REGISTERED NUMBER: 11909188 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

NE Hydraulics Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M Hawke

REGISTERED OFFICE:

3B Lockheed Court

Preston Farm

Stockton on Tees

TS18 3SH

REGISTERED NUMBER:

11909188 (England and Wales)

ACCOUNTANTS:

JBC Accountants Limited

Chartered Accountants

3B Lockheed Court

Preston Farm

Stockton on Tees

TS18 3SH

FIXED ASSETS

Tangible assets

4

132,070

79,264

CURRENT ASSETS

Debtors

5

59,150

45,905

Cash at bank

214,921

197,029

274,071

242,934

CREDITORS

Amounts falling due within one year

6

72,976

66,888

NET CURRENT ASSETS

201,095

176,046

TOTAL ASSETS LESS CURRENT LIABILITIES

333,165

255,310

CREDITORS

Amounts falling due after more than one year

7

(65,041

)

(37,609

)

PROVISIONS FOR LIABILITIES

(24,458

)

(18,796

)

NET ASSETS

243,666

198,905

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

243,656

198,895

243,666

198,905

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 July 2025 and were signed by:

Mr M Hawke - Director

1.	STATUTORY INFORMATION

NE Hydraulics 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

-

30% on reducing balance, 25% on reducing balance and 15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred 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.

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.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

152,743

Additions

98,193

Disposals

(7,849

)

At 31 March 2025

243,087

DEPRECIATION

At 1 April 2024

73,479

Charge for year

43,524

Eliminated on disposal

(5,986

)

At 31 March 2025

111,017

NET BOOK VALUE

At 31 March 2025

132,070

At 31 March 2024

79,264

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

56,649

44,405

Other debtors

2,501

1,500

59,150

45,905

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

23,111

16,440

Trade creditors

25,037

11,934

Taxation and social security

4,239

13,384

Other creditors

20,589

25,130

72,976

66,888

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

65,041

37,609