Company Registration No. 8534026 (England and Wales)
Nsys Tech Ltd
Unaudited accounts
for the year ended 31 May 2023
Nsys Tech Ltd
Unaudited accounts
Contents
Nsys Tech Ltd
Company Information
for the year ended 31 May 2023
Director
Mr Sebastian Campanella
Company Number
8534026 (England and Wales)
Registered Office
23 Marigold Crescent
Harwell
Didcot
OX11 6GB
Accountants
Edmil Accountants UK Ltd
146 Broadway
Didcot
Oxfordshire
OX11 8SH
Nsys Tech Ltd
Statement of financial position
as at 31 May 2023
Creditors: amounts falling due within one year
(1,960)
(1,227)
Net current (liabilities)/assets
(339)
1,142
Net (liabilities)/assets
(339)
1,142
Called up share capital
100
100
Profit and loss account
(439)
1,042
Shareholders' funds
(339)
1,142
For the year ending 31 May 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 8 January 2024 and were signed on its behalf by
Mr Sebastian Campanella
Director
Company Registration No. 8534026
Nsys Tech Ltd
Notes to the Accounts
for the year ended 31 May 2023
Nsys Tech Ltd is a private company, limited by shares, registered in England and Wales, registration number 8534026. The registered office is 23 Marigold Crescent, Harwell, Didcot, OX11 6GB.
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.
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:
Computer equipment
20% Straight Line
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
1,960
1,227
Nsys Tech Ltd
Notes to the Accounts
for the year ended 31 May 2023
7
Transactions with related parties
At year end, the director Mr Sebastian Campanella owed the sum of £1,960. (FY:2022-£2,369) to the company.
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).