1 January 2023 false No description of principal activity Taxfiler 2024.5 06658307business:PrivateLimitedCompanyLtd2023-01-012023-12-31 066583072022-12-31 066583072023-01-012023-12-31 06658307business:AuditExemptWithAccountantsReport2023-01-012023-12-31 06658307business:FilletedAccounts2023-01-012023-12-31 066583072023-12-31 06658307business:Director12023-01-012023-12-31 06658307business:CompanySecretary12023-01-012023-12-31 06658307business:RegisteredOffice2023-01-012023-12-31 066583072022-12-31 06658307core:WithinOneYear2023-12-31 06658307core:WithinOneYear2022-12-31 06658307core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 06658307core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 06658307core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 06658307core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 06658307core:PreviouslyStatedAmount2023-12-31 06658307core:PreviouslyStatedAmount2022-12-31 06658307business:SmallEntities2023-01-012023-12-31 06658307countries:EnglandWales2023-01-012023-12-31 06658307core:ComputerEquipment2023-01-012023-12-31 06658307core:ComputerEquipment2022-12-31 06658307core:ComputerEquipment2023-12-31 066583072022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 06658307 (England and Wales)
Nigel Errington-Smith & Company (Lettings) Ltd Unaudited accounts for the year ended 31 December 2023
Nigel Errington-Smith & Company (Lettings) Ltd Unaudited accounts Contents
Page
- 2 -
Nigel Errington-Smith & Company (Lettings) Ltd Company Information for the year ended 31 December 2023
Director
Nigel Charles Errington-Smith
Secretary
Karen Short
Company Number
06658307 (England and Wales)
Registered Office
107 Promenade Cheltenham Gloucestershire GL50 1NW
Accountants
Louise Newman and co Ltd 2 Bath Mews Bath Parade Cheltenham Gloucestershire GL53 7HL
- 3 -
Nigel Errington-Smith & Company (Lettings) Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
634 
1,756 
Current assets
Debtors
21,718 
40,139 
Cash at bank and in hand
241,866 
450,985 
263,584 
491,124 
Creditors: amounts falling due within one year
(117,395)
(118,973)
Net current assets
146,189 
372,151 
Net assets
146,823 
373,907 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
146,723 
373,807 
Shareholders' funds
146,823 
373,907 
For the year ending 31 December 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 15 June 2024 and were signed on its behalf by
Nigel Charles Errington-Smith Director Company Registration No. 06658307
- 4 -
Nigel Errington-Smith & Company (Lettings) Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Nigel Errington-Smith & Company (Lettings) Ltd is a private company, limited by shares, registered in England and Wales, registration number 06658307. The registered office is 107 Promenade, Cheltenham, Gloucestershire, GL50 1NW.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 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:
Computer equipment
25% on cost
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
- 5 -
Nigel Errington-Smith & Company (Lettings) Ltd Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
16,503 
At 31 December 2023
16,503 
Depreciation
At 1 January 2023
14,747 
Charge for the year
1,122 
At 31 December 2023
15,869 
Net book value
At 31 December 2023
634 
At 31 December 2022
1,756 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
19,598 
38,777 
Accrued income and prepayments
1,034 
323 
Other debtors
1,086 
1,039 
21,718 
40,139 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
10,652 
6,846 
Trade creditors
1,526 
1,401 
Amounts owed to group undertakings and other participating interests
7,278 
6,907 
Taxes and social security
7,568 
1,656 
Other creditors
88,482 
101,053 
Accruals
873 
1,110 
Deferred income
1,016 
- 
117,395 
118,973 
7
Controlling party
The controlling party is N C Errington-Smith.
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
- 6 -