Company Registration No. 06347139 (England and Wales)
Nutbourne Limited
Unaudited accounts
for the year ended 31 August 2024
Nutbourne Limited
Statement of financial position
as at 31 August 2024
Tangible assets
3,849
4,246
Cash at bank and in hand
184,624
58,694
Creditors: amounts falling due within one year
(337,165)
(204,609)
Net current assets
86,190
133,815
Total assets less current liabilities
90,039
138,061
Creditors: amounts falling due after more than one year
(12,704)
(134,941)
Provisions for liabilities
Called up share capital
1,000
1,000
Profit and loss account
75,372
1,059
Shareholders' funds
76,372
2,059
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 1 April 2025 and were signed on its behalf by
Mr M Evans
Director
Company Registration No. 06347139
Nutbourne Limited
Notes to the Accounts
for the year ended 31 August 2024
Nutbourne Limited is a private company, limited by shares, registered in England and Wales, registration number 06347139. The registered office is 85 Great Portland Street, London, W1W 7LT.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
Straight line - 20%
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Stock and work in progress
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Nutbourne Limited
Notes to the Accounts
for the year ended 31 August 2024
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Tangible fixed assets
Plant & machinery
At 1 September 2023
131,887
At 1 September 2023
127,641
Amounts falling due within one year
Trade debtors
224,872
207,871
Other debtors
10,859
64,844
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
115,353
14,048
Trade creditors
41,691
79,818
Taxes and social security
158,535
88,048
Other creditors
1,653
16,782
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 13 (2023: 14).