Northern Combustion Systems Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01786024 (England and Wales)

Financial Statements for the Year Ended 29 June 2025

for

Northern Combustion Systems Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M D Hanson

Mrs A S Hanson

P A Kane

REGISTERED OFFICE:

Unit 5

Cyber Park

Calder Bank Road

Dewsbury

WF12 9FA

REGISTERED NUMBER:

01786024 (England and Wales)

ACCOUNTANTS:

Richard Smedley Limited

Chartered Accountants & Registered Auditors

Richmond House

Lawnswood Business Park

Redvers Close

Leeds

West Yorkshire

LS16 6QY

FIXED ASSETS

Tangible assets

4

15,146

12,468

CURRENT ASSETS

Stocks

15,000

15,115

Debtors

5

988,664

1,057,682

Cash at bank and in hand

1,190,547

521,662

2,194,211

1,594,459

CREDITORS

Amounts falling due within one year

6

1,622,199

1,068,191

NET CURRENT ASSETS

572,012

526,268

TOTAL ASSETS LESS CURRENT
LIABILITIES

587,158

538,736

CREDITORS

Amounts falling due after more than one year

7

-

(40,237

)

PROVISIONS FOR LIABILITIES

(3,787

)

(3,117

)

NET ASSETS

583,371

495,382

CAPITAL AND RESERVES

Called up share capital

48

Capital redemption reserve

48

Retained earnings

583,275

495,286

SHAREHOLDERS' FUNDS

583,371

495,382

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 December 2025 and were signed on its behalf by:

M D Hanson - Director

1.	STATUTORY INFORMATION

Northern Combustion Systems 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 as modified by the revaluation of certain assets.

Turnover

Turnover comprises the value of sales (excluding VAT, similar taxes and trade discounts) of goods provided in the normal course of business. Revenue is recognised as contracts progress.

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

-

20% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33.33% on cost

Stocks

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

Financial instruments

Basic financial instruments are recognised at amortised cost. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST OR VALUATION

At 30 June 2024

48,148

18,740

12,083

9,794

88,765

Additions

3,700

-

4,977

8,677

At 29 June 2025

51,848

18,740

12,083

14,771

97,442

DEPRECIATION

At 30 June 2024

48,148

10,273

8,876

9,000

76,297

Charge for year

740

1,199

1,607

2,453

5,999

At 29 June 2025

48,888

11,472

10,483

11,453

82,296

NET BOOK VALUE

At 29 June 2025

2,960

7,268

1,600

3,318

15,146

At 29 June 2024

-

8,467

3,207

794

12,468

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.6.25

29.6.24

£

Trade debtors

299,294

151,088

Amounts recoverable on contract

31,952

39,692

Other debtors

657,418

866,902

988,664

1,057,682

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.6.25

29.6.24

£

Bank loans and overdrafts

40,224

79,860

Trade creditors

215,013

126,254

Taxation and social security

137,314

147,265

Other creditors

1,229,648

714,812

1,622,199

1,068,191

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

29.6.25

29.6.24

£

Bank loans

-

40,237

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

29.6.25

29.6.24

£

Within one year

32,000

Between one and five years

8,000

32,000

In more than five years

-

8,000

40,000

72,000

9.	SECURED DEBTS

Allica Bank Limited holds a fixed and floating charge over the property and undertakings of the company.

Clydesdale Bank PLC has registered a new fixed charge over the company. This contains a negative pledge.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 29 June 2025 and the period ended 29 June 2024:

29.6.25

29.6.24

£

M D Hanson

Balance outstanding at start of year

-

Amounts advanced

2,374

6,671

Amounts repaid

(2,374

)

(6,671

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-