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REGISTERED NUMBER: 02393166 (England and Wales)















Financial Statements for the Year Ended 31 October 2024

for

NORTHERN POWER CLEAN LIMITED

NORTHERN POWER CLEAN LIMITED (REGISTERED NUMBER: 02393166)






Contents of the Financial Statements
for the year ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NORTHERN POWER CLEAN LIMITED

Company Information
for the year ended 31 October 2024







DIRECTORS: C Simmonds
Mrs M Simmonds
D Simmonds





SECRETARY: Mrs M Simmonds





REGISTERED OFFICE: Unit 24
Northfield Way
Aycliffe Business Park
NEWTON AYCLIFFE
Co. Durham
DL5 6EJ





REGISTERED NUMBER: 02393166 (England and Wales)





AUDITORS: Xeinadin Audit Limited
31-33 Victoria Road
Darlington
Co. Durham
DL1 5SB

NORTHERN POWER CLEAN LIMITED (REGISTERED NUMBER: 02393166)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 390,321 394,675

CURRENT ASSETS
Stocks 71,262 54,418
Debtors 5 118,740 163,612
Cash at bank and in hand 265,761 116,773
455,763 334,803
CREDITORS
Amounts falling due within one year 6 101,185 66,840
NET CURRENT ASSETS 354,578 267,963
TOTAL ASSETS LESS CURRENT
LIABILITIES

744,899

662,638

CREDITORS
Amounts falling due after more than one
year

7

(24,622

)

(43,476

)

PROVISIONS FOR LIABILITIES (55,705 ) (41,381 )
NET ASSETS 664,572 577,781

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 664,472 577,681
SHAREHOLDERS' FUNDS 664,572 577,781

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 11 July 2025 and were signed on its behalf by:





C Simmonds - Director


NORTHERN POWER CLEAN LIMITED (REGISTERED NUMBER: 02393166)

Notes to the Financial Statements
for the year ended 31 October 2024

1. STATUTORY INFORMATION

Northern Power Clean Limited 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.

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 represents net invoiced sales of goods and hire charges, excluding value added tax. Sales of goods are recognised on the date of dispatch, hire sales are recognised over the period of hire.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Long leasehold - 2% on cost
Improvements to property - 25% on reducing balance
Plant and machinery - 25% on reducing balance and 10% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 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 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.

Foreign currencies
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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

NORTHERN POWER CLEAN LIMITED (REGISTERED NUMBER: 02393166)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimate useful lives or lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid or received under operating leases are charged or credited to the profit and loss account 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 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Long to Plant and
leasehold property machinery
£    £    £   
COST
At 1 November 2023 163,074 21,821 349,658
Additions - 9,241 37,750
Disposals - - (9,450 )
At 31 October 2024 163,074 31,062 377,958
DEPRECIATION
At 1 November 2023 680 4,860 247,095
Charge for year 3,261 5,658 14,434
Eliminated on disposal - - (8,520 )
At 31 October 2024 3,941 10,518 253,009
NET BOOK VALUE
At 31 October 2024 159,133 20,544 124,949
At 31 October 2023 162,394 16,961 102,563

NORTHERN POWER CLEAN LIMITED (REGISTERED NUMBER: 02393166)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 November 2023 15,402 166,439 716,394
Additions 1,372 - 48,363
Disposals - - (9,450 )
At 31 October 2024 16,774 166,439 755,307
DEPRECIATION
At 1 November 2023 12,122 56,962 321,719
Charge for year 1,065 27,369 51,787
Eliminated on disposal - - (8,520 )
At 31 October 2024 13,187 84,331 364,986
NET BOOK VALUE
At 31 October 2024 3,587 82,108 390,321
At 31 October 2023 3,280 109,477 394,675

The net book value of tangible fixed assets includes £ 77,682 (2023 - £ 103,576 ) in respect of assets held under hire purchase contracts.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 100,302 116,525
Other debtors - 26,606
Corporation tax recoverable 447 447
Prepayments and accrued income 17,991 20,034
118,740 163,612

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 18,857 18,857
Trade creditors 20,461 27,550
Corporation tax 31,590 4,437
Social security and other taxes 17,427 2,962
Accruals and deferred income 12,850 13,034
101,185 66,840

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 24,622 43,476

NORTHERN POWER CLEAN LIMITED (REGISTERED NUMBER: 02393166)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 43,479 62,333

Hire purchase and lease obligations are secured on the assets to which they relate.

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Stephen Gardner (Senior Statutory Auditor)
for and on behalf of Xeinadin Audit Limited

10. OTHER FINANCIAL COMMITMENTS

At the balance sheet date, the company is committed to make further payments totalling £13,125 (PY £29,698) in respect of a property lease.