Company Registration No. 09362441 (England and Wales)
N J B Plant Engineering Ltd
Unaudited accounts
for the year ended 31 December 2020
N J B Plant Engineering Ltd
Unaudited accounts
Contents
N J B Plant Engineering Ltd
Company Information
for the year ended 31 December 2020
Company Number
09362441 (England and Wales)
Registered Office
85 Stanley Road
Morecambe
Lancashire
LA3 1UT
Accountants
Blend Accountants
231-233 Marine Road Central
Morecambe
Lancashire
LA4 4BQ
N J B Plant Engineering Ltd
Statement of financial position
as at 31 December 2020
Tangible assets
30,068
29,166
Cash at bank and in hand
7,783
8,076
Creditors: amounts falling due within one year
(16,208)
(30,985)
Net current liabilities
(1,389)
(22,121)
Total assets less current liabilities
28,679
7,045
Creditors: amounts falling due after more than one year
(23,538)
-
Provisions for liabilities
Deferred tax
(5,195)
(6,301)
Net (liabilities)/assets
(54)
744
Called up share capital
12
12
Profit and loss account
(66)
732
Shareholders' funds
(54)
744
For the year ending 31 December 2020 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 March 2021 and were signed on its behalf by
Nicholas Baker
Director
Company Registration No. 09362441
N J B Plant Engineering Ltd
Notes to the Accounts
for the year ended 31 December 2020
N J B Plant Engineering Ltd is a private company, limited by shares, registered in England and Wales, registration number 09362441. The registered office is 85 Stanley Road, Morecambe, Lancashire, LA3 1UT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
40% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2020
37,613
22,491
2,160
1,138
63,402
Additions
10,571
-
-
300
10,871
At 31 December 2020
48,184
22,491
2,160
1,438
74,273
At 1 January 2020
22,975
9,840
693
728
34,236
Charge for the year
6,302
3,163
220
284
9,969
At 31 December 2020
29,277
13,003
913
1,012
44,205
At 31 December 2020
18,907
9,488
1,247
426
30,068
At 31 December 2019
14,638
12,651
1,467
410
29,166
N J B Plant Engineering Ltd
Notes to the Accounts
for the year ended 31 December 2020
5
Debtors: amounts falling due within one year
2020
2019
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
1,481
-
Obligations under finance leases and hire purchase contracts
6,486
16,907
Taxes and social security
8,241
14,037
Loans from directors
-
(135)
7
Creditors: amounts falling due after more than one year
2020
2019
Obligations under finance leases and hire purchase contracts
5,019
-
8
Average number of employees
During the year the average number of employees was 1 (2019: 1).
