1 April 2022 false No description of principal activity Taxfiler 2023.10.2 11575433business:PrivateLimitedCompanyLtd2022-04-012023-03-31 115754332022-03-31 115754332022-04-012023-03-31 11575433business:AuditExemptWithAccountantsReport2022-04-012023-03-31 11575433business:FilletedAccounts2022-04-012023-03-31 115754332023-03-31 115754332022-03-31 11575433core:WithinOneYear2023-03-31 11575433core:WithinOneYear2022-03-31 11575433core:AfterOneYear2023-03-31 11575433core:AfterOneYear2022-03-31 11575433core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 11575433core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 11575433core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 11575433core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 11575433core:PreviouslyStatedAmount2023-03-31 11575433core:PreviouslyStatedAmount2022-03-31 11575433business:SmallEntities2022-04-012023-03-31 11575433business:Director12022-04-012023-03-31 11575433countries:EnglandWales2022-04-012023-03-31 11575433business:RegisteredOffice2022-04-012023-03-31 11575433core:MotorVehicles2022-04-012023-03-31 11575433core:ComputerEquipment2022-04-012023-03-31 11575433core:MotorVehicles2022-03-31 11575433core:ComputerEquipment2022-03-31 11575433core:MotorVehicles2023-03-31 11575433core:ComputerEquipment2023-03-31 115754332021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 11575433 (England and Wales)
Norwich Psychology Services Limited Unaudited accounts for the year ended 31 March 2023
Norwich Psychology Services Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,492 
417 
Current assets
Debtors
25,885 
10,543 
Cash at bank and in hand
45,846 
69,922 
71,731 
80,465 
Creditors: amounts falling due within one year
(26,426)
(24,620)
Net current assets
45,305 
55,845 
Total assets less current liabilities
57,797 
56,262 
Creditors: amounts falling due after more than one year
(7,161)
- 
Net assets
50,636 
56,262 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
50,536 
56,162 
Shareholders' funds
50,636 
56,262 
For the year ending 31 March 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 24 November 2023 and were signed on its behalf by
Dr Mark Hardiman Director Company Registration No. 11575433
- 2 -
Norwich Psychology Services Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Norwich Psychology Services Limited is a private company, limited by shares, registered in England and Wales, registration number 11575433. The registered office is 10a Castle Meadow, Norwich, NR1 3DE, United Kingdom.
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.
Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost or valuation less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
Over the period of the lease straight line
Computer equipment
3 years straight line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Foreign currency translation and operating policy
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
- 3 -
Norwich Psychology Services Limited Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
417 
- 
417 
Additions
15,122 
464 
15,586 
Revaluations
(417)
- 
(417)
At 31 March 2023
15,122 
464 
15,586 
Depreciation
Charge for the year
3,030 
64 
3,094 
At 31 March 2023
3,030 
64 
3,094 
Net book value
At 31 March 2023
12,092 
400 
12,492 
At 31 March 2022
417 
- 
417 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
13,275 
10,543 
Accrued income and prepayments
110 
- 
13,385 
10,543 
Amounts falling due after more than one year
Other debtors
12,500 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
4,250 
6,213 
Obligations under finance leases and hire purchase contracts
5,320 
- 
Taxes and social security
16,106 
18,407 
Accruals
750 
- 
26,426 
24,620 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
7,161 
- 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 4 -