REGISTERED NUMBER: 10377112 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Edge Hydro Holdings Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Wetenhall

F P H Carter

C W M Dickins

A P L Jansen

D Little

A W L Macdougall

REGISTERED OFFICE:

EQ Accountants

Unit 6 Agricultural Hall

Skirsgill

Penrith

CA11 0FF

REGISTERED NUMBER:

10377112 (England and Wales)

ACCOUNTANTS:

EQ Accountants Limited

47-49 The Square

Kelso

Roxburghshire

TD5 7HW

FIXED ASSETS

Tangible assets

4

356,302

430,177

Investments

5

17,047,332

18,985,184

17,403,634

19,415,361

CURRENT ASSETS

Debtors

6

4,032,348

3,810,317

Cash at bank

1,119,015

1,393,103

5,151,363

5,203,420

CREDITORS

Amounts falling due within one year

7

1,806,155

1,745,768

NET CURRENT ASSETS

3,345,208

3,457,652

TOTAL ASSETS LESS CURRENT LIABILITIES

20,748,842

22,873,013

CREDITORS

Amounts falling due after more than one year

8

(17,613,012

)

(19,224,913

)

PROVISIONS FOR LIABILITIES

(576,605

)

(595,670

)

NET ASSETS

2,559,225

3,052,430

CAPITAL AND RESERVES

Called up share capital

90,000

90,000

Share premium

3,630,000

3,630,000

Fair value reserve

10

1,555,883

1,787,009

Retained earnings

(2,716,658

)

(2,454,579

)

SHAREHOLDERS' FUNDS

2,559,225

3,052,430

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2025 and were signed on its behalf by:

R Wetenhall - Director

1.	STATUTORY INFORMATION

Edge Hydro Holdings Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

10% on cost and 2.55% on cost

Motor vehicles

-

33% on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

597,848

Additions

1,460

At 31 December 2024

599,308

DEPRECIATION

At 1 January 2024

167,671

Charge for year

75,335

At 31 December 2024

243,006

NET BOOK VALUE

At 31 December 2024

356,302

At 31 December 2023

430,177

5.	FIXED ASSET INVESTMENTS

Loans to

group

undertakings

£

At 1 January 2024

18,985,184

New in year

(1,937,852

)

At 31 December 2024

17,047,332

6.

DEBTORS

31.12.24

31.12.23

£

£

Amounts falling due within one year:

Trade debtors

43,800

85,770

Other debtors

528,789

556,325

572,589

642,095

Amounts falling due after more than one year:

Derivatives

3,459,759

3,168,222

Aggregate amounts

4,032,348

3,810,317

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

651,897

610,495

Hire purchase contracts

6,954

6,294

Trade creditors

622,660

620,141

Taxation and social security

307,812

232,638

Other creditors

216,832

276,200

1,806,155

1,745,768

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

13,129,472

13,781,369

Hire purchase contracts

47,715

55,793

Other creditors

4,435,825

5,387,751

17,613,012

19,224,913

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

13,129,472

13,781,369

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

13,781,369

14,391,864

The AIB Group (UK) Ltd holds a fixed and floating charge over all the property of the company.

The National Trust for Scotland holds a fixed charge over the bank account ending 863.

10.

RESERVES

Fair

value

reserve

£

At 1 January 2024

1,787,009

Fair value movement

(231,126

)

At 31 December 2024

1,555,883