Acorah Software Products - Accounts Production 19.2.450 false true true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 13698085 Mr Owen Saward Mr James Spooner Mr Matti Manner Mr Peter Bolton Korkia Renewables OY true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13698085 2024-12-31 13698085 2025-12-31 13698085 2025-01-01 2025-12-31 13698085 frs-core:CurrentFinancialInstruments 2025-12-31 13698085 frs-core:Non-currentFinancialInstruments 2025-12-31 13698085 frs-core:ShareCapital 2025-12-31 13698085 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 13698085 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 13698085 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 13698085 frs-bus:SmallEntities 2025-01-01 2025-12-31 13698085 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 13698085 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 13698085 1 2025-01-01 2025-12-31 13698085 frs-core:UnlistedNon-exchangeTraded 2025-12-31 13698085 frs-core:UnlistedNon-exchangeTraded 2024-12-31 13698085 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 13698085 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 13698085 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-12-31 13698085 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 13698085 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 13698085 frs-bus:Director1 2025-01-01 2025-12-31 13698085 frs-bus:Director2 2025-01-01 2025-12-31 13698085 frs-bus:Director3 2025-01-01 2025-12-31 13698085 frs-bus:Director4 2025-01-01 2025-12-31 13698085 frs-countries:EnglandWales 2025-01-01 2025-12-31 13698085 2023-12-31 13698085 2024-12-31 13698085 2024-01-01 2024-12-31 13698085 frs-core:CurrentFinancialInstruments 2024-12-31 13698085 frs-core:Non-currentFinancialInstruments 2024-12-31 13698085 frs-core:ShareCapital 2024-12-31 13698085 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 13698085
Climate Er Helio Ltd
Financial Statements
For The Year Ended 31 December 2025
Climate Er Helio Ltd
Contents
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Climate Er Helio Ltd
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 13698085
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investments 4 9 70,188
9 70,188
CURRENT ASSETS
Debtors 5 2,574,846 2,586,585
Cash at bank and in hand 98,351 79,637
2,673,197 2,666,222
Creditors: Amounts Falling Due Within One Year 6 (4,980 ) (421,102 )
NET CURRENT ASSETS (LIABILITIES) 2,668,217 2,245,120
TOTAL ASSETS LESS CURRENT LIABILITIES 2,668,226 2,315,308
Creditors: Amounts Falling Due After More Than One Year 7 (4,151,871 ) (6,691,083 )
NET LIABILITIES (1,483,645 ) (4,375,775 )
CAPITAL AND RESERVES
Called up share capital 8 255 255
Profit and Loss Account (1,483,900 ) (4,376,030 )
SHAREHOLDERS' FUNDS (1,483,645) (4,375,775)
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Climate Er Helio Ltd
Balance Sheet (continued)
As At 31 December 2025
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Peter Bolton
Director
28/05/2026
The notes on pages 3 to 6 form part of these financial statements.
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Climate Er Helio Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Climate Er Helio Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13698085 . The registered office is Upper Borough Walls Upper Borough Walls, Northgate House, 2nd Floor, Bath, BA1 1RG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The financial statements have been prepared on a going concern basis on the understanding that the non-current liabilities owed by the company will not be recalled at the detriment of the company. The balance sheet shows net liabilities of £1,483,645 on 31 December 2025 (2024: net liabilities of £4,375,776) and the directors are confident that with the ongoing support of the creditors, the company will have sufficient funds to continue to trade for the foreseeable future.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
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Climate Er Helio Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
4. Investments
Unlisted
£
Cost or Valuation
As at 1 January 2025 70,188
Disposals (70,179 )
As at 31 December 2025 9
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 9
As at 1 January 2025 70,188
Investments in equity shares in subsidiaries are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
5. Debtors
2025 2024
£ £
Due within one year
Amounts owed by group undertakings 2,574,846 2,586,585
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 778 20,307
Other creditors 1,502 326,224
Taxation and social security 2,700 74,571
4,980 421,102
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 4,151,871 6,691,083
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 255 255
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Climate Er Helio Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
9. Related Party Transactions
Derwent Solar 2 Limited (Company number: 13119321)
As at 31 December 2025, Climate ER Helio Ltd was the ultimate controlling party of Derwent Solar 2 Limited by virtue of its ownership of 100% of the issued share capital in the company.
During the year, Derwent Solar 2 Limited was charged £19,256 under the Developer Service agreement, other costs were recharged of £2,400 by Climate ER Helio Ltd and net payments were made by Climate ER Helio Ltd to Derwent Solar 2 Limited of £69,000.
The amount due to Climate ER Helio Ltd at the year-end was £272,312 (2024: £181,655) which is repayable on demand and interest-free.
Eastbridge House Solar Ltd (Company number: 14772687)
As at 31 December 2025, Climate ER Helio Ltd was the ultimate controlling party of Eastbridge House Solar Ltd by virtue of its ownership of 100% of the issued share capital in the company.
During the year, Eastbridge House Solar Ltd was charged £19,256 under the Developer Service agreement, other costs were recharged of £2,400 by Climate ER Helio Ltd and net payments were made by Climate ER Helio Ltd to Eastbridge House Solar Ltd of £76,000.
The amount due to Climate ER Helio Ltd at the year-end was £306,182 (2024: £208,526) which is repayable on demand and interest-free.
Echoing Hills Solar Ltd (Company number: 14720572)
As at 31 December 2025, Climate ER Helio Ltd was the ultimate controlling party of Echoing Hills Solar Ltd by virtue of its ownership of 100% of the issued share capital in the company.
During the year, Echoing Hills Solar Ltd was charged £19,256 under the Developer Service agreement, other costs were recharged of £2,400 by Climate ER Helio Ltd and net payments were made by Echoing Hills Solar Ltd to Climate ER Helio Ltd of £70,000.
The amount due to Climate ER Helio Ltd at the year-end was £274,850 (2024: £183,194) which is repayable on demand and interest-free.
Greenwell Solar Ltd (Company number: 14720796)
As at 31 December 2025, Climate ER Helio Ltd was the ultimate controlling party of Greenwell Solar Ltd by virtue of its ownership of 100% of the issued share capital in the company.
During the year, Greenwell Solar Ltd was charged £19,256 under the Developer Service agreement, other costs were recharged of £2,400 by Climate ER Helio Ltd and net payments were made by Greenwell Solar Ltd to Climate ER Helio Ltd of £75,000.
The amount due to Climate ER Helio Ltd at the year-end was £334,543 (2024: £237,887) which is repayable on demand and interest-free.
Hazel Solar Ltd (Company number: 14518591)
As at 31 December 2025, Climate ER Helio Ltd was the ultimate controlling party of Hazel Solar Ltd by virtue of its ownership of 100% of the issued share capital in the company.
During the year, Hazel Solar Ltd was charged £19,256 under the Developer Service agreement, other costs were recharged of £2,760 by Climate ER Helio Ltd and net payments were made by Climate ER Helio Ltd to Hazel Solar Ltd of £272,000.
The amount due to Climate ER Helio Ltd at the year-end was £630,354 (2024: £336,338) which is repayable on demand and interest-free.
Kimblesworth Solar Ltd (Company number: 13790980)
As at 31 December 2025, Climate ER Helio Ltd was the ultimate controlling party of Kimblesworth Solar Ltd by virtue of its ownership of 100% of the issued share capital in the company.
During the year, Kimblesworth Solar Ltd was charged £19,256 under the Developer Service agreement, other costs were recharged of £2,400 and net payments were made by Climate ER Helio Ltd to Kimblesworth Solar Ltd of £10,000.
The amount due to Climate ER Helio Ltd at the year-end was £156,367 (2024: £124,710) which is repayable on demand and interest-free.
Rotherham Solar 1 Ltd (Company number: 13254676)
As at the start of the period, Climate ER Helio Ltd was the ultimate controlling party of Rotherham Solar 1 Ltd by virtue of its ownership of 100% of the issued share capital in the company.
During the year, Rotherham Solar 1 Ltd was disposed of and the prior year loan amount of £969,846 was repaid in full.
The amount due to Climate ER Helio Ltd at the year-end was nil (2024: £969,846).
...CONTINUED
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Climate Er Helio Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
9. Related Party Transactions - continued
Shrewsbury Energy Ltd (Company number: 14326611)
As at 31 December 2025, Climate ER Helio Ltd was the ultimate controlling party of Shrewsbury Energy Ltd by virtue of its ownership of 100% of the issued share capital in the company.
During the year, Shrewsbury Energy Ltd was charged £19,256 under the Developer Service agreement, other costs were recharged of £2,400 by Climate ER Helio Ltd and net payments were made by Climate ER Helio Ltd to Shrewsbury Energy Ltd of £160,500.
The amount due to Climate ER Helio Ltd at the year-end was £323,262 (2024: £141,106) which is repayable on demand and interest-free.
Stepping Stones Solar Ltd (Company number: 14819384)
As at 31 December 2025, Climate ER Helio Ltd was the ultimate controlling party of Stepping Stones Solar Ltd by virtue of its ownership of 100% of the issued share capital in the company.
During the year, Stepping Stones Solar Ltd was charged £19,256 under the Developer Service agreement, other costs were recharged of £2,400 by Climate ER Helio Ltd and net payments were made by Climate ER Helio Ltd to Stepping Stones Solar Ltd of £52,000
The amount due to Climate ER Helio Ltd at the year-end was £276,975 (2024: £203,319) which is repayable on demand and interest-free.
10. Ultimate Controlling Party
The company's ultimate controlling party is Korkia Renewables OY by virtue of their ownership of 49% of the issued ordinary share capital in the company.
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