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REGISTERED NUMBER: 07435882 (England and Wales)












NYE SAUNDERS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023






NYE SAUNDERS LIMITED (REGISTERED NUMBER: 07435882)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NYE SAUNDERS LIMITED

COMPANY INFORMATION
for the year ended 30 November 2023







DIRECTORS: M A Staff
R L Sloman
A C Hieke





SECRETARY: M A Staff





REGISTERED OFFICE: 3 Church Street
Godalming
Surrey
GU7 1EQ





REGISTERED NUMBER: 07435882 (England and Wales)





ACCOUNTANTS: Shaw Gibbs Limited
Wey Court West
Union Road
Farnham
Surrey
GU9 7PT

NYE SAUNDERS LIMITED (REGISTERED NUMBER: 07435882)

BALANCE SHEET
30 November 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 9,118 11,728
9,118 11,728

CURRENT ASSETS
Debtors 6 113,515 113,383
Cash at bank and in hand 367,187 332,511
480,702 445,894
CREDITORS
Amounts falling due within one year 7 (97,826 ) (90,816 )
NET CURRENT ASSETS 382,876 355,078
TOTAL ASSETS LESS CURRENT
LIABILITIES

391,994

366,806

PROVISIONS FOR LIABILITIES (2,280 ) (2,229 )
NET ASSETS 389,714 364,577

CAPITAL AND RESERVES
Called up share capital 9 10,000 10,000
Retained earnings 379,714 354,577
SHAREHOLDERS' FUNDS 389,714 364,577

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

NYE SAUNDERS LIMITED (REGISTERED NUMBER: 07435882)

BALANCE SHEET - continued
30 November 2023


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 Board of Directors and authorised for issue on 12 August 2024 and were signed on its behalf by:




M A Staff - Director



R L Sloman - Director


NYE SAUNDERS LIMITED (REGISTERED NUMBER: 07435882)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 November 2023

1. STATUTORY INFORMATION

Nye Saunders Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on cost

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors
Debtors includes the value of contractual work in progress.

NYE SAUNDERS LIMITED (REGISTERED NUMBER: 07435882)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2023

2. ACCOUNTING POLICIES - continued

Turnover
Turnover is measured at the fair value of the services provided during the year excluding value added tax.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 450,000
AMORTISATION
At 1 December 2022
and 30 November 2023 450,000
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 December 2022 4,547 6,205 34,644 45,396
Additions - - 1,750 1,750
At 30 November 2023 4,547 6,205 36,394 47,146
DEPRECIATION
At 1 December 2022 4,200 4,710 24,758 33,668
Charge for year 69 299 3,992 4,360
At 30 November 2023 4,269 5,009 28,750 38,028
NET BOOK VALUE
At 30 November 2023 278 1,196 7,644 9,118
At 30 November 2022 347 1,495 9,886 11,728

NYE SAUNDERS LIMITED (REGISTERED NUMBER: 07435882)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 19,507 33,092
Amounts recoverable on contract 73,008 69,534
Prepayments 21,000 10,757
113,515 113,383

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 2,202 4,534
Tax 41,525 41,675
Social security and other taxes 7,927 6,425
VAT 30,351 25,818
Other creditors 1,447 438
Accrued expenses 14,374 11,926
97,826 90,816

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 22,800 22,800
Between one and five years 60,420 83,220
83,220 106,020

9. CALLED UP SHARE CAPITAL

Allocated, issued and fully paid:


Number:

Class:

Nominal
Value:

2023

2022
£    £   
9,960 Ordinary 'A' £1 9,960 9,960
10 Ordinary 'B' £1 10 10
10 Ordinary 'C' £1 10 10
10 Ordinary 'D' £1 10 10
10 Ordinary 'E' £1 10 10
10,000 10,000 10,000