NEMEC LIMITED

Company Registration Number:
SC388930 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2026

Period of accounts

Start date: 01 April 2025

End date: 31 March 2026

NEMEC LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2026

Balance sheet
Notes

NEMEC LIMITED

Balance sheet

As at 31 March 2026


Notes
2026
2025


£
£
Fixed assets
Tangible assets: 3 23,330 29,488
Total fixed assets: 23,330 29,488
Current assets
Stocks: 22,225 21,468
Debtors: 4 36,084 37,018
Cash at bank and in hand: 17,822 21,488
Total current assets: 76,131 79,974
Creditors: amounts falling due within one year: 5 (44,893) (45,589)
Net current assets (liabilities): 31,238 34,385
Total assets less current liabilities: 54,568 63,873
Creditors: amounts falling due after more than one year: 6 (6,250) (13,021)
Provision for liabilities: (4,736) (5,986)
Total net assets (liabilities): 43,582 44,866
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 43,482 44,766
Shareholders funds: 43,582 44,866

The notes form part of these financial statements

NEMEC LIMITED

Balance sheet statements

For the year ending 31 March 2026 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 August 2026
and signed on behalf of the board by:

Name: N WARD
Status: Director

The notes form part of these financial statements

NEMEC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2026

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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

Tangible fixed assets and depreciation policy

Depreciation is provided at the followig annual rates in order to write off each asset over its estimated useful life . Plant & machinery etc -25 % on reducing balance

Valuation and information policy

Stocks are valued at the lower of cost and net realable value after making allowance for slow moving items.

NEMEC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2026

2. Employees

2026 2025
Average number of employees during the period 2 2

NEMEC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2026

3. Tangible Assets

Total
Cost £
At 01 April 2025 54,951
At 31 March 2026 54,951
Depreciation
At 01 April 2025 25,463
Charge for year 6,158
At 31 March 2026 31,621
Net book value
At 31 March 2026 23,330
At 31 March 2025 29,488

NEMEC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2026

4. Debtors

2026 2025
££
Debtors due after more than one year: 0 0

NEMEC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2026

5. Creditors: amounts falling due within one year note

The amount due of £44893 is made up as follows: Hire purchase contracts £6250 Trade creditors £20508 Taxation & social security £17228 Other reditors £907

NEMEC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2026

6. Creditors: amounts falling due after more than one year note

The amount due of £6250 refers to hire purchase contracts