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REGISTERED NUMBER: 13875459 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

NMK CONSULTANCY SERVICES LTD

NMK CONSULTANCY SERVICES LTD (REGISTERED NUMBER: 13875459)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NMK CONSULTANCY SERVICES LTD

Company Information
for the year ended 31 March 2024







DIRECTOR: N M King





REGISTERED OFFICE: Preston Park House
South Road
Brighton
East Sussex
BN1 6SB





REGISTERED NUMBER: 13875459 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

NMK CONSULTANCY SERVICES LTD (REGISTERED NUMBER: 13875459)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 5,758 1,724

CURRENT ASSETS
Debtors 5 13,200 4,321
Cash at bank 69,818 43,321
83,018 47,642
CREDITORS
Amounts falling due within one year 6 (32,750 ) (26,459 )
NET CURRENT ASSETS 50,268 21,183
TOTAL ASSETS LESS CURRENT
LIABILITIES

56,026

22,907

PROVISIONS FOR LIABILITIES 8 (1,440 ) (431 )
NET ASSETS 54,586 22,476

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 54,585 22,475
SHAREHOLDERS' FUNDS 54,586 22,476

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 5 September 2024 and were signed by:



N M King - Director


NMK CONSULTANCY SERVICES LTD (REGISTERED NUMBER: 13875459)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

NMK Consultancy Services Ltd 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
Revenue is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. Revenue from the sale of services is recognised at the point of sale.

Tangible fixed assets
Tangible fixed assets are stated at cost, or deemed cost, less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures & fittings-25% reducing balance
Computer equipment-straight line over 3 years

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

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.

NMK CONSULTANCY SERVICES LTD (REGISTERED NUMBER: 13875459)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Going concern
The director has a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Impairment policy
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 - 2,200 2,200
Additions 4,919 1,286 6,205
At 31 March 2024 4,919 3,486 8,405
DEPRECIATION
At 1 April 2023 - 476 476
Charge for year 1,230 941 2,171
At 31 March 2024 1,230 1,417 2,647
NET BOOK VALUE
At 31 March 2024 3,689 2,069 5,758
At 31 March 2023 - 1,724 1,724

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 13,200 4,321

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 30,658 23,392
Other creditors 2,092 3,067
32,750 26,459

NMK CONSULTANCY SERVICES LTD (REGISTERED NUMBER: 13875459)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

7. FINANCIAL INSTRUMENTS

.

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 1,440 431

Deferred
tax
£   
Balance at 1 April 2023 431
Accelerated capital allowances 1,009
Balance at 31 March 2024 1,440

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary 1 1 1

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 March 2024 and the period ended 31 March 2023:

2024 2023
£    £   
N M King
Balance outstanding at start of year - -
Amounts advanced 12,618 -
Amounts repaid (4,618 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,000 -

The loan is interest free and repayable on demand.