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
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
NAB Colours and Dispersions Limited
Statement of financial position
as at 30 November 2023
Tangible assets
113,535
124,988
Cash at bank and in hand
-
23,229
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)
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
NAB Colours and Dispersions Limited
Notes to the Accounts
for the year ended 30 November 2023
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.
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 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:
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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
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
At 30 November 2023
83,900
29,635
113,535
At 30 November 2022
85,925
39,063
124,988
NAB Colours and Dispersions Limited
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Trade debtors
31,596
42,576
Amounts falling due after more than one year
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
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
7,021
7,021
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Average number of employees
During the year the average number of employees was 5 (2022: 5).