Company registration number: 12403283
Unaudited financial statements
for the year ended 31 December 2022
for
Winch IPP Holdings Limited
Pages for filing with the Registrar
Company registration number: 12403283
Winch IPP Holdings Limited
Balance sheet
as at 31 December 2022
2022 2021
Note £ £ £ £
Fixed assets
Investments 4 315,894 315,894
315,894 315,894
Current assets
Debtors - 4,087,960
Cash at bank and in hand 568,074 50,392
568,074 4,138,352
Creditors: amounts falling due within
one year
(125,938) (471,310)
Net current assets 442,136 3,667,042
Total assets less current liabilities 758,030 3,982,936
Creditors: Amounts falling due after
more than one year
(9,730,995) (5,853,347)
NET LIABILITIES (8,972,965) (1,870,411)
Capital and reserves
Called up share capital 366,780 366,780
Profit and loss account (9,339,745) (2,237,191)
TOTAL EQUITY (8,972,965) (1,870,411)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2022.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 12403283
Winch IPP Holdings Limited
Balance sheet - continued
as at 31 December 2022
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 has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 23 December 2023 and signed on its behalf by:
I Tayebi, Director
23 December 2023
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Winch IPP Holdings Limited
Notes to the financial statements
for the year ended 31 December 2022
1 Company information
The company is registered in England and Wales. Its registered number is 12403283. The company is limited by shares. Its registered office is Ecovis Wingrave Yeats, Waverley House, London, London, W1F 8GQ.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Investments in subsidiaries
Investments in subsidiaries are recognised at cost.
3 Average number of employees
During the year the average number of employees was Nil (2021 - Nil).
4 Fixed asset investments
Investments other than loans
Shares in
group
undertakings
and
participating
interests
£
Cost
At 1 January 2022 315,894
At 31 December 2022 315,894
3
Winch IPP Holdings Limited
Notes to the financial statements - continued
for the year ended 31 December 2022
4 Fixed asset investments - continued
Investments other than loans - continued
Net book value
At 31 December 2022 315,894
At 31 December 2021 315,894
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