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REGISTERED NUMBER: 03850300 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

NASCO DIGTEC LTD

NASCO DIGTEC LTD (REGISTERED NUMBER: 03850300)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NASCO DIGTEC LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: N A Smith





REGISTERED OFFICE: Clarence Street Chambers
32 Clarence Street
Southend-on-Sea
Essex
SS1 1BD





BUSINESS ADDRESS: Unit 1 Craftsman Square
Temple Farm Industrial Estate
Southend-on-Sea
Essex
SS2 5RH





REGISTERED NUMBER: 03850300 (England and Wales)





ACCOUNTANTS: A.R. Lee & Co.
Chartered Accountants
Clarence Street Chambers
32 Clarence Street
Southend-on-Sea
Essex
SS1 1BD

NASCO DIGTEC LTD (REGISTERED NUMBER: 03850300)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 40,191 52,905

CURRENT ASSETS
Stocks 60,000 85,000
Debtors 5 58,571 62,150
Cash at bank 57,741 67,336
176,312 214,486
CREDITORS
Amounts falling due within one year 6 135,305 153,853
NET CURRENT ASSETS 41,007 60,633
TOTAL ASSETS LESS CURRENT
LIABILITIES

81,198

113,538

CREDITORS
Amounts falling due after more than one
year

7

(41,915

)

(10,500

)

PROVISIONS FOR LIABILITIES (6,572 ) (10,052 )
NET ASSETS 32,711 92,986

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 32,709 92,984
SHAREHOLDERS' FUNDS 32,711 92,986

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

NASCO DIGTEC LTD (REGISTERED NUMBER: 03850300)

BALANCE SHEET - continued
30 SEPTEMBER 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 director and authorised for issue on 13 June 2025 and were signed by:





N A Smith - Director


NASCO DIGTEC LTD (REGISTERED NUMBER: 03850300)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Nasco Digtec Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Short leasehold - over remaining period of the lease
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

NASCO DIGTEC LTD (REGISTERED NUMBER: 03850300)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

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 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 October 2023 1,020 45,396 5,473
Additions - - -
Disposals - - -
At 30 September 2024 1,020 45,396 5,473
DEPRECIATION
At 1 October 2023 1,020 20,245 2,981
Charge for year - 3,437 251
Eliminated on disposal - - -
At 30 September 2024 1,020 23,682 3,232
NET BOOK VALUE
At 30 September 2024 - 21,714 2,241
At 30 September 2023 - 25,151 2,492

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023 111,954 7,706 171,549
Additions - 158 158
Disposals (27,650 ) - (27,650 )
At 30 September 2024 84,304 7,864 144,057
DEPRECIATION
At 1 October 2023 89,039 5,359 118,644
Charge for year 5,038 1,380 10,106
Eliminated on disposal (24,884 ) - (24,884 )
At 30 September 2024 69,193 6,739 103,866
NET BOOK VALUE
At 30 September 2024 15,111 1,125 40,191
At 30 September 2023 22,915 2,347 52,905

NASCO DIGTEC LTD (REGISTERED NUMBER: 03850300)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 41,435 47,728
Other debtors 17,136 14,422
58,571 62,150

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 16,690 6,000
Trade creditors 94,927 105,606
Taxation and social security 21,677 40,903
Other creditors 2,011 1,344
135,305 153,853

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans 41,915 10,500

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
2 Ordinary £1 2 2

9. OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £36076. This amount consists of rent lease payable over the next 2 years and a vehicle lease payable over the next 18 months.