2023-07-01 2023-12-31 false Capium Accounts Production 1.1 13330088 bus:FullAccounts 2023-07-01 2023-12-31 13330088 bus:FRS102 2023-07-01 2023-12-31 13330088 bus:AuditExemptWithAccountantsReport 2023-07-01 2023-12-31 13330088 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2023-12-31 13330088 bus:PrivateLimitedCompanyLtd 2023-07-01 2023-12-31 13330088 2023-07-01 2023-12-31 13330088 2023-12-31 13330088 bus:RegisteredOffice 2023-07-01 2023-12-31 13330088 core:WithinOneYear 2023-12-31 13330088 core:AfterOneYear 2023-12-31 13330088 bus:Director1 2023-07-01 2023-12-31 13330088 bus:Director1 2023-12-31 13330088 bus:Director1 2022-10-01 2023-06-30 13330088 bus:Director2 2023-07-01 2023-12-31 13330088 bus:Director2 2023-12-31 13330088 bus:Director2 2022-10-01 2023-06-30 13330088 bus:Director3 2023-07-01 2023-12-31 13330088 bus:Director3 2023-12-31 13330088 bus:Director3 2022-10-01 2023-06-30 13330088 bus:Director4 2023-07-01 2023-12-31 13330088 bus:Director4 2023-12-31 13330088 bus:Director4 2022-10-01 2023-06-30 13330088 2022-10-01 13330088 bus:LeadAgentIfApplicable 2023-07-01 2023-12-31 13330088 2022-10-01 2023-06-30 13330088 2023-06-30 13330088 core:WithinOneYear 2023-06-30 13330088 core:AfterOneYear 2023-06-30 13330088 bus:EntityAccountantsOrAuditors 2022-10-01 2023-06-30 13330088 core:PlantMachinery 2023-07-01 2023-12-31 13330088 core:PlantMachinery 2023-12-31 13330088 core:PlantMachinery 2023-06-30 13330088 core:FurnitureFittings 2023-07-01 2023-12-31 13330088 core:FurnitureFittings 2023-12-31 13330088 core:FurnitureFittings 2023-06-30 13330088 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-12-31 13330088 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-06-30 13330088 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 13330088 core:CostValuation core:Non-currentFinancialInstruments 2023-06-30 13330088 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-12-31 13330088 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-12-31 13330088 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-12-31 13330088 core:Non-currentFinancialInstruments 2023-12-31 13330088 core:Non-currentFinancialInstruments 2023-06-30 13330088 core:ShareCapital 2023-12-31 13330088 core:ShareCapital 2023-06-30 13330088 core:SharePremium 2023-12-31 13330088 core:SharePremium 2023-06-30 13330088 core:RetainedEarningsAccumulatedLosses 2023-12-31 13330088 core:RetainedEarningsAccumulatedLosses 2023-06-30 13330088 dpl:Item1 2023-07-01 13330088 dpl:Item1 2023-12-31 13330088 dpl:Item1 2022-10-01 13330088 dpl:Item1 2023-06-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 13330088
England and Wales

 

 

 

NW RISK SOLUTIONS LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 July 2023

End date: 31 December 2023
 
 
Notes
 
2023
£
  2023
£
Fixed assets      
Tangible fixed assets 3 8,071    10,874 
8,071    10,874 
Current assets      
Debtors 4 160,260    75,570 
Cash at bank and in hand 2,638    20,517 
162,898    96,087 
Creditors: amount falling due within one year 5 (166,942)   (41,241)
Net current assets (4,044)   54,846 
 
Total assets less current liabilities 4,027    65,720 
Net assets 4,027    65,720 
 

Capital and reserves
     
Called up share capital 400    400 
Share premium account 6 699,880    699,880 
Profit and loss account (696,253)   (634,560)
Shareholders' funds 4,027    65,720 
 


For the period ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 23 September 2024 and were signed on its behalf by:


-------------------------------
A Tailor
Director
1
General Information
NW Risk Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 13330088, registration address 1st Floor, 20 Chapel Street, Liverpool, Merseyside, L3 9AG.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover is the net commission and other ancillary income received for the placing of insurance business. Income is recognised at the date of the inception of the risk.
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:

Plant and Machinery 33% Straight Line
Fixtures and Fittings 33% Straight Line
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2.

Average number of employees

Average number of employees during the period was 5 (2023 : 5).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Fixtures and Fittings   Total
  £   £   £
At 01 July 2023 14,761    5,047    19,808 
Additions 597      597 
Disposals    
At 31 December 2023 15,358    5,047    20,405 
Depreciation
At 01 July 2023 6,971    1,963    8,934 
Charge for period 2,559    841    3,400 
On disposals    
At 31 December 2023 9,530    2,804    12,334 
Net book values
Closing balance as at 31 December 2023 5,828    2,243    8,071 
Opening balance as at 01 July 2023 7,790    3,084    10,874 


4.

Debtors: amounts falling due within one year

2023
£
  2023
£
Trade Debtors 152,759    20,087 
Prepayments & Accrued Income 7,501    7,435 
Other Debtors   48,048 
160,260    75,570 

5.

Creditors: amount falling due within one year

2023
£
  2023
£
PAYE & Social Security 13,422    12,946 
Accrued Expenses 80,418    15,193 
Other Creditors 60,000   
Directors' Current Accounts 13,102    13,102 
166,942    41,241 

6.

Share premium account

2023
£
  2023
£
Equity Share Premium b/fwd 699,880    699,880 
699,880    699,880 

2