0 31/12/2023 2023-12-31 false false false false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-01-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 07873655 2023-01-01 2023-12-31 07873655 2023-12-31 07873655 2022-01-01 2022-12-31 07873655 2022-12-31 07873655 2021-12-31 07873655 bus:Director1 2023-01-01 2023-12-31 07873655 core:AfterOneYear 2023-12-31 07873655 core:AfterOneYear 2022-12-31 07873655 core:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 07873655 core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 07873655 core:WithinOneYear 2023-12-31 07873655 core:WithinOneYear 2022-12-31 07873655 core:ShareCapital 2023-12-31 07873655 core:ShareCapital 2022-12-31 07873655 core:RetainedEarningsAccumulatedLosses 2023-12-31 07873655 core:RetainedEarningsAccumulatedLosses 2022-12-31 07873655 core:ShareCapital 2021-12-31 07873655 core:RetainedEarningsAccumulatedLosses 2021-12-31 07873655 bus:Director1 2022-12-31 07873655 bus:Director1 2023-12-31 07873655 bus:Director1 2021-12-31 07873655 bus:Director1 2022-12-31 07873655 bus:Director1 2022-01-01 2022-12-31 07873655 bus:SmallEntities 2023-01-01 2023-12-31 07873655 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07873655 bus:FullAccounts 2023-01-01 2023-12-31 07873655 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07873655 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Company registration number: 07873655
NCS Services Plymouth Ltd
Unaudited filleted financial statements
31 December 2023
NCS Services Plymouth Ltd
Contents
Statement of financial position
Statement of changes in equity
Notes to the financial statements
NCS Services Plymouth Ltd
Statement of financial position
31 December 2023
2023 2022
Note £ £ £ £
Current assets
Debtors 4 203,402 196,630
Cash at bank and in hand 10,875 6,570
_______ _______
214,277 203,200
Creditors: amounts falling due
within one year 5 ( 438) ( 428)
_______ _______
Net current assets 213,839 202,772
_______ _______
Total assets less current liabilities 213,839 202,772
Creditors: amounts falling due
after more than one year 6 ( 107,522) ( 107,522)
_______ _______
Net assets 106,317 95,250
_______ _______
Capital and reserves
Called up share capital 1 1
Profit and loss account 106,316 95,249
_______ _______
Shareholders funds 106,317 95,250
_______ _______
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 17 April 2024 , and are signed on behalf of the board by:
Mr N Swift
Director
Company registration number: 07873655
NCS Services Plymouth Ltd
Statement of changes in equity
Year ended 31 December 2023
Called up share capital Profit and loss account Total
£ £ £
At 1 January 2022 1 83,794 83,795
Profit for the year 11,455 11,455
_______ _______ _______
Total comprehensive income for the year - 11,455 11,455
_______ _______ _______
At 31 December 2022 and 1 January 2023 1 95,249 95,250
Profit for the year 11,067 11,067
_______ _______ _______
Total comprehensive income for the year - 11,067 11,067
_______ _______ _______
At 31 December 2023 1 106,316 106,317
_______ _______ _______
NCS Services Plymouth Ltd
Notes to the financial statements
Year ended 31 December 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 4 Mannamead Road, Mutley, Plymouth, PL4 7AA.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
Taxation
The company is a mutual company and as such is not liable to pay tax that arise under s1070 CTA 2010
4. Debtors
2023 2022
£ £
Other debtors 203,402 196,630
_______ _______
5. Creditors: amounts falling due within one year
2023 2022
£ £
Other creditors 438 428
_______ _______
6. Creditors: amounts falling due after more than one year
2023 2022
£ £
Bank loans and overdrafts 107,522 107,522
_______ _______
7. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2023
Balance brought forward Amounts repaid Balance o/standing
£ £ £
Mr N Swift 120,680 ( 3,724) 116,956
_______ _______ _______
2022
Balance brought forward Amounts repaid Balance o/standing
£ £ £
Mr N Swift 121,673 ( 993) 120,680
_______ _______ _______
8. Controlling party
The director, by virtue of their shareholding, controls the company.
9. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (31 December 2022: Nil).