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REGISTERED NUMBER: 09416106 (England and Wales)















NATIONAL BUSINESS REGISTER GROUP LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2023






NATIONAL BUSINESS REGISTER GROUP LIMITED (REGISTERED NUMBER: 09416106)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NATIONAL BUSINESS REGISTER GROUP LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mrs M J Cusack
Mr B Edwards





REGISTERED OFFICE: Ground Floor
3 Sovereign Court
Graham Street
Birmingham
West Midlands
B1 3JR





REGISTERED NUMBER: 09416106 (England and Wales)





ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX

NATIONAL BUSINESS REGISTER GROUP LIMITED (REGISTERED NUMBER: 09416106)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 16,665 -
Tangible assets 5 1,125 2,100
17,790 2,100

CURRENT ASSETS
Debtors 6 313,845 262,748
Cash at bank 3,159 3,275
317,004 266,023
CREDITORS
Amounts falling due within one year 7 94,622 79,188
NET CURRENT ASSETS 222,382 186,835
TOTAL ASSETS LESS CURRENT
LIABILITIES

240,172

188,935

CREDITORS
Amounts falling due after more than one
year

8

122,908

144,778
NET ASSETS 117,264 44,157

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 117,263 44,156
SHAREHOLDERS' FUNDS 117,264 44,157

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

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

NATIONAL BUSINESS REGISTER GROUP LIMITED (REGISTERED NUMBER: 09416106)

Balance Sheet - continued
31 December 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 30 August 2024 and were signed on its behalf by:





Mrs M J Cusack - Director


NATIONAL BUSINESS REGISTER GROUP LIMITED (REGISTERED NUMBER: 09416106)

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

1. STATUTORY INFORMATION

National Business Register 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

NATIONAL BUSINESS REGISTER GROUP LIMITED (REGISTERED NUMBER: 09416106)

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 19,606
At 31 December 2023 19,606
AMORTISATION
Charge for year 2,941
At 31 December 2023 2,941
NET BOOK VALUE
At 31 December 2023 16,665

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2023
and 31 December 2023 3,900
DEPRECIATION
At 1 January 2023 1,800
Charge for year 975
At 31 December 2023 2,775
NET BOOK VALUE
At 31 December 2023 1,125
At 31 December 2022 2,100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 456 4,242
Amounts owed by group undertakings 302,037 253,546
Other debtors 5,907 -
Prepayments 5,445 4,960
313,845 262,748

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 32,519 30,056
Trade creditors 21,666 26,500
Social security and other taxes 36,937 20,132
Accruals and deferred income 3,500 2,500
94,622 79,188

NATIONAL BUSINESS REGISTER GROUP LIMITED (REGISTERED NUMBER: 09416106)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 35,295 32,519
Bank loans - 2-5 years 87,613 112,259
122,908 144,778

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 155,427 174,834

The bank loan is secured by a guarantee from the UK government under the bounce back loan scheme.

10. CONTINGENT LIABILITIES

The company is party to a cross guarantee with the parent company and other subsidiaries for the group's bank borrowings.