Nas Tek Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03613838 (England and Wales)

Financial Statements for the Year Ended 28 February 2021

for

Nas Tek Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N A Stapley

REGISTERED OFFICE:

22 Stapleton Close

Marlow

Buckinghamshire

SL7 1TZ

REGISTERED NUMBER:

03613838 (England and Wales)

ACCOUNTANT:

Rosemary MacKenzie FCCA - HBF

Chartered Certified Accountant

61 Fisher Road

Harrow

Middlesex

HA3 7JX

FIXED ASSETS

Tangible assets

4

5,752

8,755

CURRENT ASSETS

Debtors

63,864

78,721

Cash at bank and in hand

62,711

74,972

126,575

153,693

CREDITORS

Amounts falling due within one year

62,466

78,332

NET CURRENT ASSETS

64,109

75,361

TOTAL ASSETS LESS CURRENT LIABILITIES

69,861

84,116

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

69,760

84,015

SHAREHOLDERS' FUNDS

69,861

84,116

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement and an abridged Balance Sheet for the year ended 28 February 2021 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 director and authorised for issue on 6 July 2021 and were signed by:

N A Stapley - Director

1.	STATUTORY INFORMATION

Nas Tek Limited 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 cost and 15% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 year was 2 (2020 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 March 2020

32,849

Disposals

(430

)

At 28 February 2021

32,419

DEPRECIATION

At 1 March 2020

24,094

Charge for year

3,003

Eliminated on disposal

(430

)

At 28 February 2021

26,667

NET BOOK VALUE

At 28 February 2021

5,752

At 29 February 2020

8,755