REGISTERED NUMBER: 08528862 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

How End Renewables Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M G Swainson

Mr J C Swainson

Mr G Swainson

Mrs A E Swainson

REGISTERED OFFICE:

How End Farm

How End

Thursby

Carlisle

Cumbria

CA5 6PX

REGISTERED NUMBER:

08528862 (England and Wales)

ACCOUNTANTS:

Benson Accountants

Wiza House

Station Road

Wigton

Cumbria

CA7 9BA

FIXED ASSETS

Tangible assets

5

3,015,944

3,086,698

CURRENT ASSETS

Stocks

22,500

22,500

Debtors

6

117,492

101,720

Cash at bank

183,425

268,830

323,417

393,050

CREDITORS

Amounts falling due within one year

7

1,001,635

852,441

NET CURRENT LIABILITIES

(678,218

)

(459,391

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,337,726

2,627,307

CREDITORS

Amounts falling due after more than one year

8

(471,311

)

(998,306

)

PROVISIONS FOR LIABILITIES

(139,650

)

-

NET ASSETS

1,726,765

1,629,001

CAPITAL AND RESERVES

Called up share capital

500

500

Retained earnings

1,726,265

1,628,501

SHAREHOLDERS' FUNDS

1,726,765

1,629,001

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by:

Mrs M G Swainson - Director

Mr G Swainson - Director

Mr J C Swainson - Director

Mrs A E Swainson - Director

1.	STATUTORY INFORMATION

How End Renewables Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

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

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance and 5% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

2,416,354

1,254,375

3,670,729

DEPRECIATION

At 1 April 2024

-

584,031

584,031

Charge for year

-

70,754

70,754

At 31 March 2025

-

654,785

654,785

NET BOOK VALUE

At 31 March 2025

2,416,354

599,590

3,015,944

At 31 March 2024

2,416,354

670,344

3,086,698

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

103,082

44,614

Other debtors

14,410

57,106

117,492

101,720

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

118,153

225,988

Trade creditors

462

1,709

Taxation and social security

144,094

190,271

Other creditors

738,926

434,473

1,001,635

852,441

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans

471,311

998,306

9.	SECURED DEBTS

The following secured debts are included within creditors:

31/3/25

31/3/24

£

£

Bank loans

589,464

-

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 March 2025 and the period ended 31 March 2024:

31/3/25

31/3/24

£

£

Mr G Swainson

Balance outstanding at start of year

14,385

(539

)

Amounts advanced

-

14,924

Amounts repaid

(14,385

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

14,385

Mr J C Swainson

Balance outstanding at start of year

19,924

-

Amounts advanced

-

19,924

Amounts repaid

(19,924

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

19,924

Mrs A E Swainson

Balance outstanding at start of year

8,385

(6,539

)

Amounts advanced

-

14,924

Amounts repaid

(8,385

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

8,385

11.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed £2,462 (2024 - £Nil) to J, G & JC Swainson, a farming partnership in which the directors of this company are partners. The borrowing is unsecured, interest free and repayable on demand.

The company also owed £735,219 (2024 - 379,801) to How End Farms, a company in which Mr G Swainson, Mr J C Swainson, Mrs M G Swainson are directors. The borrowing is unsecured, interest free and repayable on demand.

The windturbine owned by the company is situated on land owned by the directors. No rent is payable in respect of this.