ACCOUNTS - Final Accounts preparation

Creditors: amounts falling due within one year

SAMBAR POWER LIMITED - Company Information

Caseware UK (AP4) 2022.0.179 2022.0.179 truesupport service activities.002021-10-01falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC380227 2021-10-01 2022-12-31 SC380227 2022-12-31 SC380227 2020-04-01 2021-09-30 SC380227 2021-09-30 SC380227 c:Director3 2021-10-01 2022-12-31 SC380227 d:OtherPropertyPlantEquipment 2021-10-01 2022-12-31 SC380227 d:OtherPropertyPlantEquipment 2022-12-31 SC380227 d:OtherPropertyPlantEquipment 2021-09-30 SC380227 d:CurrentFinancialInstruments 2022-12-31 SC380227 d:CurrentFinancialInstruments 2021-09-30 SC380227 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 SC380227 d:CurrentFinancialInstruments d:WithinOneYear 2021-09-30 SC380227 d:ShareCapital 2022-12-31 SC380227 d:ShareCapital 2021-09-30 SC380227 d:RetainedEarningsAccumulatedLosses 2022-12-31 SC380227 d:RetainedEarningsAccumulatedLosses 2021-09-30 SC380227 c:FRS102 2021-10-01 2022-12-31 SC380227 c:AuditExempt-NoAccountantsReport 2021-10-01 2022-12-31 SC380227 c:FullAccounts 2021-10-01 2022-12-31 SC380227 c:PrivateLimitedCompanyLtd 2021-10-01 2022-12-31 SC380227 6 2021-10-01 2022-12-31 iso4217:GBP xbrli:pure

Registered number: SC380227

Sambar Power Limited

Financial statements

Information for filing with the registrar

31 December 2022


Sambar Power Limited

Balance sheet

At 31 December 2022

	31 December	30 September
	2022	2021
Note	£	£

Fixed assets
Tangible assets	4		99,100		-
Investments	5		472,000		8,000
			571,100		8,000
Current assets
Debtors: amounts falling due within one year	6	173,202		-
Cash at bank and in hand		45,992		-
		219,194		-
Creditors: amounts falling due within one year	7	(774,342)		(13,362)
Net current liabilities			(555,148)		(13,362)
Total assets less current liabilities			15,952		(5,362)

Net assets/(liabilities)			15,952		(5,362)

Capital and reserves
Called up share capital	1	1
Profit and loss account	15,951	(5,363)
Shareholders' funds	15,952	(5,362)


Sambar Power Limited

Balance sheet (continued)

At 31 December 2022

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period 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 statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 16 June 2023.

S J Pickup

Director

Company registered number: SC380227
The notes on pages 3 to 5 form part of these financial statements.


Sambar Power Limited

Notes to the financial statements

Period ended 31 December 2022

1.	General information

Sambar Power Limited is a private company limited by shares incorporated in Scotland. The registered office is Second Floor, 112 George Street, Edinburgh, Scotland, EH2 4LH.

2.Accounting policies

2.1

Basis of preparation of financial statements

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.

2.2

Going concern

The company has the continuing support of its fellow group and related companies. On this basis the directors feel it appropriate to prepare the accounts on the going concern basis.

2.3

Tangible fixed assets

Assets under construction will be depreciated when brought into use. The assets under construction are currently not in use at the balance sheet date.

2.4

Valuation of investments

Investments in grid connection and land option are included at costs less accumulated impairment.

2.5

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Employees

The company has no employees other than the directors, who did not receive any remuneration.


Sambar Power Limited

Notes to the financial statements

Period ended 31 December 2022

4.	Tangible fixed assets

		Assets under construction
		£
	Cost or valuation
	Additions	99,100
	At 31 December 2022	99,100

	Net book value
	At 31 December 2022	99,100
	At 30 September 2021	-

5.	Investments

		Grid connection
		£
	Cost or valuation
	At 1 October 2021	8,000
	Additions	464,000
	At 31 December 2022	472,000

Debtors

					31 December	30 September
					2022	2021
					£	£


Other debtors	173,202	-
	173,202	-


Sambar Power Limited

Notes to the financial statements

Period ended 31 December 2022

Amounts owed to group undertakings	774,342	11,442
Accruals and deferred income	-	1,920
	774,342	13,362

8.	Controlling party

This company is a subsidiary of Carlton Power Limited by virtue of it holding all share capital.
The ultimate controlling entity is Carlton Energy Limited.
The registered office of Carlton Energy Limited is 26 Ellerbeck Court, Stokesley, Middlesbrough, England, TS9 5PT.