REGISTERED NUMBER: |
NETWORKOLOGY LTD |
FINANCIAL STATEMENTS |
FOR THE PERIOD 1 OCTOBER 2022 TO 31 MARCH 2024 |
REGISTERED NUMBER: |
NETWORKOLOGY LTD |
FINANCIAL STATEMENTS |
FOR THE PERIOD 1 OCTOBER 2022 TO 31 MARCH 2024 |
NETWORKOLOGY LTD (REGISTERED NUMBER: 08680414) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 OCTOBER 2022 TO 31 MARCH 2024 |
Page |
Company information | 1 |
Balance sheet | 2 |
Notes to the financial statements | 3 |
NETWORKOLOGY LTD |
COMPANY INFORMATION |
FOR THE PERIOD 1 OCTOBER 2022 TO 31 MARCH 2024 |
Directors: |
Registered office: |
Registered number: |
Accountants: |
Chartered Accountants |
2 Tower House |
Hoddesdon |
Hertfordshire |
EN11 8UR |
NETWORKOLOGY LTD (REGISTERED NUMBER: 08680414) |
BALANCE SHEET |
31 MARCH 2024 |
2024 | 2022 |
Notes | £ | £ | £ | £ |
Fixed assets |
Tangible assets | 4 |
Current assets |
Debtors | 5 |
Cash at bank |
Creditors |
Amounts falling due within one year | 6 |
Net current assets |
Total assets less current liabilities |
Creditors |
Amounts falling due after more than one year | 7 |
Net assets |
Capital and reserves |
Called up share capital |
Capital redemption reserve | 8 |
Retained earnings | 8 |
Shareholders' funds |
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. |
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 |
NETWORKOLOGY LTD (REGISTERED NUMBER: 08680414) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 OCTOBER 2022 TO 31 MARCH 2024 |
1. | Statutory information |
Networkology Ltd is a |
2. | Accounting policies |
Basis of preparing the financial statements |
Turnover |
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of VAT. In respect of contracts for on-going services, turnover represents the value of work performed in the year. |
Tangible fixed assets |
Plant and machinery etc | - |
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 period was |
4. | Tangible fixed assets |
Plant and |
machinery |
etc |
£ |
Cost |
At 1 October 2022 |
Additions |
At 31 March 2024 |
Depreciation |
At 1 October 2022 |
Charge for period |
At 31 March 2024 |
Net book value |
At 31 March 2024 |
At 30 September 2022 |
NETWORKOLOGY LTD (REGISTERED NUMBER: 08680414) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 OCTOBER 2022 TO 31 MARCH 2024 |
5. | Debtors: amounts falling due within one year |
2024 | 2022 |
£ | £ |
Trade debtors |
Other debtors |
6. | Creditors: amounts falling due within one year |
2024 | 2022 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
7. | Creditors: amounts falling due after more than one year |
2024 | 2022 |
£ | £ |
Bank loans |
8. | Reserves |
On 15 August 2023, the Company passed a resolution to repurchase 1,000 of the Company's £1 ordinary shares from it's shareholders. The shares were repurchased out of available distributable reserves for £184,440. |