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Company Registration No. 13461750 (England and Wales)
Ns Pipework And Welding Services Limited Unaudited accounts for the year ended 30 June 2024
Ns Pipework And Welding Services Limited Unaudited accounts Contents
Page
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Ns Pipework And Welding Services Limited Company Information for the year ended 30 June 2024
Director
Mr Neil Stacey
Company Number
13461750 (England and Wales)
Registered Office
35 Whalley Avenue Stoke-on-Trent Staffordshire ST4 5ND England
Accountants
Townley & Co Limited Warrington Business Centre 67 Bewsey Street Warrington WA2 7JQ
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Ns Pipework And Welding Services Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,177 
15,281 
Current assets
Inventories
300 
300 
Debtors
31,712 
17,220 
Cash at bank and in hand
14,319 
23,766 
46,331 
41,286 
Creditors: amounts falling due within one year
(20,501)
(12,175)
Net current assets
25,830 
29,111 
Total assets less current liabilities
38,007 
44,392 
Creditors: amounts falling due after more than one year
(4,165)
(9,162)
Provisions for liabilities
Other provisions
(2,313)
(2,903)
Net assets
31,529 
32,327 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
31,429 
32,227 
Shareholders' funds
31,529 
32,327 
For the year ending 30 June 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 6 February 2025 and were signed on its behalf by
Mr Neil Stacey Director Company Registration No. 13461750
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Ns Pipework And Welding Services Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Ns Pipework And Welding Services Limited is a private company, limited by shares, registered in England and Wales, registration number 13461750. The registered office is 35 Whalley Avenue, Stoke-on-Trent, Staffordshire, ST4 5ND, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
20% reduced balance method
Computer equipment
25% straight line method
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Ns Pipework And Welding Services Limited Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
19,990 
474 
20,464 
At 30 June 2024
19,990 
474 
20,464 
Depreciation
At 1 July 2023
5,064 
119 
5,183 
Charge for the year
2,985 
119 
3,104 
At 30 June 2024
8,049 
238 
8,287 
Net book value
At 30 June 2024
11,941 
236 
12,177 
At 30 June 2023
14,926 
355 
15,281 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
449 
Trade debtors
18,372 
1,031 
Other debtors
13,340 
15,740 
31,712 
17,220 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
5,133 
- 
Obligations under finance leases and hire purchase contracts
4,997 
4,997 
Trade creditors
1,218 
- 
Taxes and social security
8,260 
6,860 
Other creditors
576 
251 
Loans from directors
317 
67 
20,501 
12,175 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
4,165 
9,162 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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