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Company Registration No. 07196308 (England and Wales)
NIGEL G TURTON (THATCHING) LIMITED Unaudited accounts for the year ended 31 March 2024
NIGEL G TURTON (THATCHING) LIMITED Unaudited accounts Contents
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NIGEL G TURTON (THATCHING) LIMITED Company Information for the year ended 31 March 2024
Director
Nigel Greame Turton
Secretary
N G Turton
Company Number
07196308 (England and Wales)
Registered Office
LIME TREE COTTAGE DEANLAND SIXPENNY HANDLEY SALISBURY WILTSHIRE SP5 5PD ENGLAND
Accountants
N L Accounting (South West) Ltd Unit 7, Town Farm Workshops Sixpenny Handley Salisbury Wiltshire SP5 5PA
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NIGEL G TURTON (THATCHING) LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
3,000 
4,000 
Tangible assets
37,364 
25,684 
40,364 
29,684 
Current assets
Inventories
- 
1,125 
Debtors
187 
- 
Cash at bank and in hand
121,573 
69,531 
121,760 
70,656 
Creditors: amounts falling due within one year
(54,427)
(27,286)
Net current assets
67,333 
43,370 
Net assets
107,697 
73,054 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
107,597 
72,954 
Shareholders' funds
107,697 
73,054 
For the year ending 31 March 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 24 October 2024 and were signed on its behalf by
Nigel Greame Turton Director Company Registration No. 07196308
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NIGEL G TURTON (THATCHING) LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
NIGEL G TURTON (THATCHING) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07196308. The registered office is LIME TREE COTTAGE DEANLAND, SIXPENNY HANDLEY, SALISBURY, WILTSHIRE, SP5 5PD, ENGLAND.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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NIGEL G TURTON (THATCHING) LIMITED Notes to the Accounts for the year ended 31 March 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
10,000 
At 31 March 2024
10,000 
Amortisation
At 1 April 2023
6,000 
Charge for the year
1,000 
At 31 March 2024
7,000 
Net book value
At 31 March 2024
3,000 
At 31 March 2023
4,000 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
15,722 
28,929 
1,274 
45,925 
Additions
- 
37,995 
- 
37,995 
Disposals
- 
(28,929)
- 
(28,929)
At 31 March 2024
15,722 
37,995 
1,274 
54,991 
Depreciation
At 1 April 2023
11,859 
7,330 
1,052 
20,241 
Charge for the year
579 
5,801 
423 
6,803 
On disposals
- 
(9,417)
- 
(9,417)
At 31 March 2024
12,438 
3,714 
1,475 
17,627 
Net book value
At 31 March 2024
3,284 
34,281 
(201)
37,364 
At 31 March 2023
3,863 
21,599 
222 
25,684 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
187 
- 
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NIGEL G TURTON (THATCHING) LIMITED Notes to the Accounts for the year ended 31 March 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
10,074 
7,788 
Trade creditors
2,483 
7,855 
Taxes and social security
13,287 
3,114 
Other creditors
2,037 
88 
Loans from directors
25,646 
7,541 
Accruals
900 
900 
54,427 
27,286 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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