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REGISTERED NUMBER: 02778111 (England and Wales)














NSC MANUFACTURING LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025






NSC MANUFACTURING LIMITED (REGISTERED NUMBER: 02778111)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NSC MANUFACTURING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2025







DIRECTORS: R.A. Newhouse
Mrs J L Newhouse
J H Newhouse





SECRETARY: R.A. Newhouse





REGISTERED OFFICE: 2 Spring Lane
Horbling
Sleaford
Lincolnshire
NG34 0PF





REGISTERED NUMBER: 02778111 (England and Wales)





ACCOUNTANTS: Dexter & Sharpe
Chartered Certified Accountants
The Old Vicarage
Church Close
Boston
Lincolnshire
PE21 6NA

NSC MANUFACTURING LIMITED (REGISTERED NUMBER: 02778111)

BALANCE SHEET
30 APRIL 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 27,643 36,858

CURRENT ASSETS
Stocks 47,500 49,350
Debtors 4 424,299 205,990
Cash at bank 696,652 685,353
1,168,451 940,693
CREDITORS
Amounts falling due within one year 5 456,837 317,551
NET CURRENT ASSETS 711,614 623,142
TOTAL ASSETS LESS CURRENT
LIABILITIES

739,257

660,000

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 6 739,157 659,900
SHAREHOLDERS' FUNDS 739,257 660,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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.

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 9 July 2025 and were signed on its behalf by:




R.A. Newhouse - Director


NSC MANUFACTURING LIMITED (REGISTERED NUMBER: 02778111)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025


1. 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.
Plant and machinery - 25% 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.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

NSC MANUFACTURING LIMITED (REGISTERED NUMBER: 02778111)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025


3. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 May 2024
and 30 April 2025 109,452 82,990 192,442
DEPRECIATION
At 1 May 2024 107,605 47,979 155,584
Charge for year 462 8,753 9,215
At 30 April 2025 108,067 56,732 164,799
NET BOOK VALUE
At 30 April 2025 1,385 26,258 27,643
At 30 April 2024 1,847 35,011 36,858

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 302,186 84,052
Other debtors 122,113 121,938
424,299 205,990

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 41,411 23,319
Other creditors 415,426 294,232
456,837 317,551

6. RESERVES
Retained
earnings
£   

At 1 May 2024 659,900
Profit for the year 79,257
At 30 April 2025 739,157

NSC MANUFACTURING LIMITED (REGISTERED NUMBER: 02778111)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2025


7. RELATED PARTY DISCLOSURES

The director is a director of The Newbrook Engineering Company Limited, an associated company during the period to 30th April 2025, from whom goods and services to the value of £446,705 (2024 £308,006) were purchased, at normal commercial rates, throughout the year. A management charge of £25,000 (2024: £25,000) was also charged by that company.
The amount owed to The Newbrook Engineering Company Limited at the year end was £282,982 (2024 £161,935).