Company Registration No. 11111950 (England and Wales)
Nightingale Europe Limited
Unaudited accounts
for the year ended 31 December 2019
Nightingale Europe Limited
Unaudited accounts
Contents
Nightingale Europe Limited
Company Information
for the year ended 31 December 2019
Director
Ryan Steven Atkins
Company Number
11111950 (England and Wales)
Registered Office
9 BARLEYCORN COURT
WALMGATE
YORK
YO1 9TX
UNITED KINGDOM
Accountants
Accounts Lab Ltd
The Leeming Building
Vicar Lane
Leeds
West Yorkshire
LS2 7JF
Nightingale Europe Limited
Statement of financial position
as at
31 December 2019
Intangible assets
2,750
-
Tangible assets
2,149
929
Cash at bank and in hand
19
16
Creditors: amounts falling due within one year
(68,143)
(19,521)
Net current liabilities
(56,229)
(11,501)
Net liabilities
(51,330)
(10,572)
Called up share capital
1
1
Profit and loss account
(51,331)
(10,573)
Shareholders' funds
(51,330)
(10,572)
For the year ending 31 December 2019 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 January 2021 and were signed on its behalf by
Ryan Steven Atkins
Director
Company Registration No. 11111950
Nightingale Europe Limited
Notes to the Accounts
for the year ended 31 December 2019
Nightingale Europe Limited is a private company, limited by shares, registered in England and Wales, registration number 11111950. The registered office is 9 BARLEYCORN COURT, WALMGATE, YORK, YO1 9TX, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Computer equipment
20% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Nightingale Europe Limited
Notes to the Accounts
for the year ended 31 December 2019
4
Intangible fixed assets
Other
At 31 December 2019
3,360
At 31 December 2019
2,750
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2019
1,016
-
1,016
Additions
140
1,660
1,800
At 31 December 2019
1,156
1,660
2,816
At 1 January 2019
87
-
87
Charge for the year
278
302
580
At 31 December 2019
365
302
667
At 31 December 2019
791
1,358
2,149
At 31 December 2018
929
-
929
Deferred tax asset
11,894
2,295
Nightingale Europe Limited
Notes to the Accounts
for the year ended 31 December 2019
8
Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
15,662
3,970
Trade creditors
16,721
9,849
Amounts owed to group undertakings and other participating interests
4,000
-
Taxes and social security
4,784
1,382
Other creditors
11,868
3,520
Loans from directors
15,108
-
9
Transactions with related parties
During the period, a total of £6,000 rent was paid to Allies Limited, a company connected by common control.
Included in creditors is an amount of £4,000 due to Brave the Skies Limited, a company connected by common control.
10
Average number of employees
During the year the average number of employees was 4 (2018: 1).