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REGISTERED NUMBER: 11471465 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2023

FOR

NOMADIC TECH GROUP LIMITED

NOMADIC TECH GROUP LIMITED (REGISTERED NUMBER: 11471465)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NOMADIC TECH GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JULY 2023







DIRECTOR: Ms D Kaur





REGISTERED OFFICE: Sutherland House
1759 London Road
Leigh on Sea
Essex
SS9 2RZ





REGISTERED NUMBER: 11471465 (England and Wales)





ACCOUNTANTS: Platt Rushton LLP
Chartered Accountants
Sutherland House
1759 London Road
Leigh on Sea
Essex
SS9 2RZ

NOMADIC TECH GROUP LIMITED (REGISTERED NUMBER: 11471465)

BALANCE SHEET
31ST JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,433 2,149

CURRENT ASSETS
Stocks 24,027 17,153
Debtors 5 241,435 174,066
Cash at bank 20,781 20,178
286,243 211,397
CREDITORS
Amounts falling due within one year 6 195,125 86,954
NET CURRENT ASSETS 91,118 124,443
TOTAL ASSETS LESS CURRENT
LIABILITIES

92,551

126,592

CAPITAL AND RESERVES
Called up share capital 118 118
Share premium 99,982 99,982
Retained earnings (7,549 ) 26,492
92,551 126,592

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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.

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 director and authorised for issue on 31st July 2024 and were signed by:





Ms D Kaur - Director


NOMADIC TECH GROUP LIMITED (REGISTERED NUMBER: 11471465)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2023

1. STATUTORY INFORMATION

Nomadic Tech Group 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.
Plant and machinery etc - Straight line over 3 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st August 2022
and 31st July 2023 10,224
DEPRECIATION
At 1st August 2022 8,075
Charge for year 716
At 31st July 2023 8,791
NET BOOK VALUE
At 31st July 2023 1,433
At 31st July 2022 2,149

NOMADIC TECH GROUP LIMITED (REGISTERED NUMBER: 11471465)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 38,550 -
Other debtors 202,885 174,066
241,435 174,066

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 82,824 6,504
Taxation and social security 77,288 51,700
Other creditors 35,013 28,750
195,125 86,954

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31st July 2023 and the period ended 31st July 2022:

2023 2022
£    £   
Ms D Kaur
Balance outstanding at start of year 102,454 59,926
Amounts advanced 104,957 42,528
Amounts repaid (54,983 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 152,428 102,454

The Directors Loan balance noted above attracts interest and is repayable on demand.

In addition, a loan has been advanced to the company by another Director, which is interest free and repayable on demand. The balance due to the Director at the year end is £15,000 (2022 - £15,000).