NOM BOR LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05302812 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2020

FOR

NOM BOR LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

M Smith

Mrs M Smith

Secretary:

Mrs M Smith

Registered office:

19 Maney Corner

Sutton Coldfield

West Midlands

B72 1QL

Registered number:

05302812 (England and Wales)

Accountants:

Bamford Tiffen

19 Maney Corner

Sutton Coldfield

West Midlands

B72 1QL

FIXED ASSETS

16,918

Tangible assets

5

14,236

CURRENT ASSETS

51,970

Debtors

6

19,034

10,599

Cash at bank and in hand

23,344

62,569

42,378

CREDITORS

21,500

Amounts falling due within one year

7

10,638

41,069

NET CURRENT ASSETS

31,740

57,987

TOTAL ASSETS LESS CURRENT LIABILITIES

45,976

CREDITORS

677

Amounts falling due after more than one year

8

2,627

(3,086

)

PROVISIONS FOR LIABILITIES

(2,600

)

55,578

NET ASSETS

46,003

CAPITAL AND RESERVES

100

Called up share capital

100

55,478

Retained earnings

45,903

55,578

SHAREHOLDERS' FUNDS

46,003

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2020 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15th October 2020 and were signed on its behalf by:

M Smith - Director

1.	Statutory information

NOM BOR 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.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of

Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates the Workplace pension scheme. Contributions payable to the pension scheme

are charged to profit or loss in the period to which they relate.

4.	Employees and directors

The average number of employees during the year was 3 (2019 - 3 ) .

5.	Tangible fixed assets

Fixtures

Plant and

and

Motor

Totals

machinery

fittings

vehicles

£

£

£

£

Cost

At 1st April 2019

and 31st March 2020

60,050

27,868

2,024

30,158

Depreciation

At 1st April 2019

43,132

18,747

787

23,598

Charge for year

2,682

919

123

1,640

At 31st March 2020

45,814

19,666

910

25,238

Net book value

At 31st March 2020

14,236

8,202

1,114

4,920

At 31st March 2019

16,918

9,121

1,237

6,560

6.

Debtors: amounts falling due within one year

2020

2019

£

£

Trade debtors

18,444

50,587

Prepayments

590

1,383

19,034

51,970

7.

Creditors: amounts falling due within one year

2020

2019

£

£

Trade creditors

(1

)

-

Taxation and social security

9,344

20,148

Accruals

1,295

1,352

10,638

21,500

8.

Creditors: amounts falling due after more than one year

2020

2019

£

£

Directors Loan Accounts

(2,627

)

(677

)