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REGISTERED NUMBER: 07051113 (England and Wales)












ABRIDGED AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

NATIONWIDE DATA COLLECTION (SCOTLAND)
LIMITED

NATIONWIDE DATA COLLECTION (SCOTLAND)
LIMITED (REGISTERED NUMBER: 07051113)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


NATIONWIDE DATA COLLECTION (SCOTLAND)
LIMITED

COMPANY INFORMATION
for the year ended 31 March 2023







DIRECTORS: G O'Regan
P M Murray



REGISTERED OFFICE: Haseley Office Centre
Firs Lane
Haseley
Warwick
Warwickshire
CV35 7LS



REGISTERED NUMBER: 07051113 (England and Wales)



SENIOR STATUTORY AUDITOR: Wayne Gutteridge FCA



AUDITORS: Harrison Beale & Owen Limited
Chartered Accountants and Statutory Auditors
Seven Stars House
1 Wheler Road
Coventry
CV3 4LB

NATIONWIDE DATA COLLECTION (SCOTLAND)
LIMITED (REGISTERED NUMBER: 07051113)

ABRIDGED BALANCE SHEET
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 63,817 61,551

CURRENT ASSETS
Debtors 5 81,197 132,125

CREDITORS
Amounts falling due within one year 95,337 182,966
NET CURRENT LIABILITIES (14,140 ) (50,841 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,677

10,710

CREDITORS
Amounts falling due after more than one year (10,597 ) -

PROVISIONS FOR LIABILITIES (13,197 ) (7,913 )
NET ASSETS 25,883 2,797

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 25,683 2,597
SHAREHOLDERS' FUNDS 25,883 2,797

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2023 and were signed on its behalf by:





G O'Regan - Director


NATIONWIDE DATA COLLECTION (SCOTLAND)
LIMITED (REGISTERED NUMBER: 07051113)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2023

1. STATUTORY INFORMATION

Nationwide Data Collection (Scotland) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts have been prepared in accordance with applicable accounting standards. The principal accounting policies adopted in the preparation of the financial statements are set out below and remain unchanged from the prior year.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance and 25% straight line
Computer equipment - 15% on reducing balance

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 or deferred taxation assets and liabilities are not discounted.

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.


NATIONWIDE DATA COLLECTION (SCOTLAND)
LIMITED (REGISTERED NUMBER: 07051113)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

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 year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2022 189,376
Additions 29,963
Disposals (25,822 )
At 31 March 2023 193,517
DEPRECIATION
At 1 April 2022 127,825
Charge for year 21,241
Eliminated on disposal (19,366 )
At 31 March 2023 129,700
NET BOOK VALUE
At 31 March 2023 63,817
At 31 March 2022 61,551

NATIONWIDE DATA COLLECTION (SCOTLAND)
LIMITED (REGISTERED NUMBER: 07051113)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 April 2022 45,387
Additions 25,103
Disposals (22,694 )
At 31 March 2023 47,796
DEPRECIATION
At 1 April 2022 34,041
Charge for year 11,949
Eliminated on disposal (17,022 )
At 31 March 2023 28,968
NET BOOK VALUE
At 31 March 2023 18,828
At 31 March 2022 11,346

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other debtors - 3,795

6. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2023 2022
£    £   
Net obligations repayable:
Within one year 8,477 15,116
Between one and five years 10,597 -
19,074 15,116

NATIONWIDE DATA COLLECTION (SCOTLAND)
LIMITED (REGISTERED NUMBER: 07051113)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023

6. LEASING AGREEMENTS - continued

Non-cancellable operating leases
2023 2022
£    £   
Within one year 18,241 18,241
Between one and five years 72,964 72,964
In more than five years - 18,241
91,205 109,446

7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 19,074 15,116

The balances are secured against the assets to which they relate.

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Wayne Gutteridge FCA (Senior Statutory Auditor)
for and on behalf of Harrison Beale & Owen Limited

9. PENSION COMMITMENTS

As at the year end, pension commitments of £110 (2022: £110) remained payable to the pension company.

10. CONTINGENT LIABILITIES

At the year end the company was subject to a company corporate guarantee of £300,000 in favour of its parent
undertaking, Transportation Data Surveys Limited.