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Unaudited Financial Statements for the Year Ended 30 June 2025

for

Nortech Precision Engineering Limited

Nortech Precision Engineering Limited (Registered number: 08112755)






Contents of the Financial Statements
for the Year Ended 30 June 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Nortech Precision Engineering Limited

Company Information
for the Year Ended 30 June 2025







DIRECTOR: S J Thelwell





REGISTERED OFFICE: Bridge House
2 Bridge Avenue
Maidenhead
Berkshire
SL6 1RR





REGISTERED NUMBER: 08112755 (England and Wales)





ACCOUNTANTS: Peter Upton
Bridge House
2 Bridge Avenue
Maidenhead
Berkshire
SL6 1RR

Nortech Precision Engineering Limited (Registered number: 08112755)

Balance Sheet
30 June 2025

30.6.25 30.6.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 49,324 70,779

CURRENT ASSETS
Debtors 5 8,953 27,081
Cash at bank 2,183 28,934
11,136 56,015
CREDITORS
Amounts falling due within one year 6 55,052 80,640
NET CURRENT LIABILITIES (43,916 ) (24,625 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,408

46,154

CREDITORS
Amounts falling due after more than one year 7 - 3,442
NET ASSETS 5,408 42,712

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 5,406 42,710
5,408 42,712

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

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

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 31 July 2025 and were signed by:





S J Thelwell - Director


Nortech Precision Engineering Limited (Registered number: 08112755)

Notes to the Financial Statements
for the Year Ended 30 June 2025

1. STATUTORY INFORMATION

Nortech Precision Engineering 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.
Plant and machinery etc - 25% on cost and 15% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures Office &
Plant and and Motor sundry
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2024
and 30 June 2025 12,500 800 84,593 583 98,476
DEPRECIATION
At 1 July 2024 10,722 666 15,861 448 27,697
Charge for year 267 20 21,148 20 21,455
At 30 June 2025 10,989 686 37,009 468 49,152
NET BOOK VALUE
At 30 June 2025 1,511 114 47,584 115 49,324
At 30 June 2024 1,778 134 68,732 135 70,779

Nortech Precision Engineering Limited (Registered number: 08112755)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.25 30.6.24
£    £   
Trade debtors 4,720 21,351
Tax - 5,186
VAT 4,233 -
Prepayments - 544
8,953 27,081

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.25 30.6.24
£    £   
Bank loans and overdrafts 3,224 6,000
Trade creditors 22,293 898
VAT - 2,432
Other creditors 9,100 -
Directors' current accounts 16,061 66,051
Accrued expenses 4,374 5,259
55,052 80,640

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.25 30.6.24
£    £   
Bank loans - 1-2 years - 3,442