Company Registration No. 14034478 (England and Wales)
N166 Limited
Unaudited accounts
for the year ended 30 April 2025
N166 Limited
Unaudited accounts
Contents
N166 Limited
Company Information
for the year ended 30 April 2025
Director
Vincent Man-Hung Luk
Company Number
14034478 (England and Wales)
Registered Office
79 Scarisbrick New Road
Southport
Merseyside
PR8 6LJ
England
N166 Limited
Statement of financial position
as at 30 April 2025
Tangible assets
156,690
156,990
Cash at bank and in hand
7,834
11,332
Creditors: amounts falling due within one year
(4,268)
(5,564)
Net current assets
3,566
5,768
Total assets less current liabilities
170,106
162,878
Creditors: amounts falling due after more than one year
(180,027)
(172,201)
Net liabilities
(9,921)
(9,323)
Called up share capital
1
1
Profit and loss account
(9,922)
(9,324)
Shareholders' funds
(9,921)
(9,323)
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 members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 June 2022 and were signed on its behalf by
Vincent Man-Hung Luk
Director
Company Registration No. 14034478
N166 Limited
Notes to the Accounts
for the year ended 30 April 2025
N166 Limited is a private company, limited by shares, registered in England and Wales, registration number 14034478. The registered office is 79 Scarisbrick New Road, Southport, Merseyside, PR8 6LJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Holding Value
Plant & machinery
18% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 May 2024
154,994
2,762
157,756
At 30 April 2025
154,994
2,762
157,756
Charge for the year
-
300
300
At 30 April 2025
-
1,066
1,066
At 30 April 2025
154,994
1,696
156,690
At 30 April 2024
154,994
1,996
156,990
5
Investments
Subsidiary undertakings
Valuation at 1 May 2024
120
Valuation at 30 April 2025
9,850
N166 Limited
Notes to the Accounts
for the year ended 30 April 2025
6
Creditors: amounts falling due within one year
2025
2024
Accrued preference dividends
150
1,940
Loans from directors
4,118
3,624
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
180,027
172,201
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).