Company Registration No. 11141392 (England and Wales)
Advanced Engravers (NE) Ltd
Unaudited accounts
for the year ended 31 January 2025
Advanced Engravers (NE) Ltd
Unaudited accounts
Contents
Advanced Engravers (NE) Ltd
Company Information
for the year ended 31 January 2025
Directors
Michael O Donnell
Thomas Stapley-Bunten
Company Number
11141392 (England and Wales)
Registered Office
119 Killingworth Drive
High Barnes
Sunderland
Tyne and Wear
SR4 8QX
England
Accountants
Abacus Accounting (NE) Limited
3a Blue Sky Way
Monkton Business Park South
Hebburn
Tyne and Wear
NE31 2EQ
Advanced Engravers (NE) Ltd
Statement of financial position
as at 31 January 2025
Tangible assets
13,042
12,532
Cash at bank and in hand
1,460
11,280
Creditors: amounts falling due within one year
(5,748)
(12,048)
Net current assets
3,824
3,635
Called up share capital
3
3
Profit and loss account
16,863
16,164
Shareholders' funds
16,866
16,167
For the year ending 31 January 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 3 March 2025 and were signed on its behalf by
Michael O Donnell
Director
Company Registration No. 11141392
Advanced Engravers (NE) Ltd
Notes to the Accounts
for the year ended 31 January 2025
Advanced Engravers (NE) Ltd is a private company, limited by shares, registered in England and Wales, registration number 11141392. The registered office is 119 Killingworth Drive, High Barnes, Sunderland, Tyne and Wear, SR4 8QX, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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:
Plant & machinery
15% Reducing Balance
Fixtures & fittings
10% Reducing Balance
Computer equipment
25% Straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2024
21,561
1,567
1,591
24,719
At 31 January 2025
24,562
1,567
1,591
27,720
At 1 February 2024
10,306
539
1,342
12,187
Charge for the year
2,139
103
249
2,491
At 31 January 2025
12,445
642
1,591
14,678
At 31 January 2025
12,117
925
-
13,042
At 31 January 2024
11,255
1,028
249
12,532
Advanced Engravers (NE) Ltd
Notes to the Accounts
for the year ended 31 January 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
957
(1,269)
Taxes and social security
100
6,460
Loans from directors
3,001
4,902
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).