N G Irelan-Hill Painting & Decorating Limited,Ltd - AccountsLtd - Accounts

N G Irelan-Hill Painting & Decorating Limited,Ltd - AccountsLtd - Accounts

N.G. IRELAN-HILL PAINTING & DECORATING LIMITED - Company Information

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2022-07-01 04465793 2023-06-30 04465793 2022-07-01 2023-06-30 04465793 2022-06-30 04465793 2021-07-01 2022-06-30 04465793 uk-core:WithinOneYear 2022-06-30 04465793 uk-core:WithinOneYear 2023-06-30 04465793 uk-core:ShareCapital 2023-06-30 04465793 uk-core:ShareCapital 2022-06-30 04465793 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 04465793 uk-core:RetainedEarningsAccumulatedLosses 2022-06-30 04465793 uk-bus:Director1 2022-07-01 2023-06-30 04465793 uk-core:PlantMachinery 2022-07-01 2023-06-30 04465793 uk-core:MotorVehicles 2022-07-01 2023-06-30 04465793 uk-core:MotorVehicles 2022-06-30 04465793 uk-core:PlantMachinery 2022-06-30 04465793 uk-core:PlantMachinery 2023-06-30 04465793 uk-core:MotorVehicles 2023-06-30 iso4217:GBP xbrli:pure 04465793 uk-bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 04465793 uk-bus:FRS102 2022-07-01 2023-06-30 04465793 uk-bus:FullAccounts 2022-07-01 2023-06-30 04465793 uk-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30
N G Irelan-Hill Painting & Decorating Limited
Registered Number:04465793
For the year ended 30 June 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2023
N G Irelan-Hill Painting & Decorating Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
04465793
As at 30 June 2023
N G Irelan-Hill Painting & Decorating Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
712
949
2
712
949
Current assets
Inventories
1,200
1,600
3
Trade and other receivables
341
581
4
28,797
Cash and cash equivalents
30,561
32,742
30,338
Trade and other payables: amounts falling due within one year
(7,357)
(7,904)
5
22,981
24,838
Net current assets
Total assets less current liabilities
25,550
23,930
(135)
(180)
Provisions for liabilities
25,415
Net assets
23,750
Capital and reserves
Called up share capital
100
100
Retained earnings
25,315
23,650
25,415
23,750
Shareholders' funds
For the year ended 30 June 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Nicholas Irelan - Hill Director
These financial statements were approved and authorised for issue by the Board on 06 October 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 June 2023
N G Irelan-Hill Painting & Decorating Limited
Notes to the Financial Statements
Statutory Information
N G Irelan-Hill Painting & Decorating Limited is a private limited company, limited by shares, domiciled in England and
Wales, registration number 04465793.
Principal place of business:
80 Hardens Mead
Chippenham
Wiltshire
SN15 3AF
Registered address:
Windyridge
Amberley
Stroud
Gloucestershire
GL5 5AA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting
Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act
2006. The financial statements have been prepared under the historical costs convention as modified by the revaluation
of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25% Reducing balance
25% Reducing balance
Motor Vehicles
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to sell.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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5
For the year ended 30 June 2023
N G Irelan-Hill Painting & Decorating Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Motor Vehicles
Plant and
Machinery
£
£
£
Cost or valuation
At 01 July 2022
9,684
8,200
1,484
At 30 June 2023
1,484
8,200
9,684
Provision for depreciation and impairment
At 01 July 2022
8,735
7,380
1,355
Charge for year
237
205
32
At 30 June 2023
8,972
7,585
1,387
At 30 June 2023
Net book value
97
615
712
At 30 June 2022
129
820
949
3. Inventories
2022
2023
£
£
Stocks
1,600
1,200
4. Trade and other receivables
2022
2023
£
£
Trade debtors
200
-
Other debtors
381
341
341
581
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
3,462
4,103
Other creditors
4,442
3,254
7,904
7,357
6. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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