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REGISTERED NUMBER: 08087632 (England and Wales)















Financial Statements for the Year Ended 31 May 2023

for

NASD Consulting Limited

NASD Consulting Limited (Registered number: 08087632)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


NASD Consulting Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: N David
Mrs S J David





REGISTERED OFFICE: 31 Walker Avenue
Wolverton Mill East
Milton Keynes
MK12 5TW





REGISTERED NUMBER: 08087632 (England and Wales)





ACCOUNTANTS: Carrington-May
Chartered Certified Accountants
31 Walker Avenue
Wolverton Mill East
Milton Keynes
Buckinghamshire
MK12 5TW

NASD Consulting Limited (Registered number: 08087632)

Abridged Statement of Financial Position
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,774 10,180

CURRENT ASSETS
Debtors 20,267 20,670
Cash at bank 70,109 109,446
90,376 130,116
CREDITORS
Amounts falling due within one year 4,527 7,311
NET CURRENT ASSETS 85,849 122,805
TOTAL ASSETS LESS CURRENT
LIABILITIES

95,623

132,985

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 95,523 132,885
SHAREHOLDERS' FUNDS 95,623 132,985

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

NASD Consulting Limited (Registered number: 08087632)

Abridged Statement of Financial Position - continued
31 May 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 May 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 July 2023 and were signed on its behalf by:





N David - Director


NASD Consulting Limited (Registered number: 08087632)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

NASD Consulting Limited 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.

The directors have considered the future cash flow of the company . On the basis that this is continuing at a similar level for the forthcoming year consider that the going concern basis of preparation to be appropriate.

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.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 4 ) .

NASD Consulting Limited (Registered number: 08087632)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2022 2,505 15,464 17,969
Additions 729 1,228 1,957
At 31 May 2023 3,234 16,692 19,926
DEPRECIATION
At 1 June 2022 1,439 6,350 7,789
Charge for year 205 2,158 2,363
At 31 May 2023 1,644 8,508 10,152
NET BOOK VALUE
At 31 May 2023 1,590 8,184 9,774
At 31 May 2022 1,066 9,114 10,180

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the sum of £2,016 is owed by the company to the directors, ( 2022 - £2,564). £2,564 was the maximum amount outstanding. Interest has not been paid or accrued on this sum.