IRIS Accounts Production v24.1.0.578 09459282 director 1.3.23 28.2.24 28.2.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh094592822023-02-28094592822024-02-28094592822023-03-012024-02-28094592822022-02-28094592822022-03-012023-02-28094592822023-02-2809459282ns15:EnglandWales2023-03-012024-02-2809459282ns14:PoundSterling2023-03-012024-02-2809459282ns10:Director12023-03-012024-02-2809459282ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2809459282ns10:SmallEntities2023-03-012024-02-2809459282ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2809459282ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2809459282ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2809459282ns10:FullAccounts2023-03-012024-02-2809459282ns10:RegisteredOffice2023-03-012024-02-2809459282ns5:CurrentFinancialInstruments2024-02-2809459282ns5:CurrentFinancialInstruments2023-02-2809459282ns5:ShareCapital2024-02-2809459282ns5:ShareCapital2023-02-2809459282ns5:RetainedEarningsAccumulatedLosses2024-02-2809459282ns5:RetainedEarningsAccumulatedLosses2023-02-2809459282ns5:PlantMachinery2023-03-012024-02-2809459282ns5:FurnitureFittings2023-03-012024-02-2809459282ns5:MotorVehicles2023-03-012024-02-2809459282ns5:PlantMachinery2023-02-2809459282ns5:FurnitureFittings2023-02-2809459282ns5:MotorVehicles2023-02-2809459282ns5:PlantMachinery2024-02-2809459282ns5:FurnitureFittings2024-02-2809459282ns5:MotorVehicles2024-02-2809459282ns5:PlantMachinery2023-02-2809459282ns5:FurnitureFittings2023-02-2809459282ns5:MotorVehicles2023-02-2809459282ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2809459282ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2809459282ns5:DeferredTaxation2023-02-2809459282ns5:DeferredTaxation2023-03-012024-02-2809459282ns5:DeferredTaxation2024-02-28
REGISTERED NUMBER: 09459282 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2024

for

NLPG LTD

NLPG LTD (REGISTERED NUMBER: 09459282)

Contents of the Financial Statements
FOR THE YEAR ENDED 28 FEBRUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NLPG LTD

Company Information
FOR THE YEAR ENDED 28 FEBRUARY 2024







DIRECTOR: Mr Nerijus Rusteika





REGISTERED OFFICE: 293 Green Lanes
Palmers Green
London
N13 4XS





REGISTERED NUMBER: 09459282 (England and Wales)





ACCOUNTANTS: ADPL LLP
293 Green Lanes
London
N13 4XS

NLPG LTD (REGISTERED NUMBER: 09459282)

Balance Sheet
28 FEBRUARY 2024

28.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,819 16,104

CURRENT ASSETS
Debtors 5 53,063 73,132
Cash at bank and in hand 378,790 266,917
431,853 340,049
CREDITORS
Amounts falling due within one year 6 48,496 26,717
NET CURRENT ASSETS 383,357 313,332
TOTAL ASSETS LESS CURRENT
LIABILITIES

396,176

329,436

PROVISIONS FOR LIABILITIES 7 2,436 3,060
NET ASSETS 393,740 326,376

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 393,640 326,276
SHAREHOLDERS' FUNDS 393,740 326,376

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2024 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.

NLPG LTD (REGISTERED NUMBER: 09459282)

Balance Sheet - continued
28 FEBRUARY 2024


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 Profit & Loss Account has not been delivered.

The financial statements were approved and authorised for issue by the director and authorised for issue on 24 April 2024 and were signed by:





Mr Nerijus Rusteika - Director


NLPG LTD (REGISTERED NUMBER: 09459282)

Notes to the Financial Statements
FOR THE YEAR ENDED 28 FEBRUARY 2024


1. STATUTORY INFORMATION

NLPG 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.

In carrying out this assessment, the directors have considered the impact of the Covid-19 pandemic on the trade and finances of the company and wider group and they have taken steps to protect liquidity.
The directors are therefore satisfied that there is no significant risk to the ability of the company to continue as a going concern for at least 12 months from the date of approval of these financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

NLPG LTD (REGISTERED NUMBER: 09459282)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 28 FEBRUARY 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 March 2023
and 28 February 2024 3,868 300 23,854 28,022
DEPRECIATION
At 1 March 2023 3,060 270 8,588 11,918
Charge for year 202 30 3,053 3,285
At 28 February 2024 3,262 300 11,641 15,203
NET BOOK VALUE
At 28 February 2024 606 - 12,213 12,819
At 28 February 2023 808 30 15,266 16,104

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Trade debtors 45,270 67,148
Other debtors 7,793 5,984
53,063 73,132

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Trade creditors 27,219 38,226
Taxation and social security 14,309 (21,014 )
Other creditors 6,968 9,505
48,496 26,717

7. PROVISIONS FOR LIABILITIES
28.2.24 28.2.23
£    £   
Deferred tax 2,436 3,060

Deferred
tax
£   
Balance at 1 March 2023 3,060
Credit to Profit & Loss Account during year (624 )
Balance at 28 February 2024 2,436