NORLECT ENGINEERING (UK) LTD

Company Registration Number:
NI028752 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

NORLECT ENGINEERING (UK) LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

NORLECT ENGINEERING (UK) LTD

Balance sheet

As at 31 August 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 103,956 78,181
Investments: 4 439,849 50,000
Total fixed assets: 543,805 128,181
Current assets
Stocks: 0 20,000
Debtors:   28,026 40,318
Cash at bank and in hand: 316,488 409,150
Investments: 5 89,389 449,947
Total current assets: 433,903 919,415
Creditors: amounts falling due within one year:   (115,375) (161,358)
Net current assets (liabilities): 318,528 758,057
Total assets less current liabilities: 862,333 886,238
Total net assets (liabilities): 862,333 886,238
Capital and reserves
Called up share capital: 60 60
Profit and loss account: 862,273 886,178
Shareholders funds: 862,333 886,238

The notes form part of these financial statements

NORLECT ENGINEERING (UK) LTD

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 May 2025
and signed on behalf of the board by:

Name: STEPHEN SHEPPARD
Status: Director

The notes form part of these financial statements

NORLECT ENGINEERING (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

NORLECT ENGINEERING (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

NORLECT ENGINEERING (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible Assets

Total
Cost £
At 01 September 2023 227,848
Additions 31,779
At 31 August 2024 259,627
Depreciation
At 01 September 2023 149,667
Charge for year 6,004
At 31 August 2024 155,671
Net book value
At 31 August 2024 103,956
At 31 August 2023 78,181

NORLECT ENGINEERING (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Fixed investments

n/a

NORLECT ENGINEERING (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Current investments

Unlisted investments c/fwd £50,000 IUnlisted Investment additions £389,849 Total Unlisted Investments 31.08.2024 £439,849

NORLECT ENGINEERING (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

6. Related party transactions

Name of the related party: Clanrye Electrical
Relationship:
Common ownership
Description of the Transaction: There was £50,000 paid back to Clanrye during the accounting period.
£
Balance at 01 September 2023 52,834
Balance at 31 August 2024 2,834
Name of the related party:
Relationship:
Director
Description of the Transaction: The director was credited for monies personally advanced for the company during the year.
£
Balance at 01 September 2023 417
Balance at 31 August 2024 14,795