Company registration number: 02570056
Unaudited financial statements
for the year ended 31 March 2024
for
N.T. Project Management Limited
Pages for filing with the Registrar
Company registration number: 02570056
N.T. Project Management Limited
Balance sheet
as at 31 March 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 284,900 292,600
Investments 5 - 25,200
284,900 317,800
Current assets
Debtors 6,111 860,111
Cash at bank and in hand 274 428
6,385 860,539
Creditors: amounts falling due within
one year
(1,107) (28,570)
Net current assets 5,278 831,969
Total assets less current liabilities 290,178 1,149,769
NET ASSETS 290,178 1,149,769
Capital and reserves
Called up share capital 7,562 7,562
Share premium account 3,200 3,200
Revaluation reserve 135,876 135,876
Other reserves 16,438 16,438
Profit and loss account 127,102 986,693
TOTAL EQUITY 290,178 1,149,769
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 02570056
N.T. Project Management Limited
Balance sheet - continued
as at 31 March 2024
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 10 October 2024 and signed on its behalf by:
Mr G Brookfield, Director
10 October 2024
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N.T. Project Management Limited
Notes to the financial statements
for the year ended 31 March 2024
1 Company information
The company is registered in England and Wales. Its registered number is 02570056. The company is limited by shares. Its registered office is Unit 17 Paragon Way, Bayton Road Industrial Estate, Coventry, CV7 9QS.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - 2% straight line
Investments in subsidiaries
Investments in subsidiaries are recognised at cost.
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3
N.T. Project Management Limited
Notes to the financial statements - continued
for the year ended 31 March 2024
3 Average number of employees
During the year the average number of employees was Nil (2023 - Nil).
4 Tangible fixed assets
Land and
buildings
£
Cost
At 1 April 2023 385,000
At 31 March 2024 385,000
Depreciation
At 1 April 2023 92,400
Charge for year 7,700
At 31 March 2024 100,100
Net book value
At 31 March 2024 284,900
At 31 March 2023 292,600
5 Fixed asset investments
Investments other than loans
Shares in
group
undertakings
and
participating
interests
£
Cost
At 1 April 2023 25,200
At 31 March 2024 25,200
Provision
Provision for year 25,200
At 31 March 2024 25,200
4
N.T. Project Management Limited
Notes to the financial statements - continued
for the year ended 31 March 2024
5 Fixed asset investments - continued
Investments other than loans - continued
Net book value
At 31 March 2024 -
At 31 March 2023 25,200
5