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Company Registration No. 09964095 (England and Wales)
NTH ELECTRICAL CONTRACTORS LIMITED Unaudited accounts for the year ended 31 December 2021
NTH ELECTRICAL CONTRACTORS LIMITED Unaudited accounts Contents
Page
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NTH ELECTRICAL CONTRACTORS LIMITED Company Information for the year ended 31 December 2021
Director
N.Handley
Company Number
09964095 (England and Wales)
Registered Office
8 Follyhall Road Tingley Wakefield West Yorkshire WF3 1TN
Accountants
Small Business Accountancy 18 Stoney Hill Rastrick Brighouse West Yorkshire HD6 3BP
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NTH ELECTRICAL CONTRACTORS LIMITED Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,401 
22,935 
Current assets
Inventories
1,990 
940 
Debtors
47,881 
13,170 
Cash at bank and in hand
603 
46,325 
50,474 
60,435 
Creditors: amounts falling due within one year
(37,667)
(23,327)
Net current assets
12,807 
37,108 
Total assets less current liabilities
31,208 
60,043 
Creditors: amounts falling due after more than one year
(27,333)
(49,732)
Provisions for liabilities
Deferred tax
(3,496)
(4,358)
Net assets
379 
5,953 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
378 
5,952 
Shareholders' funds
379 
5,953 
For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 March 2022 and were signed on its behalf by
N.Handley Director Company Registration No. 09964095
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NTH ELECTRICAL CONTRACTORS LIMITED Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
NTH ELECTRICAL CONTRACTORS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09964095. The registered office is 8 Follyhall Road, Tingley, Wakefield, West Yorkshire, WF3 1TN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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NTH ELECTRICAL CONTRACTORS LIMITED Notes to the Accounts for the year ended 31 December 2021
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2021
896 
30,575 
1,252 
32,723 
At 31 December 2021
896 
30,575 
1,252 
32,723 
Depreciation
At 1 January 2021
365 
8,995 
428 
9,788 
Charge for the year
53 
4,316 
165 
4,534 
At 31 December 2021
418 
13,311 
593 
14,322 
Net book value
At 31 December 2021
478 
17,264 
659 
18,401 
At 31 December 2020
531 
21,580 
824 
22,935 
2021 
2020 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Plant & machinery
- 
21,580 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
12,248 
9,287 
Accrued income and prepayments
821 
3,883 
Other debtors
34,812 
- 
47,881 
13,170 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Bank loans and overdrafts
8,000 
- 
VAT
697 
- 
Obligations under finance leases and hire purchase contracts
- 
7,924 
Trade creditors
12,602 
5,311 
Taxes and social security
7,873 
7,438 
Other creditors
7,335 
493 
Loans from directors
- 
225 
Accruals
1,160 
1,936 
37,667 
23,327 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
27,333 
- 
Obligations under finance leases and hire purchase contracts
- 
49,732 
27,333 
49,732 
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NTH ELECTRICAL CONTRACTORS LIMITED Notes to the Accounts for the year ended 31 December 2021
8
Share capital
2021 
2020 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
N.Handley
Loan to Director
- 
32,648 
- 
32,648 
- 
32,648 
- 
32,648 
Overdrawn Directors Loan Account as at 31st December 2021. Repaid within 9 months and 1 day following the end of the Accounting Period.
10
Average number of employees
During the year the average number of employees was 2 (2020: 3).
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