Registered number
06356653
Northern Vinyl Distribution Ltd
Unaudited Filleted Accounts
31 August 2024
Northern Vinyl Distribution Ltd
Registered number: 06356653
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 161 189
Current assets
Debtors 4 42,977 44,827
Cash at bank and in hand 1,150 744
44,127 45,571
Creditors: amounts falling due within one year 5 (3,500) (3,517)
Net current assets 40,627 42,054
Net assets 40,788 42,243
Capital and reserves
Called up share capital 50 50
Revaluation reserve 6 50 50
Profit and loss account 40,688 42,143
Shareholder's funds 40,788 42,243
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A D Wormald
Director
Approved by the board on 26 February 2025
Northern Vinyl Distribution Ltd
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 September 2023 500
At 31 August 2024 500
Depreciation
At 1 September 2023 311
Charge for the year 28
At 31 August 2024 339
Net book value
At 31 August 2024 161
At 31 August 2023 189
4 Debtors 2024 2023
£ £
Trade debtors 893 743
Lamifoil Loan 42,084 44,084
42,977 44,827
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 2,613 2,651
Accruals 1,200 1,200
VAT (213) (234)
Director's Current Account (100) (100)
3,500 3,517
6 Revaluation reserve 2024 2023
£ £
At 1 September 2023 50 50
At 31 August 2024 50 50
7 Related party transactions
A D Wormald is a director of Northern Vinyl Distribution Ltd and Lamifoil Ltd. Management charge payable to Lamifoil Ltd was £434 (2023 £443). At the balance sheet date the amount due to Lamifoil Ltd was £226 (2023 £476). In addition there is a loan of £42084 (2023 £44084) outstanding from Lamifoil Ltd along with a sales ledger balance of £893 (2023 £814). Interest received on the loan to Lamifoil was £2171 (2023 £1142)
8 Other information
Northern Vinyl Distribution Ltd is a private company limited by shares and incorporated in England. Its registered office is:
48 Mallinson Oval
Harrogate
HG2 9HJ
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