EEB47_LIMITED - Accounts

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

EEB47 Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Old Rectory, Church Street, Weybridge, Surrey, KT13 8DE.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The principal accounting policies adopted are set out below.

At the balance sheet date ttruehe company has made a loss of £40,512 and has net liabilities of £236,810 Included in creditors are amounts due to the parent company, Dunmore Solar Developments Limited, of £464,523. The parent company has confirmed that they will continue to support the company for the foreseeable future and is confident about the company's ability to trade a going concern and meet its financial obligations. Therefore the accounts have been prepared on the going concern basis.

A fellow subsidiary company, is managing live projects and associated costs for EEB47 Limited. Development services are charged to EEB47 Limited from the fellow subsidiary once predetermined stages are met. The company is therefore considered to be preparing to trade.

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs.

Short term creditors are measured at the transaction price.

The company has 0 (2022 - 0) employees other than the directors, who did not receive any remuneration.

The non convertible loan notes in the parent company are secured by a fixed and floating charge over all the assets across the group and company.

The ultimate parent undertaking is Foresight UK Solar Development Holdco Limited, there is no sole controlling party.