NETWORK4 LTD

Company Registration Number:
08914766 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

NETWORK4 LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

NETWORK4 LTD

Company Information

for the Period Ended 31 March 2023




Director: Sandro Fernandes
Gary Dugmore
Registered office: International House
24 Holborn Viaduct
City Of London
London
England
EC1A 2BN
Company Registration Number: 08914766 (England and Wales)

NETWORK4 LTD

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal Activities

Unit4 Business World ERP System Consultancy Services

Political and charitable donations

No charitable donations and political donations were made by the company

Directors

The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
Sandro Fernandes

The director(s) shown below resigned during the period
Gary Dugmore
31 March 2023

This report was approved by the board of directors on 27 October 2023
And Signed On Behalf Of The Board By:

Name: Sandro Fernandes
Status: Director

NETWORK4 LTD

Profit and Loss Account

for the Period Ended 31 March 2023


Notes

2023
£

2022
£
Turnover 167,176 181,641
Gross Profit or (Loss) 167,176 181,641
Administrative Expenses ( 107,650 ) ( 80,019 )
Operating Profit or (Loss) 59,526 101,622
Interest Receivable and Similar Income 1,824 623
Profit or (Loss) Before Tax 61,350 102,245
Tax on Profit ( 11,685 ) ( 19,427 )
Profit or (Loss) for Period 49,665 82,818

The notes form part of these financial statements

NETWORK4 LTD

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 0 22,776
Total fixed assets: 0 22,776
Current assets
Debtors: 5 9,541 28,482
Cash at bank and in hand: 147,737 175,818
Total current assets: 157,278 204,300
Creditors: amounts falling due within one year: 6 ( 42,700 ) ( 37,768 )
Net current assets (liabilities): 114,578 166,532
Total assets less current liabilities: 114,578 189,308
Accruals and deferred income: ( 0 ) ( 756 )
Total net assets (liabilities): 114,578 188,552

The notes form part of these financial statements

NETWORK4 LTD

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 236 400
Profit and loss account: 114,342 188,152
Shareholders funds: 114,578 188,552

For the year ending 31 March 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 27 October 2023
And Signed On Behalf Of The Board By:

Name: Sandro Fernandes
Status: Director

The notes form part of these financial statements

NETWORK4 LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NETWORK4 LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

NETWORK4 LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

NETWORK4 LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 April 2022 70,621 70,621
Additions 2,285 2,285
Disposals ( 58,315 ) ( 58,315 )
Revaluations - -
Transfers - -
At 31 March 2023 14,591 14,591
Depreciation
At 01 April 2022 47,845 47,845
Charge for year 12,407 12,407
On disposals ( 45,661 ) ( 45,661 )
Other adjustments - -
At 31 March 2023 14,591 14,591
Net book value
At 31 March 2023 0 0
At 31 March 2022 22,776 22,776

NETWORK4 LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Debtors


2023
£

2022
£
Trade debtors 9,541 28,482
Total 9,541 28,482

NETWORK4 LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 31,677
Taxation and social security 11,023 37,768
Total 42,700 37,768