IRIS Accounts Production v24.3.0.553 14673673 Board of Directors 18.2.23 28.2.24 28.2.24 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh146736732023-02-17146736732024-02-28146736732023-02-182024-02-28146736732023-02-1714673673ns15:EnglandWales2023-02-182024-02-2814673673ns14:PoundSterling2023-02-182024-02-2814673673ns10:Director12023-02-182024-02-2814673673ns10:PrivateLimitedCompanyLtd2023-02-182024-02-2814673673ns10:SmallEntities2023-02-182024-02-2814673673ns10:AuditExempt-NoAccountantsReport2023-02-182024-02-2814673673ns10:SmallCompaniesRegimeForDirectorsReport2023-02-182024-02-2814673673ns10:SmallCompaniesRegimeForAccounts2023-02-182024-02-2814673673ns10:FullAccounts2023-02-182024-02-2814673673ns10:Director22023-02-182024-02-2814673673ns10:Director32023-02-182024-02-2814673673ns10:Director42023-02-182024-02-2814673673ns10:Director52023-02-182024-02-2814673673ns10:Director62023-02-182024-02-2814673673ns10:RegisteredOffice2023-02-182024-02-2814673673ns5:CurrentFinancialInstruments2024-02-2814673673ns5:ShareCapital2024-02-2814673673ns5:RetainedEarningsAccumulatedLosses2024-02-2814673673ns5:PlantMachinery2023-02-182024-02-2814673673ns5:PlantMachinery2024-02-2814673673ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-28
REGISTERED NUMBER: 14673673 (England and Wales)










ENWP Ltd

Unaudited Financial Statements

for the period

18 February 2023 to 28 February 2024






ENWP Ltd (Registered number: 14673673)






Contents of the Financial Statements
for the period 18 February 2023 to 28 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ENWP Ltd

Company Information
for the period 18 February 2023 to 28 February 2024







DIRECTORS: Mrs E K Tudor
Mr C P Doran
Mr D N England
Mr N M England
Mr R Kelsey
Mr M Tudor





REGISTERED OFFICE: 26 Green Meadow Rise
Penymynydd
Chester
CH4 0GL





REGISTERED NUMBER: 14673673 (England and Wales)





ACCOUNTANTS: Salisbury & Company
Chartered Accountants
Irish Square
Upper Denbigh Road
St Asaph
Denbighshire
LL17 0RN

ENWP Ltd (Registered number: 14673673)

Balance Sheet
28 February 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 796,249

CURRENT ASSETS
Debtors 5 313,705
Cash at bank 134
313,839
CREDITORS
Amounts falling due within one year 6 815,348
NET CURRENT LIABILITIES (501,509 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

294,740

CAPITAL AND RESERVES
Called up share capital 300,000
Retained earnings (5,260 )
294,740

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 November 2024 and were signed on its behalf by:





Mr M Tudor - Director


ENWP Ltd (Registered number: 14673673)

Notes to the Financial Statements
for the period 18 February 2023 to 28 February 2024

1. STATUTORY INFORMATION

ENWP Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant and machinery - 10% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 860,810
At 28 February 2024 860,810
DEPRECIATION
Charge for period 64,561
At 28 February 2024 64,561
NET BOOK VALUE
At 28 February 2024 796,249

ENWP Ltd (Registered number: 14673673)

Notes to the Financial Statements - continued
for the period 18 February 2023 to 28 February 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 13,705
Other debtors 300,000
313,705

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Hire purchase contracts 801,932
Taxation and social security 13,416
815,348

7. RELATED PARTY DISCLOSURES

During the year, there were management & admin recharges totalling £150,500 raised to Verso Holdings Ltd, a company that is controlled by the directors of ENWP Ltd.

As at 28th February 2024, an amount of £13,705 was due from Verso Holdings Ltd.