IRIS Accounts Production v23.3.1.45 09587764 Board of Directors Board of Directors 1.6.22 31.5.23 31.5.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure095877642022-05-31095877642023-05-31095877642022-06-012023-05-31095877642021-05-31095877642021-06-012022-05-31095877642022-05-3109587764ns16:EnglandWales2022-06-012023-05-3109587764ns15:PoundSterling2022-06-012023-05-3109587764ns11:Director12022-06-012023-05-3109587764ns11:Director22022-06-012023-05-3109587764ns11:PrivateLimitedCompanyLtd2022-06-012023-05-3109587764ns11:SmallEntities2022-06-012023-05-3109587764ns11:AuditExempt-NoAccountantsReport2022-06-012023-05-3109587764ns11:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3109587764ns11:SmallCompaniesRegimeForAccounts2022-06-012023-05-3109587764ns11:FullAccounts2022-06-012023-05-3109587764ns11:CompanySecretary12022-06-012023-05-3109587764ns11:RegisteredOffice2022-06-012023-05-3109587764ns6:CurrentFinancialInstruments2023-05-3109587764ns6:CurrentFinancialInstruments2022-05-3109587764ns6:ShareCapital2023-05-3109587764ns6:ShareCapital2022-05-3109587764ns6:RetainedEarningsAccumulatedLosses2023-05-3109587764ns6:RetainedEarningsAccumulatedLosses2022-05-3109587764ns6:PlantMachinery2022-05-3109587764ns6:PlantMachinery2022-06-012023-05-3109587764ns6:PlantMachinery2023-05-3109587764ns6:PlantMachinery2022-05-3109587764ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2022-06-012023-05-3109587764ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2023-05-3109587764ns6:WithinOneYearns6:CurrentFinancialInstruments2023-05-3109587764ns6:WithinOneYearns6:CurrentFinancialInstruments2022-05-31
REGISTERED NUMBER: 09587764 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

Nic Whittaker Limited

Nic Whittaker Limited (Registered number: 09587764)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Nic Whittaker Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: N Whittaker
Miss E Walker





SECRETARY:





REGISTERED OFFICE: 6 Trinity Place
Midland Drive
Sutton Coldfield
West Midlands
B72 1TX





REGISTERED NUMBER: 09587764 (England and Wales)





ACCOUNTANTS: Clover Chartered Certified Accountants
6 Trinity Place
Midland Drive
Sutton Coldfield
West Midlands
B72 1TX

Nic Whittaker Limited (Registered number: 09587764)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 78,109 510

CURRENT ASSETS
Debtors 5 - 5,000
Cash at bank 43,916 51,524
43,916 56,524
CREDITORS
Amounts falling due within one year 6 (95,645 ) (20,106 )
NET CURRENT (LIABILITIES)/ASSETS (51,729 ) 36,418
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,380

36,928

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 26,378 36,926
SHAREHOLDERS' FUNDS 26,380 36,928

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)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.

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

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 26 January 2024 and were signed on its behalf by:




N Whittaker - Director



Miss E Walker - Director


Nic Whittaker Limited (Registered number: 09587764)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Nic Whittaker 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.

Turnover
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
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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Nic Whittaker Limited (Registered number: 09587764)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022 10,184
Additions 104,256
At 31 May 2023 114,440
DEPRECIATION
At 1 June 2022 9,674
Charge for year 26,657
At 31 May 2023 36,331
NET BOOK VALUE
At 31 May 2023 78,109
At 31 May 2022 510

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

Plant and
machinery
etc
£   
COST
Additions 103,257
At 31 May 2023 103,257
DEPRECIATION
Charge for year 25,814
At 31 May 2023 25,814
NET BOOK VALUE
At 31 May 2023 77,443

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Other debtors - 5,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Hire purchase contracts 91,800 -
Trade creditors 89 90
Taxation and social security 2,858 19,096
Other creditors 898 920
95,645 20,106

Nic Whittaker Limited (Registered number: 09587764)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

7. ULTIMATE CONTROLLING PARTY

The controlling party is N Whittaker.

The ultimate controlling party is N Whittaker.