2023-10-01 14392422 2024-09-30 14392422 2023-10-01 2024-09-30 14392422 2023-09-30 14392422 2022-10-03 2023-09-30 14392422 uk-core:WithinOneYear 2023-09-30 14392422 uk-core:WithinOneYear 2024-09-30 14392422 uk-core:AfterOneYear 2023-09-30 14392422 uk-core:AfterOneYear 2024-09-30 14392422 uk-core:ShareCapital 2024-09-30 14392422 uk-core:ShareCapital 2023-09-30 14392422 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 14392422 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 14392422 uk-bus:Director1 2023-10-01 2024-09-30 14392422 uk-core:NetGoodwill 2023-10-01 2024-09-30 14392422 uk-core:PlantMachinery 2023-10-01 2024-09-30 14392422 uk-core:MotorVehicles 2023-10-01 2024-09-30 14392422 uk-core:MotorVehicles 2023-09-30 14392422 uk-core:PlantMachinery 2023-09-30 14392422 uk-core:PlantMachinery 2024-09-30 14392422 uk-core:MotorVehicles 2024-09-30 14392422 uk-core:WithinOneYear uk-core:Secured 2024-09-30 14392422 uk-core:WithinOneYear uk-core:Secured 2023-09-30 14392422 uk-core:WithinOneYear 2024-09-30 14392422 uk-core:WithinOneYear 2023-09-30 iso4217:GBP xbrli:pure 14392422 uk-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 14392422 uk-bus:FRS102 2023-10-01 2024-09-30 14392422 uk-bus:FilletedAccounts 2023-10-01 2024-09-30 14392422 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30
Northey Tech Ltd
Registered Number:14392422
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
2
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
3
Registered Number :
14392422
As at 30 September 2024
Northey Tech Ltd
Statement of Financial Position
Restated
£
£
2023
2024
Notes
Fixed assets
Intangible assets
101,633
36,854
Property, plant and equipment
59,290
43,255
2
160,923
80,109
Current assets
Inventories
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
Capital and reserves
Called up share capital
5,000
5,000
Retained earnings
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.
B J Whicher Director
These financial statements were approved and authorised for issue by the Board on 12 December 2024 and were signed by:
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4
Registered Number :
14392422
For the year ended 30 September 2024
Northey Tech Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
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.
Registered address:
Nortech House
Unit 34-35 Dawkins Road
Poole
Dorset
BH15 4JY
The presentation currency is £ sterling.
1. Accounting policies
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
10% Straight line
25% Straight line
Motor Vehicles
2. Property, plant and equipment
Total
Motor Vehicles
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 October 2023
50,673
15,673
35,000
26,183
-
26,183
Additions
-
(806)
Disposals
(806)
At 30 September 2024
60,377
15,673
76,050
Provision for depreciation and impairment
At 01 October 2023
7,418
3,918
3,500
Charge for year
9,342
3,918
5,424
At 30 September 2024
16,760
7,836
8,924
At 30 September 2024
Net book value
51,453
7,837
59,290
At 30 September 2023
31,500
11,755
43,255
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6
For the year ended 30 September 2024
Northey Tech Ltd
Notes to the Financial Statements Continued
3. Inventories
2023
2024
£
£
Stocks
18,958
18,358
4. Trade and other receivables
2023
2024
£
£
Trade debtors
203,327
301,819
Amounts owed by group undertakings and participating interests
11,450
22,175
Other debtors
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
Bank loans and overdraft
5,110
-
Trade creditors
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
Other creditors
53,577
163,702
330,664
385,105
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Other creditors
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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