Company Registration No. NI672502 (Northern Ireland)
North West Scales & Epos Solutions Ltd
Unaudited accounts
for the year ended 29 February 2024
North West Scales & Epos Solutions Ltd
Unaudited accounts
Contents
North West Scales & Epos Solutions Ltd
Company Information
for the year ended 29 February 2024
Directors
Damien Conaghan
Charles Conaghan
Company Number
NI672502 (Northern Ireland)
Registered Office
UNIT 15, NW BUSINESS COMPLEX
Skeoge Ind Est
L'Derry
Derry
BT48 8SE
United Kingdom
Accountants
Michael Bolster
Unit 18, Northwest Business Complex
Skeoge Industrial Estate
L'Derry
BT48 8SE
North West Scales & Epos Solutions Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
53,567
34,558
Cash at bank and in hand
265,660
173,730
Creditors: amounts falling due within one year
(178,204)
(44,429)
Net current assets
221,243
215,010
Net assets
274,810
249,568
Called up share capital
100
100
Profit and loss account
274,710
249,468
Shareholders' funds
274,810
249,568
For the year ending 29 February 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 directors acknowledge their 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 of Directors and authorised for issue on 24 April 2024 and were signed on its behalf by
Damien Conaghan
Director
Company Registration No. NI672502
North West Scales & Epos Solutions Ltd
Notes to the Accounts
for the year ended 29 February 2024
North West Scales & Epos Solutions Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI672502. The registered office is UNIT 15, NW BUSINESS COMPLEX, Skeoge Ind Est, L'Derry, Derry, BT48 8SE, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
50,980
2,130
486
53,596
Additions
32,255
-
-
32,255
At 29 February 2024
83,235
2,130
486
85,851
At 1 March 2023
18,353
592
93
19,038
Charge for the year
12,976
231
39
13,246
At 29 February 2024
31,329
823
132
32,284
At 29 February 2024
51,906
1,307
354
53,567
At 28 February 2023
32,627
1,538
393
34,558
North West Scales & Epos Solutions Ltd
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Trade debtors
111,233
85,709
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
57,127
42,590
Taxes and social security
67,687
30,759
Loans from directors
26,323
(52,033)
7
Average number of employees
During the year the average number of employees was 7 (2023: 7).