REGISTERED NUMBER: 11978664 (England and Wales)

Financial Statements

For The Year Ended 30 June 2026

for

Lowther Renewables Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A J I Lowther

Mrs A K M Lowther

A J Faulkner

REGISTERED OFFICE:

The Factory

Whitchurch

Ross-on-Wye

Herefordshire

HR9 6DF

REGISTERED NUMBER:

11978664 (England and Wales)

AUDITORS:

Kingscott Dix Limited

Chartered Accountants

and Statutory Auditor

Goodridge Court

Goodridge Avenue

Gloucester

Gloucestershire

GL2 5EN

FIXED ASSETS

Tangible assets

4

859,211

915,758

CURRENT ASSETS

Debtors

5

10,110

10,472

Cash at bank

26,770

29,933

36,880

40,405

CREDITORS

Amounts falling due within one year

6

498,507

607,806

NET CURRENT LIABILITIES

(461,627

)

(567,401

)

TOTAL ASSETS LESS CURRENT LIABILITIES

397,584

348,357

PROVISIONS FOR LIABILITIES

7

214,107

228,091

NET ASSETS

183,477

120,266

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

183,476

120,265

183,477

120,266

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 October 2026 and were signed on its behalf by:

A J Faulkner - Director

A J I Lowther - Director

1.	STATUTORY INFORMATION

Lowther Renewables Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents amounts received or receivable for the supply of electricity, net of value added tax and arises solely in the United Kingdom.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - Components of the solar farm are depreciated over the expected

useful life of between 10 and 25 years.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership to another entity.

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Basic financial liabilities

Basic financial liabilities, including trade and other creditors, bank and loans from related companies, 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.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year. If not, they are presented as creditors falling due after more than one year. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when, and only when, the company's obligations are discharged, cancelled, or they expire.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 July 2025

and 30 June 2026

1,113,674

DEPRECIATION

At 1 July 2025

197,916

Charge for year

56,547

At 30 June 2026

254,463

NET BOOK VALUE

At 30 June 2026

859,211

At 30 June 2025

915,758

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Trade debtors

471

472

Prepayments and accrued income

9,639

10,000

10,110

10,472

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Trade creditors

390

-

Amounts owed to group undertakings

451,024

564,294

Corporation tax

35,055

32,202

Social security and other taxes

9,038

8,960

Accruals and deferred income

3,000

2,350

498,507

607,806

7.	PROVISIONS FOR LIABILITIES

30.6.26

30.6.25

£

£

Deferred tax

214,107

228,091

Deferred

tax

£

Balance at 1 July 2025

228,091

Accelerated capital allowances

(13,984

)

Balance at 30 June 2026

214,107

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Emma Steward (Senior Statutory Auditor)

for and on behalf of Kingscott Dix Limited

9.	CONSOLIDATED GROUP ACCOUNTS

Lowther Holdings Limited is the parent company of Lowther Renewables Limited..

Information regarding the financial statements of Lowther Holdings Limited can be obtained from its registered office The Factory, Whitchurch, Ross-on-Wye, United Kingdom, HR9 6DF.

The ultimate parent company, Whitchurch Holdings Limited, prepare consolidated financial statements for the year ended 30 June 2026.

Information regarding the consolidated financial statements of Whitchurch Holdings Limited can be obtained from the registered office The Factory, Whitchurch, Ross-on-Wye, United Kingdom, HR9 6DF.

All companies are incorporated in England and Wales.