N & N Autoworld Limited Filleted accounts for Companies House (small and micro)
N & N Autoworld Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
05902593
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Statement of Financial Position |
2022 |
2021 |
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Note |
£ |
£ |
£ |
Fixed assets
Intangible assets |
5 |
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Tangible assets |
6 |
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--------- |
--------- |
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Current assets
Stocks |
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Debtors |
7 |
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Cash at bank and in hand |
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--------- |
--------- |
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Creditors: amounts falling due within one year |
8 |
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--------- |
--------- |
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Net current (liabilities)/assets |
(
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--------- |
--------- |
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Total assets less current liabilities |
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Provisions
Taxation including deferred tax |
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--------- |
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Net assets |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
11 May 2023
, and are signed on behalf of the board by:
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Director |
Director |
Company registration number:
05902593
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Notes to the Financial Statements |
Year ended 30 November 2022
1.
General information
The company is a private company limited by shares, registered in England. The address of the registered office is 12 Wilkinson Road, Love Lane Industrial Estate, Ciencester, Gloucestershire, GL7 1YT, England.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill |
- |
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If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
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:
Plant and machinery |
- |
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Equipment |
- |
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Impairment of fixed assets
Stocks
Government grants
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
6
(2021:
6
).
5.
Intangible assets
Goodwill |
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£ |
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Cost |
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At 1 December 2021 and 30 November 2022 |
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--------- |
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Amortisation |
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At 1 December 2021 |
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Charge for the year |
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--------- |
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At 30 November 2022 |
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Carrying amount |
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At 30 November 2022 |
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At 30 November 2021 |
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6.
Tangible assets
Land and buildings |
Plant and machinery |
Equipment |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1 December 2021 |
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Additions |
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– |
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Disposals |
(
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– |
– |
(
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--------- |
-------- |
------- |
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At 30 November 2022 |
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------- |
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Depreciation |
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At 1 December 2021 |
– |
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Charge for the year |
– |
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--------- |
-------- |
------- |
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At 30 November 2022 |
– |
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-------- |
------- |
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Carrying amount |
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At 30 November 2022 |
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------- |
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At 30 November 2021 |
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7.
Debtors
2022 |
2021 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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------- |
------- |
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------- |
------- |
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8.
Creditors:
amounts falling due within one year
2022 |
2021 |
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£ |
£ |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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--------- |
-------- |
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9.
Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2022 |
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Balance brought forward |
Advances/ (credits) to the directors |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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(
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(
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(
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2021 |
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Balance brought forward |
Advances/ (credits) to the directors |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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(
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– |
(735) |
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