PTP Accounts Production v20.1.5.71 09902673 director 1.1.21 31.12.21 31.12.21 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure099026732020-12-31099026732021-12-31099026732021-01-012021-12-31099026732019-12-31099026732020-01-012020-12-31099026732020-12-3109902673ns16:EnglandWales2021-01-012021-12-3109902673ns15:PoundSterling2021-01-012021-12-3109902673ns11:Director12021-01-012021-12-3109902673ns11:PrivateLimitedCompanyLtd2021-01-012021-12-3109902673ns11:SmallEntities2021-01-012021-12-3109902673ns11:AuditExemptWithAccountantsReport2021-01-012021-12-3109902673ns11:SmallCompaniesRegimeForDirectorsReport2021-01-012021-12-3109902673ns11:SmallCompaniesRegimeForAccounts2021-01-012021-12-3109902673ns11:FullAccounts2021-01-012021-12-3109902673ns11:RegisteredOffice2021-01-012021-12-3109902673ns6:CurrentFinancialInstruments2021-12-3109902673ns6:CurrentFinancialInstruments2020-12-3109902673ns6:Non-currentFinancialInstruments2021-12-3109902673ns6:Non-currentFinancialInstruments2020-12-3109902673ns6:ShareCapital2021-12-3109902673ns6:ShareCapital2020-12-3109902673ns6:RetainedEarningsAccumulatedLosses2021-12-3109902673ns6:RetainedEarningsAccumulatedLosses2020-12-3109902673ns6:PlantMachinery2021-01-012021-12-3109902673ns6:FurnitureFittings2021-01-012021-12-3109902673ns6:MotorVehicles2021-01-012021-12-3109902673ns6:ComputerEquipment2021-01-012021-12-3109902673ns6:PlantMachinery2020-12-3109902673ns6:FurnitureFittings2020-12-3109902673ns6:MotorVehicles2020-12-3109902673ns6:ComputerEquipment2020-12-3109902673ns6:PlantMachinery2021-12-3109902673ns6:FurnitureFittings2021-12-3109902673ns6:MotorVehicles2021-12-3109902673ns6:ComputerEquipment2021-12-3109902673ns6:PlantMachinery2020-12-3109902673ns6:FurnitureFittings2020-12-3109902673ns6:MotorVehicles2020-12-3109902673ns6:ComputerEquipment2020-12-3109902673ns6:CurrentFinancialInstrumentsns6:WithinOneYear2021-12-3109902673ns6:CurrentFinancialInstrumentsns6:WithinOneYear2020-12-31
REGISTERED NUMBER: 09902673 (England and Wales)















Financial Statements for the Year Ended 31 December 2021

for

NWES Holding Company Ltd

NWES Holding Company Ltd (Registered number: 09902673)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


NWES Holding Company Ltd

Company Information
for the Year Ended 31 December 2021







DIRECTOR: Mrs A J Smith





REGISTERED OFFICE: Hillgate Place
77 Middle Hillgate
Stockport
Cheshire
SK1 3EH





REGISTERED NUMBER: 09902673 (England and Wales)





ACCOUNTANTS: HLP Ltd
Accounting and Tax Solutions
Hillgate Place
77 Middle Hillgate
Stockport
Cheshire
SK1 3EH

Accountants' Report to the Director
on the Unaudited Financial Statements of
NWES Holding Company Ltd

The following reproduces the text of the report prepared for the director in respect of the company's
annual unaudited financial statements. In accordance with the Companies Act 2006, the company is
only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain
other primary statements and the Report of the Director are not required to be filed with the Registrar
of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval
the financial statements of NWES Holding Company Ltd for the period ended 31 December 2021 which
comprises the Profit and Loss Account, the Balance Sheet and the related notes from the company's
accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of NWES Holding Company Ltd, as a body, in accordance
with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the
financial statements of NWES Holding Company Ltd and state those matters that we have agreed to state to
the Board of Directors of NWES Holding Company Ltd, as a body, and for no other purpose. To the fullest
extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the
Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that NWES Holding Company Ltd has kept adequate accounting records and to
prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position
of profit or loss of NWES Holding Company Ltd. You consider that NWES Holding Company Ltd is exempt
from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of NWES Holding
Company Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records
or information and explanations you have given us and we do not, therefore, express any opinion on the
statutory financial statements.






HLP Ltd
Accounting and Tax Solutions
Hillgate Place
77 Middle Hillgate
Stockport
Cheshire
SK1 3EH


22 August 2022

NWES Holding Company Ltd (Registered number: 09902673)

Balance Sheet
31 December 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 99,889 70,404

CURRENT ASSETS
Debtors 5 50 63
Cash at bank 85,411 78,650
85,461 78,713
CREDITORS
Amounts falling due within one year 6 138,542 114,977
NET CURRENT LIABILITIES (53,081 ) (36,264 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

46,808

34,140

CREDITORS
Amounts falling due after more than one
year

7

33,048

-
NET ASSETS 13,760 34,140

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 13,660 34,040
SHAREHOLDERS' FUNDS 13,760 34,140

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at
the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

NWES Holding Company Ltd (Registered number: 09902673)

Balance Sheet - continued
31 December 2021


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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 August 2022 and were
signed by:





Mrs A J Smith - Director


NWES Holding Company Ltd (Registered number: 09902673)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

NWES Holding Company Ltd is a private company, limited by shares , registered in England and
Wales. The company's registered number and registered office address can be found on the Company
Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily
apparent from other sources. The estimates and associated assumptions are based on historical
experience and other factors that are considered to be relevant. Actual results may differ from these
estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only
that period, or in the period of the revision and future periods where the revision affects both current
and future periods.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

NWES Holding Company Ltd (Registered number: 09902673)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and
Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the
company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements,
when there is a legally enforceable right to set off the recognised amounts and there is an intention to
settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include trade and other receivables and cash and bank balances, are
initially measured at transaction price including transaction costs and are subsequently carried at
amortised cost using the effective interest method unless arrangement constitutes a financing
transaction, where the transaction is measured at the present value of the future receipts discounted at
a market rate of interest.

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group
companies and preference shares that are classified as debt, are initially recognised at transaction
price unless the arrangement constitutes a financing transaction, where the debt instrument is
measured at the present value of the future receipts discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary
course of business from the suppliers. Accounts payable are classified as current liabilities if payment
is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are
recognised initially at transaction price and subsequently measured at amortised cost using the
effective interest method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss
Account and Retained Earnings, except to the extent that it relates to items recognised in other
comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that are
expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to profit or loss in the period to which they relate.

NWES Holding Company Ltd (Registered number: 09902673)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

2. ACCOUNTING POLICIES - continued

Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those
costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's
services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably
committed to terminate the employment of an employee or to provide termination benefits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2021 28,500 13,000 73,541 1,000 116,041
Additions 14,746 - 35,292 - 50,038
At 31 December 2021 43,246 13,000 108,833 1,000 166,079
DEPRECIATION
At 1 January 2021 10,707 5,096 29,241 593 45,637
Charge for year 5,128 1,581 13,708 136 20,553
At 31 December 2021 15,835 6,677 42,949 729 66,190
NET BOOK VALUE
At 31 December 2021 27,411 6,323 65,884 271 99,889
At 31 December 2020 17,793 7,904 44,300 407 70,404

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Other debtors 50 63

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 6,951 -
Trade creditors 1,107 357
Amounts owed to participating interests 113,175 63,920
Taxation and social security 10,831 30,844
Other creditors 6,478 19,856
138,542 114,977

NWES Holding Company Ltd (Registered number: 09902673)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2021 2020
£    £   
Bank loans 33,048 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 708 -