1 December 2022 false No description of principal activity Taxfiler 2024.5 05289141business:PrivateLimitedCompanyLtd2022-12-012023-11-30 052891412022-11-30 052891412022-12-012023-11-30 05289141business:AuditExempt-NoAccountantsReport2022-12-012023-11-30 05289141business:FilletedAccounts2022-12-012023-11-30 052891412023-11-30 05289141business:Director12022-12-012023-11-30 05289141business:Director22022-12-012023-11-30 05289141business:Director32022-12-012023-11-30 05289141business:CompanySecretary12022-12-012023-11-30 05289141business:RegisteredOffice2022-12-012023-11-30 052891412022-11-30 05289141core:WithinOneYear2023-11-30 05289141core:WithinOneYear2022-11-30 05289141core:AfterOneYear2023-11-30 05289141core:AfterOneYear2022-11-30 05289141core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 05289141core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 05289141core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 05289141core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 05289141core:PreviouslyStatedAmount2023-11-30 05289141core:PreviouslyStatedAmount2022-11-30 05289141business:SmallEntities2022-12-012023-11-30 05289141countries:EnglandWales2022-12-012023-11-30 05289141core:LandBuildings2022-11-30 05289141core:PlantMachinery2022-11-30 05289141core:LandBuildings2023-11-30 05289141core:PlantMachinery2023-11-30 05289141core:LandBuildings2022-12-012023-11-30 05289141core:PlantMachinery2022-12-012023-11-30 052891412021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 05289141 (England and Wales)
NAB Colours and Dispersions Limited Unaudited accounts for the year ended 30 November 2023
NAB Colours and Dispersions Limited Unaudited accounts Contents
Page
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NAB Colours and Dispersions Limited Company Information for the year ended 30 November 2023
Directors
Andrew Robertson Brian Guy Nicholas Whitehead
Secretary
Nicholas Whitehead
Company Number
05289141 (England and Wales)
Registered Office
Units 1 & 2 Trentside Ind. Park Second Avenue Flixborough Industrial Estate Scunthorpe DN15 8SD
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NAB Colours and Dispersions Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
113,535 
124,988 
Current assets
Inventories
38,266 
17,540 
Debtors
35,596 
46,576 
Cash at bank and in hand
- 
23,229 
73,862 
87,345 
Creditors: amounts falling due within one year
(60,865)
(66,102)
Net current assets
12,997 
21,243 
Total assets less current liabilities
126,532 
146,231 
Creditors: amounts falling due after more than one year
(31,518)
(45,921)
Provisions for liabilities
Deferred tax
(7,409)
(5,222)
Net assets
87,605 
95,088 
Capital and reserves
Called up share capital
999 
999 
Profit and loss account
86,606 
94,089 
Shareholders' funds
87,605 
95,088 
For the 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. 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 28 August 2024 and were signed on its behalf by
Nicholas Whitehead Director Company Registration No. 05289141
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NAB Colours and Dispersions Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
NAB Colours and Dispersions Limited is a private company, limited by shares, registered in England and Wales, registration number 05289141. The registered office is Units 1 & 2 Trentside Ind. Park, Second Avenue, Flixborough Industrial Estate, Scunthorpe, DN15 8SD.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
100,000 
95,605 
195,605 
At 30 November 2023
100,000 
95,605 
195,605 
Depreciation
At 1 December 2022
14,075 
56,542 
70,617 
Charge for the year
2,025 
9,428 
11,453 
At 30 November 2023
16,100 
65,970 
82,070 
Net book value
At 30 November 2023
83,900 
29,635 
113,535 
At 30 November 2022
85,925 
39,063 
124,988 
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NAB Colours and Dispersions Limited Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
31,596 
42,576 
Amounts falling due after more than one year
Other debtors
4,000 
4,000 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
24,851 
16,704 
Trade creditors
23,904 
37,151 
Taxes and social security
10,910 
11,047 
Accruals
1,200 
1,200 
60,865 
66,102 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
24,497 
38,900 
Loans from directors
7,021 
7,021 
31,518 
45,921 
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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