDFARM LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

INISHATIVE WINDFARM LIMITED

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 1,907,000 2,063,000
Tangible assets: 4 11,622,000 12,574,000
Investments:   0 0
Total fixed assets: 13,529,000 14,637,000
Current assets
Stocks: 0 0
Debtors:   1,715,000 1,235,000
Cash at bank and in hand: 1,062,000 2,194,000
Investments:   0 0
Total current assets: 2,777,000 3,429,000
Creditors: amounts falling due within one year: 5 (12,848,000) (15,075,000)
Net current assets (liabilities): (10,071,000) (11,646,000)
Total assets less current liabilities: 3,458,000 2,991,000
Creditors: amounts falling due after more than one year: 6 (2,593,000) (2,528,000)
Provision for liabilities: 0 0
Total net assets (liabilities): 865,000 463,000
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 864,999 462,999
Shareholders funds: 865,000 463,000

The notes form part of these financial statements

INISHATIVE WINDFARM LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 June 2025
and signed on behalf of the board by:

Name: When Zhao
Status: Director

The notes form part of these financial statements

INISHATIVE WINDFARM LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

INISHATIVE WINDFARM LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

INISHATIVE WINDFARM LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 3,114,000
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2024 3,114,000
Amortisation
At 01 January 2024 1,051,000
Charge for year 156,000
On disposals 0
Other adjustments 0
At 31 December 2024 1,207,000
Net book value
At 31 December 2024 1,907,000
At 31 December 2023 2,063,000

INISHATIVE WINDFARM LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 18,730,000
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2024 18,730,000
Depreciation
At 01 January 2024 6,156,000
Charge for year 952,000
On disposals 0
Other adjustments 0
At 31 December 2024 7,108,000
Net book value
At 31 December 2024 11,622,000
At 31 December 2023 12,574,000

INISHATIVE WINDFARM LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

12848000

INISHATIVE WINDFARM LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due after more than one year note

2593000

INISHATIVE WINDFARM LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Related party transactions

FRS101: 8(k) exempts qualifying entities from disclosing related party transactions entered into between two or more members of a group, provided that any subsidiary which is a party to the transactions is wholly owned by a member of that group.

INISHATIVE WINDFARM LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

8. Post balance sheet events

There have been no significant events since the year end date which would require disclosure in or amendment of these financial statements.