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REGISTERED NUMBER: 08004124 (England and Wales)















Unaudited Financial Statements

for the Year Ended

30 September 2023

for

Northampton and Midland Plating Company
Limited

Northampton and Midland Plating Company
Limited (Registered number: 08004124)

Contents of the Financial Statements
for the Year Ended 30 September 2023










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 4

Notes to the Financial Statements 6


Northampton and Midland Plating Company
Limited

Company Information
for the Year Ended 30 September 2023







DIRECTORS: I Ovington
A N Ovington
J A Ovington





REGISTERED OFFICE: Charnwood House
Harcourt Way
Meridian Business Park
Leicestershire
LE19 1WP





REGISTERED NUMBER: 08004124 (England and Wales)





ACCOUNTANTS: The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Northampton and Midland Plating Company
Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Northampton and Midland Plating Company Limited for the year ended 30 September 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Northampton and Midland Plating Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Northampton and Midland Plating Company Limited and state those matters that we have agreed to state to the Board of Directors of Northampton and Midland Plating Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Northampton and Midland Plating Company Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Northampton and Midland Plating Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Northampton and Midland Plating Company Limited. You consider that Northampton and Midland Plating Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Northampton and Midland Plating Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP


Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Northampton and Midland Plating Company
Limited



29 February 2024

Northampton and Midland Plating Company
Limited (Registered number: 08004124)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 6,674 4,604
6,674 4,604

CURRENT ASSETS
Stocks 37,676 32,776
Debtors 6 180,417 213,308
Cash at bank 86,678 85,290
304,771 331,374
CREDITORS
Amounts falling due within one year 7 289,557 298,183
NET CURRENT ASSETS 15,214 33,191
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,888

37,795

PROVISIONS FOR LIABILITIES 1,490 943
NET ASSETS 20,398 36,852

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 20,298 36,752
SHAREHOLDERS' FUNDS 20,398 36,852

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Northampton and Midland Plating Company
Limited (Registered number: 08004124)

Balance Sheet - continued
30 September 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 February 2024 and were signed on its behalf by:





I Ovington - Director


Northampton and Midland Plating Company
Limited (Registered number: 08004124)

Notes to the Financial Statements
for the Year Ended 30 September 2023


1. STATUTORY INFORMATION

Northampton and Midland Plating Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when goods are physically delivered to the customer.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, has been fully amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - over the term of the lease
Plant and machinery - 33% straight line basis

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Northampton and Midland Plating Company
Limited (Registered number: 08004124)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2022
and 30 September 2023 357,700
AMORTISATION
At 1 October 2022
and 30 September 2023 357,700
NET BOOK VALUE
At 30 September 2023 -
At 30 September 2022 -

Northampton and Midland Plating Company
Limited (Registered number: 08004124)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023


5. TANGIBLE FIXED ASSETS
Short Plant and
leasehold machinery Totals
£    £    £   
COST
At 1 October 2022 10,107 11,490 21,597
Additions - 5,724 5,724
Disposals - (3,331 ) (3,331 )
At 30 September 2023 10,107 13,883 23,990
DEPRECIATION
At 1 October 2022 7,793 9,200 16,993
Charge for year 331 3,323 3,654
Eliminated on disposal - (3,331 ) (3,331 )
At 30 September 2023 8,124 9,192 17,316
NET BOOK VALUE
At 30 September 2023 1,983 4,691 6,674
At 30 September 2022 2,314 2,290 4,604

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 108,630 107,479
Amounts owed by group undertakings - 29,230
Other debtors 71,787 76,599
180,417 213,308

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade creditors 28,506 56,382
Amounts owed to group undertakings 186,071 187,310
Taxation and social security 25,328 16,800
Other creditors 49,652 37,691
289,557 298,183

Northampton and Midland Plating Company
Limited (Registered number: 08004124)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.23 30.9.22
value: £    £   
100 Ordinary £1 100 100

9. OTHER FINANCIAL COMMITMENTS

The company had total guarantees and commitments at the balance sheet date of £1,060 (2022 - £6,632).

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2023 and 30 September 2022:

30.9.23 30.9.22
£    £   
J A Ovington
Balance outstanding at start of year - 9,968
Amounts repaid - (9,968 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

The loan is interest free and repayable on demand.