Company Registration No. 13836563 (England and Wales)
Narrowboat Day Hire Ltd
Unaudited accounts
for the period from 10 January 2022 to 31 January 2023
Narrowboat Day Hire Ltd
Unaudited accounts
Contents
Narrowboat Day Hire Ltd
Company Information
for the period from 10 January 2022 to 31 January 2023
Company Number
13836563 (England and Wales)
Registered Office
62 EXETER STREET
COTTINGHAM
HU16 4LU
ENGLAND
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
Narrowboat Day Hire Ltd
Statement of financial position
as at 31 January 2023
Cash at bank and in hand
3,735
Creditors: amounts falling due within one year
(93,310)
Net current liabilities
(89,575)
Called up share capital
100
Profit and loss account
16,672
Shareholders' funds
16,772
For the period 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 18 October 2023 and were signed on its behalf by
Stephen Biddick
Director
Company Registration No. 13836563
Narrowboat Day Hire Ltd
Notes to the Accounts
for the period from 10 January 2022 to 31 January 2023
Narrowboat Day Hire Ltd is a private company, limited by shares, registered in England and Wales, registration number 13836563. The registered office is 62 EXETER STREET, COTTINGHAM, HU16 4LU, 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 period, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
Depreciated at 25% of cost
Computer equipment
Depreciated at 25% of cost
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Narrowboat Day Hire Ltd
Notes to the Accounts
for the period from 10 January 2022 to 31 January 2023
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
81,155
417
81,572
At 31 January 2023
81,155
417
81,572
Charge for the period
152
73
225
At 31 January 2023
152
73
225
At 31 January 2023
81,003
344
81,347
6
Creditors: amounts falling due within one year
2023
Taxes and social security
416
Loans from directors
92,183
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
Shares issued during the period:
100 Ordinary shares of £1 each
100
8
Transactions with related parties
As at 31st October 2022 Narrowboat Day Hire Ltd owed £446 to Canyudo Ltd. Mr S Biddick is a director of and share holder in Canyudo Ltd
Narrowboat Day Hire Ltd
Notes to the Accounts
for the period from 10 January 2022 to 31 January 2023
9
Average number of employees
During the period the average number of employees was 3.