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REGISTERED NUMBER: 07344975 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 30 August 2023

for

NORTHERN SITE ELECTRICS LIMITED

NORTHERN SITE ELECTRICS LIMITED (REGISTERED NUMBER: 07344975)






Contents of the Financial Statements
for the Year Ended 30 August 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


NORTHERN SITE ELECTRICS LIMITED

Company Information
for the Year Ended 30 August 2023







DIRECTORS: K P Hickey
J Hickey



REGISTERED OFFICE: 573 Chester Road
Sutton Coldfield
West Midlands
B73 5HU



REGISTERED NUMBER: 07344975 (England and Wales)



ACCOUNTANTS: A K Papadamou & Co
Accountants & Tax Advisors
573 Chester Road
Sutton Coldfield
West Midlands
B73 5HU



BANKERS: HSBC
35 College Street
Rotherham
South Yorkshire
S65 1AF

NORTHERN SITE ELECTRICS LIMITED (REGISTERED NUMBER: 07344975)

Statement of Financial Position
30 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 91,734 115,026

CURRENT ASSETS
Stocks 83,015 93,550
Debtors 5 174,723 259,470
Cash at bank 147,542 13,525
405,280 366,545
CREDITORS
Amounts falling due within one year 6 225,225 263,374
NET CURRENT ASSETS 180,055 103,171
TOTAL ASSETS LESS CURRENT
LIABILITIES

271,789

218,197

CREDITORS
Amounts falling due after more than one
year

7

51,191

83,343
NET ASSETS 220,598 134,854

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 219,598 133,854
SHAREHOLDERS' FUNDS 220,598 134,854

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 August 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

NORTHERN SITE ELECTRICS LIMITED (REGISTERED NUMBER: 07344975)

Statement of Financial Position - continued
30 August 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 June 2024 and were signed on its behalf by:





K P Hickey - Director


NORTHERN SITE ELECTRICS LIMITED (REGISTERED NUMBER: 07344975)

Notes to the Financial Statements
for the Year Ended 30 August 2023

1. STATUTORY INFORMATION

Northern Site Electrics 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.

2. ACCOUNTING POLICIES

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

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

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 reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2022 - 14 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 31 August 2022
and 30 August 2023 8,043 220,436 228,479
DEPRECIATION
At 31 August 2022 6,207 107,246 113,453
Charge for year 654 22,638 23,292
At 30 August 2023 6,861 129,884 136,745
NET BOOK VALUE
At 30 August 2023 1,182 90,552 91,734
At 30 August 2022 1,836 113,190 115,026

NORTHERN SITE ELECTRICS LIMITED (REGISTERED NUMBER: 07344975)

Notes to the Financial Statements - continued
for the Year Ended 30 August 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 132,805 205,860
Other debtors 41,918 53,610
174,723 259,470

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 33,951 34,320
Trade creditors 183,485 248,495
Taxation and social security 6,393 (26,826 )
Other creditors 1,396 7,385
225,225 263,374

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 51,191 83,343

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr J and Mr K Hickey.