Registered Number:06510653 |
For the year ended 28 February 2023
England and Wales
Report of the Directors and Financial Statements
For the year ended 28 February 2023
Norcis Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Norcis Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
20,643
27,271
2
20,643
27,271
Trade and other receivables |
65,070
184,642
3
757,633
Cash and cash equivalents |
752,897
937,539
822,703
Trade and other payables: amounts falling due within one |
year |
(62,180)
(72,642)
4
760,523
864,897
Net current assets
Total assets less current liabilities |
885,540
787,794
885,540
Net assets
787,794
100
100
885,440
787,694
885,540
787,794
Shareholders' funds
For the year ended 28 February 2023 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 of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 27 November 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 28 February 2023
Norcis Limited
Notes to the Financial Statements
Statutory Information
Norcis Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
06510653. |
Cleveleys
Selby Road
Monk Fryston
Leeds
LS25 5JE
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Motor vehicles
Fixtures and fittings
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2. Property, plant and equipment |
Motor vehicles
55,716
13,784
8,799
33,133
33,133
8,799
13,784
55,716
Provision for depreciation and impairment |
28,445
12,014
5,481
10,950
Charge for year
6,628
584
498
5,546
35,073
12,598
5,979
16,496
16,637
2,820
1,186
20,643
22,183
3,318
1,770
27,271
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For the year ended 28 February 2023
Norcis Limited
Notes to the Financial Statements Continued
Land & Buildings revaluation carried out 25 August 2021.
3. Trade and other receivables |
2022
2023
184,217
62,067
425
3,003
65,070
184,642
The debtors above include the following amounts falling due after more than one year: |
-
3,003
4. Trade and other payables: amounts falling due within one year |
2022
2023
26,052
16,845
Taxation and social security |
39,960
40,248
6,630
5,087
72,642
62,180
5. Average number of persons employed |
During the year the average number of employees was 7 (2022 : 9)
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