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REGISTERED NUMBER: 08746086 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

N-Tech Engineering Limited

N-Tech Engineering Limited (Registered number: 08746086)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


N-Tech Engineering Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mr N Foster





REGISTERED OFFICE: 27 Crosswell Park
Ingleby Barwick
Stockton on Tees
TS17 5BE





REGISTERED NUMBER: 08746086 (England and Wales)





ACCOUNTANTS: JBC Accountants Limited
Chartered Accountants
3B Lockheed Court
Preston Farm
Stockton on Tees
TS18 3SH

N-Tech Engineering Limited (Registered number: 08746086)

Balance Sheet
30 April 2024

30/4/24 30/4/23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 919 957
Investments 5 58,950 53,622
59,869 54,579

CURRENT ASSETS
Debtors 6 3,575 2,570
Cash at bank 34,603 42,898
38,178 45,468
CREDITORS
Amounts falling due within one year 7 12,430 17,279
NET CURRENT ASSETS 25,748 28,189
TOTAL ASSETS LESS CURRENT
LIABILITIES

85,617

82,768

PROVISIONS FOR LIABILITIES 175 182
NET ASSETS 85,442 82,586

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 85,432 82,576
SHAREHOLDERS' FUNDS 85,442 82,586

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

N-Tech Engineering Limited (Registered number: 08746086)

Balance Sheet - continued
30 April 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 January 2025 and were signed by:





Mr N Foster - Director


N-Tech Engineering Limited (Registered number: 08746086)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

N-Tech Engineering Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

N-Tech Engineering Limited (Registered number: 08746086)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 May 2023 7,220
Additions 385
At 30 April 2024 7,605
DEPRECIATION
At 1 May 2023 6,263
Charge for year 423
At 30 April 2024 6,686
NET BOOK VALUE
At 30 April 2024 919
At 30 April 2023 957

5. FIXED ASSET INVESTMENTS
Other
investments
£
COST OR VALUATION
At 1 May 2023 53,622
Revaluations 5,328
At 30 April 2024 58,950
NET BOOK VALUE
At 30 April 2024 58,950
At 30 April 2023 53,622

Cost or valuation at 30 April 2024 is represented by:

Other
investments
£
Valuation in 2023 53,622
Valuation in 2024 5,328
58,950

If fixed asset investments had not been revalued they would have been included at the following historical cost:

30/4/24 30/4/23
£ £
Cost 48,500 48,500

Fixed asset investments were valued on an open market basis on 30 April 2022 by Bordier & Cie (UK) PLC .

N-Tech Engineering Limited (Registered number: 08746086)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£ £
Trade debtors 3,570 2,565
Other debtors 5 5
3,575 2,570

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£ £
Taxation and social security 8,936 15,145
Other creditors 3,494 2,134
12,430 17,279