Company Registration No. 07638734 (England and Wales)
NISA DISTRIBUTION LIMITED
Unaudited accounts
for the year ended 31 May 2020
NISA DISTRIBUTION LIMITED
Unaudited accounts
Contents
NISA DISTRIBUTION LIMITED
Company Information
for the year ended 31 May 2020
Company Number
07638734 (England and Wales)
Registered Office
UNIT 2 CLAYFIELDS INDUSTRIAL ESTATE CLAY
TICKHILL ROAD
DONCASTER
SOUTH YORKSHIRE
DN4 8QG
NISA DISTRIBUTION LIMITED
Statement of financial position
as at 31 May 2020
Tangible assets
7,433
9,002
Cash at bank and in hand
34,369
500
Creditors: amounts falling due within one year
(44,916)
(84,082)
Net current assets/(liabilities)
56,742
(156)
Total assets less current liabilities
64,175
8,846
Creditors: amounts falling due after more than one year
(50,000)
-
Called up share capital
1
1
Profit and loss account
14,174
8,845
Shareholders' funds
14,175
8,846
For the year ending 31 May 2020 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 director acknowledges her 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 and authorised for issue on 30 April 2021 and were signed on its behalf by
R Burhan
Director
Company Registration No. 07638734
NISA DISTRIBUTION LIMITED
Notes to the Accounts
for the year ended 31 May 2020
NISA DISTRIBUTION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07638734. The registered office is UNIT 2 CLAYFIELDS INDUSTRIAL ESTATE CLAY, TICKHILL ROAD, DONCASTER, SOUTH YORKSHIRE, DN4 8QG.
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
10% _ Reducing Balance
Fixtures & fittings
25% - Reducing Balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2019
10,500
7,600
-
18,100
At 31 May 2020
10,500
7,600
1,427
19,527
At 1 June 2019
2,538
6,560
-
9,098
Charge for the year
1,050
520
1,426
2,996
At 31 May 2020
3,588
7,080
1,426
12,094
At 31 May 2020
6,912
520
1
7,433
At 31 May 2019
7,962
1,040
-
9,002
NISA DISTRIBUTION LIMITED
Notes to the Accounts
for the year ended 31 May 2020
5
Debtors: amounts falling due within one year
2020
2019
Debtors: amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
-
6,272
Obligations under finance leases and hire purchase contracts
3,325
5,425
Trade creditors
36,745
41,387
Taxes and social security
1,865
3,679
Loans from directors
-
27,319
7
Creditors: amounts falling due after more than one year
2020
2019
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
The company is controlled by the sole director, who also holds 100% shares in the company.
10
Average number of employees
During the year the average number of employees was 0 (2019: 0).
