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Abridged Balance Sheet | 1—2 |
Notes to the Abridged Financial Statements | 3—5 |
2024 | 2023 | ||||
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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 | 679,617 | 687,796 | |||
Director
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Director
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Plant & Machinery |
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Fixtures & Fittings |
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Computer Equipment |
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2024 | 2023 | ||
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Office and administration |
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Total | |
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£ | |
Cost | |
As at 1 February 2023 |
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Additions |
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As at 31 January 2024 |
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Depreciation | |
As at 1 February 2023 |
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Provided during the period |
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As at 31 January 2024 |
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Net Book Value | |
As at 31 January 2024 |
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As at 1 February 2023 |
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2024 | 2023 | ||
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£ | £ | ||
Other timing differences | 25,778 | 28,392 | |
Delta Technology Group Limited
Parent company
During the year, Northern Sea Power Limited received sales of £36,500 (PY £73,000) for Delta Technology Group Limited and transferred costs of £40,750 (PY £nil) to Delta Technology Group Limited. Delta Technology Group Limited repaid inter-company loans owed to the associates of Northern Sea Power Limited amounting to £132,493 (2023 £5,725). The balance owed by Delta Technology Group Limited at the year end was £128,802 (PY owed to Delta Technology Group Limited £7,941).
Northern Marine Power Limited
Fellow subsidiary
During the year, Northern Sea Power Limited made recharges to Northern Marine Power Limited of £161,684 (PY £55,494) and received recharges of £28,922 (PY £44,946). Sales were received, on behalf of Northern Marine Power Limited, of £268 (PY £113). Monies of £nil (PY £nil) were sent to Northern Marine Power Limited and £nil (PY £4,710) was repaid to Northern Sea Power Limited. Monies were transferred from Delta Technology Group Limited amounting to £132,493 (PY £5,725) to repay the inter-company loans. The balance owed at the year end is £nil (PY £nil).