Acorah Software Products - Accounts Production 15.0.600 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 13406875 Mr Paul Crouch Mr Nicholaus Crouch iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13406875 2023-05-31 13406875 2024-05-31 13406875 2023-06-01 2024-05-31 13406875 frs-core:CurrentFinancialInstruments 2024-05-31 13406875 frs-core:ComputerEquipment 2024-05-31 13406875 frs-core:ComputerEquipment 2023-06-01 2024-05-31 13406875 frs-core:ComputerEquipment 2023-05-31 13406875 frs-core:FurnitureFittings 2024-05-31 13406875 frs-core:FurnitureFittings 2023-06-01 2024-05-31 13406875 frs-core:FurnitureFittings 2023-05-31 13406875 frs-core:MotorVehicles 2024-05-31 13406875 frs-core:MotorVehicles 2023-06-01 2024-05-31 13406875 frs-core:MotorVehicles 2023-05-31 13406875 frs-core:PlantMachinery 2024-05-31 13406875 frs-core:PlantMachinery 2023-06-01 2024-05-31 13406875 frs-core:PlantMachinery 2023-05-31 13406875 frs-core:ShareCapital 2024-05-31 13406875 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 13406875 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13406875 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 13406875 frs-bus:SmallEntities 2023-06-01 2024-05-31 13406875 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 13406875 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 13406875 frs-bus:Director1 2023-06-01 2024-05-31 13406875 frs-bus:Director2 2023-06-01 2024-05-31 13406875 frs-countries:EnglandWales 2023-06-01 2024-05-31 13406875 2022-05-31 13406875 2023-05-31 13406875 2022-06-01 2023-05-31 13406875 frs-core:CurrentFinancialInstruments 2023-05-31 13406875 frs-core:ShareCapital 2023-05-31 13406875 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 13406875
NPC Installations Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Mendip Accounting Solutions Ltd
6 Hill Road
Clevedon
North Somerset
BS21 7NE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13406875
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,916 18,771
13,916 18,771
CURRENT ASSETS
Debtors 5 3,778 10,113
Cash at bank and in hand 9,983 23,352
13,761 33,465
Creditors: Amounts Falling Due Within One Year 6 (19,009 ) (20,392 )
NET CURRENT ASSETS (LIABILITIES) (5,248 ) 13,073
TOTAL ASSETS LESS CURRENT LIABILITIES 8,668 31,844
NET ASSETS 8,668 31,844
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 8,568 31,744
SHAREHOLDERS' FUNDS 8,668 31,844
Page 1
Page 2
For the year ending 31 May 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Paul Crouch
Director
30/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
NPC Installations Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13406875 . The registered office is 6 Hill Road, Clevedon, North Somerset, BS21 7NE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 33% straight line
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 3)
2 3
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 June 2023 2,691 20,750 1,739 782 25,962
As at 31 May 2024 2,691 20,750 1,739 782 25,962
Depreciation
As at 1 June 2023 1,177 5,188 435 391 7,191
Provided during the period 379 3,890 326 260 4,855
As at 31 May 2024 1,556 9,078 761 651 12,046
Net Book Value
As at 31 May 2024 1,135 11,672 978 131 13,916
As at 1 June 2023 1,514 15,562 1,304 391 18,771
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 515 7,367
Prepayments and accrued income 3,263 2,746
3,778 10,113
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 5,598 2,491
Corporation tax 1,802 2,912
Other taxes and social security 1,302 748
VAT 2,006 9,217
Directors' loan accounts 8,301 5,024
19,009 20,392
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4