Kimblesworth Solar Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 13790980

		31 December 2024		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		114,229		141,125

			114,229		141,125
CURRENT ASSETS
Debtors	5	1,321		421
Cash at bank and in hand		9,205		502

		10,526		923
Creditors: Amounts Falling Due Within One Year	6	(132,588 )		(147,702 )

NET CURRENT ASSETS (LIABILITIES)			(122,062 )		(146,779 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(7,833 )		(5,654 )

NET LIABILITIES			(7,833 )		(5,654 )

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			(7,834 )		(5,655 )

SHAREHOLDERS' FUNDS			(7,833)		(5,654)

For the year ending 31 December 2024 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 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.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Owen Saward

Director

25/09/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Kimblesworth Solar Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13790980 . The registered office is C/O Cer Ltd, Northgate House, Upper Borough Walls, Bath, BA1 1RG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

The directors have prepared the financial statements on a going concern basis which assumes that the company will have sufficient financial resources to meet its liabilities for a period of at least twelve months from the date of approving these financial statements.

The company’s balance sheet includes a significant net creditor position owed to group undertakings, and therefore the directors have considered the support received from the wider group when completing this assessment.

Based on the support which the directors expect to be available from the parent company and wider group during this early development phase, the directors consider it appropriate to prepare the financial statements on a going concern basis.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Expenditure on research activities is charged to the profit and loss account as incurred.

Expenditure on development activities is capitalised as intangible assets if the project is considered to be technically and commercially feasible and has received formal board approval and funding to complete the project for use or for sale.

Development projects relate to solar developments. Costs incurred in bringing these projects to the consent stage include options over land rights, planning application costs and environmental impact studies.

Development assets are not amortised until the asset is complete and ready for its intended use at which point it is transferred into Property Plant and Equipment. Intangible assets are subject to annual impairment testing.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2024	141,125
Disposals	(26,896 )

As at 31 December 2024	114,229

Net Book Value
As at 31 December 2024	114,229

As at 1 January 2024	141,125

5. Debtors

	31 December 2024	31 December 2023
	£	£
Due within one year
Other debtors	1,321	421

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Kimblesworth Solar Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Creditors: Amounts Falling Due Within One Year

	31 December 2024	31 December 2023
	£	£
Trade creditors	6,378	-
Amounts owed to group undertakings	124,710	145,201
Other creditors	1,500	2,501

	132,588	147,702

7. Share Capital

	31 December 2024	31 December 2023
	£	£
Allotted, Called up and fully paid	1	1

8. Related Party Transactions

Kimblesworth Solar Ltd (Company number: 13790980)

As at 31 December 2024, Climate ER Helio Ltd was the ultimate controlling party of Kimblesworth Solar Ltd by virtue of its ownership of 100% of the issued share capital in the company.

During the year, Kimblesworth Solar Ltd was charged £19,384 (2023: £44,574) under the Developer Service agreement, other costs were recharged of £55,967 (2023: £1,402).

In the financial year, the directors have reviewed and adjusted the Developer Service agreement to align with commercial conditions. As a result, Climate ER Helio Ltd have written off £95,842 of the costs previously recognised as due by Kimblesworth Solar Limited.

The amount due to Climate ER Helio Ltd at the year-end was £124,710 (2023: £145,201) which is repayable on demand and interest-free.

9. Ultimate Controlling Party

The company's ultimate controlling party is Climate ER Helio Ltd by virtue of his ownership of 100% of the issued share capital in the company.

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