2022-03-012023-02-282023-02-28false05042420Network Solutions Consulting Limited2023-12-20iso4217:GBPxbrli:pure050424202022-03-01050424202023-02-28050424202022-03-012023-02-28050424202021-03-01050424202022-02-28050424202021-03-012022-02-2805042420bus:SmallEntities2022-03-012023-02-2805042420bus:AuditExempt-NoAccountantsReport2022-03-012023-02-2805042420bus:AbridgedAccounts2022-03-012023-02-2805042420bus:PrivateLimitedCompanyLtd2022-03-012023-02-2805042420core:WithinOneYear2023-02-2805042420core:AfterOneYear2023-02-2805042420core:WithinOneYear2022-02-2805042420core:AfterOneYear2022-02-2805042420core:ShareCapital2023-02-2805042420core:SharePremium2023-02-2805042420core:RevaluationReserve2023-02-2805042420core:OtherReservesSubtotal2023-02-2805042420core:RetainedEarningsAccumulatedLosses2023-02-2805042420core:ShareCapital2022-02-2805042420core:SharePremium2022-02-2805042420core:RevaluationReserve2022-02-2805042420core:OtherReservesSubtotal2022-02-2805042420core:RetainedEarningsAccumulatedLosses2022-02-2805042420core:LandBuildings2023-02-2805042420core:PlantMachinery2023-02-2805042420core:Vehicles2023-02-2805042420core:FurnitureFittings2023-02-2805042420core:OfficeEquipment2023-02-2805042420core:NetGoodwill2023-02-2805042420core:IntangibleAssetsOtherThanGoodwill2023-02-2805042420core:ListedExchangeTraded2023-02-2805042420core:UnlistedNon-exchangeTraded2023-02-2805042420core:LandBuildings2022-02-2805042420core:PlantMachinery2022-02-2805042420core:Vehicles2022-02-2805042420core:FurnitureFittings2022-02-2805042420core:OfficeEquipment2022-02-2805042420core:NetGoodwill2022-02-2805042420core:IntangibleAssetsOtherThanGoodwill2022-02-2805042420core:ListedExchangeTraded2022-02-2805042420core:UnlistedNon-exchangeTraded2022-02-2805042420core:LandBuildings2022-03-012023-02-2805042420core:PlantMachinery2022-03-012023-02-2805042420core:Vehicles2022-03-012023-02-2805042420core:FurnitureFittings2022-03-012023-02-2805042420core:OfficeEquipment2022-03-012023-02-2805042420core:NetGoodwill2022-03-012023-02-2805042420core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2805042420core:ListedExchangeTraded2022-03-012023-02-2805042420core:UnlistedNon-exchangeTraded2022-03-012023-02-2805042420core:MoreThanFiveYears2022-03-012023-02-2805042420core:Non-currentFinancialInstruments2023-02-2805042420core:Non-currentFinancialInstruments2022-02-2805042420dpl:CostSales2022-03-012023-02-2805042420dpl:DistributionCosts2022-03-012023-02-2805042420core:LandBuildings2022-03-012023-02-2805042420core:PlantMachinery2022-03-012023-02-2805042420core:Vehicles2022-03-012023-02-2805042420core:FurnitureFittings2022-03-012023-02-2805042420core:OfficeEquipment2022-03-012023-02-2805042420dpl:AdministrativeExpenses2022-03-012023-02-2805042420core:NetGoodwill2022-03-012023-02-2805042420core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2805042420dpl:GroupUndertakings2022-03-012023-02-2805042420dpl:ParticipatingInterests2022-03-012023-02-2805042420dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2805042420core:ListedExchangeTraded2022-03-012023-02-2805042420dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2805042420core:UnlistedNon-exchangeTraded2022-03-012023-02-2805042420dpl:CostSales2021-03-012022-02-2805042420dpl:DistributionCosts2021-03-012022-02-2805042420core:LandBuildings2021-03-012022-02-2805042420core:PlantMachinery2021-03-012022-02-2805042420core:Vehicles2021-03-012022-02-2805042420core:FurnitureFittings2021-03-012022-02-2805042420core:OfficeEquipment2021-03-012022-02-2805042420dpl:AdministrativeExpenses2021-03-012022-02-2805042420core:NetGoodwill2021-03-012022-02-2805042420core:IntangibleAssetsOtherThanGoodwill2021-03-012022-02-2805042420dpl:GroupUndertakings2021-03-012022-02-2805042420dpl:ParticipatingInterests2021-03-012022-02-2805042420dpl:GroupUndertakingscore:ListedExchangeTraded2021-03-012022-02-2805042420core:ListedExchangeTraded2021-03-012022-02-2805042420dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-03-012022-02-2805042420core:UnlistedNon-exchangeTraded2021-03-012022-02-2805042420core:NetGoodwill2023-02-2805042420core:IntangibleAssetsOtherThanGoodwill2023-02-2805042420core:LandBuildings2023-02-2805042420core:PlantMachinery2023-02-2805042420core:Vehicles2023-02-2805042420core:FurnitureFittings2023-02-2805042420core:OfficeEquipment2023-02-2805042420core:AfterOneYear2023-02-2805042420core:WithinOneYear2023-02-2805042420core:ListedExchangeTraded2023-02-2805042420core:UnlistedNon-exchangeTraded2023-02-2805042420core:ShareCapital2023-02-2805042420core:SharePremium2023-02-2805042420core:RevaluationReserve2023-02-2805042420core:OtherReservesSubtotal2023-02-2805042420core:RetainedEarningsAccumulatedLosses2023-02-2805042420core:NetGoodwill2022-02-2805042420core:IntangibleAssetsOtherThanGoodwill2022-02-2805042420core:LandBuildings2022-02-2805042420core:PlantMachinery2022-02-2805042420core:Vehicles2022-02-2805042420core:FurnitureFittings2022-02-2805042420core:OfficeEquipment2022-02-2805042420core:AfterOneYear2022-02-2805042420core:WithinOneYear2022-02-2805042420core:Listed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Network Solutions Consulting Limited

Registered Number
05042420
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2023

Network Solutions Consulting Limited
Company Information
for the year from 1 March 2022 to 28 February 2023

Director

Alexander James Hamilton-Bird

Registered Address

2 Dukes Court
Bognor Road
Chichester
PO19 8FX

Registered Number

05042420 (England and Wales)
Network Solutions Consulting Limited
Balance Sheet as at
28 February 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets7730-
730-
Current assets
Stocks-2,161
Debtors2,33519,307
Cash at bank and on hand80,7271,336
83,06222,804
Creditors amounts falling due within one year(26,561)(16,340)
Net current assets (liabilities)56,5016,464
Total assets less current liabilities57,2316,464
Net assets57,2316,464
Capital and reserves
Called up share capital100100
Profit and loss account57,1316,364
Shareholders' funds57,2316,464
The financial statements were approved and authorised for issue by the Director on 20 December 2023, and are signed on its behalf by:
Alexander James Hamilton-Bird
Director
Registered Company No. 05042420
Network Solutions Consulting Limited
Notes to the Financial Statements
for the year ended 28 February 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Principal activities
The principal activity of the company in the period under review was that of the sale of telecommunications equipment.
3.Basis of measurement used in financial statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
4.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment4
Intangible assets policy
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less accumulated amortisation and impairment.
Stocks policy
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
5.Employee information

20232022
Average number of employees during the year11
6.Intangible assets

Total

£
Cost or valuation
At 01 March 2229,750
At 28 February 2329,750
Amortisation and impairment
At 01 March 2229,750
At 28 February 2329,750
Net book value
At 28 February 23-
At 28 February 22-
7.Property, plant and equipment

Total

£
Cost or valuation
At 01 March 22542
Additions854
At 28 February 231,396
Depreciation and impairment
At 01 March 22542
Charge for year124
At 28 February 23666
Net book value
At 28 February 23730
At 28 February 22-
8.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
Alexander James Hamilton-Bird18,13712,85330,082908
18,13712,85330,082908
Interest has been charged on the loan using HMRC's Official Rate of Interest.