SECOND GENERATION PORTFOLIO 1 LIMITED

Accounting basis

FRS 102 §1A

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Accounting standards require the directors to consider the appropriateness of the going concern basis when preparing the financial statements. The directors reviewed the short and long term impact on cashflows and considered that the banking covenants are to be met for the foreseeable future. The directors considered that the group has adequate financing in place to continue in operational existence for the foreseeable future. On this basis they consider the going concern basis to be appropriate.”

Group structure

1. SECOND GENERATION PORTFOLIO 1 LIMITED · parent
   1. Second Generation Coombeshead Limited 100% · UK · Electricity generation
   2. Second Generation Park Farm Limited 100% · UK · Electricity generation
   3. Second Generation Sawmills Limited 100% · UK · Electricity generation
   4. Second Generation Verwood Limited 100% · UK · Electricity generation
   5. Second Generation Yardwall Limited 100% · UK · Electricity generation
   6. Tengore Solar Limited 100% · UK · Electricity generation

Significant events

• “The 31 December 2023 comparative figures have been restated. This is due to a reallocation of costs out of administrative expenses to cost of sales and interest payable. This reallocation has been performed to provide the users of the accounts a true and fair view of the entity. The reallocation has had no impact on profit in 2023.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.