|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 31 JANUARY 2018 |
|
FOR |
|
CARDINGHILL RENEWABLES LIMITED |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
UNAUDITED FINANCIAL STATEMENTS |
|
FOR THE YEAR ENDED 31 JANUARY 2018 |
|
FOR |
|
CARDINGHILL RENEWABLES LIMITED |
CARDINGHILL RENEWABLES LIMITED (REGISTERED NUMBER: SC405702) |
|
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JANUARY 2018 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 3 | to | 4 |
|
CARDINGHILL RENEWABLES LIMITED |
|
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 JANUARY 2018 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
51-53 High Street |
Turriff |
AB53 4EJ |
CARDINGHILL RENEWABLES LIMITED (REGISTERED NUMBER: SC405702) |
|
BALANCE SHEET |
31 JANUARY 2018 |
|
2018 | 2017 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 3 |
|
|
Cash in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 4 | ( |
) | ( |
) |
NET CURRENT ASSETS/(LIABILITIES) |
|
( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
( |
) |
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
Retained earnings |
|
( |
) |
|
( |
) |
|
|
|
|
|
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) |
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
|
|
|
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 on
|
|
|
|
|
|
|
|
CARDINGHILL RENEWABLES LIMITED (REGISTERED NUMBER: SC405702) |
|
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JANUARY 2018 |
|
|
1. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Turnover |
Turnover represents the company's share of profits from Formartine Renewable Energy LLP. |
|
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. |
|
2. | FIXED ASSET INVESTMENTS |
Share of |
Limited |
Liability |
Partnership |
£ |
COST |
Share of profit/(loss) | 114,515 |
Reclassification/transfer | (114,515 | ) |
At 31 January 2018 | - |
NET BOOK VALUE |
At 31 January 2018 | - |
|
The figures represent the results of Fortmartine Renewable Energy LLP for the year ended 31st January 2018. Cardinghill |
Renewables Limited receives a share of the profit or loss from the limited liability partnership that will vary from year to |
year. |
|
3. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Other debtors |
|
|
|
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Other creditors |
|
|
CARDINGHILL RENEWABLES LIMITED (REGISTERED NUMBER: SC405702) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 JANUARY 2018 |
|
|
5. | DIRECTORS' LOANS |
|
The following advances and credits to a director subsisted during the years ended 31 January 2018 and 31 January 2017: |
|
2018 | 2017 |
£ | £ |
|
Balance outstanding at start of year |
|
|
Amounts advanced |
|
|
Amounts repaid |
|
|
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
|
|
|
The loan is interest free and there are no fixed terms of repayment. |
|
6. | RELATED PARTY DISCLOSURES |
|
Turnover of £113,795 (2017: £19,912) relates to the share of profits in the company's 80% interest in
|
Other debtors include £103,954 (2017: £10,561 creditor) re Formartine Renewable Energy LLP. |