NCAD Engineering Limited
Registered number: 02934306
Balance Sheet
as at 31 May 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 6,044 7,370
Current assets
Stocks 1,717 1,717
Cash at bank and in hand 172 29
1,889 1,746
Creditors: amounts falling due within one year 4 (12,956) (14,631)
Net current liabilities (11,067) (12,885)
Net liabilities (5,023) (5,515)
Capital and reserves
Called up share capital 2 2
Profit and loss account (5,025) (5,517)
Shareholders' funds (5,023) (5,515)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M Irvine
Director
Approved by the board on 5 October 2024
NCAD Engineering Limited
Notes to the Accounts
for the year ended 31 May 2024
1 Accounting policies
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 June 2023 30,003
At 31 May 2024 30,003
Depreciation
At 1 June 2023 22,633
Charge for the year 1,326
At 31 May 2024 23,959
Net book value
At 31 May 2024 6,044
At 31 May 2023 7,370
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts - 1,825
Trade creditors 875 470
Corporation tax 9,106 6,657
Other taxes and social security costs 2,975 5,679
12,956 14,631
5 Other information
NCAD Engineering Limited is a private company limited by shares and incorporated in England. Its registered office is:
67 Church Road
Hove
East Sussex
BN3 2BD
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