1 January 2023 false No description of principal activity Taxfiler 2023.12 12564760business:PrivateLimitedCompanyLtd2023-01-012023-12-31 125647602022-12-31 125647602023-01-012023-12-31 12564760business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 12564760business:FilletedAccounts2023-01-012023-12-31 125647602023-12-31 12564760business:Director12023-01-012023-12-31 12564760business:RegisteredOffice2023-01-012023-12-31 125647602022-12-31 12564760core:WithinOneYear2023-12-31 12564760core:WithinOneYear2022-12-31 12564760core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 12564760core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 12564760core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 12564760core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 12564760core:PreviouslyStatedAmount2023-12-31 12564760core:PreviouslyStatedAmount2022-12-31 12564760business:SmallEntities2023-01-012023-12-31 12564760countries:EnglandWales2023-01-012023-12-31 12564760core:IntangibleAssetsOtherThanGoodwill2022-12-31 12564760core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-31 12564760core:IntangibleAssetsOtherThanGoodwill2023-12-31 12564760core:PlantMachinery2022-12-31 12564760core:ComputerEquipment2022-12-31 12564760core:PlantMachinery2023-01-012023-12-31 12564760core:ComputerEquipment2023-01-012023-12-31 12564760core:PlantMachinery2023-12-31 12564760core:ComputerEquipment2023-12-31 125647602022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 12564760 (England and Wales)
Neural Connections Limited Unaudited accounts for the year ended 31 December 2023
Neural Connections Limited Unaudited accounts Contents
Page
- 2 -
Neural Connections Limited Company Information for the year ended 31 December 2023
Director
Joshua Morris
Company Number
12564760 (England and Wales)
Registered Office
C/O PRYDIS SENATE COURT SOUTHERNHAY GARDENS EXETER EX1 1NT ENGLAND
Accountants
Prudens Jevro Ltd Southgate House 59 Magdalen Street Exeter Devon EX2 4HY
- 3 -
Neural Connections Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
453 
- 
Tangible assets
248 
91 
701 
91 
Current assets
Debtors
207 
214 
Cash at bank and in hand
8 
(114)
215 
100 
Creditors: amounts falling due within one year
(23,333)
(19,207)
Net current liabilities
(23,118)
(19,107)
Net liabilities
(22,417)
(19,016)
Capital and reserves
Called up share capital
59,000 
50,000 
Profit and loss account
(81,417)
(69,016)
Shareholders' funds
(22,417)
(19,016)
For the year ending 31 December 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 12 February 2024 and were signed on its behalf by
Joshua Morris Director Company Registration No. 12564760
- 4 -
Neural Connections Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Neural Connections Limited is a private company, limited by shares, registered in England and Wales, registration number 12564760. The registered office is C/O PRYDIS SENATE COURT, SOUTHERNHAY GARDENS, EXETER, EX1 1NT, ENGLAND.
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2023
- 
Additions
453 
At 31 December 2023
453 
Amortisation
At 1 January 2023
- 
At 31 December 2023
- 
Net book value
At 31 December 2023
453 
- 5 -
Neural Connections Limited Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
66 
25 
91 
Additions
- 
157 
157 
At 31 December 2023
66 
182 
248 
Depreciation
At 31 December 2023
- 
- 
- 
Net book value
At 31 December 2023
66 
182 
248 
At 31 December 2022
66 
25 
91 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
207 
214 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
5,000 
Taxes and social security
21,462 
12,336 
Other creditors
(89)
(89)
Loans from directors
1,960 
1,960 
23,333 
19,207 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -