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 |