NATURE WORKS LIMITED |
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BALANCE SHEET |
AS AT 31 MARCH 2023 |
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Notes |
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2023 |
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2022 |
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£ |
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£ |
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CURRENT ASSETS |
Cash at bank and in hand |
2 |
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2 |
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NET CURRENT ASSETS |
2 |
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2 |
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NET ASSETS |
2 |
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2 |
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CAPITAL AND RESERVES |
Called up share capital |
2 |
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2 |
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SHAREHOLDERS' FUNDS |
2 |
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2 |
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These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities. |
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For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006. |
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Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
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The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
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As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report. |
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Signed on behalf of the board |
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S C A Gray |
Director |
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Date approved by the board: 28 November 2023 |
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NATURE WORKS LIMITED |
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NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2023 |
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1 |
GENERAL INFORMATION |
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Nature Works Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is: |
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Cranbrook House |
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287-291 Banbury Road |
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Oxon |
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OX2 7JQ |
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The financial statements are presented in Sterling, which is the functional currency of the company. |
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2 |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
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Basis of preparation of financial statements |
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These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006. |
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Financial Instruments |
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The company only enters into basic financial instruments transactions 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, loans to related parties and investments in non-puttable ordinary shares. |
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Financial assets are measured at cost and are assessed at the end of each reporting period for objective evidence of impairment. Where objective evidence of impairment is found, an impairment loss is recognised in the profit and loss account. |
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