DC21 Earth SPV Limited Company Accounts
DC21 Earth SPV Limited Company Accounts
COMPANY REGISTRATION NUMBER:
08504151
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FINANCIAL STATEMENTS |
YEAR ENDED 31 DECEMBER 2017
Contents |
Pages |
Balance sheet
1
Notes to the financial statements
2 to 4
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BALANCE SHEET |
2017 |
2016 |
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Note |
£ |
£ |
Fixed assets
Tangible assets |
4 |
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Current assets
Debtors |
5 |
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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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(
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Net current liabilities |
(
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(
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
7 |
(
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(
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Provisions |
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Net assets |
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Capital and reserves
Called up share capital |
9 |
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Share premium account |
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Profit and loss account |
(
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(
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Members funds |
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In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
25 May 2018
, and are signed on behalf of the board by:
Director
Director
Company registration number:
08504151
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NOTES TO THE FINANCIAL STATEMENTS |
YEAR ENDED 31 DECEMBER 2017
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Dene House, North Road, Kirkburton, Huddersfield, HD8 0RW.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Wind Turbines |
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Financial instruments
4.
Tangible assets
Wind Turbines |
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£ |
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Cost |
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At 1 January 2017 and 31 December 2017 |
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Depreciation |
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At 1 January 2017 |
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Charge for the year |
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At 31 December 2017 |
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Carrying amount |
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At 31 December 2017 |
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At 31 December 2016 |
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5.
Debtors
2017 |
2016 |
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£ |
£ |
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Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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6.
Creditors:
amounts falling due within one year
2017 |
2016 |
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£ |
£ |
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Bank loans and overdrafts |
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– |
Trade creditors |
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Amounts owed to group undertakings |
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Accruals and deferred income |
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Other creditors |
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7.
Creditors:
amounts falling due after more than one year
2017 |
2016 |
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£ |
£ |
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Other creditors |
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8.
Deferred tax
The deferred tax included in the balance sheet is as follows:
2017 |
2016 |
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£ |
£ |
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Included in provisions |
(
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(
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The deferred tax account consists of the tax effect of timing differences in respect of:
2017 |
2016 |
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£ |
£ |
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Accelerated capital allowances |
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Unused tax losses |
(
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(
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(47,000) |
(44,000) |
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9.
Called up share capital
Issued, called up and fully paid
2017 |
2016 |
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No. |
£ |
No. |
£ |
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600 |
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600 |
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400 |
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400 |
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The two classes of share rank pari passu in all material respects.
10.
Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
2017 |
2016 |
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£ |
£ |
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Later than 5 years |
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11.
Related party transactions
12.
Ultimate controlling party
The company is a subsidiary of DC21 Limited. There is no one controlling party of this company.