Company Registration No. 10027957 (England and Wales)
NORTHANTS CONCRETE GROUP LIMITED
Unaudited accounts
for the year ended 28 February 2023
NORTHANTS CONCRETE GROUP LIMITED
Unaudited accounts
Contents
NORTHANTS CONCRETE GROUP LIMITED
Company Information
for the year ended 28 February 2023
Company Number
10027957 (England and Wales)
Registered Office
9-11 WHITEHOUSE INDUSTRIAL ESTATE
EARLS BARTON
NORTHAMPTONSHIRE
NN6 0HJ
UNITED KINGDOM
Accountants
Nineteen Accountants Limited
207 Rockingham Road
Kettering
United Kingdom
NN16 9JA
NORTHANTS CONCRETE GROUP LIMITED
Statement of financial position
as at 28 February 2023
Tangible assets
737,887
564,165
Cash at bank and in hand
497,052
402,978
Creditors: amounts falling due within one year
(574,520)
(769,175)
Net current assets
256,793
228,263
Total assets less current liabilities
994,680
792,428
Creditors: amounts falling due after more than one year
(224,688)
(149,965)
Net assets
769,992
642,463
Called up share capital
1
1
Profit and loss account
769,991
642,462
Shareholders' funds
769,992
642,463
For the year ending 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 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 15 July 2023 and were signed on its behalf by
Thomas Walpole
Director
Company Registration No. 10027957
NORTHANTS CONCRETE GROUP LIMITED
Notes to the Accounts
for the year ended 28 February 2023
NORTHANTS CONCRETE GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10027957. The registered office is 9-11 WHITEHOUSE INDUSTRIAL ESTATE, EARLS BARTON, NORTHAMPTONSHIRE, NN6 0HJ, UNITED KINGDOM.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2022
949,106
18,917
968,023
Additions
334,854
-
334,854
Disposals
(65,654)
-
(65,654)
At 28 February 2023
1,218,306
18,917
1,237,223
At 1 March 2022
395,582
8,276
403,858
Charge for the year
158,472
2,660
161,132
Surplus on revaluation
(65,654)
-
(65,654)
At 28 February 2023
488,400
10,936
499,336
At 28 February 2023
729,906
7,981
737,887
At 28 February 2022
553,524
10,641
564,165
Amounts falling due within one year
Trade debtors
288,981
549,180
NORTHANTS CONCRETE GROUP LIMITED
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
38,106
41,618
Obligations under finance leases and hire purchase contracts
152,325
128,052
Trade creditors
394,366
513,607
Taxes and social security
21,438
48,276
Loans from directors
(37,023)
502
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
224,688
149,965
8
Average number of employees
During the year the average number of employees was 7 (2022: 7).