D.R.Nicholson Limited - Accounts to registrar (filleted) - small 18.2

D.R.Nicholson Limited - Accounts to registrar (filleted) - small 18.2


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REGISTERED NUMBER: 10260681 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2022

for

D.R.Nicholson Limited

D.R.Nicholson Limited (Registered number: 10260681)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


D.R.Nicholson Limited

Company Information
for the Year Ended 31 March 2022







DIRECTORS: D R Nicholson DIP ARCH ARB RIBA
Mrs S Nicholson





REGISTERED OFFICE: 39 Pine Grove
Maidstone
Kent
ME14 2AJ





REGISTERED NUMBER: 10260681 (England and Wales)





ACCOUNTANTS: Berry & Company
Chartered Accountants
Sterling House
7 Ashford Road
Maidstone
Kent
ME14 5BJ

D.R.Nicholson Limited (Registered number: 10260681)

Balance Sheet
31 March 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,657 5,291

CURRENT ASSETS
Debtors 5 24,943 19,291
Cash at bank and in hand 5,045 8,893
29,988 28,184
CREDITORS
Amounts falling due within one year 6 16,385 17,198
NET CURRENT ASSETS 13,603 10,986
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,260

16,277

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 19,257 16,274
SHAREHOLDERS' FUNDS 19,260 16,277

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 March 2023 and were signed on its behalf by:





D R Nicholson DIP ARCH ARB RIBA - Director


D.R.Nicholson Limited (Registered number: 10260681)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

D.R.Nicholson Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income recognition
Income represents the fair value of consideration received or receivable derived from the provision of goods and services to customers during the year (excluding value added tax) and is recognised when the company becomes entitled to it, usually on the rendering of an invoice.

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on reducing balance

Financial instruments
The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

D.R.Nicholson Limited (Registered number: 10260681)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2021 9,268
Additions 1,955
At 31 March 2022 11,223
DEPRECIATION
At 1 April 2021 3,977
Charge for year 1,589
At 31 March 2022 5,566
NET BOOK VALUE
At 31 March 2022 5,657
At 31 March 2021 5,291

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 24,646 15,967
Other debtors 297 3,324
24,943 19,291

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 1,271 774
Taxation and social security 1,949 7,298
Other creditors 13,165 9,126
16,385 17,198