Company Registration No. 10744784 (England and Wales)
Now Accounting Services Limited
Unaudited accounts
for the year ended 31 March 2024
Now Accounting Services Limited
Unaudited accounts
Contents
Now Accounting Services Limited
Company Information
for the year ended 31 March 2024
Directors
Teresa Rogers
Laura Macarthy
Company Number
10744784 (England and Wales)
Registered Office
Rosehill House, Bosinver Lane
Polgooth
St. Austell
Cornwall
PL26 7BA
Accountants
For and on Behalf of Tee Accounts Limited
Rosehill House
Polgooth
Polgooth
PL26 7BA
Now Accounting Services Limited
Statement of financial position
as at 31 March 2024
Tangible assets
3,988
4,344
Cash at bank and in hand
14,070
11,565
Creditors: amounts falling due within one year
(28,230)
(23,916)
Net current assets
6,609
4,868
Called up share capital
30
30
Profit and loss account
10,567
9,182
Shareholders' funds
10,597
9,212
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 30 September 2024 and were signed on its behalf by
Laura Macarthy
Director
Company Registration No. 10744784
Now Accounting Services Limited
Notes to the Accounts
for the year ended 31 March 2024
Now Accounting Services Limited is a private company, limited by shares, registered in England and Wales, registration number 10744784. The registered office is Rosehill House, Bosinver Lane, Polgooth, St. Austell, Cornwall, PL26 7BA.
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.
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
33.33% straight line, per annum
Computer equipment
33.33% straight line, per annum
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Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
1,205
7,744
8,949
At 31 March 2024
1,205
8,735
9,940
At 1 April 2023
797
3,808
4,605
Charge for the year
144
1,203
1,347
At 31 March 2024
941
5,011
5,952
At 31 March 2024
264
3,724
3,988
At 31 March 2023
408
3,936
4,344
Now Accounting Services Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
20,632
17,206
Amounts falling due after more than one year
Accrued income and prepayments
39
-
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
10,978
5,636
Taxes and social security
10,900
7,135
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Average number of employees
During the year the average number of employees was 4 (2023: 4).