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REGISTERED NUMBER: SC124740 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

C.F. NASH (WHOLESALE STATIONER) LIMITED

C.F. NASH (WHOLESALE STATIONER) LIMITED (REGISTERED NUMBER: SC124740)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


C.F. NASH (WHOLESALE STATIONER) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: Glenn Nash





REGISTERED OFFICE: Garthland
38 West Argyll Street
Helensburgh
G84 8DD





REGISTERED NUMBER: SC124740 (Scotland)





ACCOUNTANTS: Carrol & Co
Chartered Accountants
14 Rosemount Meadows
Bothwell
G71 8EL

C.F. NASH (WHOLESALE STATIONER) LIMITED (REGISTERED NUMBER: SC124740)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2023

31.8.23 31.8.22
Notes £    £   
CURRENT ASSETS
Debtors 4 949,767 949,767
TOTAL ASSETS LESS CURRENT
LIABILITIES

949,767

949,767

CREDITORS
Amounts falling due after more than one
year

5

809,000

809,000
NET ASSETS 140,767 140,767

CAPITAL AND RESERVES
Called up share capital 74,000 74,000
Share premium 53,001 53,001
Retained earnings 13,766 13,766
SHAREHOLDERS' FUNDS 140,767 140,767

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

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

The director acknowledges his 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 director and authorised for issue on 3 April 2024 and were signed by:





Glenn Nash - Director


C.F. NASH (WHOLESALE STATIONER) LIMITED (REGISTERED NUMBER: SC124740)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023


1. STATUTORY INFORMATION

C.f. Nash (Wholesale Stationer) Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 company was dormant throughout the current year and previous year.

Financial instruments
Basic financial instruments are recognised as follows:

(i) Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method less any impairment.

(ii) Cash and cash equivalents
Cash and cash equivalents include cash at bank and in hand.

Cash and cash equivalents are shown net of bank overdrafts, which are included as current borrowings in liabilities on the statement of financial position.

(iii) Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

C.F. NASH (WHOLESALE STATIONER) LIMITED (REGISTERED NUMBER: SC124740)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Amounts owed by group undertakings 949,767 949,767

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.23 31.8.22
£    £   
Preference shares 800,000 800,000
Accruals and deferred income 9,000 9,000
809,000 809,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Preference shares 800,000 800,000

The holders of the Preferred Ordinary Shares shall receive a fixed net cash dividend per share at the rate of a quarter per cent per annum of the par value thereof.

On a return of assets on liquidation or capital reduction or otherwise, the assets of the company remaining after the payment of its liabilities shall be applied in the following order or priority:

(i) first in paying to the holder of the Preferred Ordinary Shares of £1 per share together with a sum equal to any arrears or accruals of dividend calculated down to the date of the return of capital;

(ii) second in paying to the holder of Ordinary Shares £1 per share;

(iii) the balance of such assets shall be distributed to the holders of the Ordinary Shares in proportion to the amounts paid up or credited as paid up on the Ordinary shares held by them.

The holders of the Preferred Ordinary Shares shall not by reason of such holding be entitled to receive notice of or to attend, vote or speak at any general meeting of the company.