Company Registration No. 11111950 (England and Wales)
Nightingale Europe Limited
Unaudited accounts
for the year ended 31 December 2021
Nightingale Europe Limited
Unaudited accounts
Contents
Nightingale Europe Limited
Company Information
for the year ended 31 December 2021
Director
Ryan Steven Atkins
Company Number
11111950 (England and Wales)
Registered Office
11 Colliergate
York
YO1 8BP
England
Accountants
Sleek Accounting Ltd
107 Kirkgate
Leeds
West Yorkshire
LS1 6DP
Nightingale Europe Limited
Statement of financial position
as at
31 December 2021
Intangible assets
1,517
1,910
Tangible assets
13,123
1,588
Cash at bank and in hand
30,136
26,656
Creditors: amounts falling due within one year
(84,295)
(46,533)
Net current liabilities
(19,891)
(2,861)
Total assets less current liabilities
(5,251)
637
Creditors: amounts falling due after more than one year
(41,715)
(45,553)
Net liabilities
(46,966)
(44,916)
Called up share capital
1
1
Profit and loss account
(46,967)
(44,917)
Shareholders' funds
(46,966)
(44,916)
For the year ending 31 December 2021 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 30 September 2022 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 2021
Nightingale Europe Limited is a private company, limited by shares, registered in England and Wales, registration number 11111950. The registered office is 11 Colliergate, York, YO1 8BP, England.
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.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Nightingale Europe Limited
Notes to the Accounts
for the year ended 31 December 2021
4
Intangible fixed assets
Other
At 31 December 2021
3,860
At 31 December 2021
2,343
At 31 December 2021
1,517
At 31 December 2020
1,910
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2021
-
1,156
-
1,660
2,816
Additions
7,141
-
4,999
909
13,049
At 31 December 2021
7,141
1,156
4,999
2,569
15,865
At 1 January 2021
-
654
-
574
1,228
Charge for the year
657
289
320
248
1,514
At 31 December 2021
657
943
320
822
2,742
At 31 December 2021
6,484
213
4,679
1,747
13,123
At 31 December 2020
-
502
-
1,086
1,588
6
Debtors: amounts falling due within one year
2021
2020
Trade debtors
1,475
1,250
Amounts due from group undertakings etc.
17,250
5,250
Deferred tax asset
10,853
10,515
Accrued income and prepayments
3,858
-
Nightingale Europe Limited
Notes to the Accounts
for the year ended 31 December 2021
7
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
9,379
4,447
Trade creditors
20,612
14,214
Amounts owed to group undertakings and other participating interests
43,079
10,050
Taxes and social security
881
5,656
Other creditors
1,930
4,062
Loans from directors
8,206
7,894
8
Creditors: amounts falling due after more than one year
2021
2020
9
Share capital
2021
2020
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
10
Transactions with related parties
Included in debtors is an amount of £14,250 (2020: £5,250) due from The Embarking Group Limited, the parent company.
Included in debtors is an amount of £3,000 (2020: £nil) due from Vela Flowers Limited, a company connected by common control.
Included in creditors is an amount of £7,050 (2020: £7,050) due to Brave the Skies Limited, a company connected by common control.
Included in creditors in an amount of £36,029 (2020: £3,000) due to The Embarking Company Limited, a company connected by common control.
The company's parent company and ultimate controlling party is The Embarking Group Limited, a company incorporated in England and Wales.
For the year ended 31 December 2021 The Embarking Group Limited was controlled by Ryan Steven Atkins.
12
Average number of employees
During the year the average number of employees was 3 (2020: 3).