REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE PERIOD 28 MARCH 2023 TO 31 MARCH 2024 |
FOR |
NC WINDOWS & DOORS LTD |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE PERIOD 28 MARCH 2023 TO 31 MARCH 2024 |
FOR |
NC WINDOWS & DOORS LTD |
NC WINDOWS & DOORS LTD (REGISTERED NUMBER: 14765556) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 28 MARCH 2023 TO 31 MARCH 2024 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
NC WINDOWS & DOORS LTD |
COMPANY INFORMATION |
FOR THE PERIOD 28 MARCH 2023 TO 31 MARCH 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Unit S The Wallows Industrial Estate |
Fens Pool Avenue |
Brierley Hill |
DY5 1QA |
INCORPORATED: |
NC WINDOWS & DOORS LTD (REGISTERED NUMBER: 14765556) |
ABRIDGED BALANCE SHEET |
31 MARCH 2024 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
( |
) |
PROVISIONS FOR LIABILITIES | 5 | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings |
SHAREHOLDERS' FUNDS |
NC WINDOWS & DOORS LTD (REGISTERED NUMBER: 14765556) |
ABRIDGED BALANCE SHEET - continued |
31 MARCH 2024 |
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. |
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 |
NC WINDOWS & DOORS LTD (REGISTERED NUMBER: 14765556) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 28 MARCH 2023 TO 31 MARCH 2024 |
1. | STATUTORY INFORMATION |
NC Windows & Doors Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Motor vehicles | - |
Financial instruments |
The company only enters into basis financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans from related parties. |
Taxation |
Taxation for the period 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. |
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 period 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. |
NC WINDOWS & DOORS LTD (REGISTERED NUMBER: 14765556) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 28 MARCH 2023 TO 31 MARCH 2024 |
2. | ACCOUNTING POLICIES - continued |
Debtors |
Short term debtors are measured at transaction price, less any impairment. |
Creditors |
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
Additions |
Disposals | ( |
) |
At 31 March 2024 |
DEPRECIATION |
Charge for period |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
5. | PROVISIONS FOR LIABILITIES |
£ |
Deferred tax | 1,567 |
Deferred |
tax |
£ |
Provided during period |
Balance at 31 March 2024 |
NC WINDOWS & DOORS LTD (REGISTERED NUMBER: 14765556) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 28 MARCH 2023 TO 31 MARCH 2024 |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | £1 | 2 |
2 Ordinary shares of £1 were issued during the period |