Company Registration No. 05527894 (England and Wales)
NOLMAX ENTERPRISES LIMITED
Unaudited accounts
for the year ended 31 October 2023
NOLMAX ENTERPRISES LIMITED
Company Information
for the year ended 31 October 2023
Company Number
05527894 (England and Wales)
Registered Office
7 FOURACRES ROAD
MANCHESTER
M23 1FG
Accountants
Faire Services Limited
Certified Accountants
50 Northover Road
Bristol
BS9 3LJ
NOLMAX ENTERPRISES LIMITED
Statement of financial position
as at 31 October 2023
Tangible assets
9,516
8,739
Creditors: amounts falling due within one year
(50,589)
(36,930)
Net current liabilities
(50,589)
(36,930)
Called up share capital
3
3
Profit and loss account
27,249
40,131
Shareholders' funds
27,252
40,134
For the year ending 31 October 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 18 August 2024 and were signed on its behalf by
Mrs Nono Mwimbi
Director
Company Registration No. 05527894
NOLMAX ENTERPRISES LIMITED
Notes to the Accounts
for the year ended 31 October 2023
NOLMAX ENTERPRISES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05527894. The registered office is 7 FOURACRES ROAD, MANCHESTER, M23 1FG.
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 year, 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.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2022
29,033
9,150
38,183
At 31 October 2023
29,810
9,150
38,960
At 1 November 2022
22,077
7,367
29,444
At 31 October 2023
22,077
7,367
29,444
At 31 October 2023
7,733
1,783
9,516
At 31 October 2022
6,956
1,783
8,739
5
Investments
Other investments
Valuation at 1 November 2022
68,325
Valuation at 31 October 2023
68,325
NOLMAX ENTERPRISES LIMITED
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,931
5,209
Taxes and social security
21,361
21,361
Loans from directors
22,797
2,277
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).