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REGISTERED NUMBER: 01408881 (England and Wales)














Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Electro Wind Limited

Electro Wind Limited (Registered number: 01408881)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Balance Sheet 1

Notes to the Financial Statements 2


Electro Wind Limited (Registered number: 01408881)

Balance Sheet
28 February 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 696,398 577,715

CURRENT ASSETS
Stocks 772,033 638,768
Debtors 5 731,159 674,076
Cash at bank and in hand 723,243 659,276
2,226,435 1,972,120
CREDITORS
Amounts falling due within one year 6 1,570,950 1,225,851
NET CURRENT ASSETS 655,485 746,269
TOTAL ASSETS LESS CURRENT LIABILITIES 1,351,883 1,323,984

PROVISIONS FOR LIABILITIES 62,534 60,155
NET ASSETS 1,289,349 1,263,829

CAPITAL AND RESERVES
Called up share capital 4,500 4,500
Capital redemption reserve 1,500 1,500
Retained earnings 1,283,349 1,257,829
SHAREHOLDERS' FUNDS 1,289,349 1,263,829

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 May 2025 and were signed on its behalf by:



Mr J R M Williams - Director



Mrs R M Stanley Cooper - Director


Electro Wind Limited (Registered number: 01408881)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Electro Wind Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 01408881

Registered office: West Avenue
Nelson Industrial Estate
Kidsgrove
Stoke-on-Trent
Staffordshire
ST7 1TR

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Revenue is recognised as the company becomes entitled to consideration for the goods supplied. Therefore turnover also includes the element of work completed but not yet invoiced.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Leasehold improvements - 10% on cost
Tools and equipment - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Electro Wind Limited (Registered number: 01408881)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

2. ACCOUNTING POLICIES - continued

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


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.

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 41 (2024 - 44 ) .

4. TANGIBLE FIXED ASSETS
Freehold Leasehold Tools and
property improvements equipment
£    £    £   
COST
At 1 March 2024 338,370 73,185 378,618
Additions - 135,960 36,927
At 28 February 2025 338,370 209,145 415,545
DEPRECIATION
At 1 March 2024 6,767 65,659 244,452
Charge for year 6,768 20,914 34,218
At 28 February 2025 13,535 86,573 278,670
NET BOOK VALUE
At 28 February 2025 324,835 122,572 136,875
At 29 February 2024 331,603 7,526 134,166

Fixtures
and Motor Office
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2024 156,439 24,355 87,946 1,058,913
Additions 20,243 16,500 1,932 211,562
At 28 February 2025 176,682 40,855 89,878 1,270,475
DEPRECIATION
At 1 March 2024 80,761 22,603 60,956 481,198
Charge for year 19,185 4,563 7,231 92,879
At 28 February 2025 99,946 27,166 68,187 574,077
NET BOOK VALUE
At 28 February 2025 76,736 13,689 21,691 696,398
At 29 February 2024 75,678 1,752 26,990 577,715

Electro Wind Limited (Registered number: 01408881)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 633,038 578,077
Other debtors 98,121 95,999
731,159 674,076

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 419,307 624,838
Taxation and social security 286,898 185,582
Other creditors 864,745 415,431
1,570,950 1,225,851

7. FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £394,716.04 (2024 £473,737) This financial commitment represents the total amount of payments remaining on leases ending in 2029.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the board of directors of Electro Wind (Holdings) Ltd, by virtue of their majority shareholding.