Company Registration No. 09095131 (England and Wales)
NCR CONSULTANCY LIMITED
Unaudited accounts
for the year ended 30 June 2023
NCR CONSULTANCY LIMITED
Unaudited accounts
Contents
NCR CONSULTANCY LIMITED
Company Information
for the year ended 30 June 2023
Director
Mrs Naomi Rothwell-Smith
Company Number
09095131 (England and Wales)
Registered Office
26 LANDSMOOR DRIVE
LONGTON
PRESTON
PR4 5PE
ENGLAND
Accountants
Xoba Limited
26 Landsmoor Drive
Longton
Preston
Lancashire
PR4 5PE
NCR CONSULTANCY LIMITED
Statement of financial position
as at 30 June 2023
Tangible assets
20,546
13,143
Cash at bank and in hand
3,999
716
Creditors: amounts falling due within one year
(72,305)
(68,089)
Net current (liabilities)/assets
(23,517)
2,802
Total assets less current liabilities
(2,971)
15,945
Creditors: amounts falling due after more than one year
(8,301)
(12,298)
Provisions for liabilities
Net (liabilities)/assets
(11,272)
1,851
Called up share capital
100
100
Profit and loss account
(11,372)
1,751
Shareholders' funds
(11,272)
1,851
For the year ending 30 June 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 her 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 March 2024 and were signed on its behalf by
Mrs Naomi Rothwell-Smith
Director
Company Registration No. 09095131
NCR CONSULTANCY LIMITED
Notes to the Accounts
for the year ended 30 June 2023
NCR CONSULTANCY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09095131. The registered office is 26 LANDSMOOR DRIVE, LONGTON, PRESTON, PR4 5PE, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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:
Plant & machinery
25% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
33.3% on cost
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
NCR CONSULTANCY LIMITED
Notes to the Accounts
for the year ended 30 June 2023
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
18,819
6,315
-
25,134
Additions
5,104
7,052
163
12,319
Disposals
(65)
(2,201)
(163)
(2,429)
At 30 June 2023
23,858
11,166
-
35,024
At 1 July 2022
10,132
1,859
-
11,991
Charge for the year
2,172
1,139
-
3,311
On disposals
-
(824)
-
(824)
At 30 June 2023
12,304
2,174
-
14,478
At 30 June 2023
11,554
8,992
-
20,546
At 30 June 2022
8,687
4,456
-
13,143
Amounts falling due within one year
Accrued income and prepayments
-
219
Other debtors
40,289
64,751
NCR CONSULTANCY LIMITED
Notes to the Accounts
for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
11,206
3,899
Amounts owed to group undertakings and other participating interests
14,863
21,560
Taxes and social security
-
674
Other creditors
8,000
11,745
Loans from directors
37,288
29,667
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).