Strachur Renewables Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: SC391193

Strachur Renewables Limited

Filleted Unaudited Accounts

For the year ended

31 January 2025

Strachur Renewables Limited

Statement of Financial Position

31 January 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		1,086,696	1,114,606

Current assets

Debtors	6	229,387	266,480
Cash at bank and in hand		35,211	248,869
		---------	---------
		264,598	515,349

Creditors: amounts falling due within one year	7	189,139		232,275
		---------		---------
Net current assets			75,459	283,074
			------------	------------
Total assets less current liabilities			1,162,155	1,397,680

Creditors: amounts falling due after more than one year	8		352,318	480,629

Provisions

Taxation including deferred tax	93,001	95,673
	------------	------------
Net assets	716,836	821,378
	------------	------------

Capital and reserves

Called up share capital	9	100	100
Profit and loss account		716,736	821,278
		---------	---------
Shareholder funds		716,836	821,378
		---------	---------

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts .

Strachur Renewables Limited

Statement of Financial Position (continued)

31 January 2025

These accounts were approved by the board of directors and authorised for issue on 29 October 2025 , and are signed on behalf of the board by:

Sir Charles Maclean

Director

Company registration number: SC391193

Strachur Renewables Limited

Notes to the Accounts

Year ended 31 January 2025

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is Strachur House, Strachur, Argyll, PA27 8BX.

2. Statement of compliance

These accounts have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern The financial statements have been prepared on a going concern basis. The director has assessed the Company's ability to continue as a going concern and has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus he continues to adopt the going concern basis of accounting in preparing these financial statements.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

Deferred tax is provided on the liability method to take account of timing differences between the treatment for certain items for financial statements purposes and the treatment for tax purposes. Tax deferred is accounted for in respect of all material timing differences. Deferred tax assets are only recognised to the extent that they are regarded as recoverable.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	2.5-5% straight line
Motor vehicles	-	25% straight line
Equipment	-	20% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 6 (2024: 6 ).

5. Tangible assets

Plant and machinery	Motor vehicles	Equipment	Total
£	£	£	£

Cost
At 1 February 2024	1,431,393	48,101	7,988	1,487,482
Additions	21,209	–	–	21,209
	------------	--------	-------	------------
At 31 January 2025	1,452,602	48,101	7,988	1,508,691
	------------	--------	-------	------------
Depreciation
At 1 February 2024	353,502	14,588	4,786	372,876
Charge for the year	36,276	12,025	818	49,119
	------------	--------	-------	------------
At 31 January 2025	389,778	26,613	5,604	421,995
	------------	--------	-------	------------
Carrying amount
At 31 January 2025	1,062,824	21,488	2,384	1,086,696
	------------	--------	-------	------------
At 31 January 2024	1,077,891	33,513	3,202	1,114,606
	------------	--------	-------	------------

6. Debtors

	2025	2024
	£	£

Trade debtors	148,023	236,559
Other debtors	81,364	29,921
	---------	---------
	229,387	266,480
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£

Trade creditors	80,687	75,193
Corporation tax	35,170	90,945
Social security and other taxes	7,516	1,512
Accruals	6,317	5,176
Other creditors	59,449	59,449
	---------	---------
	189,139	232,275
	---------	---------

Barclays Bank PLC holds fixed and floating charges over the assets of the company and those of Strachur Estate in relation to loans held by Strachur Estate. The bank also holds standard security over the company's interest in the lease between the director and Strachur Renewables Limited .

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£

Other creditors	352,318	480,629
	---------	---------

9. Called up share capital

Issued, called up and fully paid

2025		2024
No.	£	No.	£

Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

10. Related party transactions

During the year, the company paid a related entity £84,652 (2024: £130,243) in respect of its share of the income generated per the lease agreement. At the year end, the company owed the related entity £394,860 (2024: £540,078).