NB Powder Coating Services Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14921087

		30 June 2025		30 June 2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		61,250		70,000
Tangible Assets	5		197,615		233,884

			258,865		303,884
CURRENT ASSETS
Stocks	6	21,000		19,500
Debtors	7	154,907		124,046
Cash at bank and in hand		13,066		5,309

		188,973		148,855
Creditors: Amounts Falling Due Within One Year	8	(567,639 )		(468,608 )

NET CURRENT ASSETS (LIABILITIES)			(378,666 )		(319,753 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(119,801 )		(15,869 )

Creditors: Amounts Falling Due After More Than One Year	9		(61,650 )		(37,355 )

NET LIABILITIES			(181,451 )		(53,224 )

CAPITAL AND RESERVES
Called up share capital	10		100		100
Share premium account			24,990		24,990
Profit and Loss Account			(206,541 )		(78,314 )

SHAREHOLDERS' FUNDS			(181,451)		(53,224)

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NB Powder Coating Services Ltd

Balance Sheet (continued)

As At 30 June 2025

For the year ending 30 June 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms Joanne Pipe

Director

21 May 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

NB Powder Coating Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14921087 . The registered office is 15 Belena Close, Creekmore Industrial Estate, Poole, Dorset, BH17 7DB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

These financial statements are presented in pound sterling which is the functional currency of the company.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 10 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% reducing balance

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.7. Financial Instruments

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially measured at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

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NB Powder Coating Services Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 17 (2024: 6)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 July 2024	87,500

As at 30 June 2025	87,500

Amortisation
As at 1 July 2024	17,500
Provided during the period	8,750

As at 30 June 2025	26,250

Net Book Value
As at 30 June 2025	61,250

As at 1 July 2024	70,000

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 July 2024	255,253	40,000	11,523	306,776
Additions	19,990	7,175	334	27,499

As at 30 June 2025	275,243	47,175	11,857	334,275

Depreciation
As at 1 July 2024	60,011	10,000	2,881	72,892
Provided during the period	52,457	9,067	2,244	63,768

As at 30 June 2025	112,468	19,067	5,125	136,660

Net Book Value
As at 30 June 2025	162,775	28,108	6,732	197,615

As at 1 July 2024	195,242	30,000	8,642	233,884

6. Stocks

	30 June 2025	30 June 2024
	£	£
Materials	21,000	19,500

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NB Powder Coating Services Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

7. Debtors

	30 June 2025	30 June 2024
	£	£
Due within one year
Trade debtors	122,766	122,096
Other debtors	32,141	1,950

	154,907	124,046

8. Creditors: Amounts Falling Due Within One Year

	30 June 2025	30 June 2024
	£	£
Trade creditors	21,404	27,088
Bank loans and overdrafts	13,809	5,548
Other creditors	451,104	403,551
Taxation and social security	81,322	32,421

	567,639	468,608

9. Creditors: Amounts Falling Due After More Than One Year

	30 June 2025	30 June 2024
	£	£
Bank loans	61,650	37,355

10. Share Capital

	30 June 2025	30 June 2024
	£	£
Allotted, Called up and fully paid	100	100

11. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	30 June 2025	30 June 2024
	£	£
Not later than one year	44,040	-
Later than one year and not later than five years	106,430	-

	150,470	-

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