NICHOLSON DIAMOND DRILLING LIMITED

Company Registration Number:
10299674 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

NICHOLSON DIAMOND DRILLING LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

NICHOLSON DIAMOND DRILLING LIMITED

Balance sheet

As at 31 July 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 120,224 74,001
Total fixed assets: 120,224 74,001
Current assets
Debtors:   213,123 161,250
Cash at bank and in hand: 201,627 205,396
Total current assets: 414,750 366,646
Creditors: amounts falling due within one year:   (94,422) (55,595)
Net current assets (liabilities): 320,328 311,051
Total assets less current liabilities: 440,552 385,052
Creditors: amounts falling due after more than one year: 4 (64,501) (40,000)
Provision for liabilities: (22,985)
Total net assets (liabilities): 353,066 345,052
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 352,966 344,952
Shareholders funds: 353,066 345,052

The notes form part of these financial statements

NICHOLSON DIAMOND DRILLING LIMITED

Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 March 2024
and signed on behalf of the board by:

Name: P Nicholson
Status: Director

The notes form part of these financial statements

NICHOLSON DIAMOND DRILLING LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NICHOLSON DIAMOND DRILLING LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 2022
Average number of employees during the period 14 14

NICHOLSON DIAMOND DRILLING LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible Assets

Total
Cost £
At 01 August 2022 209,361
Additions 98,768
Disposals (28,070)
At 31 July 2023 280,059
Depreciation
At 01 August 2022 135,360
Charge for year 41,949
On disposals (17,474)
At 31 July 2023 159,835
Net book value
At 31 July 2023 120,224
At 31 July 2022 74,001

NICHOLSON DIAMOND DRILLING LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Creditors: amounts falling due after more than one year note

Debt due after more than one year repayable between one and five years

NICHOLSON DIAMOND DRILLING LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Related party transactions

Name of the related party: Professional Concrete Cutting and Coring Limited
Relationship:
Mr J Hupton is a shareholder and director
Description of the Transaction: Management charges £8050
£
Balance at 01 August 2022 0
Balance at 31 July 2023 0
Name of the related party: NDD Demolition and Groundworks Limited
Relationship:
Mr P Nicholson is a director and shareholder
Description of the Transaction: Suppied goods and services £10833, purchased goods and services £21438
£
Balance at 01 August 2022 0
Balance at 31 July 2023 0

Loan to mr J Hupton in 2022, repaid in full £3500Loan to Mr P Nicholson in 2022, repaid in full £8472Loan to P Nicholson due £669