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Company Registration No. 8398897 (England and Wales)
N C E Solutions Limited Unaudited accounts for the year ended 29 February 2024
N C E Solutions Limited Unaudited accounts Contents
Page
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N C E Solutions Limited Company Information for the year ended 29 February 2024
Director
N Cresswell
Company Number
8398897 (England and Wales)
Registered Office
123 Cross Lane East Gravesend Kent DA12 5HA
Accountants
Clayton Stirling 123 Cross Lane East Gravesend Kent DA12 5HA
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N C E Solutions Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,065 
27 
Current assets
Inventories
136,357 
100,964 
Debtors
96,004 
157,489 
Cash at bank and in hand
21,688 
55,615 
254,049 
314,068 
Creditors: amounts falling due within one year
(76,685)
(99,303)
Net current assets
177,364 
214,765 
Total assets less current liabilities
178,429 
214,792 
Creditors: amounts falling due after more than one year
(13,957)
(24,127)
Net assets
164,472 
190,665 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
164,469 
190,662 
Shareholders' funds
164,472 
190,665 
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 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 28 November 2024 and were signed on its behalf by
N Cresswell Director Company Registration No. 8398897
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N C E Solutions Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
N C E Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 8398897. The registered office is 123 Cross Lane East, Gravesend, Kent, DA12 5HA.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
20% reducing balance basis
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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N C E Solutions Limited Notes to the Accounts for the year ended 29 February 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2023
6,395 
Additions
1,083 
At 29 February 2024
7,478 
Depreciation
At 1 March 2023
6,368 
Charge for the year
45 
At 29 February 2024
6,413 
Net book value
At 29 February 2024
1,065 
At 28 February 2023
27 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
73,158 
132,237 
Accrued income and prepayments
- 
681 
Other debtors
22,846 
24,571 
96,004 
157,489 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,170 
9,915 
Trade creditors
46,201 
65,832 
Taxes and social security
19,282 
22,585 
Accruals
1,032 
971 
76,685 
99,303 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
13,957 
24,127 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
1 B Ordinary shares of £1 each
1 
1 
3 
3 
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N C E Solutions Limited Notes to the Accounts for the year ended 29 February 2024
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
N Cresswell
24,571 
49,013 
50,780 
22,804 
24,571 
49,013 
50,780 
22,804 
10
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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