Powder Coatings Northern Limited
for the
Year Ended 30 November 2023
Registration number:
Powder Coatings Northern Limited
Company Information
Directors |
D Grindrod A Grindrod |
Company secretary |
G Grindrod |
Registered office |
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Accountants |
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Powder Coatings Northern Limited
(Registration number: 2297998)
Balance Sheet as at 30 November 2023
2023 |
2022 |
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Fixed assets |
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Current assets |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Accruals and deferred income |
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Total capital and reserves |
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Notes to the Financial Accounts
General information |
The company is a private company limited by share capital, incorporated in England and Wales. The address of its registered office is
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
Related party transactions |
At the year end the company was owed £32,932 from a director of the company who has a joint loan account with his wife, who is also a shareholder. The loan account was overdrawn to a maximum of £34,765 in the year (2022 - £27,430). During the year the company made total advances of £70,702 and received credits of £57,309. Interest has been charged on this loan on a commercial basis and it is repayable on demand.
Another director and shareholder of the company has a joint loan account with his wife, who is also a shareholder. This loan account was in credit at both the 2022 and 2023 year ends but was overdrawn to a maximum of £6,163 in the year.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Financial commitments, guarantees and contingencies |
Amounts disclosed in the balance sheet
Included in the balance sheet are employer pension contributions paid after date of £146 (2022 - £142).
Powder Coatings Northern Limited
(Registration number: 2297998)
Balance Sheet as at 30 November 2023
These financial accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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