Registered Number:05978157 |
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
Nick Davies Limited
Statement of Financial Position
2023
2024
4
219,551
219,551
219,551
219,551
Trade and other receivables |
117
117
5
4,263
Cash and cash equivalents |
8,108
8,225
4,380
Trade and other payables: amounts falling due within one |
year |
(1,399)
(2,928)
6
2,981
5,297
Net current assets
Total assets less current liabilities |
224,848
222,532
224,848
Net assets
222,532
100
100
224,748
222,432
224,848
222,532
Shareholders' funds
For the year ended 31 March 2024 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Nicholas Davies Director |
These financial statements were approved and authorised for issue by the Board on 27 August 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2024
Nick Davies Limited
Notes to the Financial Statements
Statutory Information
Nick Davies Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 05978157. |
Principal place of business: |
58 Grange Road
Lewes
East Sussex
BN7 1TU
Ground Floor 66
High Street
Lewes
BN7 1XG
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business, has been amortised evenly over its estimated useful life of 2 years. |
Intangible assets
Branding acquired in a business combination that qualify for separate recognition are recognised as intangible assets at their fair values. All finite-lived intangible assets, are accounted for using the cost model whereby capitalised costs are amortised on a straight-line basis over their estimated useful lives. Residual values and useful lives are reviewed at each reporting date. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
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For the year ended 31 March 2024
Nick Davies Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets |
Goodwill
23,800
23,800
23,800
23,800
-
-
3. Property, plant and equipment |
5,443
5,443
Provision for depreciation and impairment |
5,443
5,443
-
-
219,551
219,551
219,551
219,551
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For the year ended 31 March 2024
Nick Davies Limited
Notes to the Financial Statements Continued
5. Trade and other receivables |
2023
2024
117
117
6. Trade and other payables: amounts falling due within one year |
2023
2024
Taxation and social security |
2,138
609
790
790
2,928
1,399
7. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
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