NALLY TRACK AND CORPORATE LIMITED

Company Registration Number:
06037061 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

NALLY TRACK AND CORPORATE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

NALLY TRACK AND CORPORATE LIMITED

Company Information

for the Period Ended 31 December 2023




Director: Peter Michael Nally
Nicola Ann Nally
Registered office: 42
The Bayle
Folkestone
Kent
England
CT20 1SQ
Company Registration Number: 06037061 (England and Wales)

NALLY TRACK AND CORPORATE LIMITED

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal Activities

Running a Public House

Political and charitable donations

None

Directors

The directors shown below have held office during the whole of the period from 01 January 2023 to 31 December 2023
Peter Michael Nally
Nicola Ann Nally

This report was approved by the board of directors on 24 September 2024
And Signed On Behalf Of The Board By:

Name: Peter Michael Nally
Status: Director

NALLY TRACK AND CORPORATE LIMITED

Profit and Loss Account

for the Period Ended 31 December 2023


Notes

2023
£

2022
£
Turnover 157,400 159,520
Cost of sales ( 67,278 ) ( 58,539 )
Gross Profit or (Loss) 90,122 100,981
Administrative Expenses ( 89,249 ) ( 102,699 )
Operating Profit or (Loss) 873 ( 1,718 )
Interest Payable and Similar Charges ( 613 ) ( 2,100 )
Profit or (Loss) Before Tax 260 ( 3,818 )
Tax on Profit 3 -
Profit or (Loss) for Period 263 ( 3,818 )

The notes form part of these financial statements

NALLY TRACK AND CORPORATE LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 292,345 299,158
Total fixed assets: 292,345 299,158
Current assets
Stocks: 3,650 3,708
Cash at bank and in hand: 6,826
Total current assets: 10,476 3,708
Creditors: amounts falling due within one year: 5 ( 155,273 ) ( 145,275 )
Net current assets (liabilities): ( 144,797 ) ( 141,567 )
Total assets less current liabilities: 147,548 157,591
Creditors: amounts falling due after more than one year: 6 ( 217,981 ) ( 228,284 )
Total net assets (liabilities): ( 70,433 ) ( 70,693 )

The notes form part of these financial statements

NALLY TRACK AND CORPORATE LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 70,533 ) ( 70,793 )
Shareholders funds: ( 70,433 ) ( 70,693 )

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.

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

This report was approved by the board of directors on 24 September 2024
And Signed On Behalf Of The Board By:

Name: Peter Michael Nally
Status: Director

The notes form part of these financial statements

NALLY TRACK AND CORPORATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

NALLY TRACK AND CORPORATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 3 3

NALLY TRACK AND CORPORATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

NALLY TRACK AND CORPORATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible assets

Land & buildings Fixtures & fittings Office equipment Total
Cost £ £ £ £
At 01 January 2023 330,400 9,502 728 340,630
Additions - - - -
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 December 2023 330,400 9,502 728 340,630
Depreciation
At 01 January 2023 34,229 6,913 330 41,472
Charge for year 5,846 862 105 6,813
On disposals - - - -
Other adjustments - - - -
At 31 December 2023 40,075 7,775 435 48,285
Net book value
At 31 December 2023 290,325 1,727 293 292,345
At 31 December 2022 296,171 2,589 398 299,158

NALLY TRACK AND CORPORATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 1,455
Taxation and social security 2,265 2,852
Other creditors 153,008 140,968
Total 155,273 145,275

NALLY TRACK AND CORPORATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6.Creditors: amounts falling due after more than one year


2023
£

2022
£
Other creditors 217,981 228,284
Total 217,981 228,284