0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-08-01 Sage Accounts Production Advanced 2024 - FRS102_2024 2,250,178 77,362 2,327,540 614,558 116,377 730,935 1,596,605 1,635,620 xbrli:pure xbrli:shares iso4217:GBP SC510683 2024-08-01 2025-07-31 SC510683 2025-07-31 SC510683 2024-07-31 SC510683 2023-08-01 2024-07-31 SC510683 2024-07-31 SC510683 2023-07-31 SC510683 core:PlantMachinery 2024-08-01 2025-07-31 SC510683 bus:Director1 2024-08-01 2025-07-31 SC510683 core:WithinOneYear 2025-07-31 SC510683 core:WithinOneYear 2024-07-31 SC510683 core:PlantMachinery 2024-07-31 SC510683 core:PlantMachinery 2025-07-31 SC510683 core:ShareCapital 2025-07-31 SC510683 core:ShareCapital 2024-07-31 SC510683 core:RetainedEarningsAccumulatedLosses 2025-07-31 SC510683 core:RetainedEarningsAccumulatedLosses 2024-07-31 SC510683 core:PlantMachinery 2024-07-31 SC510683 bus:SmallEntities 2024-08-01 2025-07-31 SC510683 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 SC510683 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 SC510683 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 SC510683 bus:FullAccounts 2024-08-01 2025-07-31
COMPANY REGISTRATION NUMBER: SC510683

Folla Energy Ltd

Filleted Unaudited Financial Statements

31 July 2025

Folla Energy Ltd

Statement of Financial Position

31 July 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 4 | 1,596,605 | 1,635,620

Current assets

Debtors | 5 | 173,941 | 17,590
Cash at bank and in hand | 231,165 | 6,258
| --------- | --------
| 405,106 | 23,848

Creditors: amounts falling due within one year | 6 | 1,764,485 | 1,492,175
| ------------ | ------------
Net current liabilities | 1,359,379 | 1,468,327
| ------------ | ------------
Total assets less current liabilities | 237,226 | 167,293
| --------- | ---------
Net assets | 237,226 | 167,293
| --------- | ---------

Capital and reserves

Called up share capital | 2 | 2
Profit and loss account | 237,224 | 167,291
| --------- | ---------
Shareholders funds | 237,226 | 167,293
| --------- | ---------

These financial statements 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 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Folla Energy Ltd

Statement of Financial Position (continued)

31 July 2025
These financial statements were approved by the board of directors and authorised for issue on 12 February 2026 , and are signed on behalf of the board by:

Mr A W Simmers |
Director |

Company registration number: SC510683

Folla Energy Ltd

Notes to the Financial Statements

Year ended 31 July 2025
1. General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Mains of Bogfechel, Whiterashes, Aberdeen, AB21 0QU.
2. Statement of compliance
These financial statements 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.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
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 | - | 5% straight line

4. Tangible assets

| Plant and machinery
| £
Cost |
At 1 August 2024 | 2,250,178
Additions | 77,362
| ------------
At 31 July 2025 | 2,327,540
| ------------
Depreciation |
At 1 August 2024 | 614,558
Charge for the year | 116,377
| ------------
At 31 July 2025 | 730,935
| ------------
Carrying amount |
At 31 July 2025 | 1,596,605
| ------------
At 31 July 2024 | 1,635,620
| ------------

5. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 140,089 | –
Prepayments and accrued income | 29,336 | 17,578
Other debtors | 4,516 | 12
| --------- | --------
| 173,941 | 17,590
| --------- | --------

6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 39,250 | –
Amounts owed to group undertakings | 1,132,268 | 1,132,267
Accruals and deferred income | 251,602 | 119,598
Director loan accounts | 101,055 | –
Scotfarms Loan | 240,310 | 240,310
| ------------ | ------------
| 1,764,485 | 1,492,175
| ------------ | ------------