REGISTERED NUMBER: SO304578 (Scotland)

REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

CREAG DHUBH RENEWABLES LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Statement of Financial Position

4

Reconciliation of Members' Interests

6

Notes to the Financial Statements

8

DESIGNATED MEMBERS:

A J Duncan

D A S Green

A W J Fowlie

REGISTERED OFFICE:

Muirden Farm

Turriff

Aberdeenshire

AB53 4NH

REGISTERED NUMBER:

SO304578 (Scotland)

ACCOUNTANTS:

Thomas Barrie & Co LLP

Atlantic House

1a Cadogan Street

Glasgow

G2 6QE

The members present their report with the financial statements of the LLP for the year ended 31 March 2025.

DESIGNATED MEMBERS

The designated members during the year under review were:

A J Duncan

D A S Green

A W J Fowlie

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The loss for the year before members' remuneration and profit shares was £120 (2024 - £110 loss).

MEMBERS' INTERESTS

Members are entitled to make drawings on their share of revenue profits or capital profits up to the amount determined by the Members for each period.

New members can be admitted by a unanimous vote of the Designated Members.

ON BEHALF OF THE MEMBERS:

D A S Green - Designated member

31 December 2025

TURNOVER

-

-

Other operating expenses

(120

)

(110

)

OPERATING LOSS and

LOSS FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

(120

)

(110

)

CURRENT ASSETS

Debtors

643

523

Cash at bank

77

122

720

645

CREDITORS

Amounts falling due within one year

4

(20

)

(20

)

NET CURRENT ASSETS

700

625

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

700

625

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

-

MEMBERS' OTHER INTERESTS

Capital accounts

700

625

700

625

TOTAL MEMBERS' INTERESTS

Members' other interests

700

625

Amounts due from members

(643

)

(523

)

57

102

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 31 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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

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

D A S Green - Designated member

EQUITY

Members' other interests

Members'

capital

(classified

as

Other

equity)

reserves

Total

£

£

£

Balance at 1 April 2024

625

-

625

Loss for the financial year available for discretionary division among members

-

(120

)

(120

)

Members' interests after loss for the year

625

(120

)

505

Other divisions of loss

-

120

120

Introduced by members

75

-

75

Balance at 31 March 2025

700

-

700

DEBT

TOTAL

Loans and other debts due to

MEMBERS'

members less any amounts due

INTERESTS

from members in debtors

Other

amounts

Total

£

£

Amount due to members

-

Amount due from members

(523

)

Balance at 1 April 2024

(523

)

102

Loss for the financial year available for discretionary division among members

-

(120

)

Members' interests after loss for the year

(523

)

(18

)

Other divisions of loss

(120

)

-

Introduced by members

-

75

Amount due to members

-

Amount due from members

(643

)

Balance at 31 March 2025

(643

)

57

EQUITY

Members' other interests

Members'

capital

(classified

as

Other

equity)

reserves

Total

£

£

£

Balance at 1 May 2023

425

-

425

Loss for the financial year available for discretionary division among members

-

(110

)

(110

)

Members' interests after loss for the year

425

(110

)

315

Other divisions of loss

-

110

110

Introduced by members

200

-

200

Balance at 31 March 2024

625

-

625

DEBT

TOTAL

Loans and other debts due to

MEMBERS'

members less any amounts due

INTERESTS

from members in debtors

Other

amounts

Total

£

£

Amount due to members

-

Amount due from members

(413

)

Balance at 1 May 2023

(413

)

12

Loss for the financial year available for discretionary division among members

-

(110

)

Members' interests after loss for the year

(413

)

(98

)

Other divisions of loss

(110

)

-

Introduced by members

-

200

Amount due to members

-

Amount due from members

(523

)

Balance at 31 March 2024

(523

)

102

1.	STATUTORY INFORMATION

Creag Dhubh Renewables LLP is registered in Scotland, registration number SO304578. The registered office is Muirden Farm, Turriff, Aberdeenshire, AB53 4NH.

The principal activity of the company is renewable energy.

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.

The presentational and functional currency of the financial statements is Pounds Sterling (£).

Significant judgements and estimates

In preparing these financial statements, the members are required to make judgements, estimates and assumptions that affect the application of the Company's accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates. Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to estimates are recognised prospectively.

There are no significant judgements or estimates used in the preparation of these accounts.

Financial instruments

The LLP has financial assets and financial liabilities of a kind that qualify as basic financial instruments.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash and cash equivalents comprises cash balances.

Creditors

Short term trade creditors are measured at the transaction price.

Provisions

Provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the liability. The unwinding of the discount is recognised as finance cost.

3.	EMPLOYEE INFORMATION

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

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

20

20