Nulands Strategic Limited Filleted accounts for Companies House (small and micro)
Nulands Strategic Limited Filleted accounts for Companies House (small and micro)
Statement of Consent to Prepare Abridged Financial Statements |
COMPANY REGISTRATION NUMBER:
09805337
|
|
|
|
Chartered Accountant's Report to the Director on the Preparation of the Unaudited Statutory Abridged Financial Statements of
|
Year ended 31 October 2020
22 Friars Street
Sudbury
Suffolk
CO10 2AA
|
Abridged Statement of Financial Position |
2020 |
2019 |
|
Note |
£ |
£ |
Fixed assets
Tangible assets |
5 |
|
|
Current assets
Debtors |
|
|
Cash at bank and in hand |
|
|
--------- |
--------- |
|
|
|
|
Creditors: amounts falling due within one year |
|
|
--------- |
--------- |
|
Net current assets |
|
|
--------- |
--------- |
|
Total assets less current liabilities |
|
|
Provisions |
|
|
--------- |
--------- |
|
Net assets |
|
|
--------- |
--------- |
|
Capital and reserves
Called up share capital |
|
|
Profit and loss account |
|
|
--------- |
--------- |
|
Shareholders funds |
|
|
--------- |
--------- |
|
In accordance with section 444 of the Companies Act 2006, the abridged income statement has not been delivered.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
|
Abridged Statement of Financial Position (continued) |
These abridged financial statements were approved by the
board of directors
and authorised for issue on
29 July 2021
, and are signed on behalf of the board by:
|
|
Director |
|
Company registration number:
09805337
|
Notes to the Abridged Financial Statements |
Year ended 31 October 2020
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 22 Friars Street, Sudbury, Suffolk, CO10 2AA. The business address is Peacock Hall Farm, Sudbury, Suffolk, CO10 0PE.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Leasehold Improvements |
- |
|
|
Office Equipment |
- |
|
|
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Provisions
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2019:
1
).
5.
Tangible assets
£ |
|
Cost |
|
At 1 November 2019 |
|
Additions |
|
-------- |
|
At 31 October 2020 |
|
-------- |
|
Depreciation |
|
At 1 November 2019 |
|
Charge for the year |
|
-------- |
|
At 31 October 2020 |
|
-------- |
|
Carrying amount |
|
At 31 October 2020 |
6,312 |
-------- |
|
At 31 October 2019 |
6,203 |
-------- |
|
6.
Director's advances, credits and guarantees
Included in other debtors is a balance of £187,650 due from the director on their loan account. Interest is charged on this balance.
7.
Controlling party
The company was under the control of the director who owns 100% of the issued share capital.