REGISTERED NUMBER: NI606676 (Northern Ireland)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Evergreen Natural Energy Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr J Mitchell

Dr W J Moore

Mr W D Russell

Mrs H Russell

SECRETARY:

Mrs H Russell

REGISTERED OFFICE:

26 Deerpark Road

Newtownstewart

Omagh

Co. Tyrone

BT78 4LA

REGISTERED NUMBER:

NI606676 (Northern Ireland)

ACCOUNTANTS:

HMCI Limited

T/A Hamill McIlwaine

28-30 Old Mountfield Road

Omagh

Co. Tyrone

BT79 7BJ

BANKERS:

HSBC

25-29 Royal Avenue

Belfast

BT1 1FB

FIXED ASSETS

Tangible assets

4

1,871,059

2,008,570

CURRENT ASSETS

Debtors

5

654,983

974,445

Cash at bank

1,037,145

808,311

1,692,128

1,782,756

CREDITORS

Amounts falling due within one year

6

154,096

387,719

NET CURRENT ASSETS

1,538,032

1,395,037

TOTAL ASSETS LESS CURRENT LIABILITIES

3,409,091

3,403,607

PROVISIONS FOR LIABILITIES

358,891

375,755

NET ASSETS

3,050,200

3,027,852

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

180,592

200,657

Retained earnings

2,869,508

2,827,095

SHAREHOLDERS' FUNDS

3,050,200

3,027,852

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 31 October 2025 and were signed on its behalf by:

Mr W D Russell - Director

1.	STATUTORY INFORMATION

Evergreen Natural Energy Ltd 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

10% on reducing balance

Fixtures and fittings

4% on cost

Overhaul costs

33.33% on cost

Every 3 years the company undertakes a major overhaul of the main plant. The cost of this tri-annual inspection and restoration is capitalised and the cost of the previous inspection is included as a disposal. The cost is depreciated over 3 years and the depreciation is allowable for tax.

Tangible fixed assets are stated at deemed cost (being the revalued amount at date of transition to FRS 102) less depreciation. The carrying value of assets are reviewed for impairment annually if events or circumstances indicate that the carrying value may not be recoverable.

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.

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 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

Totals

£

£

£

£

COST

At 1 April 2024

78,186

4,008,457

57,290

4,143,933

Additions

-

66,636

-

66,636

At 31 March 2025

78,186

4,075,093

57,290

4,210,569

DEPRECIATION

At 1 April 2024

29,295

2,087,300

18,768

2,135,363

Charge for year

3,909

197,373

2,865

204,147

At 31 March 2025

33,204

2,284,673

21,633

2,339,510

NET BOOK VALUE

At 31 March 2025

44,982

1,790,420

35,657

1,871,059

At 31 March 2024

48,891

1,921,157

38,522

2,008,570

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

208,420

889,499

Other debtors

421,709

84,946

VAT

24,854

-

654,983

974,445

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

151,096

246,548

VAT

-

58,171

Accruals and deferred income

3,000

83,000

154,096

387,719

7.	RELATED PARTY DISCLOSURES

All related party transactions are carried out under normal market conditions.