NENE VALLEY PAVING LTD

NENE VALLEY PAVING LTD

NENE VALLEY PAVING LTD - Company Information

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NENE VALLEY PAVING LTD

Company Registration Number:
06332210 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2021

Period of accounts

Start date: 01 September 2020

End date: 31 August 2021

NENE VALLEY PAVING LTD

Contents of the Financial Statements

for the Period Ended 31 August 2021

Balance sheet
Notes

NENE VALLEY PAVING LTD

Balance sheet

As at 31 August 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 14,248 11,904
Total fixed assets: 14,248 11,904
Current assets
Stocks: 86,682 54,395
Debtors:   8,784 7,640
Cash at bank and in hand: 334,713 341,673
Total current assets: 430,179 403,708
Creditors: amounts falling due within one year:   (204,368) (255,828)
Net current assets (liabilities): 225,811 147,880
Total assets less current liabilities: 240,059 159,784
Provision for liabilities: (2,444) (1,941)
Total net assets (liabilities): 237,615 157,843
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 237,515 157,743
Shareholders funds: 237,615 157,843

The notes form part of these financial statements

NENE VALLEY PAVING LTD

Balance sheet statements

For the year ending 31 August 2021 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 December 2021
and signed on behalf of the board by:

Name: Mr J S Pearce
Status: Director

The notes form part of these financial statements

NENE VALLEY PAVING LTD

Notes to the Financial Statements

for the Period Ended 31 August 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Sales are reflected in the accounts on the date of payment or in the case of account customers on the date of invoice.

Tangible fixed assets and depreciation policy

Fixed Assets are included in the Balance Sheet at cost less accumulated depreciation.

Valuation and information policy

Inventories are carried at cost price reduced where necessary to reduce the carrying value of items to their estimated net realisable value.

Other accounting policies

Goods purchased from suppliers are reflected in the accounts on the date of receipt.Operating costs are included in the accounts on an accruals basis.

NENE VALLEY PAVING LTD

Notes to the Financial Statements

for the Period Ended 31 August 2021

2. Employees

2021 2020
Average number of employees during the period 4 4

NENE VALLEY PAVING LTD

Notes to the Financial Statements

for the Period Ended 31 August 2021

3. Tangible Assets

Total
Cost £
At 01 September 2020 136,547
Additions 8,591
At 31 August 2021 145,138
Depreciation
At 01 September 2020 124,643
Charge for year 6,247
At 31 August 2021 130,890
Net book value
At 31 August 2021 14,248
At 31 August 2020 11,904