2 21/12/2022 31/12/2023 2023-12-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2022-12-21 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 14552897 2022-12-21 2023-12-31 14552897 2023-12-31 14552897 2022-12-20 14552897 bus:RegisteredOffice 2022-12-21 2023-12-31 14552897 bus:LeadAgentIfApplicable 2022-12-21 2023-12-31 14552897 bus:Director1 2022-12-21 2023-12-31 14552897 bus:Director2 2022-12-21 2023-12-31 14552897 bus:Director1 2023-12-31 14552897 bus:Micro-entities 2022-12-21 2023-12-31 14552897 bus:AuditExemptWithAccountantsReport 2022-12-21 2023-12-31 14552897 bus:SmallCompaniesRegimeForAccounts 2022-12-21 2023-12-31 14552897 bus:PrivateLimitedCompanyLtd 2022-12-21 2023-12-31 14552897 bus:FullAccounts 2022-12-21 2023-12-31
Company registration number: 14552897
NE Oil Ltd
Unaudited filleted financial statements
31 December 2023
NE Oil Ltd
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
NE Oil Ltd
Directors and other information
Directors R.G. Ward (Appointed 21st December 2022)
I. Ward (Appointed 21st December 2022)
Company number 14552897
Registered office 246 Park View
Whitley Bay
Tyne and Wear
NE26 3QX
Accountants Harrison Hutchinson Ltd
246 Park View
Whitley Bay
Tyne and Wear
NE26 3QX
NE Oil Ltd
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of NE Oil Ltd
Period ended 31st December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of NE Oil Ltd for the period ended 31st December 2023 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of NE Oil Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of NE Oil Ltd and state those matters that we have agreed to state to the board of directors of NE Oil Ltd as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than NE Oil Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that NE Oil Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of NE Oil Ltd. You consider that NE Oil Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the financial statements of NE Oil Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Harrison Hutchinson Ltd
Chartered Accountant
246 Park View
Whitley Bay
Tyne and Wear
NE26 3QX
NE Oil Ltd
Statement of financial position
31st December 2023
31/12/23
£ £
Fixed assets 996
_______
Current assets 6,938
Creditors: amounts falling due within one year (6,296)
_______
Net current assets 642
_______
Total assets less current liabilities 1,638
Accruals and deferred income ( 1,080)
_______
Net assets 558
_______
Capital and reserves 558
_______
Notes to the financial statements
NE Oil Ltd
Period ended 31st December 2023
1. Employee numbers
The average number of persons employed by the company during the period amounted to 2
2. Directors advances, credits and guarantees
During the period the directors entered into the following advances and credits with the company:
Period ended 31/12/23
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
R.G. Ward - ( 447) ( 447)
_______ _______ _______
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.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 13 September 2024 , and are signed on behalf of the board by:
R.G. Ward
Director
Company registration number: 14552897
The company is a private company limited by shares, registered in England and Wales.