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REGISTERED NUMBER: 08252707 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

NOW GET QUALIFIED LIMITED

NOW GET QUALIFIED LIMITED (REGISTERED NUMBER: 08252707)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NOW GET QUALIFIED LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTORS: Mr D D Plosky
Mrs D S Plosky





REGISTERED OFFICE: 12 Nelson Way
Beccles
Suffolk
NR34 9PH





REGISTERED NUMBER: 08252707 (England and Wales)





ACCOUNTANTS: Bayar Hughes & Co
Chartered Certified Accountants
4 Green Lane Business Park
238 Green lane
New Eltham
London
SE9 3TL

NOW GET QUALIFIED LIMITED (REGISTERED NUMBER: 08252707)

BALANCE SHEET
31 MARCH 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 8,273 10,719
8,273 10,719

CURRENT ASSETS
Debtors 6 13,375 9,080
Cash at bank 90,273 115,431
103,648 124,511
CREDITORS
Amounts falling due within one year 7 36,132 43,945
NET CURRENT ASSETS 67,516 80,566
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,789

91,285

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 75,689 91,185
SHAREHOLDERS' FUNDS 75,789 91,285

NOW GET QUALIFIED LIMITED (REGISTERED NUMBER: 08252707)

BALANCE SHEET - continued
31 MARCH 2022


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 11 August 2022 and were signed on its behalf by:





Mr D D Plosky - Director


NOW GET QUALIFIED LIMITED (REGISTERED NUMBER: 08252707)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1. STATUTORY INFORMATION

Now Get Qualified 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office - 25% on reducing balance
Office Furniture & Equipment - 25% on reducing balance
Motor Vehicle - 25% 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2021 - 4 ) .

NOW GET QUALIFIED LIMITED (REGISTERED NUMBER: 08252707)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2021
and 31 March 2022 9,875
AMORTISATION
At 1 April 2021
and 31 March 2022 9,875
NET BOOK VALUE
At 31 March 2022 -
At 31 March 2021 -

5. TANGIBLE FIXED ASSETS
Office
Furniture Motor
Office & Equipment Vehicle Totals
£    £    £    £   
COST
At 1 April 2021 10,485 5,529 17,513 33,527
Additions - 313 - 313
At 31 March 2022 10,485 5,842 17,513 33,840
DEPRECIATION
At 1 April 2021 8,423 2,910 11,475 22,808
Charge for year 594 655 1,510 2,759
At 31 March 2022 9,017 3,565 12,985 25,567
NET BOOK VALUE
At 31 March 2022 1,468 2,277 4,528 8,273
At 31 March 2021 2,062 2,619 6,038 10,719

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade Debtors 12,966 8,280
Directors' Loan Account 409 -
Other Debtors & Prepayments - 800
13,375 9,080

NOW GET QUALIFIED LIMITED (REGISTERED NUMBER: 08252707)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Corporation Tax 14,781 11,409
Paye Creditor 516 329
Vat Creditor 19,135 13,258
Directors' Loan Account - 17,207
Other Creditors & Accruals 1,700 1,742
36,132 43,945

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
100 Ordinary 1 100 100

9. RESERVES
Retained
earnings
£   

At 1 April 2021 91,185
Profit for the year 59,504
Dividends (75,000 )
At 31 March 2022 75,689