Nu-Wave Auto Worx Ltd 13071826 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is Sales of car parts Digita Accounts Production Advanced 6.30.9574.0 true true 13071826 2023-01-01 2023-12-31 13071826 2023-12-31 13071826 core:RetainedEarningsAccumulatedLosses 2023-12-31 13071826 core:ShareCapital 2023-12-31 13071826 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 13071826 bus:SmallEntities 2023-01-01 2023-12-31 13071826 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 13071826 bus:FullAccounts 2023-01-01 2023-12-31 13071826 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13071826 bus:RegisteredOffice 2023-01-01 2023-12-31 13071826 bus:Director1 2023-01-01 2023-12-31 13071826 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13071826 countries:EnglandWales 2023-01-01 2023-12-31 13071826 2022-01-01 2022-12-31 13071826 2022-12-31 13071826 core:RetainedEarningsAccumulatedLosses 2022-12-31 13071826 core:ShareCapital 2022-12-31 13071826 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 13071826

Nu-Wave Auto Worx Ltd

Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Nu-Wave Auto Worx Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Nu-Wave Auto Worx Ltd

(Registration number: 13071826)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Cash at bank and in hand

 

1,350

309

Creditors: Amounts falling due within one year

4

(4,629)

(4,026)

Net liabilities

 

(3,279)

(3,717)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(3,379)

(3,817)

Shareholders' deficit

 

(3,279)

(3,717)

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 26 September 2024
 

.........................................
Mr D A Robinson
Director

 

Nu-Wave Auto Worx Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit LU1
Venn Place
Stoke-On-Trent
Staffordshire
ST1 3HP
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis. The company meets its day to day working capital requirements through funds provided by the directors. The directors consider that these facilities will continue to be made available to the company. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments which would result if the going concern basis were not appropriate.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Nu-Wave Auto Worx Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2022 - 2).

4

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Accruals and deferred income

108

102

Other creditors

4,521

3,924

4,629

4,026