NORDIC TIMBER LIMITED

Company Registration Number:
10883147 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

NORDIC TIMBER LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

NORDIC TIMBER LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 7,871 5,919
Total fixed assets: 7,871 5,919
Current assets
Stocks: 168,510 178,028
Debtors:   123,193 128,513
Cash at bank and in hand: 41,603 59,247
Total current assets: 333,306 365,788
Creditors: amounts falling due within one year:   (147,024) (148,013)
Net current assets (liabilities): 186,282 217,775
Total assets less current liabilities: 194,153 223,694
Creditors: amounts falling due after more than one year:   (27,950) (27,950)
Total net assets (liabilities): 166,203 195,744
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 166,202 195,743
Shareholders funds: 166,203 195,744

The notes form part of these financial statements

NORDIC TIMBER LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 October 2024
and signed on behalf of the board by:

Name: K D Sorenson
Status: Director

The notes form part of these financial statements

NORDIC TIMBER LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NORDIC TIMBER LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 4 3

NORDIC TIMBER LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 27,224
Additions 5,220
Disposals (8,750)
At 31 March 2024 23,694
Depreciation
At 01 April 2023 21,305
Charge for year 1,518
On disposals (7,000)
At 31 March 2024 15,823
Net book value
At 31 March 2024 7,871
At 31 March 2023 5,919