Company Registration No. 06658307 (England and Wales)
Nigel Errington-Smith & Company (Lettings) Ltd
Unaudited accounts
for the year ended 31 December 2021
Nigel Errington-Smith & Company (Lettings) Ltd
Unaudited accounts
Contents
Nigel Errington-Smith & Company (Lettings) Ltd
Company Information
for the year ended 31 December 2021
Director
Nigel Errington-Smith
Company Number
06658307 (England and Wales)
Registered Office
107 Promenade
Cheltenham
Gloucestershire
GL50 1NW
Accountants
Louise Newman & Co Ltd
2 Bath Mews
Bath Parade
Cheltenham
Gloucestershire
GL53 7HL
Nigel Errington-Smith & Company (Lettings) Ltd
Statement of financial position
as at 31 December 2021
Tangible assets
3,008
1,723
Cash at bank and in hand
495,447
524,457
Creditors: amounts falling due within one year
(143,562)
(180,456)
Net current assets
370,677
362,219
Total assets less current liabilities
373,685
363,942
Provisions for liabilities
Net assets
373,488
363,615
Called up share capital
100
100
Profit and loss account
373,388
363,515
Shareholders' funds
373,488
363,615
For the year ending 31 December 2021 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 his 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 10 June 2022 and were signed on its behalf by
Nigel Errington-Smith
Director
Company Registration No. 06658307
Nigel Errington-Smith & Company (Lettings) Ltd
Notes to the Accounts
for the year ended 31 December 2021
Nigel Errington-Smith & Company (Lettings) Ltd is a private company, limited by shares, registered in England and Wales, registration number 06658307. The registered office is 107 Promenade, Cheltenham, Gloucestershire, GL50 1NW.
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.
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 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:
Computer equipment
25% on cost
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.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Nigel Errington-Smith & Company (Lettings) Ltd
Notes to the Accounts
for the year ended 31 December 2021
4
Tangible fixed assets
Computer equipment
At 31 December 2021
16,503
At 31 December 2021
13,495
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
17,395
16,949
Accrued income and prepayments
358
230
6
Creditors: amounts falling due within one year
2021
2020
Amounts owed to group undertakings and other participating interests
9,524
7,996
Taxes and social security
4,854
7,507
Other creditors
116,906
152,209
7
Average number of employees
During the year the average number of employees was 4 (2020: 5).
