Acorah Software Products - Accounts Production 16.0.110 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 01437965 Mr Edward Dyas Mrs Sarah Norton Mrs Ronelda Dyas Mr Charles Dyas iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01437965 2023-01-31 01437965 2024-01-31 01437965 2023-02-01 2024-01-31 01437965 frs-core:MotorVehicles 2023-02-01 2024-01-31 01437965 frs-core:ShareCapital 2024-01-31 01437965 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 01437965 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 01437965 frs-bus:AbridgedAccounts 2023-02-01 2024-01-31 01437965 frs-bus:SmallEntities 2023-02-01 2024-01-31 01437965 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 01437965 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 01437965 frs-bus:Director1 2023-02-01 2024-01-31 01437965 frs-bus:Director2 2023-02-01 2024-01-31 01437965 frs-bus:Director3 2023-02-01 2024-01-31 01437965 frs-bus:Director4 2023-02-01 2024-01-31 01437965 frs-countries:EnglandWales 2023-02-01 2024-01-31 01437965 2022-01-31 01437965 2023-01-31 01437965 2022-02-01 2023-01-31 01437965 frs-core:ShareCapital 2023-01-31 01437965 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 01437965
Northern Aqua Power (Manchester) Limited
ABRIDGED Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 01437965
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 - 10
- 10
CURRENT ASSETS
Debtors 237,033 242,438
Cash at bank and in hand 2,531 2,381
239,564 244,819
Creditors: Amounts Falling Due Within One Year (1,399 ) (2,950 )
NET CURRENT ASSETS (LIABILITIES) 238,165 241,869
TOTAL ASSETS LESS CURRENT LIABILITIES 238,165 241,879
NET ASSETS 238,165 241,879
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 238,065 241,779
SHAREHOLDERS' FUNDS 238,165 241,879
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For the year ending 31 January 2024 the company was entitled to exemption from audit 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 January 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mrs Ronelda Dyas
Director
Mr Charles Dyas
Director
23 October 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Northern Aqua Power (Manchester) Limited Registered number 01437965 is a limited by shares company incorporated in England & Wales. The Registered Office is Newby Road Industrial Estate, Hazel Grove, Stockport, Cheshire, SK7 5DR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% reducing balance
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 4 4
4 4
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4. Intangible Assets
Total
£
Cost
As at 1 February 2023 71,638
As at 31 January 2024 71,638
Amortisation
As at 1 February 2023 71,638
As at 31 January 2024 71,638
Net Book Value
As at 31 January 2024 -
As at 1 February 2023 -
5. Tangible Assets
Total
£
Cost
As at 1 February 2023 5,300
Disposals (5,300 )
As at 31 January 2024 -
Depreciation
As at 1 February 2023 5,290
Disposals (5,290 )
As at 31 January 2024 -
Net Book Value
As at 31 January 2024 -
As at 1 February 2023 10
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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7. Related Party Transactions
Delta Technology Group LimitedParent companyDuring the year, Delta Technology Group Limited repaid inter-company loans from associates of Northern Aqua Power (Manchester) Limited amounting to £4,605 (PY £4,058) and paid for expenses on behalf of Northern Aqua Power (Manchester) of £800 (PY £nil). The balance owing at the year end is £237,033 (PY £242,438).

Delta Technology Group Limited

Parent company

During the year, Delta Technology Group Limited repaid inter-company loans from associates of Northern Aqua Power (Manchester) Limited amounting to £4,605 (PY £4,058) and paid for expenses on behalf of Northern Aqua Power (Manchester) of £800 (PY £nil). The balance owing at the year end is £237,033 (PY £242,438).

Northern Marine Power LimitedFellow subsidiaryDuring the year, Northern Aqua Power (Manchester) Limited made recharges to Northern Marine Power Limited of £395 (PY £6,442) and Northern Marine Power Limited paid monies of £5,000 (PY £10,500) to Northern Aqua Power (Manchester) Limited. Monies were transferred from Delta Technology Group Limited of £4,605 (PY £4,058) to repay the inter-company loans. The balance owed at the year end is £nil (PY £nil).

Northern Marine Power Limited

Fellow subsidiary

During the year, Northern Aqua Power (Manchester) Limited made recharges to Northern Marine Power Limited of £395 (PY £6,442) and Northern Marine Power Limited paid monies of £5,000 (PY £10,500) to Northern Aqua Power (Manchester) Limited. Monies were transferred from Delta Technology Group Limited of £4,605 (PY £4,058) to repay the inter-company loans. The balance owed at the year end is £nil (PY £nil).

The loans are interest free with no fixed plans for repayment. 
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