Company Registration No. 14534516 (England and Wales)
NW CNC Limited
Unaudited accounts
for the period from 12 December 2022 to 31 December 2023
NW CNC Limited
Unaudited accounts
Contents
NW CNC Limited
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
6,408
Creditors: amounts falling due within one year
(33,753)
Net current liabilities
(16,101)
Profit and loss account
3,187
For the period ending 31 December 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 director acknowledges his 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 and authorised for issue on 5 September 2024 and were signed on its behalf by
A. Argyle
Director
Company Registration No. 14534516
NW CNC Limited
Notes to the Accounts
for the period from 12 December 2022 to 31 December 2023
NW CNC Limited is a private company, limited by shares, registered in England and Wales, registration number 14534516. The registered office is 1 Forge Way, Chester, Cheshire, CH4 7NN, England.
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 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.
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:
Plant & machinery
25% Reducing balance basis
Computer equipment
25% Reducing balance basi
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 12 December 2022
-
-
-
-
Additions
26,259
3,500
3,024
32,783
Disposals
(7,064)
-
-
(7,064)
At 31 December 2023
19,195
3,500
3,024
25,719
Charge for the period
6,565
875
756
8,196
On disposals
(1,766)
-
-
(1,766)
At 31 December 2023
4,799
875
756
6,430
At 31 December 2023
14,396
2,625
2,268
19,289
Amounts falling due within one year
NW CNC Limited
Notes to the Accounts
for the period from 12 December 2022 to 31 December 2023
6
Creditors: amounts falling due within one year
2023
Taxes and social security
1,530
Loans from directors
30,218
7
Average number of employees
During the period the average number of employees was 1.