Accounts



















	N P E C ( UK) LIMITED



	UNAUDITED FINANCIAL STATEMENTS


	FOR THE YEAR ENDED 31 MARCH 2025

	N P E C ( UK) LIMITED
	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025


	DIRECTORS


	Mr.A.K.Saraogi
	Mr.A.V.Saraogi


	SECRETARY

	Mrs.S.Saraogi

	REGISTERED OFFICE

	25 Park Street West Luton LU1 3BE


	COMPANY REGISTERED NUMBER

	02717971


	BANKERS

	Lloyds TSB Plc


	ACCOUNTANTS

	Haartwells
	Chartered Certified Accountants
	25 Park Street West Luton Beds LU1 3BE

	page 1

	N P E C ( UK) LIMITED
	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025



	CONTENTS

	Pages


	3	Statement of Financial Position


	4-6	Notes to the Financial Statements

	page 2

N P E C ( UK) LIMITED
Company registered number: 02717971
STATEMENT OF FINANCIAL POSITION AT 31 March 2025

	Note	2025		2024
		£	£	£
FIXED ASSETS
Property, plant and equipment	3		2,423	2,851
CURRENT ASSETS
Inventories		43,775		46,950
Debtors	4	37,920		37,340
Cash at bank and in hand		120		750
		81,815		85,040
CREDITORS: Amounts falling due within one year	5	152,269		132,805
NET CURRENT LIABILITIES			(70,454)	(47,765)
NET LIABILITIES			(£68,031)	(£44,914)

CAPITAL AND RESERVES
Called up share capital			450,000	450,000
Retained earnings			(518,031)	(494,914)
SHAREHOLDERS' FUNDS			(£68,031)	(£44,914)



	In approving these financial statements as directors of the company we hereby confirm the following:

	For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

	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 directors acknowledge their responsibilities for: 1) ensuring that the company keeps accounting records which comply with Sections 386 and 386 of the Companies Act 2006, and 2) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or loss for the 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 the financial statements, so far as they are applicable to the company.


	These financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies

	In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

	The financial statements were approved and authorised for issue by the board of directors on 14 August 2025

	Signed on behalf of the board of directors



	Mr.A.V.Saraogi, Director

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

	page 3



1.	SIGNIFICANT ACCOUNTING POLICIES


1a.	Statement of compliance

	N P E C ( UK) Limited is a Private Limited Company incorporated in England and Wales..

	The company's registered number and registered office address can be found on the Company Information page.

	Basis of accounting

	These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
	The financial statements have been prepared under the historical cost convention. The presentation currency is £ sterling.


1c.	Revenue recognition

	Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.


1d.	Taxation


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


1e.	Property, plant and equipment

	Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.

	Plant and machinery	Reducing balance 25%
	Vehicles	Reducing balance 15%
	Fixtures and fittings	Reducing balance 15%
	Equipment	Reducing balance 15%


1f.	Inventories

	Stocks are stated at the lower of cost and net realisable value. Cost includes all costs incurred in bringing each product to its present location and condition.


1g.	Short term debtors and creditors

	Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss.

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

	page 4



1.	SIGNIFICANT ACCOUNTING POLICIES (CONT.)


1h.	Cash and cash equivalents

	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. For the purpose of statement of cash flows, bank overdrafts which are repayable on demand form an integral part of the Company's cash management are included as a component of cash and cash equivalents.


1i.	Interest bearing borrowings

	All interest-bearing loans and borrowings which are basic financial instruments are initially recognised at the present value of cash payable to the bank (including interest). After initial recognition they are measured at amortised cost using the effective interest rate method, less impairment. Any difference between the amount initially recognised and redemption value is recognised in profit and loss together with any interest and fees payable.


1j.	Foreign currencies

	Transactions in foreign currencies are initially recorded in the entity’s functional currency by applying the spot exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.



2.	DIRECTORS AND EMPLOYEES

	The average weekly number of employees during the year were as follows:
		2025	2024
	Management and administration	1	1
	Production and sales	1	1
		2	2

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

	page 5


3.	PROPERTY, PLANT AND EQUIPMENT
		Fixtures &
		Equipment	Total
		£	£
	Cost

	At 1 April 2024	62,930	62,930

	At 31 March 2025	62,930	62,930

	Depreciation

	At 1 April 2024	60,079	60,079
	For the year	428	428
	At 31 March 2025	60,507	60,507

	Net Book Amounts

	At 31 March 2025	2,423	2,423
	At 31 March 2024	2,851	2,851



4.	DEBTORS	2025	2024
		£	£
	Trade debtors	2,340	2,340
	Social security and other taxes	580	-
	Other debtors	35,000	35,000
		£37,920	£37,340



5.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£
	Trade creditors	17,300	17,300
	Other taxes and social security	3,158	3,244
	Other creditors	130,032	110,644
	Accruals and deferred income	1,779	1,617
		£152,269	£132,805

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

	page 6