Industria Solar Forfar Limited

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2—3

Registered number: 13422480

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		501,694		768,844

			501,694		768,844
CURRENT ASSETS
Debtors	5	53		5,142
Cash at bank and in hand		4,251		12,783

		4,304		17,925
Creditors: Amounts Falling Due Within One Year	6	(493,518 )		(793,776 )

NET CURRENT ASSETS (LIABILITIES)			(489,214 )		(775,851 )

TOTAL ASSETS LESS CURRENT LIABILITIES			12,480		(7,007 )

NET ASSETS/(LIABILITIES)			12,480		(7,007 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Income Statement			12,380		(7,107 )

SHAREHOLDERS' FUNDS			12,480		(7,007)

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 Income Statement.

On behalf of the board

Mr J Hall

Director

29 December 2025

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

1. General Information

Industria Solar Forfar Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13422480 . The registered office is G10, Amber Court, William Armstrong Drive, Newcastle Upon Tyne, Tyne and Wear, NE4 7YA.

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. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are costs in relation to renewable energy project rights. They will be amortised when brought into use over its estimated economic life.

2.3. Borrowing Costs

Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use or sale.

3. Average Number of Employees

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

4. Intangible Assets

	Other Intangible Assets
	£
Cost
As at 1 January 2024	768,844
Additions	361,829

As at 31 December 2024	1,130,673

Amortisation
As at 1 January 2024	-
Impairment losses	628,979

As at 31 December 2024	628,979

Net Book Value
As at 31 December 2024	501,694

As at 1 January 2024	768,844

5. Debtors

	2024	2023
	£	£
Due within one year
VAT	53	5,142

Page 2

Page 3

Industria Solar Forfar Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	3,931	3,562
Accruals and deferred income	1,749	1,749
Amounts owed to parent undertaking	-	788,465
Amounts owed to related parties	487,838	-

	493,518	793,776

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100