Nicholas Curram Limited,Ltd - AccountsLtd - Accounts

Nicholas Curram Limited,Ltd - AccountsLtd - Accounts

NICHOLAS CURRAM LIMITED - Company Information

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2021-02-01 04125739 2022-01-31 04125739 2021-02-01 2022-01-31 04125739 2021-01-31 04125739 2020-02-01 2021-01-31 04125739 uk-core:WithinOneYear 2021-01-31 04125739 uk-core:WithinOneYear 2022-01-31 04125739 uk-core:ShareCapital 2022-01-31 04125739 uk-core:ShareCapital 2021-01-31 04125739 uk-core:RetainedEarningsAccumulatedLosses 2022-01-31 04125739 uk-core:RetainedEarningsAccumulatedLosses 2021-01-31 04125739 uk-bus:Director1 2021-02-01 2022-01-31 04125739 uk-core:ToolsEquipment 2021-02-01 2022-01-31 04125739 uk-core:WithinOneYear 2022-01-31 04125739 uk-core:WithinOneYear 2021-01-31 iso4217:GBP xbrli:pure 04125739 uk-bus:AuditExempt-NoAccountantsReport 2021-02-01 2022-01-31 04125739 uk-bus:FRS102 2021-02-01 2022-01-31 04125739 uk-bus:FullAccounts 2021-02-01 2022-01-31 04125739 uk-bus:PrivateLimitedCompanyLtd 2021-02-01 2022-01-31
Nicholas Curram Limited
Registered Number:04125739
For the year ended 31 January 2022
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2022
Nicholas Curram Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
04125739
As at 31 January 2022
Nicholas Curram Limited
Statement of Financial Position
£
£
2021
2022
Notes
Fixed assets
Property, plant and equipment
5,565
6,956
2
5,565
6,956
Current assets
Inventories
65,930
72,500
Trade and other receivables
54,690
45,541
3
8,612
Cash and cash equivalents
5,592
123,633
129,232
Trade and other payables: amounts falling due within one year
(105,119)
(118,673)
4
24,113
4,960
Net current assets
Total assets less current liabilities
10,525
31,069
(1,057)
(1,322)
Provisions for liabilities
9,468
Net assets
29,747
Capital and reserves
Called up share capital
100
100
Retained earnings
9,368
29,647
9,468
29,747
Shareholders' funds
For the year ended 31 January 2022 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 of its financial statements for the year ended 31 January 2022 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Nicholas Curram Director
These financial statements were approved and authorised for issue by the Board on 04 September 2022 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 January 2022
Nicholas Curram Limited
Notes to the Financial Statements
Statutory Information
Nicholas Curram Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04125739.
Registered address:
Windyridge
Amberley
Stroud
Gloucestershire
GL5 5AA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act
2006. The financial statements have been prepared under the historical costs convention as modified by the revaluation
of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20% Reducing balance
Office equipment
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Amounts Recoverable under Contracts
Amounts recoverable under contracts are included at billable value.
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5
For the year ended 31 January 2022
Nicholas Curram Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Office
equipment
£
Cost or valuation
At 01 February 2021
37,700
At 31 January 2022
37,700
Provision for depreciation and impairment
At 01 February 2021
30,744
Charge for year
1,391
At 31 January 2022
32,135
At 31 January 2022
Net book value
5,565
At 31 January 2021
6,956
3. Trade and other receivables
2021
2022
£
£
Trade debtors
42,105
50,942
Other debtors
3,436
3,748
54,690
45,541
4. Trade and other payables: amounts falling due within one year
2021
2022
£
£
Bank loans and overdraft
22,071
28,640
Trade creditors
1,217
3,561
Taxation and social security
92,441
69,129
Other creditors
2,944
3,789
118,673
105,119
5. Average number of persons employed
During the year the average number of employees was 6 (2021 : 5)
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