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REGISTERED NUMBER: 00919905 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

NRSWA LIMITED

NRSWA LIMITED (Registered number: 00919905)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


NRSWA LIMITED

Company Information
for the Year Ended 31 October 2023







DIRECTOR: Dr C Duncan





REGISTERED OFFICE: The Rosery
Odiham Road
Riseley
Reading
Berkshire
RG7 1SD





REGISTERED NUMBER: 00919905 (England and Wales)





ACCOUNTANTS: EDMONDS ACCOUNTANCY LIMITED
Unit 11, Diddenham Bus Park,
Diddenham Court
Grazeley,
READING
Berkshire
RG7 1JQ

NRSWA LIMITED (Registered number: 00919905)

Statement of Financial Position
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,384 3,982
Investments 5 459 459
3,843 4,441

CURRENT ASSETS
Debtors 6 45,530 96,348
Cash at bank 260,708 281,241
306,238 377,589
CREDITORS
Amounts falling due within one year 7 18,452 30,573
NET CURRENT ASSETS 287,786 347,016
TOTAL ASSETS LESS CURRENT
LIABILITIES

291,629

351,457

PROVISIONS FOR LIABILITIES 643 756
NET ASSETS 290,986 350,701

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 290,983 350,698
SHAREHOLDERS' FUNDS 290,986 350,701

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

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

The director acknowledges her 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.

NRSWA LIMITED (Registered number: 00919905)

Statement of Financial Position - continued
31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 July 2024 and were signed by:





Dr C Duncan - Director


NRSWA LIMITED (Registered number: 00919905)

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

1. STATUTORY INFORMATION

NRSWA 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.

Revenue is recognised for the provision of services as the contractual activity progresses

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 - 15% on reducing balance



Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

NRSWA LIMITED (Registered number: 00919905)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
Fittings Equipment Totals
£    £    £   
COST
At 1 November 2022
and 31 October 2023 15,166 4,718 19,884
DEPRECIATION
At 1 November 2022 14,266 1,636 15,902
Charge for year 135 463 598
At 31 October 2023 14,401 2,099 16,500
NET BOOK VALUE
At 31 October 2023 765 2,619 3,384
At 31 October 2022 900 3,082 3,982

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 November 2022
and 31 October 2023 459
NET BOOK VALUE
At 31 October 2023 459
At 31 October 2022 459

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 36,828 83,161
Other debtors 8,702 13,187
45,530 96,348

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 573 2,479
Taxation and social security 10,530 28,094
Other creditors 7,349 -
18,452 30,573

NRSWA LIMITED (Registered number: 00919905)

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

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022:

31.10.23 31.10.22
£    £   
Dr C Duncan
Balance outstanding at start of year 9,806 8,979
Amounts advanced 3,006 12,573
Amounts repaid (20,161 ) (11,746 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (7,349 ) 9,806