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REGISTERED NUMBER: 12163982 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

FOR

NIGHTSWOOD LIMITED

NIGHTSWOOD LIMITED (REGISTERED NUMBER: 12163982)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


NIGHTSWOOD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTORS: Mr D Betti
Mr K Koperek





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 12163982 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02 High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

NIGHTSWOOD LIMITED (REGISTERED NUMBER: 12163982)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 417,574 405,014

CURRENT ASSETS
Cash at bank 355 728

CREDITORS
Amounts falling due within one year 5 225,591 203,641
NET CURRENT LIABILITIES (225,236 ) (202,913 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

192,338

202,101

CREDITORS
Amounts falling due after more than one
year

6

(199,870

)

(207,065

)

PROVISIONS FOR LIABILITIES 8 (1,566 ) (583 )
NET LIABILITIES (9,098 ) (5,547 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 (9,198 ) (5,647 )
SHAREHOLDERS' FUNDS (9,098 ) (5,547 )

NIGHTSWOOD LIMITED (REGISTERED NUMBER: 12163982)

STATEMENT OF FINANCIAL POSITION - continued
31 AUGUST 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

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 Board of Directors and authorised for issue on 27 August 2024 and were signed on its behalf by:





Mr K Koperek - Director


NIGHTSWOOD LIMITED (REGISTERED NUMBER: 12163982)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023


1. STATUTORY INFORMATION

Nightswood 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.

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.
Plant and machinery - 25% on reducing balance
Computer equipment - 33% on cost

Long leasehold commercial property has been depreciated over the period of 96 years.

TAXATION
Taxation for the year 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.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

GOING CONCERN
The director has confirmed that he will continue to provide financial support to the company until such time as its position improves. In addition the director has confirmed that he will not recall his loan until the company is in a financial position to facilitate such a cash outflow. The director considers that it is appropriate to prepare the financial statements on a going concern basis.

NIGHTSWOOD LIMITED (REGISTERED NUMBER: 12163982)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Long Plant and Motor Computer
leasehold machinery vehicles equipment Totals
£    £    £    £    £   
Cost
At 1 September 2022 405,061 5,405 10,295 2,340 423,101
Additions 20,249 - - - 20,249
At 31 August 2023 425,310 5,405 10,295 2,340 443,350
Depreciation
At 1 September 2022 11,558 2,295 2,574 1,660 18,087
Charge for year 4,417 746 1,930 596 7,689
At 31 August 2023 15,975 3,041 4,504 2,256 25,776
Net book value
At 31 August 2023 409,335 2,364 5,791 84 417,574
At 31 August 2022 393,503 3,110 7,721 680 405,014

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans and overdrafts (see note 7) 6,900 6,900
Hire purchase contracts 2,199 2,199
VAT 2,344 5,088
Other creditors 126,165 116,314
Directors' current accounts 85,850 70,987
Accruals and deferred income 2,133 2,153
225,591 203,641

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.23 31.8.22
£    £   
Bank loans (see note 7) 194,918 200,880
Hire purchase contracts 4,952 6,185
199,870 207,065

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 164,423 164,423

NIGHTSWOOD LIMITED (REGISTERED NUMBER: 12163982)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


7. LOANS

An analysis of the maturity of loans is given below:

31.8.23 31.8.22
£    £   
Amounts falling due within one year or on demand:
Bank loans 6,900 6,900

Amounts falling due between one and two years:
Bank loans - 1-2 years 6,900 6,900

Amounts falling due between two and five years:
Bank loans - 2-5 years 23,595 29,557

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 164,423 164,423

8. PROVISIONS FOR LIABILITIES
31.8.23 31.8.22
£    £   
Deferred tax 1,566 583

Deferred
tax
£   
Balance at 1 September 2022 583
Charge to Statement of Income and Retained Earnings during year 983
Balance at 31 August 2023 1,566

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.23 31.8.22
value: £    £   
100 Ordinary Shares £1 100 100

NIGHTSWOOD LIMITED (REGISTERED NUMBER: 12163982)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


10. RESERVES
Retained
earnings
£   

At 1 September 2022 (5,647 )
Deficit for the year (3,551 )
At 31 August 2023 (9,198 )