Coldharbour Farm Solar Park Limited

Contents

Balance Sheet	1
Notes to the Financial Statements	2 to 5

Coldharbour Farm Solar Park Limited

Balance Sheet

31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	460,514	-
Current assets
Debtors	5	110,621	102,229
Cash at bank and in hand		-	100
		110,621	102,329
Creditors: Amounts falling due within one year	6	(571,035)	(102,229)
Net current (liabilities)/assets		(460,414)	100
Net assets		100	100
Capital and reserves
Called up share capital	7	100	100
Shareholders' funds		100	100

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 5 September 2025 and signed on its behalf by:
 

......................................... C D Bennett Director

Company Registration Number: 09458354

Coldharbour Farm Solar Park Limited

Notes to the Financial Statements

Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
35 - 35A The Maltings
Lower Charlton Trading Estate
Shepton Mallet
Somerset
England
BA4 5QE

These financial statements were authorised for issue by the Board on 5 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency is £ sterling.

Going concern

The financial statements have been prepared on a going concern basis. At the balance sheet date, the company had net current liabilities of £460,414 (2023: net current assets of £100). The company owed other group companies £110,521 (2023: £102,229) for funding the construction of a solar park. The amounts owed to other group companies has been treated as due within one year as there are no formal terms attached to the balances. The directors have obtained confirmation from other group companies that the amounts owed will not be called in until the company has sufficient funds available to do so, or it obtains external finance.

Coldharbour Farm Solar Park Limited

Notes to the Financial Statements

Year Ended 31 December 2024

Judgements

The preparation of the financial statements requires the directors to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date, and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates.

Other debtors represent certain costs that have been incurred in advance of the solar park being developed. The directors assess whether the costs meet the recognition criteria of an asset. Recoverability is assessed either by way of the costs being refundable or whether they will be absorbed into the overall cost of the solar park.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Tangible fixed assets relate to a solar park in construction therefore no depreciation has been provided as the asset is not yet fully commissioned.

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors; and
• Balances due to group undertakings.

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

Coldharbour Farm Solar Park Limited

Notes to the Financial Statements

Year Ended 31 December 2024

4	Tangible assets

	Solar parks under construction £	Total £
Cost or valuation
Additions	460,514	460,514
At 31 December 2024	460,514	460,514
Depreciation
Carrying amount
At 31 December 2024	460,514	460,514

5

Debtors

	2024 £	2023 £
Other debtors	110,621	102,229

6

Creditors

	2024 £	2023 £
Due within one year
Accruals and deferred income	460,514	-
Amounts due to group undertakings	110,521	102,229
	571,035	102,229