Caseware UK (AP4) 2024.0.164 2024.0.164 2025-06-30 2025-06-30 HFD Holdco Limited HFD Renewables Limited HFD Holdco Limited HFD Renewables Limited 2024-07-01 false 0 provision of renewable energy.HFD Renewables Limited HFD Holdco Limited 0 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC745476 2024-07-01 2025-06-30 SC745476 2023-07-01 2024-06-30 SC745476 2025-06-30 SC745476 2024-06-30 SC745476 c:Director2 2024-07-01 2025-06-30 SC745476 d:CurrentFinancialInstruments 2025-06-30 SC745476 d:CurrentFinancialInstruments 2024-06-30 SC745476 d:CurrentFinancialInstruments d:WithinOneYear 2025-06-30 SC745476 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 SC745476 d:ShareCapital 2025-06-30 SC745476 d:ShareCapital 2024-06-30 SC745476 d:RetainedEarningsAccumulatedLosses 2024-07-01 2025-06-30 SC745476 d:RetainedEarningsAccumulatedLosses 2025-06-30 SC745476 d:RetainedEarningsAccumulatedLosses 2024-06-30 SC745476 c:OrdinaryShareClass1 2024-07-01 2025-06-30 SC745476 c:OrdinaryShareClass1 2025-06-30 SC745476 c:OrdinaryShareClass1 2024-06-30 SC745476 c:FRS102 2024-07-01 2025-06-30 SC745476 c:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 SC745476 c:FullAccounts 2024-07-01 2025-06-30 SC745476 c:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 SC745476 e:PoundSterling 2024-07-01 2025-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: SC745476 HFD RENEWABLES NL LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 JUNE 2025
HFD RENEWABLES NL LIMITED REGISTERED NUMBER: SC745476 BALANCE SHEET AS AT 30 JUNE 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Current assets |  |  |  |  |
Stocks | 4 | 23,914 |  | - |
Debtors: amounts falling due within one year | 5 | 3,754 |  | - |
Cash at bank and in hand | 6 | 74 |  | 113 |
|  | 27,742 |  | 113 |
Creditors: amounts falling due within one year | 7 | (55,581) |  | (25,760) |
Net current liabilities |  |  | (27,839) |  | (25,647)
Net liabilities |  |  | (27,839) |  | (25,647)
Capital and reserves |  |  |  |  |
Called up share capital | 8 |  | 100 |  | 100
Profit and loss account | 9 |  | (27,939) |  | (25,747)
|  |  | (27,839) |  | (25,647)
The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
Mr W D Hill
Director
Date: 19 March 2026
The notes on pages 2 to 4 form part of these financial statements. Page 1
HFD RENEWABLES NL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
1. | General information
HFD Renewables NL Limited (Company number SC745476) is a private company limited by shares incorporated in Scotland. The registered office is 177 Bothwell Street, Glasgow, G2 7ER. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements for the current period cover the period from 1 July 2024 to 30 June 2025 utilising the 7 day variation to statutory year end for administrative purposes. The prior period accounts are drawn up for the period from 1 June 2023 to 30 June 2024. The following principal accounting policies have been applied:
| 2.2 | Going concern
The financial statements have been prepared on a going concern basis following an assessment by the directors. The assessment included consideration of the company's ability to meet its financial obligations as they fall due for a minimum period of 12 months from the date of approving the financial statements. The directors concluded a fundamental aspect of their assessment being the assumption the company will have continued access to the cash reserves of the wider group (HFD Group Limited) of which the company is a member by virtue of the Group's cash pooling function. In that respect, the directors have obtained a confirmation from the group that the company will continue to form part of the HFD Group's cash pooling arrangements. The directors are satisfied the wider HFD group will have continued access to sufficient working capital facilities and cash reserves to meet the group and company working capital requirements.
| 2.3 | Stocks
Stocks comprise project development costs and are stated at the lower of cost and net realisable value, costs include all direct costs. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.4 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. Page 2
HFD RENEWABLES NL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.5 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 2.6 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. | Employees
| The Company has no employees other than the directors, who did not receive any remuneration (2024 - £NIL).
4. | Stocks
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Work in progress | 23,914 | -
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 3,754 | -
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 74 | 113
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HFD RENEWABLES NL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 18,434 | 1,120
| Amounts owed to group undertakings | 32,000 | 23,700
| Accruals and deferred income | 5,147 | 940
|  | 55,581 | 25,760
8. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary shares of £1.00 each | 100 | 100
9. | Reserves
Profit and loss account The profit and loss reserves represents cumulative profits and losses, less any dividends paid.
10. | Controlling party
The Company is a subsidiary of HFD Renewables Limited, the registered office of HFD Renewables Limited is 177 Bothwell Street, Glasgow, G2 7ER. The ultimate controlling party of HFD Renewables NL Limited is HFD Holdco Limited. HFD Holdco Limited is registered in Scotland and the registered address is 177 Bothwell Street, Glasgow, G2 7ER. The smallest group to consolidate the results included in these financial statements is HFD Renewables Limited and largest group to consolidate the results included in these financial statements is HFD Holdco Limited. The consolidated financial statements of HFD Renewables Limited and HFD Holdco Limited are available from Companies House, Crown Way, Cardiff, CF14 3UZ.
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