NETHERTON VEHICLE SOLUTIONS LTD |
Registered Number:SC629203 |
For the year ended 30 April 2023
Scotland
Report of the Director and Unaudited Financial Statements
For the year ended 30 April 2023
NETHERTON VEHICLE SOLUTIONS LTD
Contents Page
2
Director's Report
3
Independent Accountants' Report
4
Income Statement
5
Statement of Financial Position
6
Statement of Changes in Equity
7
Notes to the Financial Statements
For the year ended 30 April 2023
NETHERTON VEHICLE SOLUTIONS LTD
Company Information
ALAN WARD
Director
SC629203
4 NETHERTON ROAD
WISHAW
LANARKSHIRE
ML2 0EQ
JOHN Q STEWART ACCOUNTANTS
Accountants
45 MAIN STREET
FAULDHOUSE
BY BATHGATE
WEST LOTHIAN
EH47 9HY
1 of 7
For the year ended 30 April 2023
NETHERTON VEHICLE SOLUTIONS LTD
Director's Report
The director presents his report and financial statements for the year ended 30 April 2023.
The principal activity of the company continued to be that of LIGHT VEHICLE SALES
Director
The director who served the company throughout the year was as follows:
ALAN WARD
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. |
01 July 2023
2 of 7
For the year ended 30 April 2023
NETHERTON VEHICLE SOLUTIONS LTD
Independent Accountants' Report
As described on the Statement of Financial Position you are responsible for the preparation of the financial statements |
for the year ended 30 April 2023 and you consider that the company is exempt from an audit under the Companies Act |
2006. In accordance with your instructions, we have compiled these unaudited financial statements in order to assist |
you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to |
us. |
JOHN Q STEWART ACCOUNTANTS
45 MAIN STREET
FAULDHOUSE
BY BATHGATE
WEST LOTHIAN
EH47 9HY
01 July 2023
3 of 7
For the year ended 30 April 2023
NETHERTON VEHICLE SOLUTIONS LTD
Income Statement
2023
311,577
(276,815)
Gross profit
34,762
(19,936)
Operating profit
14,826
Interest payable and similar charges |
(214)
14,612
Profit before taxation
(2,776)
11,836
Profit for the financial year
4 of 7
NETHERTON VEHICLE SOLUTIONS LTD
Statement of Financial Position
2023
83,580
2
Cash and cash equivalents |
83,235
166,815
Trade and other payables: amounts falling due within one |
year |
(6,072)
3
160,743
Net current assets
Total assets less current liabilities |
160,743
Trade and other payables: amounts falling due after more |
than one year |
(78,922)
4
81,821
Net assets/liabilities
1
81,820
81,821
Shareholders' funds
For the year ended 30 April 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 April 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. |
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 01 July 2023 and were signed by: |
The notes form part of these financial statements |
5 of 7
For the year ended 30 April 2023
NETHERTON VEHICLE SOLUTIONS LTD
Statement of Changes in Equity
Share Capital
Total
69,984
69,984
-
Share issue during the year |
1
-
1
11,836
11,836
Profit/Loss for the year
1
81,820
81,821
6 of 7
For the year ended 30 April 2023
NETHERTON VEHICLE SOLUTIONS LTD
Notes to the Financial Statements
Statutory Information
NETHERTON VEHICLE SOLUTIONS LTD is a private limited company, limited by shares, domiciled in Scotland, |
registration number SC629203. |
4 NETHERTON ROAD
WISHAW
LANARKSHIRE
ML2 0EQ
The presentation currency is £ sterling. |
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. |
2023
83,580
3. Trade and other payables: amounts falling due within one year |
2023
Taxation and social security |
5,072
1,000
6,072
4. Trade and other payables: amounts falling due after more than one year |
2023
78,922
5. Average number of persons employed |
During the year the average number of employees was 0
7 of 7