1 September 2022 false No description of principal activity Taxfiler 2023.14 06347139business:PrivateLimitedCompanyLtd2022-09-012023-08-31 063471392022-08-31 063471392022-09-012023-08-31 06347139business:AuditExemptWithAccountantsReport2022-09-012023-08-31 06347139business:FilletedAccounts2022-09-012023-08-31 063471392023-08-31 063471392022-08-31 06347139core:WithinOneYear2023-08-31 06347139core:WithinOneYear2022-08-31 06347139core:AfterOneYear2023-08-31 06347139core:AfterOneYear2022-08-31 06347139core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 06347139core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 06347139core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 06347139core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 06347139core:PreviouslyStatedAmount2023-08-31 06347139core:PreviouslyStatedAmount2022-08-31 06347139business:SmallEntities2022-09-012023-08-31 06347139business:Director12022-09-012023-08-31 06347139countries:EnglandWales2022-09-012023-08-31 06347139business:RegisteredOffice2022-09-012023-08-31 06347139core:PlantMachinery2022-09-012023-08-31 06347139core:PlantMachinery2022-08-31 06347139core:PlantMachinery2023-08-31 063471392021-09-012022-08-31 iso4217:GBP xbrli:pure
Company Registration No. 06347139 (England and Wales)
Nutbourne Limited Unaudited accounts for the year ended 31 August 2023
Nutbourne Limited Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,246 
9,984 
Current assets
Inventories
7,015 
13,986 
Debtors
272,715 
352,016 
Cash at bank and in hand
58,694 
7,007 
338,424 
373,009 
Creditors: amounts falling due within one year
(204,609)
(227,007)
Net current assets
133,815 
146,002 
Total assets less current liabilities
138,061 
155,986 
Creditors: amounts falling due after more than one year
(134,941)
(151,990)
Provisions for liabilities
Deferred tax
(1,061)
(1,897)
Net assets
2,059 
2,099 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
1,059 
1,099 
Shareholders' funds
2,059 
2,099 
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 27 February 2024 and were signed on its behalf by
Mr M Evans Director Company Registration No. 06347139
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Nutbourne Limited Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Nutbourne Limited is a private company, limited by shares, registered in England and Wales, registration number 06347139. The registered office is 85 Great Portland Street, London, W1W 7LT.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
Straight line - 20%
Turnover
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.
Deferred taxation
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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Stock and work in progress
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Nutbourne Limited Notes to the Accounts for the year ended 31 August 2023
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2022
131,189 
Additions
698 
At 31 August 2023
131,887 
Depreciation
At 1 September 2022
121,205 
Charge for the year
6,436 
At 31 August 2023
127,641 
Net book value
At 31 August 2023
4,246 
At 31 August 2022
9,984 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
207,871 
269,254 
Other debtors
64,844 
82,762 
272,715 
352,016 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
14,048 
10,200 
Trade creditors
79,818 
138,976 
Taxes and social security
88,048 
65,139 
Other creditors
16,782 
1,779 
Accruals
5,913 
10,913 
204,609 
227,007 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
134,941 
151,990 
8
Average number of employees
During the year the average number of employees was 14 (2022: 21).
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