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Company Registration No. 11162285 (England and Wales)
Nene Valley Enterprises Limited Profit & Loss Statement for the year ended 31 December 2023
Nene Valley Enterprises Limited Profit & Loss Statement Contents
Page
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Nene Valley Enterprises Limited Company Information for the year ended 31 December 2023
Director
Mark Littlewood
Company Number
11162285 (England and Wales)
Registered Office
112 Station Road Cogenhoe Northampton NN7 1LU
Accountants
Paula King t/a Back2Basics Bookkeeping 11 Kilworth Road Swinford Leicestershire LE17 6BQ
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Nene Valley Enterprises Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
738,087 
85,317 
Current assets
Inventories
345,314 
379,346 
Debtors
18,361 
25,876 
Cash at bank and in hand
53,585 
290,046 
417,260 
695,268 
Creditors: amounts falling due within one year
(674,840)
(592,004)
Net current (liabilities)/assets
(257,580)
103,264 
Total assets less current liabilities
480,507 
188,581 
Creditors: amounts falling due after more than one year
(344,830)
(36,334)
Net assets
135,677 
152,247 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
135,676 
152,246 
Shareholders' funds
135,677 
152,247 
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 18 September 2024 and were signed on its behalf by
Mark Littlewood Director Company Registration No. 11162285
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Nene Valley Enterprises Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Nene Valley Enterprises Limited is a private company, limited by shares, registered in England and Wales, registration number 11162285. The registered office is 112 Station Road, Cogenhoe, Northampton, NN7 1LU.
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.
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:
Plant & machinery
20% Reducing Balance
Fixtures & fittings
10%, 20% or 50% Straight Line dependant on estimated useful life
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 January 2023
- 
157 
102,082 
567 
1,632 
104,438 
Additions
550,000 
54,400 
37,660 
87,607 
1,604 
731,271 
Disposals
- 
- 
(57,083)
- 
- 
(57,083)
At 31 December 2023
550,000 
54,557 
82,659 
88,174 
3,236 
778,626 
Depreciation
At 1 January 2023
- 
157 
17,504 
432 
1,028 
19,121 
Charge for the year
- 
10,882 
- 
9,787 
749 
21,418 
At 31 December 2023
- 
11,039 
17,504 
10,219 
1,777 
40,539 
Net book value
At 31 December 2023
550,000 
43,518 
65,155 
77,955 
1,459 
738,087 
At 31 December 2022
- 
- 
84,578 
135 
604 
85,317 
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Nene Valley Enterprises Limited Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
18,136 
25,176 
Accrued income and prepayments
225 
700 
18,361 
25,876 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
13,993 
10,000 
VAT
12,440 
- 
Obligations under finance leases and hire purchase contracts
2,522 
2,522 
Trade creditors
41,759 
10,896 
Taxes and social security
5,836 
19,738 
Other creditors
194,575 
199,563 
Loans from directors
401,875 
348,835 
Accruals
1,840 
450 
674,840 
592,004 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
334,036 
24,166 
Obligations under finance leases and hire purchase contracts
10,794 
12,168 
344,830 
36,334 
8
Average number of employees
During the year the average number of employees was 11 (2022: 6).
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