Company Registration No. 13094557 (England and Wales)
NATMEG LTD
Unaudited accounts
for the year ended 31 December 2023
NATMEG LTD
Unaudited accounts
Contents
NATMEG LTD
Company Information
for the year ended 31 December 2023
Company Number
13094557 (England and Wales)
Registered Office
45 MAIN ROAD
DYFFRYN CELLWEN
NEATH
SA10 9HR
WALES
NATMEG LTD
Statement of financial position
as at 31 December 2023
Tangible assets
34,591
39,413
Cash at bank and in hand
142,316
118,757
Creditors: amounts falling due within one year
(66,944)
(70,796)
Net current assets
81,872
54,461
Called up share capital
2
2
Profit and loss account
116,461
93,872
Shareholders' funds
116,463
93,874
For the year ending 31 December 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 8 April 2024 and were signed on its behalf by
Emma Louise Fry
Director
Company Registration No. 13094557
NATMEG LTD
Notes to the Accounts
for the year ended 31 December 2023
NATMEG LTD is a private company, limited by shares, registered in England and Wales, registration number 13094557. The registered office is 45 MAIN ROAD, DYFFRYN CELLWEN, NEATH, SA10 9HR, WALES.
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 company was incorporated on 22/12/20 and commenced to trade on 01/05/2021
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.
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
20% straight line
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2023
22,525
13,350
15,295
799
51,969
Additions
5,998
-
2,442
978
9,418
At 31 December 2023
28,523
13,350
17,737
1,777
61,387
At 1 January 2023
4,900
2,670
4,718
268
12,556
Charge for the year
5,705
2,670
5,509
356
14,240
At 31 December 2023
10,605
5,340
10,227
624
26,796
At 31 December 2023
17,918
8,010
7,510
1,153
34,591
At 31 December 2022
17,625
10,680
10,577
531
39,413
NATMEG LTD
Notes to the Accounts
for the year ended 31 December 2023
5
Creditors: amounts falling due within one year
2023
2022
Trade creditors
11,313
10,267
Taxes and social security
9,294
5,949
Other creditors
25,607
164
Loans from directors
-
36,331
6
Average number of employees
During the year the average number of employees was 17 (2022: 17).