NORTH EAST INSULATION SERVICES LTD

Registered Number
11780476
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2025

Company Information
for the year from 1 February 2024 to 31 January 2025


Directors	BELL, John Paul
	BELL, Paul


Registered Address	15 Riverside Studios Amethyst Road
	Newcastle Business Park
	Newcastle Upon Tyne
	NE4 7YL


Registered Number	11780476 (England and Wales)

NORTH EAST INSULATION SERVICES LTD

Statement of Financial Position
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		442,324		440,091
			442,324		440,091
Current assets
Debtors		985,575		2,076,728
Cash at bank and on hand		137,806		44,898
		1,123,381		2,121,626
Creditors amounts falling due within one year		(1,178,817)		(1,236,238)
Net current assets (liabilities)			(55,436)		885,388
Total assets less current liabilities			386,888		1,325,479
Creditors amounts falling due after one year			(223,397)		(240,742)
Net assets			163,491		1,084,737
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			162,491		1,083,737
Shareholders' funds			163,491		1,084,737

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 28 October 2025, and are signed on its behalf by:

BELL, John Paul
Director
Registered Company No. 11780476

NORTH EAST INSULATION SERVICES LTD

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	10	-
Vehicles	20	-
Office Equipment	-	4

2.	Average number of employees


		2025		2024
	Average number of employees during the year	16		16

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 February 24	551,333
	Additions	107,763
	At 31 January 25	659,095
	Depreciation and impairment
	At 01 February 24	111,242
	Charge for year	105,530
	At 31 January 25	216,771
	Net book value
	At 31 January 25	442,324
	At 31 January 24	440,091