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REGISTERED NUMBER: 01225970 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023

FOR

NORDIC CONSULTING & TRADING LIMITED
TRADING AS
KENSINGTON MARKETING SYSTEMS

NORDIC CONSULTING & TRADING LIMITED (REGISTERED NUMBER: 01225970)
TRADING AS KENSINGTON MARKETING SYSTEMS






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NORDIC CONSULTING & TRADING LIMITED
TRADING AS KENSINGTON MARKETING SYSTEMS

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2023







DIRECTORS: Mrs A M Wersall
Mr N J Dahlkvist
Mr S G Brown
Mr P Halsey
Mr D Parkin





SECRETARY: Mrs A M Wersall





REGISTERED OFFICE: WeWork KMS
1 St Katharine's Way
LONDON
E1W 1UN





REGISTERED NUMBER: 01225970 (England and Wales)





ACCOUNTANTS: Sanders Swinbank Limited
Chartered Accountants and Business Advisers
North Point
Faverdale North
Darlington
Co. Durham
DL3 0PH

NORDIC CONSULTING & TRADING LIMITED (REGISTERED NUMBER: 01225970)
TRADING AS KENSINGTON MARKETING SYSTEMS

BALANCE SHEET
30TH SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,328 9,221

CURRENT ASSETS
Debtors 5 121,792 122,145
Cash at bank 305,848 262,190
427,640 384,335
CREDITORS
Amounts falling due within one year 6 211,745 192,659
NET CURRENT ASSETS 215,895 191,676
TOTAL ASSETS LESS CURRENT LIABILITIES 226,223 200,897

PROVISIONS FOR LIABILITIES 1,864 1,650
NET ASSETS 224,359 199,247

CAPITAL AND RESERVES
Called up share capital 7 11,538 11,538
Share premium 1,350 1,350
Capital redemption reserve 1,080 1,080
Retained earnings 210,391 185,279
SHAREHOLDERS' FUNDS 224,359 199,247

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.

NORDIC CONSULTING & TRADING LIMITED (REGISTERED NUMBER: 01225970)
TRADING AS KENSINGTON MARKETING SYSTEMS

BALANCE SHEET - continued
30TH SEPTEMBER 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th April 2024 and were signed on its behalf by:





Mr N J Dahlkvist - Director


NORDIC CONSULTING & TRADING LIMITED (REGISTERED NUMBER: 01225970)
TRADING AS KENSINGTON MARKETING SYSTEMS

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2023

1. STATUTORY INFORMATION

Nordic Consulting & Trading 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.

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.
Improvements to property - Straight line over 25 years
Fixtures and fittings - 25% on cost

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 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account as incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 9 ) .

NORDIC CONSULTING & TRADING LIMITED (REGISTERED NUMBER: 01225970)
TRADING AS KENSINGTON MARKETING SYSTEMS

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2023

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and
property fittings Totals
£    £    £   
COST
At 1st October 2022 13,865 156,623 170,488
Additions - 3,455 3,455
At 30th September 2023 13,865 160,078 173,943
DEPRECIATION
At 1st October 2022 6,041 155,226 161,267
Charge for year 552 1,796 2,348
At 30th September 2023 6,593 157,022 163,615
NET BOOK VALUE
At 30th September 2023 7,272 3,056 10,328
At 30th September 2022 7,824 1,397 9,221

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 113,094 113,387
Other debtors 8,698 8,758
121,792 122,145

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 29,125 21,394
Taxation and social security 47,971 50,561
Other creditors 134,649 120,704
211,745 192,659

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
115,375 Ordinary £0.10 11,538 11,538

8. RELATED PARTY DISCLOSURES

At the balance sheet date an amount of £14,000 was owed to a director. This is a non-interest bearing loan.