Caseware UK (AP4) 2023.0.135 2023.0.135 2025-03-31 2025-03-31 0 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-04-01 false No description of principal activity 0 true true false SC465731 2024-04-01 2025-03-31 SC465731 2023-04-01 2024-03-31 SC465731 2025-03-31 SC465731 2024-03-31 SC465731 c:Director1 2024-04-01 2025-03-31 SC465731 d:PlantMachinery 2024-04-01 2025-03-31 SC465731 d:PlantMachinery 2025-03-31 SC465731 d:PlantMachinery 2024-03-31 SC465731 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 SC465731 d:CurrentFinancialInstruments 2025-03-31 SC465731 d:CurrentFinancialInstruments 2024-03-31 SC465731 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 SC465731 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 SC465731 d:ShareCapital 2025-03-31 SC465731 d:ShareCapital 2024-03-31 SC465731 d:RetainedEarningsAccumulatedLosses 2025-03-31 SC465731 d:RetainedEarningsAccumulatedLosses 2024-03-31 SC465731 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 SC465731 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 SC465731 c:FRS102 2024-04-01 2025-03-31 SC465731 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC465731 c:FullAccounts 2024-04-01 2025-03-31 SC465731 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC465731 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: SC465731 HILTON GREEN ENERGY LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
HILTON GREEN ENERGY LIMITED REGISTERED NUMBER: SC465731 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 1,158,688 |  | 1,274,560
|  |  | 1,158,688 |  | 1,274,560
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 238,878 |  | 250,792 |
Cash at bank and in hand | 6 | 328 |  | 775 |
|  | 239,206 |  | 251,567 |
Creditors: amounts falling due within one year | 7 | (1,050,030) |  | (1,118,598) |
Net current liabilities |  |  | (810,824) |  | (867,031)
Total assets less current liabilities |  |  | 347,864 |  | 407,529
Provisions for liabilities |  |  |  |  |
Deferred tax | 8 | (250,154) |  | (300,127) |
Other provisions |  | (35,485) |  | (35,485) |
|  |  | (285,639) |  | (335,612)
Net assets |  |  | 62,225 |  | 71,917
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | 62,125 |  | 71,817
|  |  | 62,225 |  | 71,917
The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. Page 1
HILTON GREEN ENERGY LIMITED REGISTERED NUMBER: SC465731 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025 The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 September 2025.
Michael Ross Bolton
Director
The notes on pages 3 to 8 form part of these financial statements. Page 2
HILTON GREEN ENERGY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Hilton Green Enregy Ltd is a private company, limited by shares, registered in Scotland. The Company's registered number and registered office address can be found on the Company Information page. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies. The following principal accounting policies have been applied:
| 2.2 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Sale of goods Revenue from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably. Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably. Page 3
HILTON GREEN ENERGY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.3 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
| 2.4 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.5 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.6 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Page 4
HILTON GREEN ENERGY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.6 | Tangible fixed assets (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Plant and machinery | - | 4% | on cost
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.7 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.8 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.9 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.10 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
| 2.11 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. Page 5
HILTON GREEN ENERGY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
3. | Employees
| The Company has no employees other than the directors, who did not receive any remuneration (2024 - £NIL).
4. | Tangible fixed assets
|  | Plant and machinery
|  | £
| Cost or valuation |
| At 1 April 2024 | 2,292,366
| At 31 March 2025 | 2,292,366
| Depreciation |
| At 1 April 2024 | 1,017,806
| Charge for the year on owned assets | 115,872
| At 31 March 2025 | 1,133,678
| Net book value |
| At 31 March 2025 | 1,158,688
| At 31 March 2024 | 1,274,560
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 223,572 | 236,583
| Prepayments and accrued income | 15,306 | 14,209
|  | 238,878 | 250,792
Page 6
HILTON GREEN ENERGY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 328 | 775
|  | 328 | 775
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | - | 422
| Amounts owed to group undertakings | 923,008 | 923,008
| Corporation tax | 110,018 | 167,269
| Other taxation and social security | 13,624 | 21,899
| Accruals and deferred income | 3,380 | 6,000
|  | 1,050,030 | 1,118,598
| At the Balance Sheet date, included in creditors was a loan from the group of £923,008 (2024: £923,008). This loan has no formal repayment terms and is therefore repayable within 1 year. Interest is charged at 6%.
8. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (300,127)
| Utilised in year | 49,973
| At end of year | (250,154)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | (250,154) | (300,127)
|  | (250,154) | (300,127)
Page 7
HILTON GREEN ENERGY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
9. | Related party transactions
| The Company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. There were no transactions with key management personnel.
10. | Controlling party
The parent of the smallest group that draws up consolidated accounts is E3 Wind Limited. The registered office of E3 Wind Limited is 10-12 Bourlet Close, London, W1W 7BR.
Page 8