NARLA ENGINEERING HOLDINGS LIMITED


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NARLA ENGINEERING HOLDINGS LIMITED

Registered Number
10960123
(England and Wales)

Unaudited Financial Statements for the Year ended
30 March 2023

NARLA ENGINEERING HOLDINGS LIMITED
Company Information
for the year from 31 March 2022 to 30 March 2023

Director

LINDLEY, Paul Michael

Registered Address

64 Danby Walk
Leeds
LS9 8JF

Registered Number

10960123 (England and Wales)
NARLA ENGINEERING HOLDINGS LIMITED
Statement of Financial Position
30 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Investments3252,468252,468
252,468252,468
Current assets
Debtors6,0006,000
6,0006,000
Creditors amounts falling due within one year4(240,061)(208,144)
Net current assets (liabilities)(234,061)(202,144)
Total assets less current liabilities18,40750,324
Creditors amounts falling due after one year5(12,407)(44,324)
Net assets6,0006,000
Capital and reserves
Called up share capital6,0006,000
Shareholders' funds6,0006,000
  • The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.
The financial statements were approved and authorised for issue by the Director on 27 March 2024, and are signed on its behalf by:
LINDLEY, Paul Michael
Director
Registered Company No. 10960123
NARLA ENGINEERING HOLDINGS LIMITED
Notes to the Financial Statements
for the year ended 30 March 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Basis of preparation
The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Dividend income
Dividend income is recognised when the right to receive payment is established.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.
2.Average number of employees

20232022
Average number of employees during the year11
3.Fixed asset investments

Other investments1

Total

££
Cost or valuation
At 31 March 22252,468252,468
At 30 March 23252,468252,468
Net book value
At 30 March 23252,468252,468
At 30 March 22252,468252,468

Notes

1Other investments other than loans
4.Creditors: amounts due within one year

2023

2022

££
Amounts owed to related parties210,061178,144
Other creditors30,00030,000
Total240,061208,144
5.Creditors: amounts due after one year

2023

2022

££
Other creditors12,40744,324
Total12,40744,324
6.Related party transactions
Included within creditors amounts falling due within one year is an amount of £210,061 (2022 - £178,144) due to the subsidiary company Narla Engineering and Imports Limited. The balance is interest free and repayable on demand.