Company Registration No. 11756623 (England and Wales)
NABEL S& M LTD
Unaudited accounts
for the year ended 31 January 2023
NABEL S& M LTD
Unaudited accounts
Contents
NABEL S& M LTD
Company Information
for the year ended 31 January 2023
Company Number
11756623 (England and Wales)
Registered Office
1B 1B ST. MARYS ROAD
WATFORD
WD18 0EE
ENGLAND
Accountants
DARBOE JULA & CO LTD
TEAM HOUSE
1B ST MARY ROAD
WATFORD
HERTFORDSHIRE
WD18 0EE
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
NABEL S& M LTD
for the year ended 31 January 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
NABEL S& M LTD for the year ended
31 January 2023 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of NABEL S& M LTD, as a body, in accordance with the terms of our engagement letter dated 22 April 2021. Our work has been undertaken solely to prepare for your approval the accounts of NABEL S& M LTD and state those matters that we have agreed to state to the Board of Directors of NABEL S& M LTD, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than NABEL S& M LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that NABEL S& M LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of NABEL S& M LTD. You consider that NABEL S& M LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of NABEL S& M LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
DARBOE JULA & CO LTD
Chartered Certified Accountants
TEAM HOUSE
1B ST MARY ROAD
WATFORD
HERTFORDSHIRE
WD18 0EE
12 October 2023
NABEL S& M LTD
Statement of financial position
as at 31 January 2023
Tangible assets
83,940
100,860
Cash at bank and in hand
540
780
Creditors: amounts falling due within one year
-
(2,214)
Net current assets/(liabilities)
540
(1,434)
Total assets less current liabilities
84,480
99,426
Creditors: amounts falling due after more than one year
(7,000)
(9,000)
Called up share capital
100
100
Capital contribution reserve
76,894
89,840
Profit and loss account
486
486
Shareholders' funds
77,480
90,426
For the year ending 31 January 2023 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 20 October 2023 and were signed on its behalf by
SAMUEL NARTEY
Director
Company Registration No. 11756623
NABEL S& M LTD
Notes to the Accounts
for the year ended 31 January 2023
NABEL S& M LTD is a private company, limited by shares, registered in England and Wales, registration number 11756623. The registered office is 1B 1B ST. MARYS ROAD, WATFORD, WD18 0EE, ENGLAND.
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:
Computer equipment
5 Years
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2022
116,500
1,600
118,100
At 31 January 2023
116,500
1,600
118,100
At 1 February 2022
16,600
640
17,240
Charge for the year
16,600
320
16,920
At 31 January 2023
33,200
960
34,160
At 31 January 2023
83,300
640
83,940
At 31 January 2022
99,900
960
100,860
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
114
NABEL S& M LTD
Notes to the Accounts
for the year ended 31 January 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
7,000
9,000
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).