2022-11-012023-10-312023-10-31false09803871NC15 LIMITED2024-07-2947190iso4217:GBPxbrli:pure098038712022-11-01098038712023-10-31098038712022-11-012023-10-31098038712021-11-01098038712022-10-31098038712021-11-012022-10-3109803871bus:SmallEntities2022-11-012023-10-3109803871bus:AuditExempt-NoAccountantsReport2022-11-012023-10-3109803871bus:FullAccounts2022-11-012023-10-3109803871bus:PrivateLimitedCompanyLtd2022-11-012023-10-3109803871core:WithinOneYear2023-10-3109803871core:AfterOneYear2023-10-3109803871core:WithinOneYear2022-10-3109803871core:AfterOneYear2022-10-3109803871core:ShareCapital2023-10-3109803871core:SharePremium2023-10-3109803871core:RevaluationReserve2023-10-3109803871core:OtherReservesSubtotal2023-10-3109803871core:RetainedEarningsAccumulatedLosses2023-10-3109803871core:ShareCapital2022-10-3109803871core:SharePremium2022-10-3109803871core:RevaluationReserve2022-10-3109803871core:OtherReservesSubtotal2022-10-3109803871core:RetainedEarningsAccumulatedLosses2022-10-3109803871core:LandBuildings2023-10-3109803871core:PlantMachinery2023-10-3109803871core:Vehicles2023-10-3109803871core:FurnitureFittings2023-10-3109803871core:OfficeEquipment2023-10-3109803871core:NetGoodwill2023-10-3109803871core:IntangibleAssetsOtherThanGoodwill2023-10-3109803871core:ListedExchangeTraded2023-10-3109803871core:UnlistedNon-exchangeTraded2023-10-3109803871core:LandBuildings2022-10-3109803871core:PlantMachinery2022-10-3109803871core:Vehicles2022-10-3109803871core:FurnitureFittings2022-10-3109803871core:OfficeEquipment2022-10-3109803871core:NetGoodwill2022-10-3109803871core:IntangibleAssetsOtherThanGoodwill2022-10-3109803871core:ListedExchangeTraded2022-10-3109803871core:UnlistedNon-exchangeTraded2022-10-3109803871core:LandBuildings2022-11-012023-10-3109803871core:PlantMachinery2022-11-012023-10-3109803871core:Vehicles2022-11-012023-10-3109803871core:FurnitureFittings2022-11-012023-10-3109803871core:OfficeEquipment2022-11-012023-10-3109803871core:NetGoodwill2022-11-012023-10-3109803871core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3109803871core:ListedExchangeTraded2022-11-012023-10-3109803871core:UnlistedNon-exchangeTraded2022-11-012023-10-3109803871core:MoreThanFiveYears2022-11-012023-10-3109803871core:Non-currentFinancialInstruments2023-10-3109803871core:Non-currentFinancialInstruments2022-10-3109803871dpl:CostSales2022-11-012023-10-3109803871dpl:DistributionCosts2022-11-012023-10-3109803871core:LandBuildings2022-11-012023-10-3109803871core:PlantMachinery2022-11-012023-10-3109803871core:Vehicles2022-11-012023-10-3109803871core:FurnitureFittings2022-11-012023-10-3109803871core:OfficeEquipment2022-11-012023-10-3109803871dpl:AdministrativeExpenses2022-11-012023-10-3109803871core:NetGoodwill2022-11-012023-10-3109803871core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3109803871dpl:GroupUndertakings2022-11-012023-10-3109803871dpl:ParticipatingInterests2022-11-012023-10-3109803871dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3109803871core:ListedExchangeTraded2022-11-012023-10-3109803871dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3109803871core:UnlistedNon-exchangeTraded2022-11-012023-10-3109803871dpl:CostSales2021-11-012022-10-3109803871dpl:DistributionCosts2021-11-012022-10-3109803871core:LandBuildings2021-11-012022-10-3109803871core:PlantMachinery2021-11-012022-10-3109803871core:Vehicles2021-11-012022-10-3109803871core:FurnitureFittings2021-11-012022-10-3109803871core:OfficeEquipment2021-11-012022-10-3109803871dpl:AdministrativeExpenses2021-11-012022-10-3109803871core:NetGoodwill2021-11-012022-10-3109803871core:IntangibleAssetsOtherThanGoodwill2021-11-012022-10-3109803871dpl:GroupUndertakings2021-11-012022-10-3109803871dpl:ParticipatingInterests2021-11-012022-10-3109803871dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-012022-10-3109803871core:ListedExchangeTraded2021-11-012022-10-3109803871dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-012022-10-3109803871core:UnlistedNon-exchangeTraded2021-11-012022-10-3109803871core:NetGoodwill2023-10-3109803871core:IntangibleAssetsOtherThanGoodwill2023-10-3109803871core:LandBuildings2023-10-3109803871core:PlantMachinery2023-10-3109803871core:Vehicles2023-10-3109803871core:FurnitureFittings2023-10-3109803871core:OfficeEquipment2023-10-3109803871core:AfterOneYear2023-10-3109803871core:WithinOneYear2023-10-3109803871core:ListedExchangeTraded2023-10-3109803871core:UnlistedNon-exchangeTraded2023-10-3109803871core:ShareCapital2023-10-3109803871core:SharePremium2023-10-3109803871core:RevaluationReserve2023-10-3109803871core:OtherReservesSubtotal2023-10-3109803871core:RetainedEarningsAccumulatedLosses2023-10-3109803871core:NetGoodwill2022-10-3109803871core:IntangibleAssetsOtherThanGoodwill2022-10-3109803871core:LandBuildings2022-10-3109803871core:PlantMachinery2022-10-3109803871core:Vehicles2022-10-3109803871core:FurnitureFittings2022-10-3109803871core:OfficeEquipment2022-10-3109803871core:AfterOneYear2022-10-3109803871core:WithinOneYear2022-10-3109803871core:ListedExchangeTraded2022-10-3109803871core:UnlistedNon-exchangeTraded2022-10-3109803871core:ShareCapital2022-10-3109803871core:SharePremium2022-10-3109803871core:RevaluationReserve2022-10-3109803871core:OtherReservesSubtotal2022-10-3109803871core:RetainedEarningsAccumulatedLosses2022-10-3109803871core:NetGoodwill2021-11-0109803871core:IntangibleAssetsOtherThanGoodwill2021-11-0109803871core:LandBuildings2021-11-0109803871core:PlantMachinery2021-11-0109803871core:Vehicles2021-11-0109803871core:FurnitureFittings2021-11-0109803871core:OfficeEquipment2021-11-0109803871core:AfterOneYear2021-11-0109803871core:WithinOneYear2021-11-0109803871core:ListedExchangeTraded2021-11-0109803871core:UnlistedNon-exchangeTraded2021-11-0109803871core:ShareCapital2021-11-0109803871core:SharePremium2021-11-0109803871core:RevaluationReserve2021-11-0109803871core:OtherReservesSubtotal2021-11-0109803871core:RetainedEarningsAccumulatedLosses2021-11-0109803871core:AfterOneYear2022-11-012023-10-3109803871core:WithinOneYear2022-11-012023-10-3109803871core:Non-currentFinancialInstrumentscore:CostValuation2022-11-012023-10-3109803871core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-11-012023-10-3109803871core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-11-012023-10-3109803871core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-11-012023-10-3109803871core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-11-012023-10-3109803871core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-11-012023-10-3109803871core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-11-012023-10-3109803871core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-11-012023-10-3109803871core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-11-012023-10-3109803871core:Non-currentFinancialInstrumentscore:CostValuation2023-10-3109803871core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-10-3109803871core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-10-3109803871core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-10-3109803871core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-10-3109803871core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-10-3109803871core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-10-3109803871core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-10-3109803871core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-10-3109803871core:Non-currentFinancialInstrumentscore:CostValuation2022-10-3109803871core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-10-3109803871core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-10-3109803871core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-10-3109803871core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-10-3109803871core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-10-3109803871core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-10-3109803871core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-10-3109803871core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-10-3109803871bus:Director12022-11-012023-10-3109803871core:FurnitureFittingsToolsEquipment2022-10-3109803871core:FurnitureFittingsToolsEquipment2022-11-012023-10-3109803871core:FurnitureFittingsToolsEquipment2023-10-31

NC15 LIMITED

Registered Number
09803871
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2023

NC15 LIMITED
Company Information
for the year from 1 November 2022 to 31 October 2023

Director

C S Ward

Registered Address

40 Church Street
Pembroke Dock
SA72 6AR

Registered Number

09803871 (England and Wales)
NC15 LIMITED
Balance Sheet as at
31 October 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets38,00012,000
Tangible assets420,61125,457
28,61137,457
Current assets
Stocks6,7446,026
Debtors56,2134,947
Cash at bank and on hand23,34349,868
36,30060,841
Creditors amounts falling due within one year6(46,710)(61,824)
Net current assets (liabilities)(10,410)(983)
Total assets less current liabilities18,20136,474
Creditors amounts falling due after one year7(17,682)(26,658)
Net assets5199,816
Capital and reserves
Called up share capital200200
Profit and loss account3199,616
Shareholders' funds5199,816
The financial statements were approved and authorised for issue by the Director on 29 July 2024, and are signed on its behalf by:
C S Ward
Director
Registered Company No. 09803871
NC15 LIMITED
Notes to the Financial Statements
for the year ended 31 October 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Current 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.
Intangible assets
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Land and buildings-15
Plant and machinery25-
Fixtures and fittings20-
Office Equipment25-
Stocks and work in progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2.Average number of employees

20232022
Average number of employees during the year1714
3.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 November 2240,00040,000
At 31 October 2340,00040,000
Amortisation and impairment
At 01 November 2228,00028,000
Charge for year4,0004,000
At 31 October 2332,00032,000
Net book value
At 31 October 238,0008,000
At 31 October 2212,00012,000
4.Tangible fixed assets

Land & buildings

Plant & machinery

Fixtures & fittings

Office Equipment

Total

£££££
Cost or valuation
At 01 November 222,0805,52188,7602,10798,468
Additions--351-351
At 31 October 232,0805,52189,1112,10798,819
Depreciation and impairment
At 01 November 226942,09169,1121,11473,011
Charge for year1398573,9532485,197
At 31 October 238332,94873,0651,36278,208
Net book value
At 31 October 231,2472,57316,04674520,611
At 31 October 221,3863,43019,64899325,457
5.Debtors: amounts due within one year

2023

2022

££
Trade debtors / trade receivables3,2743,559
Prepayments and accrued income2,9391,388
Total6,2134,947
6.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables16,36424,025
Bank borrowings and overdrafts10,48410,648
Taxation and social security12,96019,631
Other creditors6,9027,520
Total46,71061,824
7.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts17,68226,658
Total17,68226,658
8.Related party transactions
Included in other creditors is the director's current account balance of £240 (2022: £428), this relates to the director.