4 27 March 2026 false false false false false false false false false false true false false false false false false No description of principal activity 2024-05-01 Sage Accounts Production Advanced 2024 - FRS102_2024 313,529 313,529 313,529 1,229,144 1,229,144 1,229,144 xbrli:pure xbrli:shares iso4217:GBP 12326987 2024-05-01 2025-04-30 12326987 2025-04-30 12326987 2024-04-30 12326987 2023-05-01 2024-04-30 12326987 2024-04-30 12326987 2023-04-30 12326987 bus:OrdinaryShareClass1 2024-05-01 2025-04-30 12326987 bus:Director1 2024-05-01 2025-04-30 12326987 core:WithinOneYear 2025-04-30 12326987 core:WithinOneYear 2024-04-30 12326987 core:AfterOneYear 2025-04-30 12326987 core:ShareCapital 2025-04-30 12326987 core:ShareCapital 2024-04-30 12326987 core:RetainedEarningsAccumulatedLosses 2025-04-30 12326987 core:RetainedEarningsAccumulatedLosses 2024-04-30 12326987 bus:SmallEntities 2024-05-01 2025-04-30 12326987 bus:Audited 2024-05-01 2025-04-30 12326987 bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 12326987 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 12326987 bus:FullAccounts 2024-05-01 2025-04-30 12326987 bus:OrdinaryShareClass1 2025-04-30 12326987 bus:OrdinaryShareClass1 2024-04-30 12326987 core:IntangibleAssetsOtherThanGoodwill 2024-05-01 2025-04-30 12326987 core:IntangibleAssetsOtherThanGoodwill 2025-04-30 12326987 core:ConstructionInProgressAssetsUnderConstruction 2024-05-01 2025-04-30 12326987 core:ConstructionInProgressAssetsUnderConstruction 2025-04-30
COMPANY REGISTRATION NUMBER: 12326987

BLUE PLANET SOLAR LIMITED

FILLETED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 April 2025

BLUE PLANET SOLAR LIMITED

BALANCE SHEET

30 April 2025

| 2025 | 2024
Note | £ | £ | £ | £

Fixed assets

Intangible assets | 5 |  | 313,529 |  | –
Tangible assets | 6 |  | 1,229,144 |  | –
|  | ----------- |  | ----
|  | 1,542,673 |  | –

Current assets

Stocks | – |  | 194,621 |
Debtors | 7 | 106,178 |  | 79,164 |
Cash at bank and in hand | 13,989 |  | 4,454 |
| -------- |  | -------- |
| 120,167 |  | 278,239 |

Creditors: amounts falling due within one year | 8 | ( 230,947) |  | ( 287,048) |
| -------- |  | -------- |
Net current liabilities |  | ( 110,780) |  | ( 8,809)
|  | ----------- |  | ------
Total assets less current liabilities |  | 1,431,893 |  | ( 8,809)

Creditors: amounts falling due after more than one year | 9 |  | ( 1,475,361) |  | –
|  | ----------- |  | ------
Net liabilities |  | ( 43,468) |  | ( 8,809)
|  | ----------- |  | ------

Capital and reserves

Called up share capital | 10 |  | 1 |  | 1
Profit and loss account |  | ( 43,469) |  | ( 8,810)
|  | ------- |  | ------
Shareholders deficit |  | ( 43,468) |  | ( 8,809)
|  | ------- |  | ------

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 profit and loss account has not been delivered.
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.
These financial statements were approved by the board of directors and authorised for issue on 27 March 2026 , and are signed on behalf of the board by:

M J Hazell
Director

Company registration number: 12326987

BLUE PLANET SOLAR LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 APRIL 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Alexander House, 1 Mandarin Road, Rainton Bridge Business Park, Houghton Le Spring, Sunderland, DH4 5RA.
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. The financial statements are prepared in sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest pound. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years unless otherwise stated.
Going concern
The directors are required to prepare financial statements on the going concern basis, unless it is inappropriate to presume that the company will continue in business. The directors believe that the adoption of the going concern basis in the preparation of the financial statements is appropriate due to the continuing support from the companies within the group.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Options for lease of land are not amortised until the option agreement has been signed. They are amortised over the period of the option agreement.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Assets under construction are accounted for at cost. They are not depreciated until the accounting period in which they are brought into use.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
Basic financial assets, which include other receivables, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method. At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss. Basic financial liabilities, which include trade and other payables and loans from fellow group undertakings, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2024: 4 ).
5. Intangible assets

| Options for lease of land
| £
Cost |
Additions | 313,529
| --------
At 30 April 2025 | 313,529
| --------
Amortisation |
At 1 May 2024 and 30 April 2025 | –
| --------
Carrying amount |
At 30 April 2025 | 313,529
| --------
At 30 April 2024 | –
| --------

6. Tangible assets

| Assets under construction | Total
| £ | £
Cost |  |
At 1 May 2024 | – | –
Additions | 1,229,144 | 1,229,144
| ----------- | -----------
At 30 April 2025 | 1,229,144 | 1,229,144
| ----------- | -----------
Depreciation |  |
At 1 May 2024 and 30 April 2025 | – | –
| ----------- | -----------
Carrying amount |  |
At 30 April 2025 | 1,229,144 | 1,229,144
| ----------- | -----------
At 30 April 2024 | – | –
| ----------- | -----------

7. Debtors

| 2025 | 2024
| £ | £
Other debtors | 106,178 | 79,164
| -------- | -------

8. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 50,798 | 96,285
Amounts owed to group undertakings | – | 184,763
Other creditors | 180,149 | 6,000
| -------- | --------
| 230,947 | 287,048
| -------- | --------

9. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Other creditors | 1,475,361 | –
| ----------- | ----

10. Called up share capital
Issued, called up and fully paid

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £ 1 each | 1 | 1 | 1 | 1
| ---- | ---- | ---- | ----

11. Events after the end of the reporting period
On 1 July 2025, 54% of the issued share capital of the company was sold to EDF Energy Renewables Limited.
12. Summary audit opinion
The auditor's report dated 27 March 2026 was unqualified .
The senior statutory auditor was William Kerr , for and on behalf of Xeinadin Audit Limited .
13. Controlling party
As at 30 April 2025, the immediate parent company is Padero Solaer Ltd, a company incorporated in England and Wales. As at 30 April 2025, the ultimate parent company was Sumando Acciones SL, a company incorporated in Spain. The smallest and largest group to prepare consolidated financial statements which include Blue Planet Solar Ltd is Sumando Ltd. The address of the registered office for Sumando Ltd is 2 Crossways Business Centre, Bicester Road, Kingswood, Aylesbury, Bucks HP18 0RA. The consolidated financial statements for Sumando Ltd can be obtained from Companies House, Crown Way, Cardiff CF14 3UZ. As at 30 April 2025, the ultimate controlling parties are Cecu Solar SL and Los Leandros Solares SL, both companies are incorporated in Spain and have equal control.