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ANGEL SOLAR LIMITED
REGISTERED NUMBER: 07073572
BALANCE SHEET
AS AT 31 MARCH 2022
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Debtors: amounts falling due within one year
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Total assets less current liabilities
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For the year ended 31 March 2022 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 profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.
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ANGEL SOLAR LIMITED
REGISTERED NUMBER: 07073572
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2022
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 November 2022.
The notes on pages 3 to 4 form part of these financial statements.
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ANGEL SOLAR LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Angel Solar Limited is a private company limited by share capital, incorporated in England and Wales, registration number 07073572. The address of the registered office is C/O Freetricity, 1 Filament Walk, Suite 203, Wandsworth, London, SW18 4GQ.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
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.
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Cash and cash equivalents
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Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
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The Company has no employees other than the directors, who did not receive any remuneration (2021: £Nil).
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Amounts owed by group undertakings
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ANGEL SOLAR LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
The company's parent company is JLEAG Solar 1 Limited owning 100% of the issued share capital.
The company's ultimate controlling party is John Laing Environmental Assets Group Limited, a limited corporate entity incorporated in Guernsey, Channel Islands.
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