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Company Registration No. 12116998 (England and Wales)
NEMETH LIMITED Unaudited accounts for the year ended 31 July 2023
NEMETH LIMITED Unaudited accounts Contents
Page
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NEMETH LIMITED Company Information for the year ended 31 July 2023
Director
G J Nemeth
Company Number
12116998 (England and Wales)
Registered Office
12 CWRT Y PARC EARLSWOOD ROAD CARDIFF CAERDYDD CF14 5GH
Accountants
williams lester accountants ltd 12 Cwrt Y Parc, Earlswood Road Llanishen Cardiff Cardiff CF14 5GH
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NEMETH LIMITED Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
65 
Current assets
Debtors
- 
685 
Cash at bank and in hand
- 
6 
- 
691 
Creditors: amounts falling due within one year
11,988 
11,130 
Net current assets
11,988 
11,821 
Total assets less current liabilities
11,988 
11,886 
Creditors: amounts falling due after more than one year
(11,605)
(11,444)
Net assets
383 
442 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
379 
438 
Shareholders' funds
383 
442 
For the year ending 31 July 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 16 August 2023 and were signed on its behalf by
G J Nemeth Director Company Registration No. 12116998
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NEMETH LIMITED Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
NEMETH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12116998. The registered office is 12 CWRT Y PARC, EARLSWOOD ROAD, CARDIFF, CAERDYDD, CF14 5GH.
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:
Motor vehicles
20% reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2022
195 
At 31 July 2023
195 
Depreciation
At 1 August 2022
130 
Charge for the year
65 
At 31 July 2023
195 
Net book value
At 31 July 2023
- 
At 31 July 2022
65 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
685 
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NEMETH LIMITED Notes to the Accounts for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
1,157 
- 
VAT
8,942 
6,784 
Taxes and social security
2,264 
2,907 
Loans from directors
(24,351)
(20,821)
(11,988)
(11,130)
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
11,605 
11,444 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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