IRIS Accounts Production v24.3.2.46 NI618927 Board of Directors Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhNI6189272023-06-30NI6189272024-06-30NI6189272023-07-012024-06-30NI6189272022-06-30NI6189272022-07-012023-06-30NI6189272023-06-30NI618927ns15:NorthernIreland2023-07-012024-06-30NI618927ns14:PoundSterling2023-07-012024-06-30NI618927ns10:Director12023-07-012024-06-30NI618927ns10:Director22023-07-012024-06-30NI618927ns10:PrivateLimitedCompanyLtd2023-07-012024-06-30NI618927ns10:SmallEntities2023-07-012024-06-30NI618927ns10:AuditExemptWithAccountantsReport2023-07-012024-06-30NI618927ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-30NI618927ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-30NI618927ns10:FullAccounts2023-07-012024-06-30NI618927ns10:CompanySecretary12023-07-012024-06-30NI618927ns10:RegisteredOffice2023-07-012024-06-30NI618927ns5:CurrentFinancialInstruments2024-06-30NI618927ns5:CurrentFinancialInstruments2023-06-30NI618927ns5:Non-currentFinancialInstruments2024-06-30NI618927ns5:Non-currentFinancialInstruments2023-06-30NI618927ns5:ShareCapital2024-06-30NI618927ns5:ShareCapital2023-06-30NI618927ns5:RetainedEarningsAccumulatedLosses2024-06-30NI618927ns5:RetainedEarningsAccumulatedLosses2023-06-30NI618927ns5:LongLeaseholdAssetsns5:LandBuildings2023-06-30NI618927ns5:PlantMachinery2023-06-30NI618927ns5:LongLeaseholdAssetsns5:LandBuildings2023-07-012024-06-30NI618927ns5:PlantMachinery2023-07-012024-06-30NI618927ns5:LongLeaseholdAssetsns5:LandBuildings2024-06-30NI618927ns5:PlantMachinery2024-06-30NI618927ns5:LongLeaseholdAssetsns5:LandBuildings2023-06-30NI618927ns5:PlantMachinery2023-06-30NI618927ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-30NI618927ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30
REGISTERED NUMBER: NI618927 (Northern Ireland)













CLADY HILL ENERGY LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






CLADY HILL ENERGY LIMITED (REGISTERED NUMBER: NI618927)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


CLADY HILL ENERGY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Larry Rogers
Isobel Rogers



SECRETARY: Larry Rogers



REGISTERED OFFICE: 16 Stone Road
Victoria Bridge
Strabane
Co. Tyrone
BT82 9JN



REGISTERED NUMBER: NI618927 (Northern Ireland)



ACCOUNTANTS: McAleer Jackson Ltd
Chartered Accountants & Chartered Tax Advisers
Church House
24 Dublin Road
OMAGH
Co. Tyrone
BT78 1HE



BANKERS: HSBC
52/56 Meadow Lane
Portadown
Craigavon
Co. Armagh
BT62 3NJ

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CLADY HILL ENERGY LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.


In accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.

This report is made to the company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company's Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's Board of Directors, as a body, for our work or for this report.

We have carried out this engagement in accordance with guidance issued by the Institute of Chartered Accountants in Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.

You have acknowledged on the Balance Sheet as at 30 June 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. 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 financial statements.






McAleer Jackson Ltd
Chartered Accountants & Chartered Tax Advisers
Church House
24 Dublin Road
OMAGH
Co. Tyrone
BT78 1HE


29 January 2025

CLADY HILL ENERGY LIMITED (REGISTERED NUMBER: NI618927)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 132,911 142,249

CURRENT ASSETS
Debtors 5 73,143 27,248
Cash at bank 90,546 73,806
163,689 101,054
CREDITORS
Amounts falling due within one year 6 42,824 20,939
NET CURRENT ASSETS 120,865 80,115
TOTAL ASSETS LESS CURRENT
LIABILITIES

253,776

222,364

CREDITORS
Amounts falling due after more than one
year

7

(44,640

)

(39,053

)

PROVISIONS FOR LIABILITIES (14,021 ) (16,496 )
NET ASSETS 195,115 166,815

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 195,113 166,813
SHAREHOLDERS' FUNDS 195,115 166,815

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 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.

CLADY HILL ENERGY LIMITED (REGISTERED NUMBER: NI618927)

BALANCE SHEET - continued
30 JUNE 2024


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 29 January 2025 and were signed on its behalf by:




Larry Rogers - Director



Isobel Rogers - Director


CLADY HILL ENERGY LIMITED (REGISTERED NUMBER: NI618927)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Clady Hill Energy Limited is a private company, limited by shares , registered in Northern Ireland. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Plant & machinery: 15% reducing balance

Taxation
Taxation for the year 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

CLADY HILL ENERGY LIMITED (REGISTERED NUMBER: NI618927)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Land & Plant &
buildings machinery Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 80,000 213,910 293,910
DEPRECIATION
At 1 July 2023 - 151,661 151,661
Charge for year - 9,338 9,338
At 30 June 2024 - 160,999 160,999
NET BOOK VALUE
At 30 June 2024 80,000 52,911 132,911
At 30 June 2023 80,000 62,249 142,249

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 49,143 27,095
Other debtors 24,000 153
73,143 27,248

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 6,010 11,841
Taxation and social security 36,814 9,098
42,824 20,939

CLADY HILL ENERGY LIMITED (REGISTERED NUMBER: NI618927)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Other creditors 44,640 39,053

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Directors loan 44,640 39,053

8. RELATED PARTY DISCLOSURES

At the year end the company had a loan amounting to £44,640 from members of key management personnel (£39,053 at 01.07.2023).

There is no repayment date for this loan and interest is not currently being charged.

The loan is presented within creditors: amounts falling after more than one year.

9. ULTIMATE CONTROLLING PARTY

The controlling party is Larry Rogers.