Company Registration No. 04808419 (England and Wales)
NJ Glanville (Cornwall) Ltd
Unaudited accounts
for the year ended 30 June 2023
NJ Glanville (Cornwall) Ltd
Unaudited accounts
Contents
NJ Glanville (Cornwall) Ltd
Company Information
for the year ended 30 June 2023
Company Number
04808419 (England and Wales)
Registered Office
THE ORCHARD
MITHIAN
ST AGNES
CORNWALL
ENGLAND
Accountants
Gain Accountancy Ltd
The Orchard
Mithian
St Agnes
Cornwall
TR5 0QF
NJ Glanville (Cornwall) Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
14,668
17,266
Cash at bank and in hand
66,020
55,341
Creditors: amounts falling due within one year
(13,052)
(4,678)
Net current assets
60,357
59,701
Total assets less current liabilities
75,025
76,967
Provisions for liabilities
Deferred tax
(1,599)
(1,961)
Called up share capital
1
1
Profit and loss account
73,425
75,005
Shareholders' funds
73,426
75,006
For the year ending 30 June 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 23 October 2023 and were signed on its behalf by
N J Glanville
Director
Company Registration No. 04808419
NJ Glanville (Cornwall) Ltd
Notes to the Accounts
for the year ended 30 June 2023
NJ Glanville (Cornwall) Ltd is a private company, limited by shares, registered in England and Wales, registration number 04808419. The registered office is THE ORCHARD, MITHIAN, ST AGNES, CORNWALL, 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.
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 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:
Motor vehicles
25% on reducing balance
Fixtures & fittings
15% on reducing balance
Other tangible fixed assets
10% on Cost
General andDeferred taxation
Taxation for the year 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.
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.
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.
NJ Glanville (Cornwall) Ltd
Notes to the Accounts
for the year ended 30 June 2023
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
13,078
17,900
27,518
58,496
At 30 June 2023
13,078
17,900
27,518
58,496
At 1 July 2022
6,133
14,324
20,773
41,230
Charge for the year
695
894
1,009
2,598
At 30 June 2023
6,828
15,218
21,782
43,828
At 30 June 2023
6,250
2,682
5,736
14,668
At 30 June 2022
6,945
3,576
6,745
17,266
Amounts falling due within one year
Accrued income and prepayments
914
833
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
5,667
1,054
Loans from directors
3,300
2,022
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).