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Abridged Balance Sheet | 1—2 |
Notes to the Abridged Financial Statements | 3—5 |
2023 | 2022 | ||||
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Tangible Assets | 4 |
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CURRENT ASSETS | |||||
Debtors |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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PROVISIONS FOR LIABILITIES | |||||
Deferred Taxation | 5 |
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NET ASSETS |
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CAPITAL AND RESERVES | |||||
Called up share capital | 6 |
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Profit and Loss Account |
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SHAREHOLDERS' FUNDS | 687,796 | 688,807 | |||
Director
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Director
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Plant & Machinery |
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Fixtures & Fittings |
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Tools and moulds |
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2023 | 2022 | ||
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Office and administration |
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Total | |
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£ | |
Cost | |
As at
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As at
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Depreciation | |
As at
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Provided during the period |
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As at
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Net Book Value | |
As at
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As at
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2023 | 2022 | ||
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£ | £ | ||
Other timing differences | 28,392 | 24,939 | |
2023 | 2022 | ||
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£ | £ | ||
Allotted, Called up and fully paid |
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2023 | 2022 | ||
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£ | £ | ||
On equity shares: | |||
Interim dividend paid |
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- | 1,900,000 | ||
Northern Marine Power Limited
Fellow subsidiary
During the year, Northern Sea Power Limited made recharges to Northern Marine Power Limited of £55,494 (2022 £55,865) and received recharges of £44,946 (2022 £40,262). Sales were received, on behalf of Northern Marine Power Limited, of £113 (2022 £239). Monies of £nil (2022 £nil) were sent to Northern Marine Power Limited and £4,710 (2022 £500,000) was repaid to Northern Sea Power Limited. Monies were transferred from Delta Technology Group Limited amounting to £5,725 (2022 transferred to Delta Technology Group Limited £15,364) to repay the inter-company loans. The balance owed at the year end is £nil (2022 £nil).
Delta Technology Group Limited
Parent company
During the year, Northern Sea Power Limited paid dividends amounting to £nil (2022 £1,900,000) to its parent company. Northern Sea Power Limited received sales of £73,000 (2022 £73,000) for Delta Technology Group Limited. Delta Technology Group Limited repaid inter-company loans owed to the associates of Northern Sea Power Limited amounting to £5,725 (2022 £20,365). The balance owed to Delta Technology Group Limited at the year end was £7,941 (2022 owed by Delta Technology Group Limited £59,334).
Northern Aqua Power (Manchester) Limited
Fellow subsidiary
During the year Northern Aqua Power (Manchester) Limited transferred £nil (2022 £5,000) to Northern Sea Power Limited, which was subsequently repaid by Delta Technology Group Limited. The balance owing at the year end was £nil (2022 £nil).