R.G. Nixon Limited 05619131 false 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is Fuel Pump Engineer Digita Accounts Production Advanced 6.30.9574.0 true 05619131 2022-12-01 2023-11-30 05619131 2023-11-30 05619131 core:RetainedEarningsAccumulatedLosses 2023-11-30 05619131 core:ShareCapital 2023-11-30 05619131 core:CurrentFinancialInstruments 2023-11-30 05619131 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 05619131 core:FurnitureFittingsToolsEquipment 2023-11-30 05619131 core:MotorVehicles 2023-11-30 05619131 core:OtherPropertyPlantEquipment 2023-11-30 05619131 bus:SmallEntities 2022-12-01 2023-11-30 05619131 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 05619131 bus:FullAccounts 2022-12-01 2023-11-30 05619131 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 05619131 bus:RegisteredOffice 2022-12-01 2023-11-30 05619131 bus:CompanySecretaryDirector1 2022-12-01 2023-11-30 05619131 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 05619131 core:FurnitureFittings 2022-12-01 2023-11-30 05619131 core:FurnitureFittingsToolsEquipment 2022-12-01 2023-11-30 05619131 core:MotorVehicles 2022-12-01 2023-11-30 05619131 core:OtherPropertyPlantEquipment 2022-12-01 2023-11-30 05619131 core:PlantMachinery 2022-12-01 2023-11-30 05619131 countries:AllCountries 2022-12-01 2023-11-30 05619131 2022-11-30 05619131 core:FurnitureFittingsToolsEquipment 2022-11-30 05619131 core:MotorVehicles 2022-11-30 05619131 core:OtherPropertyPlantEquipment 2022-11-30 05619131 2021-12-01 2022-11-30 05619131 2022-11-30 05619131 core:RetainedEarningsAccumulatedLosses 2022-11-30 05619131 core:ShareCapital 2022-11-30 05619131 core:CurrentFinancialInstruments 2022-11-30 05619131 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 05619131 core:FurnitureFittingsToolsEquipment 2022-11-30 05619131 core:MotorVehicles 2022-11-30 05619131 core:OtherPropertyPlantEquipment 2022-11-30 iso4217:GBP xbrli:pure

Registration number: 05619131

R.G. Nixon Limited

Unaudited Financial Statements

for the Year Ended 30 November 2023

 

R.G. Nixon Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 5

 

R.G. Nixon Limited

(Registration number: 05619131)
Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

26,284

31,413

Current assets

 

Debtors

5

90,110

145,856

Cash at bank and in hand

 

157,487

93,596

 

247,597

239,452

Creditors: Amounts falling due within one year

6

(112,232)

(117,654)

Net current assets

 

135,365

121,798

Total assets less current liabilities

 

161,649

153,211

Provisions for liabilities

(6,571)

(5,968)

Net assets

 

155,078

147,243

Capital and reserves

 

Called up share capital

10

10

Profit and loss account

155,068

147,233

Shareholders' funds

 

155,078

147,243

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

 

R.G. Nixon Limited

(Registration number: 05619131)
Balance Sheet as at 30 November 2023

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account and Directors' Report has been taken.

Approved and authorised by the Board on 22 August 2024 and signed on its behalf by:
 

.........................................
Mrs T Nixon
Company secretary and director

 

R.G. Nixon Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales .

The address of its registered office is:
Blakenhall Barn West Mill Lane
Blakenhall
Nr Nantwich
Cheshire
CW5 7NP

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

R.G. Nixon Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

15% reducing balance

Fixtures, fittings and computer equipment

20% reducing balance

Motor vehicles

25% reducing balance

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2022 - 4).

4

Tangible assets

Fixtures, fittings and computer equipment
 £

Motor vehicles
 £

Plant and machinery
£

Total
£

Cost or valuation

At 1 December 2022

6,677

49,895

17,914

74,486

Additions

2,624

-

-

2,624

At 30 November 2023

9,301

49,895

17,914

77,110

Depreciation

At 1 December 2022

4,936

25,618

12,519

43,073

Charge for the year

873

6,070

810

7,753

At 30 November 2023

5,809

31,688

13,329

50,826

Carrying amount

At 30 November 2023

3,492

18,207

4,585

26,284

At 30 November 2022

1,741

24,277

5,395

31,413

 

R.G. Nixon Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

5

Debtors

2023
£

2022
£

Trade debtors

71,589

142,983

Other debtors

18,521

2,873

90,110

145,856

6

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Trade creditors

 

25,100

26,024

Taxation and social security

 

19,734

18,352

Other creditors

 

67,398

73,278

 

112,232

117,654

7

Related party transactions

Other transactions with directors

During the year, advances were made to the director in the sum of £19,150 and repayments were made in the sum of £1,776. At the year end, the director owed the company the amount of £13,360 (2022: £4,014 - owed to the directors) and this amount is included in other debtors. The loan was interest free and repayable on demand.