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REGISTERED NUMBER: 12008062 (England and Wales)















Unaudited Financial Statements

for the Period 1 June 2022 to 29 May 2023

for

Nationwide Vehicle Rentals Group Ltd

Nationwide Vehicle Rentals Group Ltd (Registered number: 12008062)






Contents of the Financial Statements
for the Period 1 June 2022 to 29 May 2023




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Nationwide Vehicle Rentals Group Ltd

Company Information
for the Period 1 June 2022 to 29 May 2023







DIRECTOR: F Thomas





REGISTERED OFFICE: International House
10 Churchill Way
Cardiff
United Kingdom
CF10 2HE





REGISTERED NUMBER: 12008062 (England and Wales)





ACCOUNTANTS: Thickbroom Coventry Limited
Chartered Accountants
147a High Street
Waltham Cross
Hertfordshire
EN8 7AP

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Nationwide Vehicle Rentals Group Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Director's Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Nationwide Vehicle Rentals Group Ltd for the period ended 29 May 2023 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Nationwide Vehicle Rentals Group Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Nationwide Vehicle Rentals Group Ltd and state those matters that we have agreed to state to the director of Nationwide Vehicle Rentals Group Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Nationwide Vehicle Rentals Group Ltd and its director for our work or for this report.

It is your duty to ensure that Nationwide Vehicle Rentals Group Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Nationwide Vehicle Rentals Group Ltd. You consider that Nationwide Vehicle Rentals Group Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Nationwide Vehicle Rentals Group Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Thickbroom Coventry Limited
Chartered Accountants
147a High Street
Waltham Cross
Hertfordshire
EN8 7AP


30 August 2024

Nationwide Vehicle Rentals Group Ltd (Registered number: 12008062)

Statement of Financial Position
29 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 13,667

CURRENT ASSETS
Debtors 5 82,710 57,189
Cash at bank 16,003 40,473
98,713 97,662
CREDITORS
Amounts falling due within one year 6 46,581 112,809
NET CURRENT ASSETS/(LIABILITIES) 52,132 (15,147 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

52,132

(1,480

)

CREDITORS
Amounts falling due after more than one
year

7

19,676

29,514
NET ASSETS/(LIABILITIES) 32,456 (30,994 )

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 32,455 (30,995 )
SHAREHOLDERS' FUNDS 32,456 (30,994 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 May 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Nationwide Vehicle Rentals Group Ltd (Registered number: 12008062)

Statement of Financial Position - continued
29 May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 August 2024 and were signed by:





F Mckenzie - Director


Nationwide Vehicle Rentals Group Ltd (Registered number: 12008062)

Notes to the Financial Statements
for the Period 1 June 2022 to 29 May 2023

1. STATUTORY INFORMATION

Nationwide Vehicle Rentals Group Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

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

Nationwide Vehicle Rentals Group Ltd (Registered number: 12008062)

Notes to the Financial Statements - continued
for the Period 1 June 2022 to 29 May 2023

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 June 2022 16,667
Disposals (16,667 )
At 29 May 2023 -
DEPRECIATION
At 1 June 2022 3,000
Eliminated on disposal (3,000 )
At 29 May 2023 -
NET BOOK VALUE
At 29 May 2023 -
At 31 May 2022 13,667

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 54,647
Other debtors 82,710 2,542
82,710 57,189

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,838 9,838
Taxation and social security 14,160 -
Other creditors 22,583 102,971
46,581 112,809

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 19,676 29,514

Nationwide Vehicle Rentals Group Ltd (Registered number: 12008062)

Notes to the Financial Statements - continued
for the Period 1 June 2022 to 29 May 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary 1 1 1

9. RELATED PARTY DISCLOSURES

Major Holdings Limited has been identified as a related party.

At the balance sheet date Major Holdings Limited owes Nationwide Vehicle Rentals Limited £82,710.

10. ULTIMATE CONTROLLING PARTY

The controlling party is F Thomas.