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REGISTERED NUMBER: 09280233 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

NFSG LTD

NFSG LTD (REGISTERED NUMBER: 09280233)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NFSG LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: W J Wilkinson
S R Wilkinson





SECRETARY:





REGISTERED OFFICE: 3 Court Mews
268 London Road
Charlton Kings
Cheltenham
Gloucestershire
GL52 6HS





REGISTERED NUMBER: 09280233 (England and Wales)





ACCOUNTANTS: Devereux & Co
2 Court Mews
268 London Road
Charlton Kings
Cheltenham
Gloucestershire
GL52 6HS

NFSG LTD (REGISTERED NUMBER: 09280233)

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 11,333 15,433
Debtors 6 3,553 4,637
Cash at bank 36,177 18,513
51,063 38,583
CREDITORS
Amounts falling due within one year 7 102,276 67,717
NET CURRENT LIABILITIES (51,213 ) (29,134 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(51,213

)

(29,134

)

CREDITORS
Amounts falling due after more than one
year

8

30,508

33,597
NET LIABILITIES (81,721 ) (62,731 )

CAPITAL AND RESERVES
Called up share capital 164 164
Share premium 510,558 510,558
Retained earnings (592,443 ) (573,453 )
SHAREHOLDERS' FUNDS (81,721 ) (62,731 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

NFSG LTD (REGISTERED NUMBER: 09280233)

BALANCE SHEET - continued
30 SEPTEMBER 2023


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 2 December 2023 and were signed on its behalf by:




S R Wilkinson - Director



W J Wilkinson - Director


NFSG LTD (REGISTERED NUMBER: 09280233)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

NFSG LTD 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 October 2022
and 30 September 2023 1,469
AMORTISATION
At 1 October 2022
and 30 September 2023 1,469
NET BOOK VALUE
At 30 September 2023 -
At 30 September 2022 -

NFSG LTD (REGISTERED NUMBER: 09280233)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022
and 30 September 2023 1,566
DEPRECIATION
At 1 October 2022
and 30 September 2023 1,566
NET BOOK VALUE
At 30 September 2023 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 3,553 4,018
Other debtors - 619
3,553 4,637

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 2,288 2,288
Trade creditors 36,359 18,665
Taxation and social security 547 578
Other creditors 63,082 46,186
102,276 67,717

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 25,508 28,597
Other creditors 5,000 5,000
30,508 33,597

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 5,000 5,000