Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 11687163 Mr Jan Tosnar Renfin Hydro Holdco Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11687163 2023-12-31 11687163 2024-12-31 11687163 2024-01-01 2024-12-31 11687163 frs-core:CurrentFinancialInstruments 2024-12-31 11687163 frs-core:Non-currentFinancialInstruments 2024-12-31 11687163 frs-core:ShareCapital 2024-12-31 11687163 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11687163 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11687163 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11687163 frs-bus:SmallEntities 2024-01-01 2024-12-31 11687163 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11687163 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11687163 1 2024-01-01 2024-12-31 11687163 frs-core:CostValuation 2023-12-31 11687163 frs-core:CostValuation 2024-12-31 11687163 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 11687163 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 11687163 frs-bus:Director1 2024-01-01 2024-12-31 11687163 frs-countries:EnglandWales 2024-01-01 2024-12-31 11687163 2022-12-31 11687163 2023-12-31 11687163 2023-01-01 2023-12-31 11687163 frs-core:CurrentFinancialInstruments 2023-12-31 11687163 frs-core:Non-currentFinancialInstruments 2023-12-31 11687163 frs-core:ShareCapital 2023-12-31 11687163 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 11687163
Renfin Hydro Ltd
Financial Statements
For The Year Ended 31 December 2024
Newman Morris Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11687163
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 141 141
141 141
CURRENT ASSETS
Debtors 5 13,881,314 15,204,661
Cash at bank and in hand 621,534 1,748
14,502,848 15,206,409
Creditors: Amounts Falling Due Within One Year 6 (770,547 ) (719,519 )
NET CURRENT ASSETS (LIABILITIES) 13,732,301 14,486,890
TOTAL ASSETS LESS CURRENT LIABILITIES 13,732,442 14,487,031
Creditors: Amounts Falling Due After More Than One Year 7 (13,729,584 ) (14,495,926 )
NET ASSETS/(LIABILITIES) 2,858 (8,895 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 2,857 (8,896 )
SHAREHOLDERS' FUNDS 2,858 (8,895)
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Jan Tosnar
Director
30/09/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Renfin Hydro Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11687163 . The registered office is Wellington House, 273-275 High Street, London Colney, Hertfordshire, AL2 1HA.
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. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investments
Subsidiaries
£
Cost or Valuation
As at 1 January 2024 141
As at 31 December 2024 141
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 141
As at 1 January 2024 141
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5. Debtors
2024 2023
£ £
Due within one year
Amounts owed by subsidiaries 777,563 728,799
Due after more than one year
Amounts owed by subsidiaries 13,103,751 14,475,862
13,881,314 15,204,661
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - (1 )
Bank loans and overdrafts 766,806 717,579
Other creditors 141 141
Accruals and deferred income 3,600 1,800
770,547 719,519
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 13,729,584 14,495,926
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Related Party Transactions
Included in the debtors at the year end are amounts owed to Renfin Hydro Ltd from the following subsidaries:
Renfin Corrimony Ltd
H2O Power TOWY Ltd
Afon Las Hydro Ltd
At the end of 2024 the amount amouts owed totals £13,871,093 (2023: £15,193,441). Interest on these loan balances are payable at an annual average rate of 3%. 
10. Ultimate Parent Undertaking and Controlling Party
The company's ultimate parent undertaking is Renfin International a.s . The ultimate controlling party is Renfin Hydro Holdco Limited who controls 100% of the shares of Renfin Hydro Ltd .
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