2022-03-01 06510653 2023-02-28 06510653 2022-03-01 2023-02-28 06510653 2022-02-28 06510653 2021-03-01 2022-02-28 06510653 uk-core:WithinOneYear 2022-02-28 06510653 uk-core:WithinOneYear 2023-02-28 06510653 uk-core:ShareCapital 2023-02-28 06510653 uk-core:ShareCapital 2022-02-28 06510653 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 06510653 uk-core:RetainedEarningsAccumulatedLosses 2022-02-28 06510653 uk-bus:Director1 2022-03-01 2023-02-28 06510653 uk-core:ComputerEquipment 2022-03-01 2023-02-28 06510653 uk-core:CommercialMotorVehicles 2022-03-01 2023-02-28 06510653 uk-core:ToolsEquipment 2022-03-01 2023-02-28 06510653 uk-core:ComputerEquipment 2022-02-28 06510653 uk-core:ToolsEquipment 2022-02-28 06510653 uk-core:CommercialMotorVehicles 2022-02-28 06510653 uk-core:CommercialMotorVehicles 2023-02-28 06510653 uk-core:ToolsEquipment 2023-02-28 06510653 uk-core:ComputerEquipment 2023-02-28 06510653 uk-core:AfterOneYear 2023-02-28 06510653 uk-core:AfterOneYear 2022-02-28 iso4217:GBP xbrli:pure 06510653 uk-bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 06510653 uk-bus:FRS102 2022-03-01 2023-02-28 06510653 uk-bus:FullAccounts 2022-03-01 2023-02-28 06510653 uk-bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28
Norcis Limited
Registered Number:06510653
For the year ended 28 February 2023
England and Wales
Report of the Directors and Financial Statements
2
For the year ended 28 February 2023
Norcis Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
06510653
As at 28 February 2023
Norcis Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
20,643
27,271
2
20,643
27,271
Current assets
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
Capital and reserves
Called up share capital
100
100
Retained earnings
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.
Mr P Woodhouse Director
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
1 of 3
4
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.
Registered address:
Cleveleys
Selby Road
Monk Fryston
Leeds
LS25 5JE
The presentation currency is £ sterling.
1. Accounting policies
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:
33 Straight line
Computer equipment
25 Reducing balance
Motor vehicles
15 Reducing balance
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
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
£
£
£
£
Cost or
valuation
At 01 March 2022
55,716
13,784
8,799
33,133
At 28 February 2023
33,133
8,799
13,784
55,716
Provision for depreciation and impairment
At 01 March 2022
28,445
12,014
5,481
10,950
Charge for year
6,628
584
498
5,546
At 28 February 2023
35,073
12,598
5,979
16,496
At 28 February 2023
Net book value
16,637
2,820
1,186
20,643
At 28 February 2022
22,183
3,318
1,770
27,271
2 of 3
5
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
£
£
Trade debtors
184,217
62,067
Other debtors
425
3,003
65,070
184,642
The debtors above include the following amounts falling due after more than one year:
Other debtors
-
3,003
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
26,052
16,845
Taxation and social security
39,960
40,248
Other creditors
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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