Registered Number:14392422 |
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 September 2024
Northey Tech Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Northey Tech Ltd
Statement of Financial Position
2023
2024
101,633
36,854
Property, plant and equipment |
59,290
43,255
2
160,923
80,109
18,358
18,958
3
Trade and other receivables |
323,994
214,889
4
17,150
Cash and cash equivalents |
78
233,925
359,502
Trade and other payables: amounts falling due within one |
year |
(385,105)
(330,664)
5
(25,603)
(96,739)
Net current liabilities
Total assets less current liabilities |
64,184
54,506
Trade and other payables: amounts falling due after more |
than one year |
(7,671)
(16,980)
6
47,204
Net assets
46,835
5,000
5,000
42,204
41,835
47,204
46,835
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 12 December 2024 and were signed by: |
1 of 4
For the year ended 30 September 2024
Northey Tech Ltd
Statement of Financial Position Continued
The notes form part of these financial statements |
2 of 4
For the year ended 30 September 2024
Northey Tech Ltd
Notes to the Financial Statements
Statutory Information
Northey Tech Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
14392422. |
Nortech House
Unit 34-35 Dawkins Road
Poole
Dorset
BH15 4JY
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of 10 years. |
Property, plant and equipment
Plant and Machinery
Motor Vehicles
2. Property, plant and equipment |
Motor Vehicles
50,673
15,673
35,000
26,183
-
26,183
-
(806)
(806)
60,377
15,673
76,050
Provision for depreciation and impairment |
7,418
3,918
3,500
Charge for year
9,342
3,918
5,424
16,760
7,836
8,924
51,453
7,837
59,290
31,500
11,755
43,255
3 of 4
For the year ended 30 September 2024
Northey Tech Ltd
Notes to the Financial Statements Continued
2023
2024
18,958
18,358
4. Trade and other receivables |
2023
2024
203,327
301,819
Amounts owed by group undertakings and participating interests |
11,450
22,175
112
-
323,994
214,889
5. Trade and other payables: amounts falling due within one year |
2023
2024
Bank loans and overdraft (secured) |
45,017
58,860
5,110
-
63,374
79,649
Amounts owed to group undertaking and undertaking in which the |
company has a participating interest |
12,425
12,425
Taxation and social security |
151,161
70,469
53,577
163,702
330,664
385,105
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
16,980
7,671
7. Average number of persons employed |
During the year the average number of employees was 13 (2023 : 10)
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