Nuclear Safety Enterprises Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03716264 (England and Wales)

NUCLEAR SAFETY ENTERPRISES LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 MARCH 2019 TO 31 MARCH 2020

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J R Robertson

Mrs H Robertson

REGISTERED OFFICE:

57 Porters Lane

Oakwood

Derby

Derbyshire

DE21 4FZ

REGISTERED NUMBER:

03716264 (England and Wales)

ACCOUNTANTS:

Maple Accountancy Ltd

83 Friar Gate

Derby

Derbyshire

DE1 1FL

FIXED ASSETS

Tangible assets

4

14,292

17,284

CURRENT ASSETS

Debtors

332

16,455

Cash at bank

49,725

32,078

50,057

48,533

CREDITORS

Amounts falling due within one year

37,014

25,073

NET CURRENT ASSETS

13,043

23,460

TOTAL ASSETS LESS CURRENT LIABILITIES

27,335

40,744

CREDITORS

Amounts falling due after more than one year

9,295

14,356

NET ASSETS

18,040

26,388

CAPITAL AND RESERVES

Called up share capital

6

6

Retained earnings

18,034

26,382

SHAREHOLDERS' FUNDS

18,040

26,388

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 March 2020 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 May 2020 and were signed on its behalf by:

J R Robertson - Director

1.	STATUTORY INFORMATION

Nuclear Safety Enterprises Ltd is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the period end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2019 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 March 2019

46,777

Additions

1,543

At 31 March 2020

48,320

DEPRECIATION

At 1 March 2019

29,493

Charge for period

4,535

At 31 March 2020

34,028

NET BOOK VALUE

At 31 March 2020

14,292

At 28 February 2019

17,284