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REGISTERED NUMBER: 13661114 (England and Wales)















NATTERGAL LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






NATTERGAL LIMITED (REGISTERED NUMBER: 13661114)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 5


NATTERGAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: P G Davies
C R Burrell
D Mulder
R W Taylor
K O’Brien
A J Struthers
S L Payne


REGISTERED OFFICE: C/O External Services Limited
20 Central Avenue
St Andrews Business Park
Norwich
NR7 0HR


REGISTERED NUMBER: 13661114 (England and Wales)


SENIOR STATUTORY AUDITOR: Theo Banos BA FCA


AUDITORS: Duncan & Toplis Audit Limited, Statutory Auditor
3 Castlegate
Grantham
Lincolnshire
NG31 6SF


BANKERS: HSBC Bank Plc
69 Pall Mall,
London
SW1Y 5EY

NATTERGAL LIMITED (REGISTERED NUMBER: 13661114)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,956 805
Investments 5 118,975 2
128,931 807

CURRENT ASSETS
Debtors 6 21,431,377 20,871,324
Cash at bank and in hand 1,379,817 1,520,930
22,811,194 22,392,254
CREDITORS
Amounts falling due within one year 7 181,742 637,774
NET CURRENT ASSETS 22,629,452 21,754,480
TOTAL ASSETS LESS CURRENT LIABILITIES 22,758,383 21,755,287

CAPITAL AND RESERVES
Called up share capital 8 341 323
Share premium 24,096,359 22,249,777
Retained earnings (1,338,317 ) (494,813 )
SHAREHOLDERS' FUNDS 22,758,383 21,755,287

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 July 2024 and were signed on its behalf by:





S L Payne - Director


NATTERGAL LIMITED (REGISTERED NUMBER: 13661114)

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

1. STATUTORY INFORMATION

Nattergal 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 etc - 20% on reducing balance and Straight line over 3 years

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Basis of consolidation
The company has not prepared group accounts as it qualified as a small sized group and as such has taken advantage of exemption from preparing group accounts under section 398 Companies Act 2006. These accounts therefore only relate to the parent undertaking.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 4 ) .

NATTERGAL LIMITED (REGISTERED NUMBER: 13661114)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 865
Additions 10,535
At 31 December 2023 11,400
DEPRECIATION
At 1 January 2023 60
Charge for year 1,384
At 31 December 2023 1,444
NET BOOK VALUE
At 31 December 2023 9,956
At 31 December 2022 805

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 January 2023 2 - 2
Additions - 118,973 118,973
At 31 December 2023 2 118,973 118,975
NET BOOK VALUE
At 31 December 2023 2 118,973 118,975
At 31 December 2022 2 - 2

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 21,430,162 20,870,795
Prepayments and accrued income 1,215 529
21,431,377 20,871,324

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other loans - 600,000
Trade creditors 14,984 10,440
Other taxes and social security 26,914 16,247
Accrued expenses 139,844 11,087
181,742 637,774

NATTERGAL LIMITED (REGISTERED NUMBER: 13661114)

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

8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2023 2022
value: £    £   
3,412 Ordinary shares 10p 341 323

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Theo Banos BA FCA (Senior Statutory Auditor)
for and on behalf of Duncan & Toplis Audit Limited, Statutory Auditor

10. POST BALANCE SHEET EVENTS

Following the year end, the Nattergal group completed on the purchase of a new site for £8.95 million.