Registered number
12193801
Norfolk Electrical & Testing Limited
Filleted Accounts
31 August 2024
Norfolk Electrical & Testing Limited
Registered number: 12193801
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 15,784 6,499
Current assets
CIS Suffered HMRC PAYE 110 -
Debtors 4 9,597 10,919
Cash at bank and in hand 15,487 13,735
25,194 24,654
Creditors: amounts falling due within one year 5 (27,255) (25,436)
Net current liabilities (2,061) (782)
Total assets less current liabilities 13,723 5,717
Creditors: amounts falling due after more than one year 6 (8,765) (5,426)
Net assets 4,958 291
Capital and reserves
Profit and loss account 4,958 291
Shareholder's funds 4,958 291
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Gary Hughes
Director
Approved by the board on 25 September 2024
Norfolk Electrical & Testing Limited
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 September 2023 19,081
Additions 18,740
At 31 August 2024 37,821
Depreciation
At 1 September 2023 12,582
Charge for the year 9,455
At 31 August 2024 22,037
Net book value
At 31 August 2024 15,784
At 31 August 2023 6,499
4 Debtors 2024 2023
£ £
Trade debtors 9,597 10,919
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts - 1,535
Trade creditors 2,319 9,727
Taxation and social security costs 3,107 251
Other creditors 21,829 13,923
27,255 25,436
6 Creditors: amounts falling due after one year 2024 2023
£ £
Loan - Sian Hughes 238 2,289
Motonovo Finance 1,249 3,137
Northridge Finance 7,278 -
8,765 5,426
7 Other information
Norfolk Electrical & Testing Limited is a private company limited by shares and incorporated in England. Its registered office is:
50 Evans Way
Old Catton
Norwich
Norfolk
NR6 7LR
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