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Company Registration No. 6454385 (England and Wales)
NPH ELECTRICAL LIMITED Unaudited accounts for the year ended 29 February 2024
NPH ELECTRICAL LIMITED Unaudited accounts Contents
Page
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NPH ELECTRICAL LIMITED Company Information for the year ended 29 February 2024
Director
Mr Neil Henwood
Company Number
6454385 (England and Wales)
Registered Office
WOODVIEW POUND LANE BLUNDESTON LOWESTOFT NR32 5AY
Accountants
P Lacey & Associates Ltd Office 17 2 Regent House Lowestoft NR32 1PA
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NPH ELECTRICAL LIMITED Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
27,202 
24,275 
Current assets
Inventories
500 
500 
Debtors
3,638 
4,379 
Cash at bank and in hand
176,454 
169,589 
180,592 
174,468 
Creditors: amounts falling due within one year
(35,370)
(27,043)
Net current assets
145,222 
147,425 
Net assets
172,424 
171,700 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
172,324 
171,600 
Shareholders' funds
172,424 
171,700 
For the year ending 29 February 2024 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 11 April 2024 and were signed on its behalf by
Mr Neil Henwood Director Company Registration No. 6454385
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NPH ELECTRICAL LIMITED Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
NPH ELECTRICAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 6454385. The registered office is WOODVIEW POUND LANE, BLUNDESTON, LOWESTOFT, NR32 5AY.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
20% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
15% reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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NPH ELECTRICAL LIMITED Notes to the Accounts for the year ended 29 February 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 March 2023
41,595 
63,442 
349 
1,558 
106,944 
Additions
- 
9,665 
- 
- 
9,665 
At 29 February 2024
41,595 
73,107 
349 
1,558 
116,609 
Depreciation
At 1 March 2023
37,616 
44,157 
97 
799 
82,669 
Charge for the year
796 
5,790 
38 
114 
6,738 
At 29 February 2024
38,412 
49,947 
135 
913 
89,407 
Net book value
At 29 February 2024
3,183 
23,160 
214 
645 
27,202 
At 28 February 2023
3,979 
19,285 
252 
759 
24,275 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,638 
4,379 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
11,744 
9,307 
Trade creditors
5,822 
2,488 
Taxes and social security
16,759 
14,223 
Accruals
1,045 
1,025 
35,370 
27,043 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 3 (2023: 4).
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