IRIS Accounts Production v23.2.0.158 14188663 Board of Directors Board of Directors 22.6.22 31.3.23 31.3.23 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 14188663 2022-06-21 14188663 2023-03-31 14188663 2022-06-22 2023-03-31 14188663 2022-06-21 14188663 ns10:Original ns15:EnglandWales 2022-06-22 2023-03-31 14188663 ns14:PoundSterling ns10:Original 2022-06-22 2023-03-31 14188663 ns10:Original ns10:Director1 2022-06-22 2023-03-31 14188663 ns10:Original 2022-06-22 2023-03-31 14188663 ns10:Original ns10:Director2 2022-06-22 2023-03-31 14188663 ns10:Original 2023-03-31 14188663 ns10:Original ns10:PrivateLimitedCompanyLtd 2022-06-22 2023-03-31 14188663 ns10:Original ns10:SmallEntities 2022-06-22 2023-03-31 14188663 ns10:Original ns10:AuditExempt-NoAccountantsReport 2022-06-22 2023-03-31 14188663 ns10:Original ns10:SmallCompaniesRegimeForDirectorsReport 2022-06-22 2023-03-31 14188663 ns10:SmallCompaniesRegimeForAccounts ns10:Original 2022-06-22 2023-03-31 14188663 ns10:Original ns10:AbridgedAccounts 2022-06-22 2023-03-31 14188663 ns10:Original ns10:Director3 2022-06-22 2023-03-31 14188663 ns10:Original ns10:Director4 2022-06-22 2023-03-31 14188663 ns10:Original ns10:RegisteredOffice 2022-06-22 2023-03-31 14188663 ns10:Original ns5:CurrentFinancialInstruments 2023-03-31 14188663 ns10:Original ns5:Non-currentFinancialInstruments 2023-03-31 14188663 ns5:ShareCapital ns10:Original 2023-03-31 14188663 ns10:Original ns5:RetainedEarningsAccumulatedLosses 2023-03-31

REGISTERED NUMBER: 14188663 (England and Wales)

| ABRIDGED UNAUDITED FINANCIAL STATEMENTS |

| FOR THE PERIOD 22 JUNE 2022 TO 31 MARCH 2023 |

| FOR |

| NITC HOLDINGS LIMITED |

| NITC HOLDINGS LIMITED (REGISTERED NUMBER: 14188663) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the period 22 June 2022 to 31 March 2023

Page |

| Company Information | 1 |

| Abridged Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| NITC HOLDINGS LIMITED |

COMPANY INFORMATION

for the period 22 June 2022 to 31 March 2023

| DIRECTORS: | A Brooks

| D Bryant

| M I Darrah

| G Mead

| REGISTERED OFFICE: | Unit 3 Blackbushe Business Park

| Aragon Road

| Yateley

| Hampshire

| GU46 6GA

| REGISTERED NUMBER: | 14188663 (England and Wales)

| NITC HOLDINGS LIMITED (REGISTERED NUMBER: 14188663) |

ABRIDGED BALANCE SHEET

31 March 2023

| Notes | £ | £ |

| FIXED ASSETS

| Investments | 4 | 1,405,785 |  |

| CURRENT ASSETS

| Debtors | 300 |  |  |

| CREDITORS

| Amounts falling due within one year | 1,245,405 |  |

| NET CURRENT LIABILITIES | (1,245,105 | ) |

| TOTAL ASSETS LESS CURRENT LIABILITIES | 160,680 |  |

| CREDITORS

| Amounts falling due after more than one year | 162,422 |  |

| NET LIABILITIES | (1,742 | ) |

| CAPITAL AND RESERVES

| Called up share capital | 300 |  |

| Retained earnings | (2,042 | ) |

(1,742 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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.

| NITC HOLDINGS LIMITED (REGISTERED NUMBER: 14188663) |

ABRIDGED BALANCE SHEET - continued

31 March 2023

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 28 September 2023 and were signed on its behalf by:

M I Darrah - Director

G Mead - Director

| NITC HOLDINGS LIMITED (REGISTERED NUMBER: 14188663) |

NOTES TO THE FINANCIAL STATEMENTS

for the period 22 June 2022 to 31 March 2023

1. | STATUTORY INFORMATION

| Nitc Holdings 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.

| The accounts have been prepared in accordance with applicable accounting standards. The principal accounting policies adopted in the preparation of the financial statements are set out below.

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Taxation

| Taxation for the period 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 period 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 4 .

| NITC HOLDINGS LIMITED (REGISTERED NUMBER: 14188663) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the period 22 June 2022 to 31 March 2023

4. | FIXED ASSET INVESTMENTS

| Information on investments other than loans is as follows:

| Totals

£ |

| COST

| Additions | 1,405,785 |  |

| At 31 March 2023 | 1,405,785 |  |

| NET BOOK VALUE

| At 31 March 2023 | 1,405,785 |  |

5. | CHANGE IN LENGTH OF REPORTING PERIOD

| The reporting period was shortened from 30 June 2023 to 31 March 2023 to bring the year end in line with its subsidiary undertaking, Nationwide IT Consultancy Limited.