Registered number |
Company Information |
Directors |
Accountants |
Tyrone Accountancy Services |
8-10 Church Street |
Omagh |
Co. Tyrone |
BT78 1DG |
Registered office |
C/O MKB, 14-18 Great Victoria Street |
Belfast |
Co. Antrim |
BT2 7BA |
Registered number |
Registered number: | |||||||
Balance Sheet | |||||||
as at |
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Notes | 2023 | ||||||
£ | |||||||
Fixed assets | |||||||
Investments | 3 | ||||||
Current assets | |||||||
Debtors | 4 | ||||||
Creditors: amounts falling due within one year | 5 | ( |
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Net current liabilities | ( |
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Net liabilities | ( |
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Capital and reserves | |||||||
Share capital | 9 | ||||||
Profit and loss account | ( |
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Shareholders' funds | 10 | ( |
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The profit and loss account has not been delivered to the Registrar of Companies under section 444 of the Companies Act 2006. | |||||||
The notes on pages 6 to 8 form an integral part of the accounts. | |||||||
Ian Greer | |||||||
Director | |||||||
Approved by the board on |
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Notes to the Accounts | ||||||||
for the period from 5 September 2022 to |
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1 | Accounting policies | |||||||
Basis of preparation | ||||||||
The financial statements are presented in UK Sterling pounds (£) | ||||||||
Debtors | ||||||||
Creditors | ||||||||
Taxation | ||||||||
Financial instruments | ||||||||
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classes as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity. | ||||||||
Provisions | ||||||||
2 | Employees | 2023 | ||||||
Number | ||||||||
Average number of persons employed by the company | ||||||||
3 | Investments | |||||||
Investments in | ||||||||
subsidiary | ||||||||
undertakings | ||||||||
£ | ||||||||
Cost | ||||||||
Additions | 665,417 | |||||||
At 31 March 2023 | 665,417 | |||||||
EA Wind Ltd own 50% of the share capital in Reenpro Ltd, a company registered in Northern Ireland. | ||||||||
4 | Debtors | 2023 | ||||||
£ | ||||||||
Deferred tax asset | ||||||||
Other debtors | ||||||||
5 | Creditors: amounts falling due within one year | 2023 | ||||||
£ | ||||||||
Other creditors | ||||||||
6 | Provision for liabilities | |||||||
Deferred Taxation | ||||||||
£ | ||||||||
At 5 September 2022 | - | |||||||
Charged to the profit and loss | (114) | |||||||
At 31 March 2023 | (114) | |||||||
The provision for deferred taxation is made up as follows: | ||||||||
2023 | ||||||||
£ | ||||||||
Corporation tax losses | 114 | |||||||
114 | ||||||||
7 | Related party transactions | |||||||
At the balance sheet date the company had the following balances with members of its group: Due from Reenpro Ltd - £1,099,000 Due to Arena Energy Holdings Ltd - £1,764,417 These balances are reflected in debtors and creditors on the balance sheet. The balances are interest free and repayable on demand. EA Wind Ltd is a parent undertaking, owning 50% of the share capital of Reenpro Ltd. Arena Energy Holdings Ltd is the ultimate parent undertaking of EA Wind Ltd. |
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8 | Directors' advances, credits and guarantees | |||||||
During the period there were no transactions with the directors. | ||||||||
9 | Share capital | |||||||
The share capital consists of 100 ordinary shares of £1.00 each. This balance remains unpaid and is reflected in debtors. | ||||||||
10 | Statement of changes in equity | |||||||
The shareholders funds represents cumulative profits or losses, net of dividends paid, deferred tax adjustments and other adjustments. | ||||||||
11 | Other information | |||||||
EA Wind Ltd is a private company limited by shares and incorporated in Northern Ireland. Its registered office is: | ||||||||
C/O MKB, 14-18 Great Victoria Street | ||||||||
Belfast | ||||||||
Co. Antrim | ||||||||
BT2 7BA |