1 March 2022 false No description of principal activity Taxfiler 2023.10 08112623business:PrivateLimitedCompanyLtd2022-03-012023-02-28 081126232022-02-28 081126232022-03-012023-02-28 08112623business:AuditExemptWithAccountantsReport2022-03-012023-02-28 08112623business:FilletedAccounts2022-03-012023-02-28 081126232023-02-28 08112623business:Director12022-03-012023-02-28 08112623business:RegisteredOffice2022-03-012023-02-28 081126232022-02-28 08112623core:WithinOneYear2023-02-28 08112623core:WithinOneYear2022-02-28 08112623core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 08112623core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 08112623core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 08112623core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 08112623core:PreviouslyStatedAmount2023-02-28 08112623core:PreviouslyStatedAmount2022-02-28 08112623business:SmallEntities2022-03-012023-02-28 08112623countries:EnglandWales2022-03-012023-02-28 08112623core:FurnitureFittings2022-03-012023-02-28 08112623core:ComputerEquipment2022-03-012023-02-28 08112623core:PlantMachinery2022-02-28 08112623core:FurnitureFittings2022-02-28 08112623core:ComputerEquipment2022-02-28 08112623core:PlantMachinery2023-02-28 08112623core:FurnitureFittings2023-02-28 08112623core:ComputerEquipment2023-02-28 08112623core:PlantMachinery2022-03-012023-02-28 08112623core:AfterOneYear2023-02-28 08112623core:AfterOneYear2022-02-28 081126232021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 08112623 (England and Wales)
NTM Financial Services Limited Unaudited accounts for the year ended 28 February 2023
NTM Financial Services Limited Unaudited accounts Contents
Page
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NTM Financial Services Limited Company Information for the year ended 28 February 2023
Director
N T Muir
Company Number
08112623 (England and Wales)
Registered Office
12 Cwrt Y Parc, Earlswood Road Ty Glas, Llanishen Cardiff CF14 5GH
Accountants
williams lester accountants ltd 12 Cwrt Y Parc, Earlswood Road Llanishen Cardiff Cardiff CF14 5GH
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NTM Financial Services Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,232 
4,360 
Current assets
Debtors
78,650 
- 
Cash at bank and in hand
288,965 
234,246 
367,615 
234,246 
Creditors: amounts falling due within one year
(143,199)
(75,730)
Net current assets
224,416 
158,516 
Net assets
227,648 
162,876 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
227,647 
162,875 
Shareholders' funds
227,648 
162,876 
For the year ending 28 February 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 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 4 October 2023 and were signed on its behalf by
N T Muir Director Company Registration No. 08112623
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NTM Financial Services Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
NTM Financial Services Limited is a private company, limited by shares, registered in England and Wales, registration number 08112623. The registered office is 12 Cwrt Y Parc, Earlswood Road, Ty Glas, Llanishen, Cardiff, CF14 5GH.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
20% reducing balance
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2022
5,600 
7,061 
13,013 
25,674 
At 28 February 2023
5,600 
7,061 
13,013 
25,674 
Depreciation
At 1 March 2022
3,634 
5,533 
12,147 
21,314 
Charge for the year
396 
300 
432 
1,128 
At 28 February 2023
4,030 
5,833 
12,579 
22,442 
Net book value
At 28 February 2023
1,570 
1,228 
434 
3,232 
At 28 February 2022
1,966 
1,528 
866 
4,360 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
5,041 
- 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
73,609 
- 
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NTM Financial Services Limited Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
39,458 
49,897 
Trade creditors
5,337 
4,743 
Taxes and social security
24,347 
20,439 
Other creditors
793 
624 
Loans from directors
73,264 
27 
143,199 
75,730 
7
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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