ENERCON WINDFARM SERVICE NI LIMITED

Company Registration Number:
NI659888 (Northern Ireland)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

ENERCON WINDFARM SERVICE NI LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

ENERCON WINDFARM SERVICE NI LIMITED

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 1,848,209 1,328,950
Cost of sales: ( 1,284,792 ) ( 838,335 )
Gross profit(or loss): 563,417 490,615
Administrative expenses: ( 512,864 ) ( 474,000 )
Other operating income: 5,271
Operating profit(or loss): 55,824 16,615
Interest receivable and similar income: 1,271 2,587
Interest payable and similar charges: ( 40,825 ) ( 18,720 )
Profit(or loss) before tax: 16,270 482
Tax: ( 4,141 ) 109
Profit(or loss) for the financial year: 12,129 591

ENERCON WINDFARM SERVICE NI LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 50,828 67,819
Total fixed assets: 50,828 67,819
Current assets
Debtors: 4 1,414,616 848,016
Cash at bank and in hand: 29,878 60,410
Total current assets: 1,444,494 908,426
Creditors: amounts falling due within one year: 5 ( 1,306,774 ) ( 784,401 )
Net current assets (liabilities): 137,720 124,025
Total assets less current liabilities: 188,548 191,844
Creditors: amounts falling due after more than one year: 6 ( 23,356 ) ( 38,781 )
Total net assets (liabilities): 165,192 153,063
Capital and reserves
Called up share capital: 135,000 135,000
Profit and loss account: 30,192 18,063
Total Shareholders' funds: 165,192 153,063

The notes form part of these financial statements

ENERCON WINDFARM SERVICE NI LIMITED

Balance sheet statements

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

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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

This report was approved by the board of directors on 30 September 2024
and signed on behalf of the board by:

Name: Noranne Stack
Status: Director

The notes form part of these financial statements

ENERCON WINDFARM SERVICE NI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Tangible fixed assets depreciation policy

    Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management

    Other accounting policies

    1. Basis of preparation of financial statements 2. Financial Reporting Standard 101 3. Foreign Currency Translation 4. Revenue 5. Leases 6. Interest Income 7. Finance Costs 8. Borrowing Costs 9. Pensions 10. Current and deferred taxation 11. Tangible Fixed Assets 12. Debtors 13. Cash and cash equivalents 14. Creditors 15. Holiday Pay Accrual 16. Provisions for Liabilities 17. Financial Instruments

ENERCON WINDFARM SERVICE NI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 17 13

ENERCON WINDFARM SERVICE NI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 62,846 37,633 7,354 107,833
Additions 1,146 1,146
Disposals ( 2 ) ( 2 )
Revaluations
Transfers
At 31 December 2023 62,846 38,779 7,352 108,977
Depreciation
At 1 January 2023 9,619 23,041 7,354 40,014
Charge for year 15,292 2,845 18,137
On disposals ( 2 ) ( 2 )
Other adjustments
At 31 December 2023 24,911 25,886 7,352 58,149
Net book value
At 31 December 2023 37,935 12,893 0 50,828
At 31 December 2022 53,227 14,592 0 67,819

ENERCON WINDFARM SERVICE NI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
£ £
Trade debtors 589,573 187,472
Prepayments and accrued income 769 2,404
Other debtors 824,274 658,140
Total 1,414,616 848,016

ENERCON WINDFARM SERVICE NI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 930
Trade creditors 28,299 13,907
Taxation and social security 1,881 16,307
Accruals and deferred income 41,081 38,954
Other creditors 1,235,513 714,303
Total 1,306,774 784,401

ENERCON WINDFARM SERVICE NI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Amounts due under finance leases and hire purchase contracts 23,356 38,781
Total 23,356 38,781