NORTH EAST ELECTRONIC LTD

Company Registration Number:
SC345532 (Scotland)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

NORTH EAST ELECTRONIC LTD

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

NORTH EAST ELECTRONIC LTD

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 214,151 160,301
Total fixed assets: 214,151 160,301
Current assets
Debtors:   226,813 144,918
Cash at bank and in hand: 155,911 102,945
Total current assets: 382,724 247,863
Creditors: amounts falling due within one year:   (171,408) (49,401)
Net current assets (liabilities): 211,316 198,462
Total assets less current liabilities: 425,467 358,763
Total net assets (liabilities): 425,467 358,763
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 425,466 358,762
Shareholders funds: 425,467 358,763

The notes form part of these financial statements

NORTH EAST ELECTRONIC LTD

Balance sheet statements

For the year ending 30 June 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 31 March 2024
and signed on behalf of the board by:

Name: Martin Waugh
Status: Director

The notes form part of these financial statements

NORTH EAST ELECTRONIC LTD

Notes to the Financial Statements

for the Period Ended 30 June 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

NORTH EAST ELECTRONIC LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 21 19

NORTH EAST ELECTRONIC LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Tangible Assets

Total
Cost £
At 01 July 2022 160,301
Additions 85,652
At 30 June 2023 245,953
Depreciation
At 01 July 2022 0
Charge for year 31,802
At 30 June 2023 31,802
Net book value
At 30 June 2023 214,151
At 30 June 2022 160,301