N B C (WATFORD) LTD

Company Registration Number:
04701273 (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

N B C (WATFORD) LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

N B C (WATFORD) LTD

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 78,367 35,017
Total fixed assets: 78,367 35,017
Current assets
Stocks: 65,000 65,000
Debtors:   544,837 349,036
Cash at bank and in hand: 627,377 789,847
Total current assets: 1,237,214 1,203,883
Creditors: amounts falling due within one year: 4 (170,035) (118,793)
Net current assets (liabilities): 1,067,179 1,085,090
Total assets less current liabilities: 1,145,546 1,120,107
Total net assets (liabilities): 1,145,546 1,120,107
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,145,446 1,120,007
Shareholders funds: 1,145,546 1,120,107

The notes form part of these financial statements

N B C (WATFORD) LTD

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 27 September 2024
and signed on behalf of the board by:

Name: S Parles
Status: Director

The notes form part of these financial statements

N B C (WATFORD) LTD

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

Turnover policy

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tangible fixed assets and depreciation policy

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Fixtures, fittings and equipment - 25% reducing balance Motor vehicles - 25% reducing balance Plant and Machinery - 25% reducing balance

N B C (WATFORD) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 14 14

N B C (WATFORD) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 329,266
Additions 69,472
At 31 March 2024 398,738
Depreciation
At 01 April 2023 294,249
Charge for year 26,122
At 31 March 2024 320,371
Net book value
At 31 March 2024 78,367
At 31 March 2023 35,017

N B C (WATFORD) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

2024 2023 £ £ Trade creditors 40,174 15,794 Taxation and social security 128,061 101,199 Accruals and deferred income 1,800 1,800 170,035 118,793