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REGISTERED NUMBER: 11863324 (England and Wales)


















N.e. Storage Installations Limited

Unaudited Financial Statements

for the Year Ended 29th February 2024






N.e. Storage Installations Limited (Registered number: 11863324)






Contents of the Financial Statements
for the Year Ended 29th February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


N.e. Storage Installations Limited

Company Information
for the Year Ended 29th February 2024







DIRECTOR: N C Eggleshaw





REGISTERED OFFICE: 12 Bridgford Road
West Bridgford
Nottingham
NG2 6AB





REGISTERED NUMBER: 11863324 (England and Wales)





ACCOUNTANTS: Brooks Mayfield Limited
Chartered Accountants
12 Bridgford Road
West Bridgford
Nottinghamshire
NG2 6AB

N.e. Storage Installations Limited (Registered number: 11863324)

Balance Sheet
29th February 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 3,916 8,284

CURRENT ASSETS
Debtors 6 58,545 64,590
Cash at bank 13,985 9,431
72,530 74,021
CREDITORS
Amounts falling due within one year 7 (58,299 ) (36,772 )
NET CURRENT ASSETS 14,231 37,249
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,147

45,533

CREDITORS
Amounts falling due after more than one
year

8

(2,203

)

(5,818

)

PROVISIONS FOR LIABILITIES (744 ) (1,574 )
NET ASSETS 15,200 38,141

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 15,100 38,041
SHAREHOLDERS' FUNDS 15,200 38,141

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

N.e. Storage Installations Limited (Registered number: 11863324)

Balance Sheet - continued
29th February 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28th May 2024 and were signed by:





N C Eggleshaw - Director


N.e. Storage Installations Limited (Registered number: 11863324)

Notes to the Financial Statements
for the Year Ended 29th February 2024

1. STATUTORY INFORMATION

N.e. Storage Installations 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 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.

N.e. Storage Installations Limited (Registered number: 11863324)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st March 2023
and 29th February 2024 3,017 19,577 2,425 25,019
DEPRECIATION
At 1st March 2023 2,564 11,746 2,425 16,735
Charge for year 453 3,915 - 4,368
At 29th February 2024 3,017 15,661 2,425 21,103
NET BOOK VALUE
At 29th February 2024 - 3,916 - 3,916
At 28th February 2023 453 7,831 - 8,284

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 25,505 10,323
Other debtors 33,040 54,267
58,545 64,590

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,600 3,600
Trade creditors 3,278 1,899
Taxation and social security 11,092 7,515
Other creditors 40,329 23,758
58,299 36,772

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 2,203 5,818

N.e. Storage Installations Limited (Registered number: 11863324)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 5,803 9,418

Bank loans and hire purchase contracts are secured over the assets to which they concern.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29th February 2024 and 28th February 2023:

2024 2023
£    £   
N C Eggleshaw
Balance outstanding at start of year 29,045 30,546
Amounts advanced - 12,633
Amounts repaid - (14,134 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 29,045

The loan is interest free and cleared after the year end by way of dividend.