Company registration number:
NI626359
Nutherm Renewables Ltd
Unaudited filleted financial statements
31 December 2023
Nutherm Renewables Ltd
Contents
Statement of financial position and notes to the financial statements
Nutherm Renewables Ltd
Statement of financial position
31 December 2023
|
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2023 |
|
2022 |
|
|
|
|
|
£ |
|
£ |
|
|
|
|
|
|
|
|
|
|
Fixed assets |
|
|
58,566 |
|
15,637 |
|
|
|
|
|
_______ |
|
_______ |
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|
|
|
|
|
|
|
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Current assets |
|
|
90,178 |
|
97,150 |
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due within one year |
|
|
(
101,187) |
|
(
74,970) |
|
|
|
|
|
_______ |
|
_______ |
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|
|
|
|
|
|
|
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|
Net current (liabilities)/assets |
|
|
(
11,009) |
|
22,180 |
|
|
|
|
|
_______ |
|
_______ |
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|
|
|
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Total assets less current liabilities |
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47,557 |
|
37,817 |
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|
|
|
|
|
|
|
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Creditors: amounts falling due after more than one year |
|
|
(
59,718) |
|
(
30,121) |
|
|
|
|
|
|
|
|
|
|
Accruals and deferred income |
|
|
(
3,332) |
|
(
4,332) |
|
|
|
|
|
|
|
|
|
|
|
|
|
_______ |
|
_______ |
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|
Net (liabilities)/assets |
|
|
(
15,493) |
|
3,364 |
|
|
|
|
|
_______ |
|
_______ |
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|
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Capital and reserves |
|
|
(
15,493) |
|
3,364 |
|
|
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_______ |
|
_______ |
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Notes to the financial statements
Nutherm Renewables Ltd
Year ended 31 December 2023
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2022:
1
).
2.
Directors advances, credits and guarantees
|
During the year the directors advanced the following to the company: |
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2023 |
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|
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Balance brought forward |
Repayments to the directors |
Amounts advanced to the company |
Balance o/standing |
|
|
|
|
£ |
£ |
£ |
£ |
|
|
|
Gavin McConnell |
(
6,200) |
- |
- |
(
6,200) |
|
|
|
Seamus Moley |
(
8,700) |
60,000 |
(
71,081) |
(
19,781) |
|
|
|
|
_______ |
_______ |
_______ |
_______ |
|
|
|
|
(
14,900) |
60,000 |
(
71,081) |
(
25,981) |
|
|
|
|
_______ |
_______ |
_______ |
_______ |
|
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2022 |
|
|
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|
|
|
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|
Balance brought forward |
Repayments to the directors |
Amounts advanced to the company |
Balance o/standing |
|
|
|
|
£ |
£ |
£ |
£ |
|
|
|
Gavin McConnell |
(
6,200) |
- |
- |
(
6,200) |
|
|
|
Seamus Moley |
(
6,200) |
- |
(
2,500) |
(
8,700) |
|
|
|
|
_______ |
_______ |
_______ |
_______ |
|
|
|
|
(
12,400) |
- |
(
2,500) |
(
14,900) |
|
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|
|
_______ |
_______ |
_______ |
_______ |
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3.
Related party transactions
During the year the company entered into the following transactions with related parties:
|
|
Transaction value |
|
Balance owed by/(owed to) |
|
|
|
2023 |
2022 |
2023 |
2022 |
|
|
£ |
£ |
£ |
£ |
|
Nutherm Renewables (Ireland) Ltd Sales |
79,494 |
19,956 |
27,311 |
41,347 |
|
|
_______ |
_______ |
_______ |
_______ |
|
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|
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|
Nutherm Renewables (Ireland) Ltd Purchases
|
(
36,648) |
(
3,911) |
(
911) |
(
911) |
|
|
_______ |
_______ |
_______ |
_______ |
|
|
|
|
|
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|
WSR Energy Solutions Ltd Purchases |
(
64,024) |
(
30,422) |
(
14,335) |
(
40,878) |
|
|
_______ |
_______ |
_______ |
_______ |
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Seamus Moley
and Gavin McConnell
are directors and shareholders of Nutherm Renewables Ltd. Nutherm Renewables (Ireland) Ltd is a company, registered in the Republic of Ireland, which is owned and controlled by Seamus Moley and Gavin McConnell
. WSR Energy Solutions Ltd is a company registered in the Republic of Ireland which is owned and controlled by Gavin McConnell
.
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
29 March 2024
, and are signed on behalf of the board by:
Gavin McConnell
Seamus Moley
Director
Director
Company registration number:
NI626359
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 41 Drumalt Road, Cullyhanna, Newry, Co Down, BT35 0QB.