Company Registration No. 9089066 (England and Wales)
NSIC LTD
Unaudited accounts
for the year ended 30 June 2024
NSIC LTD
Unaudited accounts
Contents
NSIC LTD
Company Information
for the year ended 30 June 2024
Company Number
9089066 (England and Wales)
Registered Office
9 DIANA WAY
CAISTER-ON-SEA
GREAT YARMOUTH
NR30 5TP
Accountants
P Lacey & Associates Ltd
Office 17
2 Regent House
Lowestoft
NR32 1PA
NSIC LTD
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
45,169
57,400
Creditors: amounts falling due within one year
(8,493)
(8,475)
Net current assets
36,676
48,925
Called up share capital
1
1
Profit and loss account
38,820
49,637
Shareholders' funds
38,821
49,638
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 September 2024 and were signed on its behalf by
Adam Nekrews
Director
Company Registration No. 9089066
NSIC LTD
Notes to the Accounts
for the year ended 30 June 2024
NSIC LTD is a private company, limited by shares, registered in England and Wales, registration number 9089066. The registered office is 9 DIANA WAY, CAISTER-ON-SEA, GREAT YARMOUTH, NR30 5TP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Computer equipment
15% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2023
1,117
1,475
2,592
At 30 June 2024
1,117
3,286
4,403
At 1 July 2023
813
1,066
1,879
Charge for the year
46
333
379
At 30 June 2024
859
1,399
2,258
At 30 June 2024
258
1,887
2,145
At 30 June 2023
304
409
713
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
7,858
8,475
NSIC LTD
Notes to the Accounts
for the year ended 30 June 2024
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).