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REGISTERED NUMBER: 04713484 (England and Wales)












Financial Statements

for the Year Ended

30 September 2024

for

Nationwide Marquee Hire Limited

Nationwide Marquee Hire Limited (Registered number: 04713484)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Nationwide Marquee Hire Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: B Foster
Mrs S L Foster





SECRETARY: Mrs S L Foster





REGISTERED OFFICE: Unit 20A
Barnfield Business Centre
Brunswick Street
Nelson
Lancashire
BB9 0HT





REGISTERED NUMBER: 04713484 (England and Wales)





ACCOUNTANTS: Archwood Accountants
Archwood House
46-48 Long Street
Middleton
Manchester
M24 6UQ

Nationwide Marquee Hire Limited (Registered number: 04713484)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,170 1,376
Tangible assets 5 423,835 507,899
425,005 509,275

CURRENT ASSETS
Debtors 6 95,682 91,921
Cash at bank 563,937 462,178
659,619 554,099
CREDITORS
Amounts falling due within one year 7 176,075 152,251
NET CURRENT ASSETS 483,544 401,848
TOTAL ASSETS LESS CURRENT
LIABILITIES

908,549

911,123

CREDITORS
Amounts falling due after more than one
year

8

(15,000

)

-

PROVISIONS FOR LIABILITIES (105,959 ) (126,975 )
NET ASSETS 787,590 784,148

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 787,588 784,146
787,590 784,148

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Nationwide Marquee Hire Limited (Registered number: 04713484)

Balance Sheet - continued
30 September 2024


The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 20 February 2025 and were signed on its behalf by:





Mrs S L Foster - Director


Nationwide Marquee Hire Limited (Registered number: 04713484)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Nationwide Marquee Hire Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of six years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Nationwide Marquee Hire Limited (Registered number: 04713484)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 15 ) .

4. INTANGIBLE FIXED ASSETS
Computer
Goodwill software Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 180,000 6,789 186,789
AMORTISATION
At 1 October 2023 180,000 5,413 185,413
Amortisation for year - 206 206
At 30 September 2024 180,000 5,619 185,619
NET BOOK VALUE
At 30 September 2024 - 1,170 1,170
At 30 September 2023 - 1,376 1,376

Nationwide Marquee Hire Limited (Registered number: 04713484)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2023 1,166,084 249,489 38,365 1,453,938
Additions 63,824 48,000 1,416 113,240
Disposals (359,468 ) - - (359,468 )
At 30 September 2024 870,440 297,489 39,781 1,207,710
DEPRECIATION
At 1 October 2023 736,265 187,212 22,562 946,039
Charge for year 57,616 27,569 2,583 87,768
Eliminated on disposal (249,932 ) - - (249,932 )
At 30 September 2024 543,949 214,781 25,145 783,875
NET BOOK VALUE
At 30 September 2024 326,491 82,708 14,636 423,835
At 30 September 2023 429,819 62,277 15,803 507,899

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 October 2023 9,980
Additions 48,000
Transfer to ownership (9,980 )
At 30 September 2024 48,000
DEPRECIATION
At 1 October 2023 7,612
Charge for year 12,000
Transfer to ownership (7,612 )
At 30 September 2024 12,000
NET BOOK VALUE
At 30 September 2024 36,000
At 30 September 2023 2,368

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade receivables 76,506 70,873
Tax - 2,699
Prepayments and accrued income 19,176 18,349
95,682 91,921

Nationwide Marquee Hire Limited (Registered number: 04713484)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts 6,000 1,455
Trade payables 23,819 24,602
Tax 20,454 -
Social security and other taxes 3,539 4,994
VAT 90,362 81,826
Pension control 1,765 1,243
Directors' current accounts 26,063 34,430
Accrued expenses 4,073 3,701
176,075 152,251

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts 15,000 -

9. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Hire purchase contracts 21,000 1,455

10. RELATED PARTY DISCLOSURES

The company made sales of £1,184 (2023 £2,150) to Reclamation Revival Limited, a company of which Mr B Foster is also a director and shareholder, during the year. The company also made recharges of £2,887 (2023: £Nil) to Reclamation Revival Limited during the year. The amount owed to the company by Reclamation Revival Limited, in respect of trade debts, was £50 (2023: £50).