Company Registration No. 11773181 (England and Wales)
NICK & STEFAN MOTOR WORKS LTD
Unaudited accounts
for the year ended 31 January 2024
NICK & STEFAN MOTOR WORKS LTD
Unaudited accounts
Contents
NICK & STEFAN MOTOR WORKS LTD
Company Information
for the year ended 31 January 2024
Director
Mircea Stefan Antonescu
Company Number
11773181 (England and Wales)
Registered Office
UNIT 6
WILLIAM HANKE INDUSTRIAL ESTATE
BRIERLEY HILL
WEST MIDLANDS
DY5 2ZA
ENGLAND
Accountants
Clark & Deen Taxpro Limited
Benson House, Suite D
98-104 Lombard Street
Birmingham
West Midlands
B12 0QR
NICK & STEFAN MOTOR WORKS LTD
Statement of financial position
as at 31 January 2024
Tangible assets
14,936
14,516
Cash at bank and in hand
46,798
41,236
Creditors: amounts falling due within one year
(40,310)
(34,720)
Net current assets
10,312
8,153
Called up share capital
100
100
Profit and loss account
25,148
22,569
Shareholders' funds
25,248
22,669
For the year ending 31 January 2024 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 22 October 2024 and were signed on its behalf by
Mircea Stefan Antonescu
Director
Company Registration No. 11773181
NICK & STEFAN MOTOR WORKS LTD
Notes to the Accounts
for the year ended 31 January 2024
NICK & STEFAN MOTOR WORKS LTD is a private company, limited by shares, registered in England and Wales, registration number 11773181. The registered office is UNIT 6, WILLIAM HANKE INDUSTRIAL ESTATE, BRIERLEY HILL, WEST MIDLANDS, DY5 2ZA, ENGLAND.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
15% on reducing balance
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Accrued income and prepayments
771
771
NICK & STEFAN MOTOR WORKS LTD
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
11,603
16,045
Trade creditors
12,574
6,217
Taxes and social security
6,889
9,308
Loans from directors
3,390
(1,610)
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Average number of employees
During the year the average number of employees was 1 (2023: 1).