IRIS Accounts Production v24.2.0.383 04993160 Board of Directors Board of Directors 1.5.23 30.4.24 30.4.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh049931602023-04-30049931602024-04-30049931602023-05-012024-04-30049931602022-04-30049931602022-05-012023-04-30049931602023-04-3004993160ns15:EnglandWales2023-05-012024-04-3004993160ns14:PoundSterling2023-05-012024-04-3004993160ns10:Director12023-05-012024-04-3004993160ns10:Director22023-05-012024-04-3004993160ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3004993160ns10:SmallEntities2023-05-012024-04-3004993160ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3004993160ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3004993160ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3004993160ns10:FullAccounts2023-05-012024-04-300499316012023-05-012024-04-3004993160ns10:CompanySecretary12023-05-012024-04-3004993160ns10:RegisteredOffice2023-05-012024-04-3004993160ns5:CurrentFinancialInstruments2024-04-3004993160ns5:CurrentFinancialInstruments2023-04-3004993160ns5:Non-currentFinancialInstruments2024-04-3004993160ns5:Non-currentFinancialInstruments2023-04-3004993160ns5:ShareCapital2024-04-3004993160ns5:ShareCapital2023-04-3004993160ns5:RetainedEarningsAccumulatedLosses2024-04-3004993160ns5:RetainedEarningsAccumulatedLosses2023-04-3004993160ns5:NetGoodwill2023-05-012024-04-3004993160ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3004993160ns5:PlantMachinery2023-05-012024-04-3004993160ns5:FurnitureFittings2023-05-012024-04-3004993160ns5:MotorVehicles2023-05-012024-04-3004993160ns5:ComputerEquipment2023-05-012024-04-3004993160ns5:NetGoodwill2023-04-3004993160ns5:NetGoodwill2024-04-3004993160ns5:NetGoodwill2023-04-3004993160ns5:PlantMachinery2023-04-3004993160ns5:PlantMachinery2024-04-3004993160ns5:PlantMachinery2023-04-3004993160ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3004993160ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-30
REGISTERED NUMBER: 04993160 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30 April 2024

for

North East Controls Limited

North East Controls Limited (Registered number: 04993160)






Contents of the Financial Statements
for the year ended 30 April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


North East Controls Limited

Company Information
for the year ended 30 April 2024







DIRECTORS: M L Brown
D Illman





SECRETARY: M L Brown





REGISTERED OFFICE: Allison Business Centre
Allison Crescent
Sheffield
S2 1AS





REGISTERED NUMBER: 04993160 (England and Wales)





ACCOUNTANTS: TTR Barnes Limited
Chartered Accountants
3-5 Grange Terrace
Stockton Road
Sunderland
Tyne & Wear
SR2 7DG

North East Controls Limited (Registered number: 04993160)

Statement of Financial Position
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 62,159 80,737
62,159 80,737

CURRENT ASSETS
Debtors 6 111,679 341,579
Cash at bank 497,353 623,877
609,032 965,456
CREDITORS
Amounts falling due within one year 7 138,500 378,244
NET CURRENT ASSETS 470,532 587,212
TOTAL ASSETS LESS CURRENT
LIABILITIES

532,691

667,949

CREDITORS
Amounts falling due after more than one
year

8

-

(36,907

)

PROVISIONS FOR LIABILITIES (6,113 ) (10,601 )
NET ASSETS 526,578 620,441

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 526,576 620,439
SHAREHOLDERS' FUNDS 526,578 620,441

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

North East Controls Limited (Registered number: 04993160)

Statement of Financial Position - continued
30 April 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by:




D Illman - Director



M L Brown - Director


North East Controls Limited (Registered number: 04993160)

Notes to the Financial Statements
for the year ended 30 April 2024

1. STATUTORY INFORMATION

North East Controls Limited is a private company, limited by shares , registered in England and Wales. 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.

The financial statements have been prepared on the going concern basis, which assumes that the company will continue in operational existence for the foreseeable future, which the directors consider appropriate.

Turnover
Turnover represents net sales of services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business, has now been filly amortised.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% straight line

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are recognised at transaction value and subsequently measured at their settlement value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


North East Controls Limited (Registered number: 04993160)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 225,000
AMORTISATION
At 1 May 2023
and 30 April 2024 225,000
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

North East Controls Limited (Registered number: 04993160)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 115,432
Additions 2,777
At 30 April 2024 118,209
DEPRECIATION
At 1 May 2023 34,695
Charge for year 21,355
At 30 April 2024 56,050
NET BOOK VALUE
At 30 April 2024 62,159
At 30 April 2023 80,737

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 100,452 311,538
Other debtors 11,227 30,041
111,679 341,579

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 5,873
Trade creditors 25,244 224,696
Taxation and social security 99,052 136,691
Other creditors 14,204 10,984
138,500 378,244

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts - 36,907

North East Controls Limited (Registered number: 04993160)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts - 42,780

Hire purchase liabilities are secured over the assets to which they relate.