Company Registration No. 12002659 (England and Wales)
NORTHEAST PLANT SPECIALISTS LTD
Unaudited accounts
for the year ended 31 May 2024
NORTHEAST PLANT SPECIALISTS LTD
Unaudited accounts
Contents
NORTHEAST PLANT SPECIALISTS LTD
Company Information
for the year ended 31 May 2024
Company Number
12002659 (England and Wales)
Registered Office
27 ROSEBERRY AVENUE
GREAT AYTON
MIDDLESBROUGH
NORTH YORKSHIRE
TS9 6EN
UNITED KINGDOM
Accountants
Michael Thompson
1 Broadoaks Way
Ingleby Barwick
Stockton on Tees
TS17 5BY
NORTHEAST PLANT SPECIALISTS LTD
Statement of financial position
as at 31 May 2024
Tangible assets
63,813
45,663
Cash at bank and in hand
12,555
11,111
Creditors: amounts falling due within one year
(53,910)
(27,039)
Net current (liabilities)/assets
(20,270)
1,865
Total assets less current liabilities
43,543
47,528
Creditors: amounts falling due after more than one year
(25,503)
(23,292)
Called up share capital
1
1
Profit and loss account
18,039
24,235
Shareholders' funds
18,040
24,236
For the year ending 31 May 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 4 January 2025 and were signed on its behalf by
Ross Stonehouse
Director
Company Registration No. 12002659
NORTHEAST PLANT SPECIALISTS LTD
Notes to the Accounts
for the year ended 31 May 2024
NORTHEAST PLANT SPECIALISTS LTD is a private company, limited by shares, registered in England and Wales, registration number 12002659. The registered office is 27 ROSEBERRY AVENUE, GREAT AYTON, MIDDLESBROUGH, NORTH YORKSHIRE, TS9 6EN, 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
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2023
15,163
30,500
45,663
At 31 May 2024
15,163
60,065
75,228
Charge for the year
3,790
7,625
11,415
At 31 May 2024
3,790
7,625
11,415
At 31 May 2024
11,373
52,440
63,813
At 31 May 2023
15,163
30,500
45,663
NORTHEAST PLANT SPECIALISTS LTD
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
18,736
17,793
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,468
-
Obligations under finance leases and hire purchase contracts
11,766
5,004
Trade creditors
11,565
7,387
Loans from directors
27,111
10,835
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
25,503
23,292
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).