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REGISTERED NUMBER: 03229342 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

N G CONSULTANTS LTD

N G CONSULTANTS LTD (REGISTERED NUMBER: 03229342)

Contents of the Financial Statements
for the Year Ended 31 May 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


N G CONSULTANTS LTD

Company Information
for the Year Ended 31 May 2023







DIRECTOR: Mr N Ecclestone



SECRETARY: Mrs M D S Burton



REGISTERED OFFICE: c/o BTMR Limited
Century Buildings
14 St. Mary's Parsonage
Manchester
M3 2DF



REGISTERED NUMBER: 03229342 (England and Wales)



ACCOUNTANTS: BTMR Limited
Century Buildings
14 St Mary's Parsonage
Manchester
M3 2DF



BANKERS: Barclays Bank Plc
Leicester
LE87 2BB

N G CONSULTANTS LTD (REGISTERED NUMBER: 03229342)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,170 2,024

CURRENT ASSETS
Debtors 5 1,676 2,893
Cash at bank 21,600 22,932
23,276 25,825
CREDITORS
Amounts falling due within one year 6 11,405 11,620
NET CURRENT ASSETS 11,871 14,205
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,041

16,229

CREDITORS
Amounts falling due after more than one
year

7

3,878

5,668
NET ASSETS 10,163 10,561

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 10,160 10,558
SHAREHOLDERS' FUNDS 10,163 10,561

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 February 2024 and were signed by:





Mr N Ecclestone - Director


N G CONSULTANTS LTD (REGISTERED NUMBER: 03229342)

Notes to the Financial Statements
for the Year Ended 31 May 2023


1. STATUTORY INFORMATION

N G Consultants 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 accounted for as revenue when, and to the extent that, the company obtains a right to consideration in exchange for its performance of its obligations under the sales contract with the customer. The amount reported as revenue is the fair value of the right to consideration - usually the price specified in the contractual arrangement net of discounts and net of VAT, and after any allowance for credit risk and other uncertainties.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value
of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the
shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer Equipment - 33% Straight Line

Fixed assets are initially recorded at cost.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

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

N G CONSULTANTS LTD (REGISTERED NUMBER: 03229342)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2022 2,429 11,967 1,282 15,678
Additions - - 1,020 1,020
At 31 May 2023 2,429 11,967 2,302 16,698
DEPRECIATION
At 1 June 2022 2,396 10,369 889 13,654
Charge for year 8 400 466 874
At 31 May 2023 2,404 10,769 1,355 14,528
NET BOOK VALUE
At 31 May 2023 25 1,198 947 2,170
At 31 May 2022 33 1,598 393 2,024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 1,310 2,448
Other debtors 366 445
1,676 2,893

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts 1,790 1,790
Taxation and social security 7,416 7,743
Other creditors 2,199 2,087
11,405 11,620

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans 3,878 5,668

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr N Ecclestone.