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Company Registration No. 07622058 (England and Wales)
NIGEL WILLARD LIMITED Unaudited accounts for the year ended 31 May 2024
NIGEL WILLARD LIMITED Unaudited accounts Contents
Page
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NIGEL WILLARD LIMITED Company Information for the year ended 31 May 2024
Director
Nigel Willard
Company Number
07622058 (England and Wales)
Registered Office
28 HIGH STREET STOKE GOLDINGTON NEWPORT PAGNELL BUCKINGHAMSHIRE MK16 8NR
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NIGEL WILLARD LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
303 
824 
Current assets
Cash at bank and in hand
24,775 
56,663 
Creditors: amounts falling due within one year
(43,332)
(62,741)
Net current liabilities
(18,557)
(6,078)
Total assets less current liabilities
(18,254)
(5,254)
Creditors: amounts falling due after more than one year
(9,133)
(13,644)
Net liabilities
(27,387)
(18,898)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(27,397)
(18,908)
Shareholders' funds
(27,387)
(18,898)
For the year ending 31 May 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 27 February 2025 and were signed on its behalf by
Nigel Willard Director Company Registration No. 07622058
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NIGEL WILLARD LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
NIGEL WILLARD LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07622058. The registered office is 28 HIGH STREET STOKE GOLDINGTON, NEWPORT PAGNELL, BUCKINGHAMSHIRE, MK16 8NR.
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.
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:
Computer equipment
33% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Going concern
Although the company is technically insolvent, the Directors would like to emphasise that all liabilities of the company will be met, and the company is therefore a going concern.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 June 2023
22,003 
At 31 May 2024
22,003 
Amortisation
At 1 June 2023
22,003 
At 31 May 2024
22,003 
Net book value
At 31 May 2024
- 
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NIGEL WILLARD LIMITED Notes to the Accounts for the year ended 31 May 2024
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2023
3,259 
At 31 May 2024
3,259 
Depreciation
At 1 June 2023
2,435 
Charge for the year
521 
At 31 May 2024
2,956 
Net book value
At 31 May 2024
303 
At 31 May 2023
824 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
3,527 
3,005 
Other creditors
39,805 
59,736 
43,332 
62,741 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
9,133 
13,644 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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