Caseware UK (AP4) 2024.0.164 2024.0.164 2025-12-31 2025-12-31 2026-05-05 2026-05-05 false false true true 0 true Green Cat Hydrogen Developments Limited 2024-08-05 production of hydrogen gas 0 true SC818395 2024-08-04 SC818395 2024-08-05 2025-12-31 SC818395 2024-01-01 2024-08-04 SC818395 2025-12-31 SC818395 c:Director2 2024-08-05 2025-12-31 SC818395 d:CurrentFinancialInstruments 2025-12-31 SC818395 d:Non-currentFinancialInstruments 2025-12-31 SC818395 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 SC818395 d:Non-currentFinancialInstruments d:AfterOneYear 2025-12-31 SC818395 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-12-31 SC818395 d:ShareCapital 2025-12-31 SC818395 d:RetainedEarningsAccumulatedLosses 2025-12-31 SC818395 c:FRS102 2024-08-05 2025-12-31 SC818395 c:Audited 2024-08-05 2025-12-31 SC818395 c:FullAccounts 2024-08-05 2025-12-31 SC818395 c:PrivateLimitedCompanyLtd 2024-08-05 2025-12-31 SC818395 c:SmallCompaniesRegimeForAccounts 2024-08-05 2025-12-31 SC818395 e:PoundSterling 2024-08-05 2025-12-31 iso4217:GBP xbrli:pure

Registered number: SC818395 CRECA HYDROGEN LIMITED INFORMATION FOR FILING WITH THE REGISTRAR FOR THE PERIOD ENDED 31 DECEMBER 2025
CRECA HYDROGEN LIMITED REGISTERED NUMBER:SC818395
BALANCE SHEET AS AT 31 DECEMBER 2025
|  | 2025
Note |  | £
Current assets |  |  |
Debtors: amounts falling due within one year | 4 | 358,366 |
Cash at bank and in hand | 5 | 606,920 |
|  | 965,286 |
Creditors: amounts falling due within one year | 6 | (676,161) |
Net current assets |  |  | 289,125
Total assets less current liabilities |  |  | 289,125
Creditors: amounts falling due after more than one year | 7 |  | (1,798,718)
Net liabilities |  |  | (1,509,593)
Capital and reserves |  |  |
Called up share capital |  |  | 1
Profit and loss account |  |  | (1,509,594)
|  |  | (1,509,593)
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 comprehensive income 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 on 5 May 2026.
C MacLennan
Director
The notes on pages 2 to 4 form part of these financial statements. Page 1
CRECA HYDROGEN LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025
1. | General information
Creca Hydrogen Limited is a private company limited by shares and incorporated in Scotland. The registered office is Stobo House, Midlothian Innovation Centre, Roslin, Midlothian, Scotland, EH25 9RE. The principal activity of the company is the production of hydrogen gas. 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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and 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 following principal accounting policies have been applied:
| 2.2 | Going concern
The company has net liabilities of £1,509,593. The company is funded by a loan facility from its parent company as disclosed under note 8. Under the terms of this facility the parent company has committed to providing further funding to support the continued development of the Creca Hydrogen facility and to allow the company to meet its obligations as they fall due. As such, the directors are of the opinion that the Company has access to adequate financial resources to meet its liabilities as they fall due and to fund its operations for a period of at least 12 months from the date of approval of these financial statements. Having considered these factors, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors have adopted the going concern basis in preparing the financial statements.
| 2.3 | Government grants
Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income. Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure.
| 2.4 | Borrowing costs
All borrowing costs are recognised in profit or loss in the period in which they are incurred.
| 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. Page 2
CRECA HYDROGEN LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 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.
4. | Debtors
|  |  |  |  | 2025
|  |  |  |  | £
| Tax recoverable | 358,366
|  | 358,366
5. | Cash and cash equivalents
|  |  |  |  | 2025
|  |  |  |  | £
| Cash at bank and in hand | 606,920
|  | 606,920
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025
|  |  |  |  | £
| Amounts owed to group undertakings | 676,161
|  | 676,161
Page 3
CRECA HYDROGEN LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025
7. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025
|  |  |  |  | £
| Other loans | 1,798,718
|  | 1,798,718
8. | Loans
|  |  |  |  | 2025
|  |  |  |  | £
| Amounts falling due after more than 5 years |
| Other loans | 1,798,718
|  | 1,798,718
| Other loans represents a loan payable to the company's immediate parent. The loan is unsecured and no interest is payable. The loan is repayable in a single repayment in November 2034.
9. | Related party transactions
| The company has taken advantage of the available exemption from disclosure of related party transactions with wholly owned group entities.
10. | Controlling party
The immediate parent company is , a company incorporated in the United Kingdom. The immediate parent company is under joint control and as such there is no single ultimate controlling party.
11. | Auditors' information
The auditors' report on the financial statements for the period ended 31 December 2025 was unqualified. The audit report was signed on 5 May 2026 by Stuart Rose (Senior Statutory Auditor) on behalf of AAB Audit & Accountancy Limited.
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