N G DECOR LIMITED

Company Registration Number:
05066130 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

N G DECOR LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

N G DECOR LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 1,500 3,000
Tangible assets: 4 40,285 38,068
Total fixed assets: 41,785 41,068
Current assets
Stocks: 35,000 115,000
Debtors:   260,582 189,380
Cash at bank and in hand: 227,080 144,962
Total current assets: 522,662 449,342
Creditors: amounts falling due within one year:   (305,693) (277,906)
Net current assets (liabilities): 216,969 171,436
Total assets less current liabilities: 258,754 212,504
Creditors: amounts falling due after more than one year:   (29,779) (1,410)
Total net assets (liabilities): 228,975 211,094
Capital and reserves
Called up share capital: 4 4
Profit and loss account: 228,971 211,090
Shareholders funds: 228,975 211,094

The notes form part of these financial statements

N G DECOR LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 December 2023
and signed on behalf of the board by:

Name: Neil Glover
Status: Director

The notes form part of these financial statements

N G DECOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

N G DECOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 12 12

N G DECOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Intangible Assets

Total
Cost £
At 01 April 2022 30,000
At 31 March 2023 30,000
Amortisation
At 01 April 2022 27,000
Charge for year 1,500
At 31 March 2023 28,500
Net book value
At 31 March 2023 1,500
At 31 March 2022 3,000

N G DECOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible Assets

Total
Cost £
At 01 April 2022 207,228
Additions 21,478
Disposals (2,500)
At 31 March 2023 226,206
Depreciation
At 01 April 2022 169,160
Charge for year 18,844
On disposals (2,083)
At 31 March 2023 185,921
Net book value
At 31 March 2023 40,285
At 31 March 2022 38,068

N G DECOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Loans to directors

Name of director receiving advance or credit: Neil Glover
Description of the loan: Items paid personally and sums repaid.
£
Balance at 01 April 2022 36,057
Advances or credits made: 54,446
Advances or credits repaid: 36,057
Balance at 31 March 2023 54,446