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REGISTERED NUMBER: 07640635 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Year Ended 30 June 2024

for

JP Wind Limited

JP Wind Limited (Registered number: 07640635)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Report of the Director 2

Chartered Accountants' Report 3

Income Statement 4

Other Comprehensive Income 5

Balance Sheet 6

Statement of Changes in Equity 7

Notes to the Financial Statements 8


JP Wind Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: J Falk





REGISTERED OFFICE: 823 Salisbury House
29 Finsbury Circus
London





REGISTERED NUMBER: 07640635 (England and Wales)





ACCOUNTANTS: Krogh & Partners Limited
823 Salisbury House
29 Finsbury Circus
London
EC2M 5QQ

JP Wind Limited (Registered number: 07640635)

Report of the Director
for the Year Ended 30 June 2024

The director presents his report with the financial statements of the company for the year ended 30 June 2024.

PRINCIPAL ACTIVITY
The principal activity of the Company has been that of operation of wind turbines.

DIRECTORS
J Falk has held office during the whole of the period from 1 July 2023 to the date of this report.

Other changes in directors holding office are as follows:

J F Greth - resigned 24 June 2024

RESULT AND DIVIDENDS
The Company's profit for the period amounted to GBP 397,842.

POST BALANCE SHEET EVENTS
No post balance sheet events have occurred since 30 June 2024 which require reporting or disclosing in the accounts.

AUDITORS
The directors have with reference to the exemptions in the Companies Act elected not to appoint auditors.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES
The director is responsible for preparing the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





J Falk - Director


2 December 2024

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
JP Wind Limited (Registered number: 07640635)


In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JP Wind Limited for the year ended 30 June 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of JP Wind Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of JP Wind Limited and state those matters that we have agreed to state to the director of JP Wind Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JP Wind Limited and its director for our work or for this report.

It is your duty to ensure that JP Wind Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of JP Wind Limited. You consider that JP Wind Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of JP Wind Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Krogh & Partners Limited
823 Salisbury House
29 Finsbury Circus
London
EC2M 5QQ


2 December 2024

JP Wind Limited (Registered number: 07640635)

Income Statement
for the Year Ended 30 June 2024

2024 2023
Notes £    £   

TURNOVER 2 895,780 1,408,564

Cost of sales 96,432 238,178
GROSS PROFIT 799,348 1,170,386

Administrative expenses 273,492 206,056
OPERATING PROFIT 525,856 964,330

Interest receivable and similar income 4,176 5,130
PROFIT BEFORE TAXATION 530,032 969,460

Tax on profit 4 132,190 183,478
PROFIT FOR THE FINANCIAL YEAR 397,842 785,982

JP Wind Limited (Registered number: 07640635)

Other Comprehensive Income
for the Year Ended 30 June 2024

2024 2023
Notes £    £   

PROFIT FOR THE YEAR 397,842 785,982


OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

397,842

785,982

JP Wind Limited (Registered number: 07640635)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 6 353,683 475,134

CURRENT ASSETS
Debtors 7 289,506 220,724
Cash at bank 480,384 51,546
769,890 272,270
CREDITORS
Amounts falling due within one year 8 245,355 267,028
NET CURRENT ASSETS 524,535 5,242
TOTAL ASSETS LESS CURRENT
LIABILITIES

878,218

480,376

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 878,216 480,374
SHAREHOLDERS' FUNDS 878,218 480,376

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 2 December 2024 and were signed by:





J Falk - Director


JP Wind Limited (Registered number: 07640635)

Statement of Changes in Equity
for the Year Ended 30 June 2024

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 July 2022 2 934,392 934,394

Changes in equity
Dividends - (1,240,000 ) (1,240,000 )
Total comprehensive income - 785,982 785,982
Balance at 30 June 2023 2 480,374 480,376

Changes in equity
Total comprehensive income - 397,842 397,842
Balance at 30 June 2024 2 878,216 878,218

JP Wind Limited (Registered number: 07640635)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. 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.

The accounting policies of the Company conform to generally accepted practice in the U.K. A summary of the more important accounting policies which have been applied consistently, is set out below.

Turnover
Turnover derives from the principal activity of the Company and is represented by invoiced sales excluding Value Added Tax.

Interest and similar income and charges
Interest and similar income and charges are recognised in the profit and loss account over the term of such instruments at a constant rate on the carrying amount.

Foreign currencies
Transactions in foreign currencies are recorded using a fixed rate of exchange. Monetary assets and liabilities denominated in foreign currencies are translated using the rate of exchange ruling at the balance sheet date. Gains or losses on translation are included in the profit and loss account.

Tangible fixed assets
Tangible fixed assets are stated at cost.

Depreciation on fixed assets is provided at rates estimated to write off the cost amounts, less estimated residual value, of each asset over its expected useful life as follows:

Fixtures & fittings 15 Years

Debtors
Debtors are valued individually and there are made provision according to this valuation.

Creditors
Creditors are carried at payment or settlement amounts. Where the time value of money is material, creditors are carried at amortized cost.

Taxation
Current tax and deferred taxation, including UK corporation tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred taxation is provided in full on an undiscounted basis, on all timing differences which result in an obligation at the balance sheet date to pay more tax, or a right to pay less tax, at a future date, at rates expected to crystallise based on current tax rates and law. Timing differences arise from the inclusion of items of income and expenditure in tax computations in periods different from those in which they are included in the financial statements.

Deferred tax assets are recognised where it is considered more likely than not that future profits will be available for offset.

2. TURNOVER

Turnover is attributable to the one principal activity of the company which arose wholly in the United Kingdom.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

JP Wind Limited (Registered number: 07640635)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
2024 2023
£    £   
Current tax:
UK corporation tax 152,190 213,478

Deferred tax (20,000 ) (30,000 )
Tax on profit 132,190 183,478

5. DIVIDENDS
2024 2023
£    £   
Ordinary shares shares of 1 each
Final - 1,240,000

Dividend of GBP 0.00 (2022/23: GBP 1,240,000) was paid before the date of approval of the accounts.

6. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 July 2023 1,856,201
Additions 2,461
At 30 June 2024 1,858,662
DEPRECIATION
At 1 July 2023 1,381,067
Charge for year 123,912
At 30 June 2024 1,504,979
NET BOOK VALUE
At 30 June 2024 353,683
At 30 June 2023 475,134

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 14,089 -
Deferred tax asset 89,000 69,000
Prepayments and accrued income 186,417 151,724
289,506 220,724

JP Wind Limited (Registered number: 07640635)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 30,805 6,039
Tax 152,190 213,478
VAT 15,936 28,086
Amount owed to parent
companies 17,133 -
Accruals and deferred income 29,291 19,425
245,355 267,028

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary shares 1 2 2

10. ULTIMATE CONTROLLING PARTY

The controlling party is J Falk.

The ultimate controlling party is J Falk.