N&DH Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08989632 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2020

FOR

N&DH LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr N J Hargreaves

Mrs D Hargreaves

REGISTERED OFFICE:

Barclays Bank Chambers

Market Street

Hebden Bridge

West Yorkshire

HX7 6AD

REGISTERED NUMBER:

08989632 (England and Wales)

ACCOUNTANTS:

Cresswells

12 Market Street

Hebden Bridge

West Yorkshire

HX7 6AD

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

418

-

418

-

CURRENT ASSETS

Debtors

35,331

3,950

Cash at bank

14,881

8,297

50,212

12,247

CREDITORS

Amounts falling due within one year

49,763

42,737

NET CURRENT ASSETS/(LIABILITIES)

449

(30,490

)

TOTAL ASSETS LESS CURRENT LIABILITIES

867

(30,490

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

767

(30,590

)

867

(30,490

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 5 April 2020 in accordance with Section 444(2A) of the Companies Act 2006.

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 29 January 2021 and were signed on its behalf by:

Dr N J Hargreaves - Director

1.	STATUTORY INFORMATION

N&DH 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 2015, is being amortised evenly over its estimated useful life of five 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.

Tangible fixed assets

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

Surgery 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 6 April 2019

and 5 April 2020

350,000

AMORTISATION

At 6 April 2019

and 5 April 2020

350,000

NET BOOK VALUE

At 5 April 2020

-

At 5 April 2019

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

Additions

473

At 5 April 2020

473

DEPRECIATION

Charge for year

55

At 5 April 2020

55

NET BOOK VALUE

At 5 April 2020

418

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 5 April 2020 and 5 April 2019:

2020

2019

£

£

Dr N J Hargreaves and Mrs D Hargreaves

Balance outstanding at start of year

3,950

17,152

Amounts advanced

29,756

-

Amounts repaid

(3,950

)

(13,202

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

29,756

3,950

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £164,000 were paid to the directors .