Nemo Utilities Consulting Ltd 12782480 false 2022-08-01 2023-07-31 2023-07-31 The principal activity of the company is Other service activities not elsewhere classified Digita Accounts Production Advanced 6.30.9574.0 true true 12782480 2022-08-01 2023-07-31 12782480 2023-07-31 12782480 core:CurrentFinancialInstruments 2023-07-31 12782480 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 12782480 bus:SmallEntities 2022-08-01 2023-07-31 12782480 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 12782480 bus:AbridgedAccounts 2022-08-01 2023-07-31 12782480 bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 12782480 bus:RegisteredOffice 2022-08-01 2023-07-31 12782480 bus:Director1 2022-08-01 2023-07-31 12782480 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 12782480 countries:EnglandWales 2022-08-01 2023-07-31 12782480 2021-08-01 2022-07-31 12782480 2022-07-31 12782480 core:CurrentFinancialInstruments 2022-07-31 12782480 core:CurrentFinancialInstruments core:WithinOneYear 2022-07-31 iso4217:GBP xbrli:pure

Registration number: 12782480

Nemo Utilities Consulting Ltd

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 31 July 2023

 

Nemo Utilities Consulting Ltd

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 6

 

Nemo Utilities Consulting Ltd

Company Information

Director

N Moore

Registered office

10 Cheyne Walk
Northamptonshire
England
NN1 5PT

Accountants

10. Chartered Accountants
10 Cheyne Walk
Northampton
Northamptonshire
NN1 5PT

 

Nemo Utilities Consulting Ltd

(Registration number: 12782480)
Abridged Balance Sheet as at 31 July 2023

Note

2023
£

2022
£

Current assets

 

Debtors

100

100

Cash at bank and in hand

 

77,757

54,369

 

77,857

54,469

Prepayments and accrued income

 

11,000

22,000

Creditors: Amounts falling due within one year

(6,947)

(927)

Total assets less current liabilities

 

81,910

75,542

Accruals and deferred income

 

(880)

(850)

Net assets

 

81,030

74,692

Capital and reserves

 

Called up share capital

100

100

Retained earnings

80,930

74,592

Shareholders' funds

 

81,030

74,692

For the financial year ending 31 July 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 accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option to not file the profit and loss account has been taken.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 24 April 2024
 

 

Nemo Utilities Consulting Ltd

(Registration number: 12782480)
Abridged Balance Sheet as at 31 July 2023

.........................................
N Moore
Director

 

Nemo Utilities Consulting Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 July 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
10 Cheyne Walk
Northamptonshire
England
NN1 5PT
England

The principal place of business is:
37 Knightons Way
Brixworth
Northampton
NN6 9UE

These financial statements were authorised for issue by the director on 24 April 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

 

Nemo Utilities Consulting Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 July 2023

Judgements

In applying the Company's accounting policies, the directors are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The directors' best judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made, and are based on historical experience and other factors that are considered to be appropriate.

Due to the inherent subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may differ.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods, if the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Nemo Utilities Consulting Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 July 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

4

Profit before tax

Arrived at after charging/(crediting)

2023
£

2022
£

Income from shares in group undertakings

(7,486)

(22,220)