IRIS Accounts Production v25.1.4.42 07344975 Board of Directors 31.8.23 30.8.24 30.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh073449752023-08-30073449752024-08-30073449752023-08-312024-08-30073449752022-08-30073449752022-08-312023-08-30073449752023-08-3007344975ns15:EnglandWales2023-08-312024-08-3007344975ns14:PoundSterling2023-08-312024-08-3007344975ns10:Director12023-08-312024-08-3007344975ns10:PrivateLimitedCompanyLtd2023-08-312024-08-3007344975ns10:SmallEntities2023-08-312024-08-3007344975ns10:AuditExempt-NoAccountantsReport2023-08-312024-08-3007344975ns10:SmallCompaniesRegimeForDirectorsReport2023-08-312024-08-3007344975ns10:SmallCompaniesRegimeForAccounts2023-08-312024-08-3007344975ns10:FullAccounts2023-08-312024-08-3007344975ns10:Director22023-08-312024-08-3007344975ns10:RegisteredOffice2023-08-312024-08-3007344975ns5:CurrentFinancialInstruments2024-08-3007344975ns5:CurrentFinancialInstruments2023-08-3007344975ns5:Non-currentFinancialInstruments2024-08-3007344975ns5:Non-currentFinancialInstruments2023-08-3007344975ns5:ShareCapital2024-08-3007344975ns5:ShareCapital2023-08-3007344975ns5:RetainedEarningsAccumulatedLosses2024-08-3007344975ns5:RetainedEarningsAccumulatedLosses2023-08-3007344975ns5:PlantMachinery2023-08-312024-08-3007344975ns5:MotorVehicles2023-08-312024-08-3007344975ns5:PlantMachinery2023-08-3007344975ns5:MotorVehicles2023-08-3007344975ns5:PlantMachinery2024-08-3007344975ns5:MotorVehicles2024-08-3007344975ns5:PlantMachinery2023-08-3007344975ns5:MotorVehicles2023-08-3007344975ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3007344975ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-30
REGISTERED NUMBER: 07344975 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 30 August 2024

for

NORTHERN SITE ELECTRICS LIMITED

NORTHERN SITE ELECTRICS LIMITED (REGISTERED NUMBER: 07344975)






Contents of the Financial Statements
for the Year Ended 30 August 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


NORTHERN SITE ELECTRICS LIMITED

Company Information
for the Year Ended 30 August 2024







DIRECTORS: K P Hickey
J Hickey



REGISTERED OFFICE: 573 Chester Road
Sutton Coldfield
West Midlands
B73 5HU



REGISTERED NUMBER: 07344975 (England and Wales)



ACCOUNTANTS: A K Papadamou & Co
Accountants & Tax Advisors
573 Chester Road
Sutton Coldfield
West Midlands
B73 5HU



BANKERS: HSBC
35 College Street
Rotherham
South Yorkshire
S65 1AF

NORTHERN SITE ELECTRICS LIMITED (REGISTERED NUMBER: 07344975)

Statement of Financial Position
30 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 140,559 91,734

CURRENT ASSETS
Stocks 98,283 83,015
Debtors 5 536,902 174,723
Cash at bank 82,788 147,542
717,973 405,280
CREDITORS
Amounts falling due within one year 6 360,453 225,225
NET CURRENT ASSETS 357,520 180,055
TOTAL ASSETS LESS CURRENT
LIABILITIES

498,079

271,789

CREDITORS
Amounts falling due after more than one
year

7

73,011

51,191
NET ASSETS 425,068 220,598

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 424,068 219,598
SHAREHOLDERS' FUNDS 425,068 220,598

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

NORTHERN SITE ELECTRICS LIMITED (REGISTERED NUMBER: 07344975)

Statement of Financial Position - continued
30 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 3 April 2025 and were signed on its behalf by:





K P Hickey - Director


NORTHERN SITE ELECTRICS LIMITED (REGISTERED NUMBER: 07344975)

Notes to the Financial Statements
for the Year Ended 30 August 2024

1. STATUTORY INFORMATION

Northern Site Electrics 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 represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Motor vehicles - 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.

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 15 (2023 - 17 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 31 August 2023 8,043 220,436 228,479
Additions - 113,260 113,260
Disposals - (64,744 ) (64,744 )
At 30 August 2024 8,043 268,952 276,995
DEPRECIATION
At 31 August 2023 6,861 129,884 136,745
Charge for year 464 31,768 32,232
Eliminated on disposal - (32,541 ) (32,541 )
At 30 August 2024 7,325 129,111 136,436
NET BOOK VALUE
At 30 August 2024 718 139,841 140,559
At 30 August 2023 1,182 90,552 91,734

NORTHERN SITE ELECTRICS LIMITED (REGISTERED NUMBER: 07344975)

Notes to the Financial Statements - continued
for the Year Ended 30 August 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 488,668 132,805
Other debtors 48,234 41,918
536,902 174,723

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 40,720 33,951
Trade creditors 290,075 183,485
Taxation and social security 20,621 6,393
Other creditors 9,037 1,396
360,453 225,225

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 73,011 51,191

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr J and Mr K Hickey.