NJO Technology Limited Filleted accounts for Companies House (small and micro)
NJO Technology Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
02967678
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Statement of Financial Position |
2022 |
2021 |
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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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--------- |
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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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Creditors: amounts falling due after more than one year |
8 |
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Provisions
Taxation including deferred tax |
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Other provisions |
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45,184 |
32,475 |
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Net assets |
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Capital and reserves
Called up share capital |
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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 income and retained earnings has not been delivered.
Directors' responsibilities:
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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
16 December 2022
, and are signed on behalf of the board by:
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Director |
Director |
Company registration number:
02967678
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Notes to the Financial Statements |
Year ended 30 April 2022
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 1/2 Fell View Industrial Estate, Shap Road, Kendal, Cumbria, LA9 6NZ.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
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:
Leasehold improvements |
- |
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Plant and machinery |
- |
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Fixtures and fittings |
- |
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Computer equipment |
- |
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Impairment of fixed assets
Stocks
Finance leases and hire purchase contracts
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
7
(2021:
7
).
5.
Tangible assets
Land and buildings |
Plant and machinery |
Fixtures and fittings |
Equipment |
Total |
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£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 May 2021 |
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Additions |
– |
– |
– |
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At 30 April 2022 |
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Depreciation |
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At 1 May 2021 |
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Charge for the year |
– |
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At 30 April 2022 |
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Carrying amount |
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At 30 April 2022 |
– |
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At 30 April 2021 |
– |
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6.
Debtors
2022 |
2021 |
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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
2022 |
2021 |
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£ |
£ |
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Bank loans and overdrafts |
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Trade creditors |
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Corporation tax |
– |
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Social security and other taxes |
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Other creditors |
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8.
Creditors:
amounts falling due after more than one year
2022 |
2021 |
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£ |
£ |
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Bank loans and overdrafts |
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9.
Directors' advances, credits and guarantees
The directors maintained credit balance loans with the company throughout the year.
10.
Related party transactions
The company was under the control of
Mr T M T Rawlinson
and Mrs A Rawlinson
, both directors and shareholders, throughout the current and previous year. The directors had credit balance loans with the company totalling £11,563 (2021 - £10,820) During the year the company continued renting premises from the directors £16,800 (2021 - £16,800) was paid to the directors during the year. During the year the directors were paid dividends of £30,000 each (2021 - £25,000 each).