Company Registration No. 08859149 (England and Wales)
NLP ELECTRICAL SYSTEMS LTD
Unaudited accounts
for the year ended 22 January 2023
NLP ELECTRICAL SYSTEMS LTD
Unaudited accounts
Contents
NLP ELECTRICAL SYSTEMS LTD
Company Information
for the year ended 22 January 2023
Company Number
08859149 (England and Wales)
Registered Office
7 Hartland Road Morden Surrey
SM4 6LZ
Accountants
Gordons Knight Ltd
12 South Drive
Banstead
Surrey
England
SM7 3BH
NLP ELECTRICAL SYSTEMS LTD
Statement of financial position
as at 22 January 2023
Tangible assets
1,063
1,446
Cash at bank and in hand
2,348
5
Creditors: amounts falling due within one year
(78,630)
(86,033)
Net current assets/(liabilities)
7,448
(1,198)
Called up share capital
99
99
Profit and loss account
8,412
149
Shareholders' funds
8,511
248
For the year ending 22 January 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 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 27 October 2023 and were signed on its behalf by
Neil Pickett
Director
Company Registration No. 08859149
NLP ELECTRICAL SYSTEMS LTD
Notes to the Accounts
for the year ended 22 January 2023
NLP ELECTRICAL SYSTEMS LTD is a private company, limited by shares, registered in England and Wales, registration number 08859149. The registered office is 7 Hartland Road Morden Surrey , SM4 6LZ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
25% WDV
Computer equipment
33% WDV
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 23 January 2022
2,931
3,396
6,327
At 22 January 2023
2,931
3,396
6,327
At 23 January 2022
1,741
3,140
4,881
Charge for the year
298
85
383
At 22 January 2023
2,039
3,225
5,264
At 22 January 2023
892
171
1,063
At 22 January 2022
1,190
256
1,446
Amounts falling due within one year
Trade debtors
10,192
9,337
Other debtors
73,538
75,493
NLP ELECTRICAL SYSTEMS LTD
Notes to the Accounts
for the year ended 22 January 2023
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
37,769
42,000
Trade creditors
1,584
3,166
Taxes and social security
26,852
23,446
Other creditors
1,487
1,537
The company's ultimate controlling party Neil Pickett - 51% ; Natalie Pickett - 49% by virtue of their ownership of 100% of the issued share capital in the company.
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Average number of employees
During the year the average number of employees was 2 (2022: 2).