NORLIFT LIMITED Filleted accounts for Companies House (small and micro)
NORLIFT LIMITED Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
1676639
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Statement of Financial Position |
2018 |
2017 |
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Note |
£ |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Stocks |
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Debtors |
6 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
7 |
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Net current assets |
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Total assets less current liabilities |
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Provisions
Taxation including deferred tax |
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Net assets |
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Capital and reserves
Called up share capital |
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Revaluation reserve |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
4 September 2019
, and are signed on behalf of the board by:
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Director |
Director |
Company registration number:
1676639
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Notes to the Financial Statements |
Year ended 31st December 2018
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 1c Bealey Industrial Estate, Dumer Lane, Radcliffe, Manchester, M26 2BD.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery |
- |
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Fixtures and fittings |
- |
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Motor vehicles |
- |
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Equipment |
- |
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Impairment of fixed assets
Stocks
Provisions
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
8
(2017:
8
).
5.
Tangible assets
Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Equipment |
Total |
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£ |
£ |
£ |
£ |
£ |
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Cost or valuation |
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At 1st January 2018 |
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Disposals |
(
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– |
– |
– |
(
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Revaluations |
(
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– |
– |
– |
(
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------- |
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At 31st December 2018 |
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------- |
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Depreciation |
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At 1st January 2018 |
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Charge for the year |
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Disposals |
(
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– |
– |
– |
(
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------- |
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At 31st December 2018 |
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------- |
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Carrying amount |
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At 31st December 2018 |
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– |
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At 31st December 2017 |
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6.
Debtors
2018 |
2017 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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7.
Creditors:
amounts falling due within one year
2018 |
2017 |
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£ |
£ |
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Bank loans and overdrafts |
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Trade creditors |
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Social security and other taxes |
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Other creditors |
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8.
Directors' advances, credits and guarantees
Included in other creditors above is an amount of £42,941 (2017: £55,584) owed to the directors. No interest has been charged and the amount is repayable on demand.
9.
Related party transactions
The company was under the control Mr Maines and Mr Clure throughout the current and previous year.