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REGISTERED NUMBER: 04008480 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 31 August 2024

for

N3 Display Graphics Limited

N3 Display Graphics Limited (Registered number: 04008480)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


N3 Display Graphics Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: N J Holland
N S Walker
N H Peeck
J Stickley
D Dixon





SECRETARY: N S Walker





REGISTERED OFFICE: Hermes House
Firefly Avenue
Swindon
Wiltshire
SN2 2GA





REGISTERED NUMBER: 04008480 (England and Wales)

N3 Display Graphics Limited (Registered number: 04008480)

Balance Sheet
31 August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 189,580 251,078

CURRENT ASSETS
Stocks 16,500 30,650
Debtors 5 296,458 366,455
Cash at bank and in hand 161,845 336,724
474,803 733,829
CREDITORS
Amounts falling due within one year 6 312,563 449,965
NET CURRENT ASSETS 162,240 283,864
TOTAL ASSETS LESS CURRENT
LIABILITIES

351,820

534,942

CREDITORS
Amounts falling due after more than one
year

7

(19,361

)

(17,626

)

PROVISIONS FOR LIABILITIES (45,282 ) (60,521 )
NET ASSETS 287,177 456,795

CAPITAL AND RESERVES
Called up share capital 1,097 1,097
Retained earnings 286,080 455,698
287,177 456,795

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

N3 Display Graphics Limited (Registered number: 04008480)

Balance Sheet - continued
31 August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 April 2025 and were signed on its behalf by:




N J Holland - Director N S Walker - Director




N H Peeck - Director


N3 Display Graphics Limited (Registered number: 04008480)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

N3 Display Graphics 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.

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.
Improvements to property - 20% on reducing balance
Plant and machinery - 25% on reducing balance and 10% on straight line basis
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 20 (2023 - 19 ) .

N3 Display Graphics Limited (Registered number: 04008480)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 September 2023 29,721 553,171 46,085
Additions - - 3,346
Disposals - (86,051 ) (5,809 )
At 31 August 2024 29,721 467,120 43,622
DEPRECIATION
At 1 September 2023 16,850 387,338 38,820
Charge for year 1,287 40,824 2,070
Eliminated on disposal - (83,511 ) (5,553 )
At 31 August 2024 18,137 344,651 35,337
NET BOOK VALUE
At 31 August 2024 11,584 122,469 8,285
At 31 August 2023 12,871 165,833 7,265

Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 September 2023 56,735 137,339 823,051
Additions - 4,554 7,900
Disposals - (93,191 ) (185,051 )
At 31 August 2024 56,735 48,702 645,900
DEPRECIATION
At 1 September 2023 22,514 106,451 571,973
Charge for year 8,555 5,393 58,129
Eliminated on disposal - (84,718 ) (173,782 )
At 31 August 2024 31,069 27,126 456,320
NET BOOK VALUE
At 31 August 2024 25,666 21,576 189,580
At 31 August 2023 34,221 30,888 251,078

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 274,762 336,324
Prepayments and accrued income 21,696 30,131
296,458 366,455

N3 Display Graphics Limited (Registered number: 04008480)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 21,135 43,410
Trade creditors 164,732 253,405
Corporation tax 29,423 62,278
Social security and other taxes 12,560 -
VAT Account 51,225 42,866
Other creditors 2,686 2,074
Credit card 6,704 8,937
Directors' current accounts 119 11,816
Accruals and deferred income 23,979 25,179
312,563 449,965

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 2-5 years 19,361 17,626