Registered number
12193801
Norfolk Electrical & Testing Limited
Filleted Accounts
31 August 2023
Norfolk Electrical & Testing Limited
Registered number: 12193801
Balance Sheet
as at 31 August 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 6,499 11,269
Current assets
Debtors 4 10,919 8,434
Cash at bank and in hand 13,735 11,203
24,654 19,637
Creditors: amounts falling due within one year 5 (25,436) (23,102)
Net current liabilities (782) (3,465)
Total assets less current liabilities 5,717 7,804
Creditors: amounts falling due after more than one year 6 (5,426) (9,226)
Net assets/(liabilities) 291 (1,422)
Capital and reserves
Profit and loss account 291 (1,422)
Shareholder's funds 291 (1,422)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Gary Hughes
Director
Approved by the board on 17 November 2023
Norfolk Electrical & Testing Limited
Notes to the Accounts
for the year ended 31 August 2023
1 Accounting policies
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 3 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 September 2022 19,081
At 31 August 2023 19,081
Depreciation
At 1 September 2022 7,812
Charge for the year 4,770
At 31 August 2023 12,582
Net book value
At 31 August 2023 6,499
At 31 August 2022 11,269
4 Debtors 2023 2022
£ £
Trade debtors 10,919 8,434
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 1,535 -
Trade creditors 9,727 6,863
Loan - Paul Howard - (300)
Taxation and social security costs 251 3,815
Other creditors 13,923 12,724
25,436 23,102
6 Creditors: amounts falling due after one year 2023 2022
£ £
Loan - Sian Hughes 2,289 4,341
Motonovo Finance 3,137 4,885
5,426 9,226
7 Other information
Norfolk Electrical & Testing Limited is a private company limited by shares and incorporated in England. Its registered office is:
50 Evans Way
Old Catton
Norwich
Norfolk
NR6 7LR
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