IRIS Accounts Production v24.1.9.2 04258758 director 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh042587582022-12-31042587582023-12-31042587582023-01-012023-12-31042587582021-12-31042587582022-01-012022-12-31042587582022-12-3104258758ns14:PoundSterling2023-01-012023-12-3104258758ns10:Director12023-01-012023-12-3104258758ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3104258758ns10:SmallEntities2023-01-012023-12-3104258758ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3104258758ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3104258758ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3104258758ns10:FullAccounts2023-01-012023-12-3104258758ns10:RegisteredOffice2023-01-012023-12-3104258758ns5:CurrentFinancialInstruments2023-12-3104258758ns5:CurrentFinancialInstruments2022-12-3104258758ns5:Non-currentFinancialInstruments2023-12-3104258758ns5:Non-currentFinancialInstruments2022-12-3104258758ns5:ShareCapital2023-12-3104258758ns5:ShareCapital2022-12-3104258758ns5:RetainedEarningsAccumulatedLosses2023-12-3104258758ns5:RetainedEarningsAccumulatedLosses2022-12-3104258758ns5:PlantMachinery2022-12-3104258758ns5:FurnitureFittings2022-12-3104258758ns5:MotorVehicles2022-12-3104258758ns5:PlantMachinery2023-01-012023-12-3104258758ns5:FurnitureFittings2023-01-012023-12-3104258758ns5:MotorVehicles2023-01-012023-12-3104258758ns5:PlantMachinery2023-12-3104258758ns5:FurnitureFittings2023-12-3104258758ns5:MotorVehicles2023-12-3104258758ns5:PlantMachinery2022-12-3104258758ns5:FurnitureFittings2022-12-3104258758ns5:MotorVehicles2022-12-3104258758ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-12-3104258758ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-12-3104258758ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-12-3104258758ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3104258758ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 04258758


































Unaudited Financial Statements

for the Year Ended 31 December 2023

for

NMB PARTITIONS LIMITED

NMB PARTITIONS LIMITED (REGISTERED NUMBER: 04258758)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NMB PARTITIONS LIMITED

Company Information
for the year ended 31 December 2023







DIRECTOR: N Blades





REGISTERED OFFICE: Kensington House
3 Kensington
Bishop Auckland
Co. Durham
DL14 6HX





REGISTERED NUMBER: 04258758





ACCOUNTANTS: Mitchells Grievson Limited
Kensington House
3 Kensington
Bishop Auckland
Co. Durham
DL14 6HX

NMB PARTITIONS LIMITED (REGISTERED NUMBER: 04258758)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,047 4,063

CURRENT ASSETS
Stocks 24,958 607
Debtors 5 14,939 13,261
Cash at bank 81,306 140,687
121,203 154,555
CREDITORS
Amounts falling due within one year 6 8,678 14,805
NET CURRENT ASSETS 112,525 139,750
TOTAL ASSETS LESS CURRENT
LIABILITIES

115,572

143,813

CREDITORS
Amounts falling due after more than one year 7 5,936 8,947
NET ASSETS 109,636 134,866

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 109,635 134,865
SHAREHOLDERS' FUNDS 109,636 134,866

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

NMB PARTITIONS LIMITED (REGISTERED NUMBER: 04258758)

Balance Sheet - continued
31 December 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 director and authorised for issue on 24 July 2024 and were signed by:





N Blades - Director


NMB PARTITIONS LIMITED (REGISTERED NUMBER: 04258758)

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

NMB Partitions Limited is a private company, limited by shares , registered in Not specified/Other. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery - 20% on cost
Motor vehicles - 25% on cost
Office equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

NMB PARTITIONS LIMITED (REGISTERED NUMBER: 04258758)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 January 2023
and 31 December 2023 15,997 3,588 40,546 60,131
DEPRECIATION
At 1 January 2023 15,997 3,588 36,483 56,068
Charge for year - - 1,016 1,016
At 31 December 2023 15,997 3,588 37,499 57,084
NET BOOK VALUE
At 31 December 2023 - - 3,047 3,047
At 31 December 2022 - - 4,063 4,063

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Motor
vehicles
£   
COST
At 1 January 2023
DEPRECIATION
At 1 January 2023
and 31 December 2023 3,899
NET BOOK VALUE
At 31 December 2023 (3,899 )
At 31 December 2022 (3,899 )

NMB PARTITIONS LIMITED (REGISTERED NUMBER: 04258758)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 14,939 13,261

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 3,012 2,938
Trade creditors 470 1,310
Taxation and social security 2,999 7,603
Other creditors 2,197 2,954
8,678 14,805

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 5,936 8,947

8. SECURED DEBTS

Obligations under hire purchase contracts are secured on the assets to which they relate.

9. RELATED PARTY DISCLOSURES



The company was under the control of N Blades during the current period. N Blades is a director and 100% shareholder.