N C B Marking Equipment Limited

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Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the director on the preparation of the unaudited statutory accounts of N C B Marking Equipment Limited for the year ended 30 April 2025

To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of N C B Marking Equipment Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the director of N C B Marking Equipment Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of N C B Marking Equipment Limited and state those matters that we have agreed to state to the director of N C B Marking Equipment Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than N C B Marking Equipment Limited and its director as a body for our work or for this report.

It is your duty to ensure that N C B Marking Equipment Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of N C B Marking Equipment Limited . You consider that N C B Marking Equipment Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of N C B Marking Equipment Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

Krowe Ltd

1 October 2025

Krowe Accountants

Grafton House

Bulls Head Yard

Alcester

Warwickshire

B49 5BX

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N C B Marking Equipment Limited

Balance Sheet

As At 30 April 2025

Balance Sheet

Registered number: 01780731

		30 April 2025		30 April 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		59,099		62,170

			59,099		62,170
CURRENT ASSETS
Stocks	5	97,358		81,960
Debtors	6	403,180		355,067
Cash at bank and in hand		139,864		113,347

		640,402		550,374
Creditors: Amounts Falling Due Within One Year	7	(358,058 )		(268,967 )

NET CURRENT ASSETS (LIABILITIES)			282,344		281,407

TOTAL ASSETS LESS CURRENT LIABILITIES			341,443		343,577

Creditors: Amounts Falling Due After More Than One Year	8		(36,433 )		(57,633 )

NET ASSETS			305,010		285,944

CAPITAL AND RESERVES
Called up share capital	10		1,100		1,100
Profit and Loss Account			303,910		284,844

SHAREHOLDERS' FUNDS			305,010		285,944

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N C B Marking Equipment Limited

Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr C W Bowers

Director

1 October 2025

The notes on pages 4 to 6 form part of these financial statements.

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N C B Marking Equipment Limited

Notes to the Financial Statements

For The Year Ended 30 April 2025

Notes to the Financial Statements

1. General Information

N C B Marking Equipment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01780731 . The registered office is 14 Balmercut, Buckingham Industrial Park, Buckingham, MK18 1SQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	at varying rates on cost
Motor Vehicles	at varying rates on cost

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees during the year was: 6 (2024: 6)

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N C B Marking Equipment Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 May 2024	189,943	64,000	253,943
Additions	4,449	-	4,449

As at 30 April 2025	194,392	64,000	258,392

Depreciation
As at 1 May 2024	189,023	2,750	191,773
Provided during the period	920	6,600	7,520

As at 30 April 2025	189,943	9,350	199,293

Net Book Value
As at 30 April 2025	4,449	54,650	59,099

As at 1 May 2024	920	61,250	62,170

5. Stocks

	30 April 2025	30 April 2024
	£	£
Stock	97,358	81,960

6. Debtors

	30 April 2025	30 April 2024
	£	£
Due within one year
Trade debtors	197,339	173,450
Amounts owed by group undertakings	186,432	172,000
Other debtors	19,409	9,617

	403,180	355,067

7. Creditors: Amounts Falling Due Within One Year

	30 April 2025	30 April 2024
	£	£
Net obligations under finance lease and hire purchase contracts	11,200	11,200
Trade creditors	195,941	153,192
Bank loans and overdrafts	11,612	10,000
Other creditors	32,639	14,190
Taxation and social security	106,666	80,385

	358,058	268,967

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N C B Marking Equipment Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

8. Creditors: Amounts Falling Due After More Than One Year

	30 April 2025	30 April 2024
	£	£
Net obligations under finance lease and hire purchase contracts	28,933	40,133
Bank loans	7,500	17,500

	36,433	57,633

9. Obligations Under Finance Leases and Hire Purchase

	30 April 2025	30 April 2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	11,200	11,200
Later than one year and not later than five years	28,933	40,133

	40,133	51,333

	40,133	51,333

10. Share Capital

	30 April 2025	30 April 2024
	£	£
Allotted, Called up and fully paid	1,100	1,100

11. Transfer From Parent Company

On 1st May 2024, the trade and employees of the parent company, Padtec Limited, were transferred to N C B Marking Equipment Limited.

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