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Registered Number: 14730595


 

 

 

NATIONWIDE DROPS LTD


Abridged Accounts
 


Period of accounts

Start date: 14 March 2023

End date: 31 March 2024
Report to the directors on the preparation of the unaudited statutory accounts of NATIONWIDE DROPS LTD for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of NATIONWIDE DROPS LTD for the year ended 31 March 2024 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
This report is made solely to the Board of Directors of NATIONWIDE DROPS LTD, as a body, in accordance with the terms of our engagement letter dated 02 March 2025 Our work has been undertaken solely to prepare for your approval the accounts of NATIONWIDE DROPS LTD and state those matters that we have agreed to state to the Board of Directors of NATIONWIDE DROPS LTD, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than NATIONWIDE DROPS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that NATIONWIDE DROPS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of NATIONWIDE DROPS LTD. You consider that NATIONWIDE DROPS LTD is exempt from the statutory audit requirement for the year
We have not been instructed to carry out an audit or a review of the accounts of NATIONWIDE DROPS LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
31 March 2024



....................................................

Muhammad Sheraz Uppal

13
Cherry Tree Avenue
walsall
WS5 4LH
02 March 2025
1
 
 
Notes
 
2024
£
Fixed assets    
Tangible fixed assets 3 6,400 
6,400 
Current assets    
Debtors 5,907 
Cash at bank and in hand 2,001 
7,908 
Creditors: amount falling due within one year (78,758)
Net current assets (70,850)
 
Total assets less current liabilities (64,450)
Net assets (64,450)
 

Capital and reserves
   
Profit and loss account (64,450)
Shareholders' funds (64,450)
 


For the period ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 02 March 2025 and were signed on its behalf by:


-------------------------------
Ian JACKSON
Director
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General Information
NATIONWIDE DROPS LTD is a private company, limited by shares, registered in , registration number 14730595, registration address KING STORAGE BUSINESS CTR NATIONWIDE DROPS LTD, OFFICE 4 GREATBRIDGE ST SWAN VILLAGE WESTBROMWICH, Birmingham, Westmidlands, B70 0XA.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Motor Vehicles 20 Reducing Balance
2.

Average number of employees

Average number of employees during the period was 0.
3.

Tangible fixed assets

Cost or valuation Motor Vehicles   Total
  £   £
At 14 March 2023  
Additions 8,000    8,000 
Disposals  
At 31 March 2024 8,000    8,000 
Depreciation
At 14 March 2023  
Charge for period 1,600    1,600 
On disposals  
At 31 March 2024 1,600    1,600 
Net book values
Closing balance as at 31 March 2024 6,400    6,400 
Opening balance as at 14 March 2023  


3