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Registered number: |
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Balance Sheet | |||||||
as at |
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Notes | 2021 | 2020 | |||||
£ | £ | ||||||
Fixed assets | |||||||
Investments | 3 |
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Current assets | |||||||
Debtors | 4 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year | 6 | ( |
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Net current liabilities | ( |
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Net (liabilities)/assets | ( |
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Capital and reserves | |||||||
Called up share capital |
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Profit and loss account | ( |
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Shareholders' funds | ( |
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C A Ainsworth | |||||||
Director | |||||||
Approved by the board on |
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Notes to the Accounts | ||||||||
for the year ended |
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1 | Accounting policies | |||||||
Basis of preparation | ||||||||
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Investments | ||||||||
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Debtors | ||||||||
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Creditors | ||||||||
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Taxation | ||||||||
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Provisions | ||||||||
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Going concern | ||||||||
On the basis of their assessment of the Company’s financial position, the company’s Directors have a reasonable expectation that the Company will be able to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements. | ||||||||
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Employees | 2021 | 2020 | |||||
Number | Number | |||||||
Average number of persons employed by the company | - |
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3 | Investments | |||||||
Other | ||||||||
investments | ||||||||
£ | ||||||||
Cost | ||||||||
At 1 December 2020 |
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Disposals | ( |
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At 30 November 2021 |
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Other investments are shares in small unlisted companies. | ||||||||
The principal undertakings in which the company's interest at the year end is 20% or more are as follows: |
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Name | Country of incorporation or registration |
Proportion of voting rights and ordinary share capital held |
Nature of business | |||||
Digima Ltd | United Kingdom | 23.05% | Solar power | |||||
Green Highland Shenval Limited | United Kingdom | 49.75% | Hydro power | |||||
4 | Debtors | 2021 | 2020 | |||||
£ | £ | |||||||
Other debtors |
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5 | Investments held as current assets | 2021 | 2020 | |||||
£ | £ | |||||||
Fair value | ||||||||
Increase/(decrease) in fair value included in the profit and loss account for the financial year | ||||||||
Unlisted investments | (217,241) | - | ||||||
6 | Creditors: amounts falling due within one year | 2021 | 2020 | |||||
£ | £ | |||||||
Trade creditors |
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Taxation and social security costs |
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Other creditors |
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Included in other creditors is £1,219,841 of accrued redemption premium on the loans from Triple Point Income VCT plc and Triple Point VCT 2011 plc. A maximum redemption premium of up to 100% of the loan principal may become due. | ||||||||
7 | Loans | 2021 | 2020 | |||||
£ | £ | |||||||
Creditors include: | ||||||||
Secured loans | 3,015,000 | 3,015,000 | ||||||
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8 | Controlling party | |||||||
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9 | Other information | |||||||
Broadpoint 3 Limited is a private company limited by shares and incorporated in England. Its registered office is: 1 King William Street, London, EC4N 7AF | ||||||||
10 | Subsequent events | |||||||
On 23 March 2022 the company repaid its loans from Triple Point Income VCT Plc and Triple Point VCT 2011 plc. |