Nippi Vehicles Limited - Dormant accounts - members and to registrar (filleted) 23.1

REGISTERED NUMBER: 03478664 (England and Wales)

NIPPI VEHICLES LIMITED

REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

Page

Company Information

1

Report of the Director

2

Statement of Financial Position

3

Income Statement

4

Notes to the Financial Statements

5

DIRECTOR:

M Barnes

REGISTERED OFFICE:

4 Parkside Court

Greenhough Road

Lichfield

Staffordshire

WS13 7FE

REGISTERED NUMBER:

03478664 (England and Wales)

The director presents his report with the financial statements of the company for the year ended 31 December 2022.

DIRECTOR

M Barnes held office during the whole of the period from 1 January 2022 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

M Barnes - Director

25 September 2023

FIXED ASSETS

Tangible assets

3

501

CURRENT ASSETS

Stocks

2,000

Debtors

4

13,934

Cash at bank

13

15,947

CREDITORS

Amounts falling due within one year

5

2,662

NET CURRENT ASSETS

13,285

TOTAL ASSETS LESS CURRENT
LIABILITIES

13,786

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

13,686

SHAREHOLDERS' FUNDS

13,786

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 December 2022.

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

The director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 25 September 2023 and were signed by:

M Barnes - Director

During the financial year and the preceding financial year the company has not traded and has received no income and incurred no expenditure. Consequently, during those periods the company has made neither a profit nor a loss.

1.	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.

The company was dormant throughout the current year and previous year.

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

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2.	EMPLOYEES AND DIRECTORS

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

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2022

and 31 December 2022

17,240

DEPRECIATION

At 1 January 2022

and 31 December 2022

16,739

NET BOOK VALUE

At 31 December 2022

501

At 31 December 2021

501

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

Other debtors

13,934

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

Other creditors

2,662