Cheshire Cat Narrowboats Limited |
Registered Number:08931414 |
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2023
Cheshire Cat Narrowboats Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Cheshire Cat Narrowboats Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
280,696
311,455
2
280,696
311,455
Trade and other receivables |
80,033
72,635
3
275,096
Cash and cash equivalents |
203,166
275,801
355,129
Trade and other payables: amounts falling due within one year |
(262,014)
(135,772)
4
93,115
140,029
Net current assets
Total assets less current liabilities |
420,725
404,570
(74,384)
(82,536)
Provisions for liabilities |
346,341
Net assets
322,034
200
200
346,141
321,834
346,341
322,034
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their 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. |
These financial statements were approved and authorised for issue by the Board on 13 September 2024 and were signed by: |
The notes form part of these financial statements |
1 of 4
For the year ended 31 December 2023
Cheshire Cat Narrowboats Limited
Notes to the Financial Statements
Statutory Information
Cheshire Cat Narrowboats Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 08931414. |
Lock House
Chester Road
Hurleston, Nantwich
Cheshire
CW5 6BU
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 represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed. |
Property, plant and equipment
Tangible fixed assets, 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: |
Land and buildings
Plant and machinery
Computer equipment
Motor vehicles
Narrowboats
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. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding. |
2 of 4
For the year ended 31 December 2023
Cheshire Cat Narrowboats Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Narrowboats
Motor vehicles
464,191
587
435,465
21,430
1,653
5,056
1,125
-
-
-
1,125
-
5,056
21,430
435,465
587
465,316
2,778
Provision for depreciation and impairment |
152,736
448
130,434
18,166
997
2,691
Charge for year
1,382
46
-
653
447
236
30,502
-
30,502
-
-
-
184,620
494
160,936
18,819
1,444
2,927
2,129
1,334
2,611
274,529
93
280,696
2,365
656
3,264
305,031
139
311,455
3. Trade and other receivables |
2022
2023
63,268
71,346
9,367
8,687
80,033
72,635
4. Trade and other payables: amounts falling due within one year |
2022
2023
5,444
4,680
Taxation and social security |
16,545
10,070
113,783
247,264
135,772
262,014
5. Related party transactions |
Included within other creditors is the directors loan account balance totalling £47,333 (2022 £163,576). This loan is interest |
free and has no fixed date of repayment. |
3 of 4
For the year ended 31 December 2023
Cheshire Cat Narrowboats Limited
Notes to the Financial Statements Continued
6. Average number of persons employed |
During the year the average number of employees was 2 (2022 : 2)
4 of 4