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Company Registration No. 10884343 (England and Wales)
CNC Coatings Limited Unaudited accounts for the year ended 31 July 2024
CNC Coatings Limited Unaudited accounts Contents
Page
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CNC Coatings Limited Company Information for the year ended 31 July 2024
Directors
William John Nightingale Carol Ann Nightingale
Company Number
10884343 (England and Wales)
Registered Office
3b Lake Industrial Way Sandown Isle of Wight PO36 9PL UK
Accountants
Vision Accounting Fortis House Cothey Way Ryde Isle of Wight PO33 1QT
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CNC Coatings Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
1,555 
Current assets
Inventories
18,000 
15,000 
Debtors
17,058 
19,254 
Cash at bank and in hand
2,204 
11,271 
37,262 
45,525 
Creditors: amounts falling due within one year
(37,537)
(28,824)
Net current (liabilities)/assets
(275)
16,701 
Total assets less current liabilities
(275)
18,256 
Creditors: amounts falling due after more than one year
(13,122)
(20,377)
Net liabilities
(13,397)
(2,121)
Capital and reserves
Called up share capital
50 
50 
Profit and loss account
(13,447)
(2,171)
Shareholders' funds
(13,397)
(2,121)
For the year ending 31 July 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 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 18 April 2025 and were signed on its behalf by
William John Nightingale Director Company Registration No. 10884343
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CNC Coatings Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
CNC Coatings Limited is a private company, limited by shares, registered in England and Wales, registration number 10884343. The registered office is 3b Lake Industrial Way, Sandown, Isle of Wight, PO36 9PL, UK.
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:
Plant & machinery
Straight Line - 20%
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 August 2023
26,920 
At 31 July 2024
26,920 
Depreciation
At 1 August 2023
25,365 
Charge for the year
1,555 
At 31 July 2024
26,920 
Net book value
At 31 July 2024
- 
At 31 July 2023
1,555 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,473 
1,601 
Amounts due from group undertakings etc.
15,178 
17,296 
Accrued income and prepayments
407 
357 
17,058 
19,254 
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CNC Coatings Limited Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
31,190 
24,565 
Trade creditors
1,937 
3,183 
Taxes and social security
1,047 
585 
Loans from directors
3,363 
491 
37,537 
28,824 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
13,122 
20,377 
8
Transactions with related parties
Bump Express Limited owes a balance of £15,178 to CNC Coatings Limited. The above is considered as related parties due to being under common control by the same persons.
9
Average number of employees
During the year the average number of employees was 4 (2023: 3).
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