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Registered Number: 11631098
England and Wales

 

 

 

NRS TECHNOLOGIES LTD


Abridged Accounts
 


Period of accounts

Start date: 01 April 2023

End date: 31 March 2024
  2024   2023
    £ £   £ £
Fixed assets   2,026      869 
Current assets 26,063      64,857   
Creditors: amount falling due within one year (14,113)     (19,320)  
Net current assets   11,950      45,537 
Total assets less current liabilities   13,976      46,406 
Creditors: amount falling due after more than one year   (11,220)     (16,195)
Net assets   2,756      30,211 
 

         
Capital and reserves   2,756      30,211 
 
NOTES TO THE ACCOUNTS

General Information
NRS TECHNOLOGIES LTD is a private company, limited by shares, registered in England and Wales, registration number 11631098, registration address 3 Overlord Close, Uxbridge, UB10 0TU.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 18 Reducing Balance
2.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 01 April 2023 1,045    1,045 
Additions 1,348    1,348 
Disposals  
At 31 March 2024 2,393    2,393 
Depreciation
At 01 April 2023 176    176 
Charge for year 191    191 
On disposals  
At 31 March 2024 367    367 
Net book values
Closing balance as at 31 March 2024 2,026    2,026 
Opening balance as at 01 April 2023 869    869 


3.

Average number of employees

Average number of employees during the year was 2 (2023 : 1).


For the year ended 31 March 2024 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.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the director on 09 August 2024 and were signed by:


--------------------------------
Mr.Srihari Goud Nakkala
Director
1