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REGISTERED NUMBER:
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE PERIOD |
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2 DECEMBER 2016 TO 31 DECEMBER 2017 |
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FOR |
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NORTHGATE SOLAR CONTROLS LIMITED |
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REGISTERED NUMBER:
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE PERIOD |
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2 DECEMBER 2016 TO 31 DECEMBER 2017 |
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FOR |
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NORTHGATE SOLAR CONTROLS LIMITED |
NORTHGATE SOLAR CONTROLS LIMITED (REGISTERED NUMBER: 10507498) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 2 DECEMBER 2016 TO 31 DECEMBER 2017 |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 4 |
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NORTHGATE SOLAR CONTROLS LIMITED |
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COMPANY INFORMATION |
FOR THE PERIOD 2 DECEMBER 2016 TO 31 DECEMBER 2017 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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Chartered Accountants |
Saxon House |
Hellesdon Park Road |
Norwich |
Norfolk |
NR6 5DR |
NORTHGATE SOLAR CONTROLS LIMITED (REGISTERED NUMBER: 10507498) |
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BALANCE SHEET |
31 DECEMBER 2017 |
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Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
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CURRENT ASSETS |
Stocks |
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Debtors | 5 |
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Cash at bank and in hand |
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CREDITORS |
Amounts falling due within one year | 6 |
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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 |
7 |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital |
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Retained earnings |
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The directors acknowledge their responsibilities for: |
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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. |
NORTHGATE SOLAR CONTROLS LIMITED (REGISTERED NUMBER: 10507498) |
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BALANCE SHEET - continued |
31 DECEMBER 2017 |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the Board of Directors on
by: |
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NORTHGATE SOLAR CONTROLS LIMITED (REGISTERED NUMBER: 10507498) |
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NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 2 DECEMBER 2016 TO 31 DECEMBER 2017 |
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1. | STATUTORY INFORMATION |
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Northgate Solar Controls Limited is a
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company's registered number and registered office address can be found on the Company Information page. |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, |
rebates, value added tax and other sales taxes. |
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Tangible fixed assets |
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Plant and machinery etc | - |
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Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
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Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in |
bringing stocks to their present location and condition. |
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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. |
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Current or deferred taxation assets and liabilities are not discounted. |
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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. |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
balance sheet date. |
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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. |
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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. |
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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. |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the period was
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NORTHGATE SOLAR CONTROLS LIMITED (REGISTERED NUMBER: 10507498) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 2 DECEMBER 2016 TO 31 DECEMBER 2017 |
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4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
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COST |
Additions |
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Disposals | ( |
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At 31 December 2017 |
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DEPRECIATION |
Charge for period |
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Eliminated on disposal | ( |
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At 31 December 2017 |
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NET BOOK VALUE |
At 31 December 2017 |
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5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade debtors |
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Other debtors |
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6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Hire purchase contracts |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Other creditors |
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Amounts falling due in more than five years: |
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Repayable by instalments |
Other loans more 5yrs instal | 247,552 |
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8. | RELATED PARTY DISCLOSURES |
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On 1 January 2017 the company acquired the assets and liabilities of Northgate Solar Controls for £427,714. |
C Roberts and his wife were partners of that undertaking. |
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During the period, total dividends of £52,960 were paid to C Roberts and his wife. |