Caseware UK (AP4) 2024.0.164 2024.0.164 2025-06-30 2025-06-30 HFD Renewables Limited 2024-07-01 HFD Renewables Limited HFD Renewables Limited HFD Holdco Limited HFD Holdco Limited 0 HFD Holdco Limited false is the provision of renewable energy.0 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC745477 2024-07-01 2025-06-30 SC745477 2023-07-01 2024-06-30 SC745477 2025-06-30 SC745477 2024-06-30 SC745477 c:Director2 2024-07-01 2025-06-30 SC745477 d:CurrentFinancialInstruments 2025-06-30 SC745477 d:CurrentFinancialInstruments 2024-06-30 SC745477 d:CurrentFinancialInstruments d:WithinOneYear 2025-06-30 SC745477 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 SC745477 d:ShareCapital 2025-06-30 SC745477 d:ShareCapital 2024-06-30 SC745477 d:RetainedEarningsAccumulatedLosses 2024-07-01 2025-06-30 SC745477 d:RetainedEarningsAccumulatedLosses 2025-06-30 SC745477 d:RetainedEarningsAccumulatedLosses 2024-06-30 SC745477 c:OrdinaryShareClass1 2024-07-01 2025-06-30 SC745477 c:OrdinaryShareClass1 2025-06-30 SC745477 c:OrdinaryShareClass1 2024-06-30 SC745477 c:FRS102 2024-07-01 2025-06-30 SC745477 c:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 SC745477 c:FullAccounts 2024-07-01 2025-06-30 SC745477 c:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 SC745477 e:PoundSterling 2024-07-01 2025-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: SC745477 HFD RENEWABLES EP LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 JUNE 2025
HFD RENEWABLES EP LIMITED REGISTERED NUMBER: SC745477 BALANCE SHEET AS AT 30 JUNE 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 4 | 901,127 |  | 100 |
Cash at bank and in hand | 5 | 4,064 |  | - |
|  | 905,191 |  | 100 |
Creditors: amounts falling due within one year | 6 | (789,821) |  | - |
Net current assets |  |  | 115,370 |  | 100
Net assets |  |  | 115,370 |  | 100
Capital and reserves |  |  |  |  |
Called up share capital | 7 |  | 100 |  | 100
Profit and loss account | 8 |  | 115,270 |  | -
|  |  | 115,370 |  | 100
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 5 form part of these financial statements. Page 1
HFD RENEWABLES EP LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
1. | General information
HFD Renewables EP Limited (Company number SC745477) 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 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
| 2.4 | Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Page 2
HFD RENEWABLES EP LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.5 | 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.
| 2.6 | 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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.7 | 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. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed by group undertakings | 90,757 | -
| Amounts owed by related parties | 10,073 | -
| Other debtors | 100 | 100
| Prepayments and accrued income | 800,197 | -
|  | 901,127 | 100
5. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 4,064 | -
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HFD RENEWABLES EP LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 3,654 | -
| Amounts owed to group undertakings | 44,588 | -
| Other taxation and social security | 589 | -
| Accruals and deferred income | 740,990 | -
|  | 789,821 | -
7. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary shares of £1.00 each | 100 | 100
8. | Reserves
Profit and loss account The profit and loss reserves represents cumulative profits and losses, less any dividends paid.
9. | Related party transactions
| During the year, the company entered into transactions with related parties in the normal course of business. These transactions included: Sales to related parties: £39,304 (2024: £Nil) Amounts receivable from related parties: £10,073 (2024: £Nil) All transactions were conducted on an arm’s length basis and on normal commercial terms. No guarantees were given or received in respect of related party balances, and no provisions have been made for doubtful debts in respect of amounts owed by related parties. The company has taken advantage of the exemption available in FRS 102 1A whereby it has not disclosed transactions with the immediate parent or any wholly owned subsidiary undertaking of the group.
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HFD RENEWABLES EP LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
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 EI 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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