IRIS Accounts Production v25.4.0.155 04703775 Board of Directors Board of Directors Board of Directors 1.6.24 31.5.25 31.5.25 false true false false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04703775 2024-05-31 04703775 2025-05-31 04703775 2024-06-01 2025-05-31 04703775 2023-05-31 04703775 2023-06-01 2024-05-31 04703775 2024-05-31 04703775 ns15:EnglandWales 2024-06-01 2025-05-31 04703775 ns14:PoundSterling 2024-06-01 2025-05-31 04703775 ns10:Director1 2024-06-01 2025-05-31 04703775 ns10:Director2 2024-06-01 2025-05-31 04703775 ns10:Director3 2024-06-01 2025-05-31 04703775 ns10:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 04703775 ns10:SmallEntities 2024-06-01 2025-05-31 04703775 ns10:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 04703775 ns10:SmallCompaniesRegimeForDirectorsReport 2024-06-01 2025-05-31 04703775 ns10:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 04703775 ns10:FullAccounts 2024-06-01 2025-05-31 04703775 1 2024-06-01 2025-05-31 04703775 ns10:OrdinaryShareClass1 2024-06-01 2025-05-31 04703775 ns10:CompanySecretary1 2024-06-01 2025-05-31 04703775 ns10:RegisteredOffice 2024-06-01 2025-05-31 04703775 ns5:CurrentFinancialInstruments 2025-05-31 04703775 ns5:CurrentFinancialInstruments 2024-05-31 04703775 ns5:Non-currentFinancialInstruments 2025-05-31 04703775 ns5:Non-currentFinancialInstruments 2024-05-31 04703775 ns5:ShareCapital 2025-05-31 04703775 ns5:ShareCapital 2024-05-31 04703775 ns5:RetainedEarningsAccumulatedLosses 2025-05-31 04703775 ns5:RetainedEarningsAccumulatedLosses 2024-05-31 04703775 ns5:NetGoodwill 2024-06-01 2025-05-31 04703775 ns5:IntangibleAssetsOtherThanGoodwill 2024-06-01 2025-05-31 04703775 ns5:PlantMachinery 2024-06-01 2025-05-31 04703775 ns5:FurnitureFittings 2024-06-01 2025-05-31 04703775 ns5:MotorVehicles 2024-06-01 2025-05-31 04703775 ns5:ComputerEquipment 2024-06-01 2025-05-31 04703775 ns5:NetGoodwill 2024-05-31 04703775 ns5:NetGoodwill 2025-05-31 04703775 ns5:NetGoodwill 2024-05-31 04703775 ns5:PlantMachinery 2024-05-31 04703775 ns5:FurnitureFittings 2024-05-31 04703775 ns5:MotorVehicles 2024-05-31 04703775 ns5:ComputerEquipment 2024-05-31 04703775 ns5:PlantMachinery 2025-05-31 04703775 ns5:FurnitureFittings 2025-05-31 04703775 ns5:MotorVehicles 2025-05-31 04703775 ns5:ComputerEquipment 2025-05-31 04703775 ns5:PlantMachinery 2024-05-31 04703775 ns5:FurnitureFittings 2024-05-31 04703775 ns5:MotorVehicles 2024-05-31 04703775 ns5:ComputerEquipment 2024-05-31 04703775 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-05-31 04703775 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-05-31 04703775 ns5:Secured 2025-05-31 04703775 ns5:Secured 2024-05-31 04703775 ns10:OrdinaryShareClass1 2025-05-31 04703775 2 ns10:Director2 2024-05-31 04703775 2 ns10:Director2 2023-05-31 04703775 2 ns10:Director2 2024-06-01 2025-05-31 04703775 2 ns10:Director2 2023-06-01 2024-05-31 04703775 2 ns10:Director2 2025-05-31 04703775 2 ns10:Director2 2024-05-31 04703775 ns10:Director3 3 2024-05-31 04703775 ns10:Director3 3 2023-05-31 04703775 ns10:Director3 3 2024-06-01 2025-05-31 04703775 ns10:Director3 3 2023-06-01 2024-05-31 04703775 ns10:Director3 3 2025-05-31 04703775 ns10:Director3 3 2024-05-31

REGISTERED NUMBER: 04703775 (England and Wales)

| NDLT LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MAY 2025 |

NDLT LIMITED (REGISTERED NUMBER: 04703775)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

| Page |

Company Information | 1 |

Statement of Financial Position | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 7

NDLT LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MAY 2025

| DIRECTORS: | I Chapman

| R Keech

| D Keech

| SECRETARY: | I Chapman

| REGISTERED OFFICE: | 30 Burkitt Road

| Earlstrees Industrial Estate

| Corby

| Northamptonshire

| NN17 4DT

| REGISTERED NUMBER: | 04703775 (England and Wales)

| ACCOUNTANTS: | Duncan & Toplis Limited

| 14 All Saints Street

| Stamford

| Lincolnshire

| PE9 2PA

NDLT LIMITED (REGISTERED NUMBER: 04703775)

STATEMENT OF FINANCIAL POSITION

31 MAY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Property, plant and equipment | 5 | 1,120,700 |  | 1,233,880 |  |

1,120,700 |  | 1,233,880 |  |

CURRENT ASSETS

Inventories | 97,590 |  | 58,587 |  |

Debtors | 6 | 256,935 |  | 286,070 |  |

Cash at bank | 677,172 |  | 667,156 |  |

1,031,697 |  | 1,011,813 |  |

CREDITORS

Amounts falling due within one year | 7 | 413,023 |  | 417,115 |  |

NET CURRENT ASSETS | 618,674 |  | 594,698 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,739,374 |  | 1,828,578 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (26,667 | ) | (72,271 | ) |

PROVISIONS FOR LIABILITIES | (279,691 | ) | (308,194 | ) |

NET ASSETS | 1,433,016 |  | 1,448,113 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 1,000 |  | 1,000 |  |

Retained earnings | 1,432,016 |  | 1,447,113 |  |

SHAREHOLDERS' FUNDS | 1,433,016 |  | 1,448,113 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

NDLT LIMITED (REGISTERED NUMBER: 04703775)

STATEMENT OF FINANCIAL POSITION - continued

31 MAY 2025

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 Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by:

I Chapman - Director | R Keech - Director

D Keech - Director

NDLT LIMITED (REGISTERED NUMBER: 04703775)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

1. | STATUTORY INFORMATION

| NDLT 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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

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

| Goodwill

| Goodwill is being written off over a period of ten years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| 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 | - | 15% on reducing balance

| Forklift trucks and cleaning machines | - | 20% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 33% on cost

| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

| Stocks

| Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell and after making due allowance for obsolete and slow moving items.

| Financial instruments

| The company has chosen to adopt the FRS 102A in respect of financial instruments.

| Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

| At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

NDLT LIMITED (REGISTERED NUMBER: 04703775)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

| 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 12 (2024 - 11 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 June 2024

| and 31 May 2025 | 50,000 |  |

| AMORTISATION

| At 1 June 2024

| and 31 May 2025 | 50,000 |  |

| NET BOOK VALUE

| At 31 May 2025 | - |  |

| At 31 May 2024 | - |  |

NDLT LIMITED (REGISTERED NUMBER: 04703775)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

5. | PROPERTY, PLANT AND EQUIPMENT

| Forklift |

| trucks |

| and |

| Plant and |  | cleaning |  | Motor |  | Computer |

| machinery |  | machines |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 June 2024 | 110,338 |  | 2,282,922 |  | 272,942 |  | 20,520 |  | 2,686,722 |  |

| Additions | 3,940 |  | 131,430 |  | 88,349 |  | 1,181 |  | 224,900 |  |

| Disposals | - |  | (76,370 | ) | (36,963 | ) | - |  | (113,333 | ) |

| At 31 May 2025 | 114,278 |  | 2,337,982 |  | 324,328 |  | 21,701 |  | 2,798,289 |  |

| DEPRECIATION

| At 1 June 2024 | 79,393 |  | 1,234,332 |  | 126,775 |  | 12,342 |  | 1,452,842 |  |

| Charge for year | 5,385 |  | 238,385 |  | 58,434 |  | 5,471 |  | 307,675 |  |

| Eliminated on disposal | - |  | (51,496 | ) | (31,432 | ) | - |  | (82,928 | ) |

| At 31 May 2025 | 84,778 |  | 1,421,221 |  | 153,777 |  | 17,813 |  | 1,677,589 |  |

| NET BOOK VALUE

| At 31 May 2025 | 29,500 |  | 916,761 |  | 170,551 |  | 3,888 |  | 1,120,700 |  |

| At 31 May 2024 | 30,945 |  | 1,048,590 |  | 146,167 |  | 8,178 |  | 1,233,880 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 219,820 |  | 239,229 |  |

| Other debtors | 37,115 |  | 46,841 |  |

256,935 |  | 286,070 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 40,000 |  | 40,000 |  |

| Hire purchase contracts | 5,604 |  | 7,998 |  |

| Trade creditors | 171,746 |  | 210,719 |  |

| Taxation and social security | 153,203 |  | 92,765 |  |

| Other creditors | 42,470 |  | 65,633 |  |

413,023 |  | 417,115 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 26,667 |  | 66,667 |  |

| Hire purchase contracts | - |  | 5,604 |  |

26,667 |  | 72,271 |  |

NDLT LIMITED (REGISTERED NUMBER: 04703775)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 66,667 |  | 106,667 |  |

| Hire purchase contracts | 5,604 |  | 13,602 |  |

72,271 |  | 120,269 |  |

| Hire purchase contracts are secured against the assets they relate to.

| A loan has been taken out under the Coronavirus Business Interruption Loan Scheme (CBILS). The loan is secured by an existing debenture over the company's assets.

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1,000 | Ordinary | £1 | 1,000 |  | 1,000 |  |

11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 31 May 2025 and 31 May 2024:

2025 | 2024 |

£ | £ |

| R Keech

| Balance outstanding at start of year | - |  | 2,814 |  |

| Amounts repaid | - |  | (2,814 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | - |  |

| D Keech

| Balance outstanding at start of year | - |  | 3,039 |  |

| Amounts repaid | - |  | (3,039 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | - |  |

| Loans to directors are unsecured, interest free and repayable on demand.