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
NPH ELECTRICAL LIMITED
Company Information
for the year ended 29 February 2024
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
NPH ELECTRICAL LIMITED
Statement of financial position
as at 29 February 2024
Tangible assets
27,202
24,275
Cash at bank and in hand
176,454
169,589
Creditors: amounts falling due within one year
(35,370)
(27,043)
Net current assets
145,222
147,425
Net assets
172,424
171,700
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
NPH ELECTRICAL LIMITED
Notes to the Accounts
for the year ended 29 February 2024
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.
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
20% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
15% reducing balance
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.
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
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
At 29 February 2024
3,183
23,160
214
645
27,202
At 28 February 2023
3,979
19,285
252
759
24,275
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
5,822
2,488
Taxes and social security
16,759
14,223
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).