Company Registration No. 4343006 (England and Wales)
NITROTECH LTD
Unaudited accounts
for the year ended 31 December 2023
NITROTECH LTD
Unaudited accounts
Contents
NITROTECH LTD
Company Information
for the year ended 31 December 2023
Company Number
4343006 (England and Wales)
Registered Office
10a Chestnut Avenue
Lowestoft
NR32 3JA
Accountants
P Lacey & Associates Ltd
Office 17
2 Regent House
Lowestoft
NR32 1PA
NITROTECH LTD
Statement of financial position
as at 31 December 2023
Tangible assets
6,547
1,961
Cash at bank and in hand
4,271
6,895
Creditors: amounts falling due within one year
(4,425)
(8,572)
Net current liabilities
(154)
(1,677)
Called up share capital
1
1
Profit and loss account
6,392
283
Shareholders' funds
6,393
284
For the year ending 31 December 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 6 February 2024 and were signed on its behalf by
Mr J Long
Director
Company Registration No. 4343006
NITROTECH LTD
Notes to the Accounts
for the year ended 31 December 2023
NITROTECH LTD is a private company, limited by shares, registered in England and Wales, registration number 4343006. The registered office is 10a Chestnut Avenue, Lowestoft, NR32 3JA.
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:
Plant & machinery
15% reducing balance
Motor vehicles
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2023
38,766
-
38,766
At 31 December 2023
38,766
6,100
44,866
At 1 January 2023
36,805
-
36,805
Charge for the year
294
1,220
1,514
At 31 December 2023
37,099
1,220
38,319
At 31 December 2023
1,667
4,880
6,547
At 31 December 2022
1,961
-
1,961
NITROTECH LTD
Notes to the Accounts
for the year ended 31 December 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,116
4,299
Loans from directors
443
174
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).