Company Registration No. 11359913 (England and Wales)
EEMS WIND LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
PAGES FOR FILING WITH REGISTRAR
EEMS WIND LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
EEMS WIND LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2023
31 December 2023
- 1 -
2023
2022
Notes
Current assets
Debtors
3
2,284
863
Cash at bank and in hand
1
1
2,285
864
Creditors: amounts falling due within one year
4
(611,943)
(585,401)
Net current liabilities
(609,658)
(584,537)
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
(609,659)
(584,538)
Total equity
(609,658)
(584,537)

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 16 August 2024 and are signed on its behalf by:
Mr A J Rozema
Director
Company Registration No. 11359913
EEMS WIND LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
- 2 -
1
Accounting policies
Company information

Eems Wind Limited is a private company limited by shares incorporated in England and Wales. The registered office is Wessex House, Teign Road, Newton Abbot, Devon, TQ12 4AA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in euros, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest €1.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Basic financial assets

Basic financial assets, which include debtors 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 the 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. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

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 company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, 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 payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.4
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

EEMS WIND LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
2
2
3
Debtors
2023
2022
Amounts falling due within one year:
Other debtors
2,284
863
4
Creditors: amounts falling due within one year
2023
2022
Trade creditors
28,420
20,321
Other creditors
583,523
565,080
611,943
585,401
5
Related party transactions

At 31 December 2023, the company owed €582,736 (2022: owed €547,012) to Amasus Fleet BV, a company incorporated in the Netherlands in which both Mr A J Rozema and Mr H Slort have an interest.

 

2023-12-312023-01-01false16 August 2024CCH SoftwareCCH Accounts Production 2024.200No description of principal activityMr S J Lyon-SmithMr A J Rozemafalsefalse113599132023-01-012023-12-31113599132023-12-31113599132022-12-3111359913core:CurrentFinancialInstrumentscore:WithinOneYear2023-12-3111359913core:CurrentFinancialInstrumentscore:WithinOneYear2022-12-3111359913core:CurrentFinancialInstruments2023-12-3111359913core:CurrentFinancialInstruments2022-12-3111359913core:ShareCapital2023-12-3111359913core:ShareCapital2022-12-3111359913core:RetainedEarningsAccumulatedLosses2023-12-3111359913core:RetainedEarningsAccumulatedLosses2022-12-3111359913bus:Director22023-01-012023-12-31113599132022-01-012022-12-3111359913core:WithinOneYear2023-12-3111359913core:WithinOneYear2022-12-3111359913bus:PrivateLimitedCompanyLtd2023-01-012023-12-3111359913bus:SmallCompaniesRegimeForAccounts2023-01-012023-12-3111359913bus:FRS1022023-01-012023-12-3111359913bus:AuditExemptWithAccountantsReport2023-01-012023-12-3111359913bus:Director12023-01-012023-12-3111359913bus:FullAccounts2023-01-012023-12-31xbrli:purexbrli:sharesiso4217:EUR