Company Registration No. 12710321 (England and Wales)
ND PAR LTD
Unaudited accounts
for the year ended 31 July 2023
ND PAR LTD
Unaudited accounts
Contents
ND PAR LTD
Company Information
for the year ended 31 July 2023
Company Number
12710321 (England and Wales)
Registered Office
34 FORE STREET
ST. BLAZEY
PAR
PL24 2NJ
ENGLAND
Accountants
Utopians Accountants
49 Highview
Pinner
Middlesex
HA5 3PE
ND PAR LTD
Statement of financial position
as at 31 July 2023
Tangible assets
14,906
16,562
Cash at bank and in hand
4,757
6,003
Creditors: amounts falling due within one year
(5,378)
(5,740)
Net current assets
4,160
3,219
Total assets less current liabilities
19,066
19,781
Creditors: amounts falling due after more than one year
(34,985)
(30,108)
Net liabilities
(15,919)
(10,327)
Called up share capital
100
100
Profit and loss account
(16,019)
(10,427)
Shareholders' funds
(15,919)
(10,327)
For the year ending 31 July 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 8 January 2024 and were signed on its behalf by
Qingnuo Mei
Director
Company Registration No. 12710321
ND PAR LTD
Notes to the Accounts
for the year ended 31 July 2023
ND PAR LTD is a private company, limited by shares, registered in England and Wales, registration number 12710321. The registered office is 34 FORE STREET, ST. BLAZEY, PAR, PL24 2NJ, 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
10% Reducing Balance
Fixtures & fittings
10% Reducing Balance
Computer equipment
10% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2022
16,015
3,133
1,053
20,201
At 31 July 2023
16,015
3,133
1,053
20,201
At 1 August 2022
2,934
505
200
3,639
Charge for the year
1,308
263
85
1,656
At 31 July 2023
4,242
768
285
5,295
At 31 July 2023
11,773
2,365
768
14,906
At 31 July 2022
13,081
2,628
853
16,562
ND PAR LTD
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Accrued income and prepayments
127
118
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
2,985
1,678
Taxes and social security
-
267
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
34,985
30,108
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).