Company Registration No. 5594070 (England and Wales)
N E TYRES & VAN HIRE LIMITED
Unaudited accounts
for the period from 1 November 2022 to 31 January 2024
N E TYRES & VAN HIRE LIMITED
Unaudited accounts
Contents
N E TYRES & VAN HIRE LIMITED
Company Information
for the period from 1 November 2022 to 31 January 2024
Directors
S PLATTEN
Mrs D PLATTEN
Company Number
5594070 (England and Wales)
Registered Office
15 NORTH STREET
TYWARDREATH
PAR
CORNWALL
PL24 4PW
Accountants
SG ACCOUNTANCY
102 TREVERBYN ROAD
CARCLAZE IND ESTATE
ST AUSTELL
CORNWALL
PL25 4EW
N E TYRES & VAN HIRE LIMITED
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
30,654
35,069
Creditors: amounts falling due within one year
(25,599)
(84,759)
Net current assets
5,055
22,256
Total assets less current liabilities
5,055
112,873
Creditors: amounts falling due after more than one year
-
(25,997)
Called up share capital
2
2
Profit and loss account
5,053
86,874
Shareholders' funds
5,055
86,876
For the period ending 31 January 2024 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 8 February 2024 and were signed on its behalf by
S PLATTEN
Director
Company Registration No. 5594070
N E TYRES & VAN HIRE LIMITED
Notes to the Accounts
for the period from 1 November 2022 to 31 January 2024
N E TYRES & VAN HIRE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 5594070. The registered office is 15 NORTH STREET, TYWARDREATH, PAR, CORNWALL, PL24 4PW.
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 period, 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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
99,314
124,733
7,348
231,395
Disposals
(99,314)
(124,733)
(7,581)
(231,628)
At 31 January 2024
-
-
-
-
At 1 November 2022
74,509
59,855
6,414
140,778
On disposals
(74,509)
(59,855)
(6,414)
(140,778)
At 31 January 2024
-
-
-
-
At 31 January 2024
-
-
-
-
At 31 October 2022
24,805
64,878
934
90,617
N E TYRES & VAN HIRE LIMITED
Notes to the Accounts
for the period from 1 November 2022 to 31 January 2024
Amounts falling due within one year
Accrued income and prepayments
-
4,117
6
Creditors: amounts falling due within one year
2024
2022
Taxes and social security
4,516
1,736
Loans from directors
11,301
41,239
7
Creditors: amounts falling due after more than one year
2024
2022
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the period the average number of employees was 7 (2022: 7).