REGISTERED NUMBER: OC340521 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

FORSLAN HYDRO LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

R H C Nourse

P Lees-Millais

REGISTERED OFFICE:

The Estate Office

Temple Farm

Rockley

Marlborough

Wiltshire

SN8 1RU

REGISTERED NUMBER:

OC340521 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Tangible assets

4

336,700

371,262

CURRENT ASSETS

Debtors

5

111,257

168,847

Cash at bank

240,024

88,982

351,281

257,829

CREDITORS

Amounts falling due within one year

6

95,157

53,503

NET CURRENT ASSETS

256,124

204,326

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

592,824

575,588

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

584,324

567,088

MEMBERS' OTHER INTERESTS

Capital accounts

8,500

8,500

592,824

575,588

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

584,324

567,088

Members' other interests

8,500

8,500

592,824

575,588

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31st March 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 31st December 2025 and were signed by:

R H C Nourse - Designated member

1.	STATUTORY INFORMATION

Forslan Hydro LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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.

Land and buildings

-

4% on cost

Plant and machinery etc

-

4% on cost

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st April 2024

and 31st March 2025

45,000

819,054

864,054

DEPRECIATION

At 1st April 2024

25,950

466,842

492,792

Charge for year

1,800

32,762

34,562

At 31st March 2025

27,750

499,604

527,354

NET BOOK VALUE

At 31st March 2025

17,250

319,450

336,700

At 31st March 2024

19,050

352,212

371,262

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

13,326

57,623

Other debtors

97,931

111,224

111,257

168,847

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

6,218

3,763

Taxation and social security

3,744

3,926

Other creditors

85,195

45,814

95,157

53,503

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with all other creditors.

8.	RELATED PARTY DISCLOSURES

The LLP has entered into a lease agreement on normal commercial terms with the 1998 Glenmoidart Settlement for the lease of the land. Mrs F Nourse, Mrs J Cooper, Mr D Lees-Millais and Mr P Lees-Millais are all beneficiaries of the settlement. Rent charged in respect of the leased land in 2025 was £50,160 (2024: £25,245). The balance outstanding at the year end was £75,405 (2024: £25,245) and is included in other creditors.