Company Registration No. 11798316 (England and Wales)
NBC CERAMICS LIMITED
Unaudited accounts
for the year ended 31 January 2024
NBC CERAMICS LIMITED
Unaudited accounts
Contents
NBC CERAMICS LIMITED
Company Information
for the year ended 31 January 2024
Directors
Neil Cook
Samantha Cook
Company Number
11798316 (England and Wales)
Registered Office
1A PRINCES WALK
LOWESTOFT
NR32 2QW
UNITED KINGDOM
Accountants
P Lacey & Associates Ltd
Office 17
2 Regent House
Lowestoft
NR32 1PA
NBC CERAMICS LIMITED
Statement of financial position
as at 31 January 2024
Tangible assets
12,665
13,402
Cash at bank and in hand
37,852
18,419
Creditors: amounts falling due within one year
(8,729)
(7,675)
Net current assets
56,675
45,131
Total assets less current liabilities
69,340
58,533
Creditors: amounts falling due after more than one year
(8,813)
(9,885)
Called up share capital
2
2
Profit and loss account
60,525
48,646
Shareholders' funds
60,527
48,648
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 25 July 2024 and were signed on its behalf by
Neil Cook
Director
Company Registration No. 11798316
NBC CERAMICS LIMITED
Notes to the Accounts
for the year ended 31 January 2024
NBC CERAMICS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11798316. The registered office is 1A PRINCES WALK, LOWESTOFT, NR32 2QW, UNITED KINGDOM.
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.
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.
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:
Motor vehicles
20% reducing balance
Computer equipment
20% reducing balance
NBC CERAMICS LIMITED
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
25,200
-
25,200
Additions
15,495
336
15,831
Disposals
(25,200)
-
(25,200)
At 31 January 2024
15,495
336
15,831
At 1 February 2023
11,798
-
11,798
Charge for the year
3,099
67
3,166
On disposals
(11,798)
-
(11,798)
At 31 January 2024
3,099
67
3,166
At 31 January 2024
12,396
269
12,665
At 31 January 2023
13,402
-
13,402
Amounts falling due within one year
Other debtors
11,187
26,732
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
8,729
7,040
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).