NICHOLSON MCBRIDE LIMITED

Company Registration Number:
02486675 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

NICHOLSON MCBRIDE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

NICHOLSON MCBRIDE LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 721 1,121
Total fixed assets: 721 1,121
Current assets
Stocks: 105,773 66,605
Debtors:   904,731 842,730
Cash at bank and in hand: 853,590 953,992
Total current assets: 1,864,094 1,863,327
Creditors: amounts falling due within one year:   (328,678) (309,193)
Net current assets (liabilities): 1,535,416 1,554,134
Total assets less current liabilities: 1,536,137 1,555,255
Creditors: amounts falling due after more than one year:   0 0
Total net assets (liabilities): 1,536,137 1,555,255
Capital and reserves
Called up share capital: 1,750 1,750
Share premium account: 46,997 46,997
Other reserves: 243 243
Profit and loss account: 1,487,147 1,506,265
Shareholders funds: 1,536,137 1,555,255

The notes form part of these financial statements

NICHOLSON MCBRIDE LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 September 2024
and signed on behalf of the board by:

Name: Jane Nicholson
Status: Director

The notes form part of these financial statements

NICHOLSON MCBRIDE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NICHOLSON MCBRIDE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 4 3

NICHOLSON MCBRIDE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 3,438
Additions 121
Disposals (1,436)
At 31 December 2023 2,123
Depreciation
At 01 January 2023 2,317
Charge for year 521
On disposals (1,436)
At 31 December 2023 1,402
Net book value
At 31 December 2023 721
At 31 December 2022 1,121

NICHOLSON MCBRIDE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Loans to directors

Name of director receiving advance or credit: John Nicholson
Description of the loan: Director Loan
£
Balance at 01 January 2023 490,360
Advances or credits made: 77,756
Advances or credits repaid: 0
Balance at 31 December 2023 568,116
Name of director receiving advance or credit: Jane Nicholson
Description of the loan: Director Loan
£
Balance at 01 January 2023 19,898
Advances or credits made: 55,507
Advances or credits repaid: 0
Balance at 31 December 2023 75,405