Nomad Motorhomes Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10951891 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2023

for

Nomad Motorhomes Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N Habershon

D J Cooper

REGISTERED OFFICE:

Unit 2 Capital Park

Nexus Capital Court

Dodworth

Barnsley

S75 3UD

REGISTERED NUMBER:

10951891 (England and Wales)

ACCOUNTANTS:

Camplejohn Rowan

CFC House

Acorn Business Park

Woodseats Close

Sheffield

South Yorkshire

S8 0TB

FIXED ASSETS

Tangible assets

4

72,936

292,077

CURRENT ASSETS

Debtors

5

104,409

30,757

Cash at bank

94,219

9,457

198,628

40,214

CREDITORS

Amounts falling due within one year

6

(431,151

)

(425,791

)

NET CURRENT LIABILITIES

(232,523

)

(385,577

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(159,587

)

(93,500

)

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

7

(159,588

)

(93,501

)

SHAREHOLDERS' FUNDS

(159,587

)

(93,500

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 March 2024 and were signed on its behalf by:

N Habershon - Director

D J Cooper - Director

1.	STATUTORY INFORMATION

Nomad Motorhomes Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	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.

Turnover

Turnover is represented by the hire of motorhomes net of VAT.

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

-

25% on reducing balance

Motor vehicles

-

12% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

COST

At 1 October 2022

7,776

340,864

348,640

Additions

1,195

145,713

146,908

Disposals

-

(395,718

)

(395,718

)

At 30 September 2023

8,971

90,859

99,830

DEPRECIATION

At 1 October 2022

2,998

53,565

56,563

Charge for year

1,493

9,335

10,828

Eliminated on disposal

-

(40,497

)

(40,497

)

At 30 September 2023

4,491

22,403

26,894

NET BOOK VALUE

At 30 September 2023

4,480

68,456

72,936

At 30 September 2022

4,778

287,299

292,077

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.23

30.9.22

£

Trade debtors

89,995

-

Other debtors

-

4,167

VAT

-

12,027

Prepayments

14,414

14,563

104,409

30,757

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.23

30.9.22

£

Trade creditors

418

1,545

VAT

31,235

-

Other creditors

368,374

393,122

Directors' current accounts

29,324

Accrued expenses

1,800

431,151

425,791

7.

RESERVES

Retained

earnings

£

At 1 October 2022

(93,501

)

Deficit for the year

(66,087

)

At 30 September 2023

(159,588

)

Nomad Motorhomes Limited - Accounts to registrar (filleted) - small 23.2.5

Nomad Motorhomes Limited - Accounts to registrar (filleted) - small 23.2.5