2023-05-01 SC629203 2024-04-30 SC629203 2023-05-01 2024-04-30 SC629203 uk-bus:RegisteredOffice 2023-05-01 2024-04-30 SC629203 uk-bus:Director1 2023-05-01 2024-04-30 SC629203 uk-bus:Director1 2024-04-30 SC629203 uk-core:WithinOneYear 2024-04-30 SC629203 uk-core:AfterOneYear 2024-04-30 SC629203 uk-core:ShareCapital 2024-04-30 SC629203 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 iso4217:GBP xbrli:pure SC629203 uk-bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 SC629203 uk-bus:FRS102 2023-05-01 2024-04-30 SC629203 uk-bus:FullAccounts 2023-05-01 2024-04-30 SC629203 uk-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30
NETHERTON VEHICLE SOLUTIONS LTD
Registered Number:SC629203
For the year ended 30 April 2024
Scotland
Report of the Director and Unaudited Financial Statements
2
For the year ended 30 April 2024
NETHERTON VEHICLE SOLUTIONS LTD
Contents Page
Company Information
1
2
Director's Report
3
Independent Accountants' Report
4
Income Statement
5
Statement of Financial Position
6
Statement of Changes in Equity
7
Notes to the Financial Statements
3
For the year ended 30 April 2024
NETHERTON VEHICLE SOLUTIONS LTD
Company Information
ALAN WARD
Director
SC629203
Registered Number
4 NETHERTON ROAD
Registered Office
WISHAW
LANARKSHIRE
ML2 0EQ
JOHN Q STEWART ACCOUNTANTS
Accountants
45 MAIN STREET
FAULDHOUSE
BY BATHGATE
WEST LOTHIAN
EH47 9HY
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4
For the year ended 30 April 2024
NETHERTON VEHICLE SOLUTIONS LTD
Director's Report
The director presents his report and financial statements for the year ended 30 April 2024.
Principal activities
The principal activity of the company continued to be that of LIGHT VEHICLE SALES
Director
The director who served the company throughout the year was as follows:
ALAN WARD
ALAN WARD
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Date:
30 January 2025
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5
For the year ended 30 April 2024
NETHERTON VEHICLE SOLUTIONS LTD
Independent Accountants' Report
As described on the Statement of Financial Position you are responsible for the preparation of the financial statements
for the year ended 30 April 2024 and you consider that the company is exempt from an audit under the Companies Act
2006. In accordance with your instructions, we have compiled these unaudited financial statements in order to assist
you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to
us.
JOHN Q STEWART ACCOUNTANTS
45 MAIN STREET
FAULDHOUSE
BY BATHGATE
WEST LOTHIAN
EH47 9HY
Date:
30 January 2025
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6
For the year ended 30 April 2024
NETHERTON VEHICLE SOLUTIONS LTD
Income Statement
2024
£
Turnover
364,746
Cost of sales
(309,888)
Gross profit
54,858
Administrative expenses
(15,576)
Operating profit
39,282
Interest payable and similar charges
(160)
39,122
Profit before taxation
(7,433)
Taxation
31,689
Profit for the financial year
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7
Registered Number :
SC629203
As at 30 April 2024
NETHERTON VEHICLE SOLUTIONS LTD
Statement of Financial Position
£
2024
Notes
Current assets
Inventories
90,126
2
Cash and cash equivalents
41,355
131,481
Trade and other payables: amounts falling due within one
year
(11,325)
3
120,156
Net current assets
Total assets less current liabilities
120,156
Trade and other payables: amounts falling due after more
than one year
(6,646)
4
113,510
Net assets/liabilities
Capital and reserves
Called up share capital
1
Retained earnings
113,509
113,510
Shareholders' funds
For the year ended 30 April 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 of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
ALAN WARD
These financial statements were approved and authorised for issue by the Board on 30 January 2025 and were signed by:
The notes form part of these financial statements
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For the year ended 30 April 2024
NETHERTON VEHICLE SOLUTIONS LTD
Statement of Changes in Equity
Share Capital
Retained
earnings
Total
£
£
£
Balance at 01 May 2023
81,820
81,820
-
Share issue during the year
1
-
1
31,689
31,689
Profit/Loss for the year
Balance at 30 April 2024
1
113,509
113,510
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For the year ended 30 April 2024
NETHERTON VEHICLE SOLUTIONS LTD
Notes to the Financial Statements
Statutory Information
NETHERTON VEHICLE SOLUTIONS LTD is a private limited company, limited by shares, domiciled in Scotland,
registration number SC629203.
Registered address:
4 NETHERTON ROAD
WISHAW
LANARKSHIRE
ML2 0EQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Inventories
2024
£
Stocks
90,126
3. Trade and other payables: amounts falling due within one year
2024
£
Taxation and social security
10,325
Other creditors
1,000
11,325
4. Trade and other payables: amounts falling due after more than one year
2024
£
Other creditors
6,646
5. Average number of persons employed
During the year the average number of employees was 0
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