Caseware UK (AP4) 2025.0.111 2025.0.111 2025-12-312025-12-31The 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3). These financial statements are presented in sterling, which is the functional currency of the Company and rounded to the nearest £. The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument. Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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. Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.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 the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss. Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate. If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.truetrue02025-01-010truefalse 15666226 2025-01-01 2025-12-31 15666226 2024-04-22 2024-12-31 15666226 2025-12-31 15666226 2024-12-31 15666226 c:Director1 2025-01-01 2025-12-31 15666226 c:Director2 2025-01-01 2025-12-31 15666226 c:Director2 2025-12-31 15666226 c:Director3 2025-01-01 2025-12-31 15666226 c:Director3 2025-12-31 15666226 c:Director4 2025-01-01 2025-12-31 15666226 c:Director4 2025-12-31 15666226 c:Director5 2025-01-01 2025-12-31 15666226 c:Director5 2025-12-31 15666226 c:Director6 2025-01-01 2025-12-31 15666226 c:Director6 2025-12-31 15666226 c:RegisteredOffice 2025-01-01 2025-12-31 15666226 d:CurrentFinancialInstruments 2025-12-31 15666226 d:CurrentFinancialInstruments 2024-12-31 15666226 d:ShareCapital 2025-12-31 15666226 d:ShareCapital 2024-12-31 15666226 d:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 15666226 c:OrdinaryShareClass1 2025-01-01 2025-12-31 15666226 c:OrdinaryShareClass1 2025-12-31 15666226 c:OrdinaryShareClass1 2024-12-31 15666226 c:EntityHasNeverTraded 2025-01-01 2025-12-31 15666226 c:FRS102 2025-01-01 2025-12-31 15666226 c:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 15666226 c:FullAccounts 2025-01-01 2025-12-31 15666226 c:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 15666226 e:PoundSterling 2025-01-01 2025-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 15666226



 






SOWERBY NORTH SOLAR LIMITED

UNAUDITED
FINANCIAL STATEMENTS

FOR THE YEAR ENDED
31 DECEMBER 2025
 






 



 





 
SOWERBY NORTH SOLAR LIMITED
 

COMPANY INFORMATION


Directors
Mr A G Middleton 
Mr O Oberlander (resigned 10 August 2026)
Mr N Y Fisher (resigned 25 March 2025)
Mr N Tenne (appointed 24 March 2025, resigned 12 August 2025)
Mr E Michaeli (appointed 12 August 2025)
Mr F Stelian (appointed 7 August 2026)




Registered number
15666226



Registered office
6th Floor
2 London Wall Place

London

United Kingdom

EC2Y 5AU




Accountants
Wellden Turnbull Limited
Chartered Accountants

Albany House

Claremont Lane

Esher

Surrey

KT10 9FQ




 
SOWERBY NORTH SOLAR LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
 
1
Notes to the Financial Statements
 
 
2 - 5

 
SOWERBY NORTH SOLAR LIMITED
REGISTERED NUMBER: 15666226

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2025

2025
2024
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
100
100

Net current assets
  
 
 
100
 
 
100

  

Net assets
  
100
100


Capital and reserves
  

Called up share capital 
 6 
100
100

Shareholders' funds
  
100
100


For the year ended 31 December 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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 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 by: 




Mr A G Middleton
Director

Date: 14 October 2026

The notes on pages 2 to 5 form part of these financial statements.

Page 1
 
SOWERBY NORTH SOLAR LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025

1.


General information

Sowerby North Solar Limited is a private company, limited by shares and incorporated in England and Wales, registration number 15666226. The registered office address is 6th Floor, 2 London Wall Place, London, United Kingdom, EC2Y 5AU. 

The Company was incorporated on 22 April 2024. The prior period financial statements cover the period of account from 22 April 2024 to 31 December 2024. The current year financial statements cover the period from 1 January 2025 to 31 December 2025.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).

These financial statements are presented in sterling, which is the functional currency of the Company and rounded to the nearest £.

  
2.2

Compliance with accounting standards

The financial statements have been prepared using FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland. There were no material departures from that standard.

 
2.3

Going concern

The financial statements have been prepared on a going concern basis which means that the Company can be expected to meet its liabilities as they fall due for a period of 12 months from the date of signing these financial statements. In assessing the appropriateness of the going concern basis of preparation the Directors have taken into account the key risks of the business as well as the Company’s business model, budgets and forecasts prepared. The Directors are satisfied that the Company is able to meet its liabilities as they fall due.

The ultimate parent company has provided a letter of support confirming its intention to provide financial support to the Company to enable it to meet its liabilities as they fall due for at least 12 months from the date of signing the financial statements.

On this basis the Directors consider it is appropriate to prepare the financial statements on a going concern basis.

 
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
 
SOWERBY NORTH SOLAR LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

 
2.5

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Impairment of financial assets

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 the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Page 3
 
SOWERBY NORTH SOLAR LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025

3.


Judgements in applying accounting policies and key sources of estimation uncertainty

In preparing the financial statements, management is required to make judgements, estimates and assumptions which affect reported income, expenses, assets, liabilities and disclosure of contingent assets and liabilities. Use of available information and application of judgement are inherent in the formation of estimates, together with past experience and expectations of future events that are believed to be reasonable under the circumstances. Actual results in the future could differ from such estimates.

Management do not consider the Company to have any key sources of estimation uncertainty nor any significant judgements or assumptions in preparing these financial statements.


4.


Employees

The Company has no employees other than the Directors, who did not receive any remuneration (2024 - £NIL).


5.


Debtors

2025
2024
£
£


Amounts owed by group undertakings
100
100


Amounts owed by group undertakings are interest free and repayable on demand.


6.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



100 (2024 - 100) Ordinary shares of £1.00 each
100
100



7.


Reserves

Profit and loss account

The profit and loss account represents cumulative profits and losses net of all adjustments.


8.


Related party transactions

The Company is exempt under the terms of Financial Reporting Standard 102 (FRS102) Section 33 paragraph 1A, from disclosing related party transactions with other group companies, on the grounds that the Company is wholly owned within the Group.

Page 4
 
SOWERBY NORTH SOLAR LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025

9.


Controlling party

The Company's immediate parent company is Noventum Power Limited, a company incorporated in England and Wales.

The ultimate parent and controlling party is O.Y. Nofar Energy Limited, a company incorporated in Israel, registered office address1 Hatachana Street, Manivim Building, 11th Floor, Kfar Saba, Israel .

The smallest and largest group of undertakings into which the results of the company are consolidated is headed by O.Y Nofar Energy Limited and can be obtained from its registered office address.


Page 5