Company registration number 11695717 (England and Wales)
NORTHANTS PRECISION LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
NORTHANTS PRECISION LTD
COMPANY INFORMATION
Directors
Mr DW Green
Mrs K Green
Company number
11695717
Registered office
8 Ryehill Court
Lodge Farm Industrial Estate
Northyampton
Northamptonshire
United Kingdom
NN5 7EU
Accountants
Hares Accountants Ltd
30 Harborough Road
Northampton
Northamptonshire
NN2 7AZ
NORTHANTS PRECISION LTD
CONTENTS
Page
Directors' report
1
Accountants' report
2
Profit and loss account
3
Balance sheet and notes to the financial statements
4 - 5
NORTHANTS PRECISION LTD
DIRECTORS' REPORT
FOR THE YEAR ENDED 30 NOVEMBER 2023
- 1 -
The directors present their annual report and financial statements for the year ended 30 November 2023.
Principal activities
The principal activity of the company continued to be that of Other engineering activities
Directors
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
Mr DW Green
Mrs K Green
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption.
On behalf of the board
Mr DW Green
Mrs K Green
Director
Director
15 February 2024
NORTHANTS PRECISION LTD
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF NORTHANTS PRECISION LTD FOR THE YEAR ENDED 30 NOVEMBER 2023
- 2 -
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 30 November 2023.
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the directors for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
It is your duty to ensure that Northants Precision Ltd has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Northants Precision Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Northants Precision Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Hares Accountants Ltd
15 February 2024
Licensed Accountants
30 Harborough Road
Northampton
Northamptonshire
NN2 7AZ
NORTHANTS PRECISION LTD
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 NOVEMBER 2023
- 3 -
2023
2022
£
£
Turnover
475,466
334,914
Other income
302
3,638
Cost of raw materials and consumables
(66,582)
(31,367)
Staff costs
(98,489)
(72,035)
Depreciation and other amounts written off assets
(61,539)
(37,935)
Other charges
(122,697)
(96,322)
Profit
126,461
100,893
NORTHANTS PRECISION LTD
BALANCE SHEET
AS AT 30 NOVEMBER 2023
30 November 2023
- 4 -
2023
2022
£
£
£
£
Fixed assets
399,263
377,875
Current assets
125,108
35,959
Creditors: amounts falling due within one year
(201,019)
(130,756)
Net current liabilities
(75,911)
(94,797)
Total assets less current liabilities
323,352
283,078
Creditors: amounts falling due after more than one year
(190,628)
(201,915)
Net assets
132,724
81,163
Capital and reserves
132,724
81,163
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
4
4
Northants Precision Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 8 Ryehill Court, Lodge Farm Industrial Estate, Northyampton, Northamptonshire, United Kingdom, NN5 7EU.
For the year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to companies subject to the small companies regime.
NORTHANTS PRECISION LTD
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023
30 November 2023
- 5 -
The financial statements were approved by the board of directors and authorised for issue on 15 February 2024 and are signed on its behalf by:
Mr DW Green
Mrs K Green
Director
Director
Company registration number 11695717 (England and Wales)