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Company Registration No. 9388184 (England and Wales)
NE EXECUTIVE LTD Unaudited accounts for the year ended 31 January 2024
NE EXECUTIVE LTD Unaudited accounts Contents
Page
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NE EXECUTIVE LTD Company Information for the year ended 31 January 2024
Director
Eun Dunbar
Company Number
9388184 (England and Wales)
Registered Office
Unit 3 Larch Court West Chirton North Industrial Estate North Shields Tyne & Wear NE29 8SG
Accountants
C3 Accountancy Ltd 10 Hamilton Avenue Dumfries DG2 7LW
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NE EXECUTIVE LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
34,827 
Current assets
Debtors
15,010 
- 
Cash at bank and in hand
2,395 
1,739 
17,405 
1,739 
Creditors: amounts falling due within one year
(105,875)
(71,935)
Net current liabilities
(88,470)
(70,196)
Total assets less current liabilities
(88,470)
(35,369)
Creditors: amounts falling due after more than one year
(132,000)
(148,111)
Net liabilities
(220,470)
(183,480)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(220,480)
(183,490)
Shareholders' funds
(220,470)
(183,480)
For the year ending 31 January 2024 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 30 October 2024 and were signed on its behalf by
Eun Dunbar Director Company Registration No. 9388184
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NE EXECUTIVE LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
NE EXECUTIVE LTD is a private company, limited by shares, registered in England and Wales, registration number 9388184. The registered office is Unit 3 Larch Court, West Chirton North Industrial Estate, North Shields, Tyne & Wear, NE29 8SG.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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: 18% on a reducing balance.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
39,605 
17,106 
17,369 
74,080 
Disposals
(10,573)
(11,502)
(6,483)
(28,558)
At 31 January 2024
29,032 
5,604 
10,886 
45,522 
Depreciation
At 1 February 2023
26,711 
3,079 
9,463 
39,253 
Charge for the year
2,321 
2,525 
1,423 
6,269 
At 31 January 2024
29,032 
5,604 
10,886 
45,522 
Net book value
At 31 January 2024
- 
- 
- 
- 
At 31 January 2023
12,894 
14,027 
7,906 
34,827 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
15,010 
- 
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NE EXECUTIVE LTD Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,228 
10,158 
VAT
88,069 
50,729 
Taxes and social security
7,578 
5,465 
Other creditors
- 
5,583 
105,875 
71,935 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
17,318 
27,366 
Loans from directors
114,682 
120,745 
132,000 
148,111 
8
Average number of employees
During the year the average number of employees was 7 (2023: 8).
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