New Century Rollers (UK) Ltd 04174309 false 2025-03-31 2026-03-30 2026-03-30 The principal activity of the company is Manufacture & Repair Bespoke Rollers Digita Accounts Production Advanced 6.30.9574.0 true 04174309 2025-03-31 2026-03-30 04174309 2026-03-30 04174309 core:HirePurchaseContracts core:CurrentFinancialInstruments 2026-03-30 04174309 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2026-03-30 04174309 core:CurrentFinancialInstruments 2026-03-30 04174309 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-30 04174309 core:Non-currentFinancialInstruments 2026-03-30 04174309 core:Non-currentFinancialInstruments core:AfterOneYear 2026-03-30 04174309 core:Buildings 2026-03-30 04174309 core:FurnitureFittingsToolsEquipment 2026-03-30 04174309 core:LandBuildings 2026-03-30 04174309 core:MotorVehicles 2026-03-30 04174309 bus:SmallEntities 2025-03-31 2026-03-30 04174309 bus:AuditExemptWithAccountantsReport 2025-03-31 2026-03-30 04174309 bus:FilletedAccounts 2025-03-31 2026-03-30 04174309 bus:SmallCompaniesRegimeForAccounts 2025-03-31 2026-03-30 04174309 bus:RegisteredOffice 2025-03-31 2026-03-30 04174309 bus:Director3 2025-03-31 2026-03-30 04174309 bus:PrivateLimitedCompanyLtd 2025-03-31 2026-03-30 04174309 core:Buildings 2025-03-31 2026-03-30 04174309 core:FurnitureFittingsToolsEquipment 2025-03-31 2026-03-30 04174309 core:LandBuildings 2025-03-31 2026-03-30 04174309 core:MotorVehicles 2025-03-31 2026-03-30 04174309 countries:EnglandWales 2025-03-31 2026-03-30 04174309 2025-03-30 04174309 core:FurnitureFittingsToolsEquipment 2025-03-30 04174309 core:LandBuildings 2025-03-30 04174309 core:MotorVehicles 2025-03-30 04174309 2024-03-31 2025-03-30 04174309 2025-03-30 04174309 core:HirePurchaseContracts core:CurrentFinancialInstruments 2025-03-30 04174309 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2025-03-30 04174309 core:CurrentFinancialInstruments 2025-03-30 04174309 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-30 04174309 core:Non-currentFinancialInstruments 2025-03-30 04174309 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-30 04174309 core:Buildings 2025-03-30 04174309 core:FurnitureFittingsToolsEquipment 2025-03-30 04174309 core:LandBuildings 2025-03-30 04174309 core:MotorVehicles 2025-03-30 04174309 core:RevaluationReserve core:LandBuildings 2024-03-31 2025-03-30 04174309 core:LandBuildings 2024-03-31 2025-03-30 iso4217:GBP xbrli:pure

Registration number: 04174309

New Century Rollers (UK) Ltd
Unaudited Filleted Financial Statements
for the Year Ended 30 March 2026

New Century Rollers (UK) Ltd

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 9

New Century Rollers (UK) Ltd

(Registration number: 04174309)
Balance Sheet as at 30 March 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 1,197,945 | 1,267,936
Current assets |  |  |
Stocks | 5 | 15,000 | 15,000
Debtors | 6 | 317,360 | 301,189
Cash at bank and in hand |  | 85,588 | 101,429
|  | 417,948 | 417,618
Creditors: Amounts falling due within one year | 7 | (314,569) | (268,625)
Net current assets |  | 103,379 | 148,993
Total assets less current liabilities |  | 1,301,324 | 1,416,929
Creditors: Amounts falling due after more than one year | 7 | (253,961) | (312,493)
Provisions for liabilities |  | (239,184) | (239,184)
Net assets |  | 808,179 | 865,252
Capital and reserves |  |  |
Called up share capital |  | 103 | 103
Revaluation reserve |  | 418,365 | 418,365
Retained earnings |  | 389,711 | 446,784
Shareholders' funds |  | 808,179 | 865,252

New Century Rollers (UK) Ltd

(Registration number: 04174309)
Balance Sheet as at 30 March 2026

For the financial year ending 30 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 July 2026 and signed on its behalf by:

......................................... Mr R S Carter Director

New Century Rollers (UK) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 March 2026

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
c/o Thurstons Accountancy Ltd
Suite 207, Business First Centre
Empire Way
Burnley
Lancashire
BB12 6HH
England

These financial statements were authorised for issue by the Board on 30 July 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared in sterling (£) using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Government grants

Government grants in relation to tangible fixed assets are credited to the profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to the profit and loss.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

New Century Rollers (UK) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 March 2026

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

New Century Rollers (UK) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 March 2026

Trade creditors

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 the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

New Century Rollers (UK) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 March 2026

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 14 (2025 - 13).

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 31 March 2025 | 800,000 | 833,550 | 120,995 | 1,754,545
Additions | - | 4,280 | - | 4,280
At 30 March 2026 | 800,000 | 837,830 | 120,995 | 1,758,825
Depreciation
At 31 March 2025 | - | 404,457 | 82,152 | 486,609
Charge for the year | - | 64,561 | 9,710 | 74,271
At 30 March 2026 | - | 469,018 | 91,862 | 560,880
Carrying amount
At 30 March 2026 | 800,000 | 368,812 | 29,133 | 1,197,945
At 30 March 2025 | 800,000 | 429,093 | 38,843 | 1,267,936

Included within the net book value of land and buildings above is £800,000 (2025 - £800,000) in respect of freehold land and buildings.

New Century Rollers (UK) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 March 2026

Revaluation

The fair value of the company's Land & building was revalued on 30 March 2025. An independent valuer was not involved.
The valuation was performed by the directors have assessed fair value in relation to other recent market transactions of similar properties.
A deferred tax liability of £98,135 has been recognised in respect of this revaluation and is presented within provisions for liabilities.
.
Had this class of asset been measured on a historical cost basis, the carrying amount would have been £283,500 (2025 - £283,500).

5 | Stocks

| 2026 £ | 2025 £
Work in progress | 15,000 | 15,000

6 | Debtors

Current | 2026 £ | 2025 £
Trade debtors | 308,014 | 279,101
Prepayments | 9,346 | -
Other debtors | - | 22,088
| 317,360 | 301,189

New Century Rollers (UK) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 March 2026

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2026 £ | 2025 £
Due within one year |  |  |
Loans and borrowings | 9 | 88,757 | 114,968
Trade creditors |  | 140,807 | 83,731
Taxation and social security |  | 59,066 | 7,540
Accruals and deferred income |  | 4,000 | 8,084
Other creditors |  | 21,939 | 54,302
|  | 314,569 | 268,625

Creditors: amounts falling due after more than one year

| Note | 2026 £ | 2025 £
Due after one year |  |  |
Loans and borrowings | 9 | 253,961 | 312,493

8 | Reserves

The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:

| Revaluation reserve £ | Total £
Surplus/deficit on property, plant and equipment revaluation | 418,365 | 418,365

New Century Rollers (UK) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 March 2026

9 | Loans and borrowings

Non-current loans and borrowings

| 2026 £ | 2025 £
Bank borrowings | 95,754 | 110,735
Hire purchase contracts | 158,207 | 201,758
| 253,961 | 312,493

Current loans and borrowings

| 2026 £ | 2025 £
Bank borrowings | 25,206 | 32,735
Hire purchase contracts | 63,551 | 82,233
| 88,757 | 114,968