NRG Project Support Limited 14618032 false 2023-01-26 2024-01-31 2024-01-31 The principal activity of the company is the provision of materials planning & procurement services Digita Accounts Production Advanced 6.30.9574.0 true true 14618032 2023-01-26 2024-01-31 14618032 2024-01-31 14618032 bus:Director1 1 2024-01-31 14618032 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 14618032 core:FurnitureFittingsToolsEquipment 2024-01-31 14618032 bus:SmallEntities 2023-01-26 2024-01-31 14618032 bus:AuditExemptWithAccountantsReport 2023-01-26 2024-01-31 14618032 bus:FilletedAccounts 2023-01-26 2024-01-31 14618032 bus:SmallCompaniesRegimeForAccounts 2023-01-26 2024-01-31 14618032 bus:RegisteredOffice 2023-01-26 2024-01-31 14618032 bus:Director1 2023-01-26 2024-01-31 14618032 bus:Director1 1 2023-01-26 2024-01-31 14618032 bus:PrivateLimitedCompanyLtd 2023-01-26 2024-01-31 14618032 core:FurnitureFittingsToolsEquipment 2023-01-26 2024-01-31 14618032 countries:England 2023-01-26 2024-01-31 14618032 bus:Director1 1 2023-01-25 iso4217:GBP xbrli:pure

Registration number: 14618032

NRG Project Support Limited

Unaudited Filleted Financial Statements

for the Period from 26 January 2023 to 31 January 2024

 

NRG Project Support Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

NRG Project Support Limited

Company Information

Director

D J Sarkar

Registered office

Stockton Business Centre
Unit 123
70-74 Brunswick Street
Stockton on Tees
TS18 1DW

Accountants

Barkess & Co
Stockton Business Centre
70-74 Brunswick Street
Stockton on Tees
TS18 1DW

 

NRG Project Support Limited

(Registration number: 14618032)
Balance Sheet as at 31 January 2024

Note

2024
£

Fixed assets

 

Tangible assets

4

238

Current assets

 

Cash at bank and in hand

 

94,338

Creditors: Amounts falling due within one year

6

(28,506)

Net current assets

 

65,832

Total assets less current liabilities

 

66,070

Provisions for liabilities

(60)

Net assets

 

66,010

Capital and reserves

 

Called up share capital

7

1

Retained earnings

66,009

Shareholders' funds

 

66,010

For the financial period ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 16 October 2024
 

.........................................
D J Sarkar
Director

 

NRG Project Support Limited

Notes to the Unaudited Financial Statements for the Period from 26 January 2023 to 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Stockton Business Centre
Unit 123
70-74 Brunswick Street
Stockton on Tees
TS18 1DW
England

These financial statements were authorised for issue by the director on 16 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

NRG Project Support Limited

Notes to the Unaudited Financial Statements for the Period from 26 January 2023 to 31 January 2024

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

NRG Project Support Limited

Notes to the Unaudited Financial Statements for the Period from 26 January 2023 to 31 January 2024

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

 

NRG Project Support Limited

Notes to the Unaudited Financial Statements for the Period from 26 January 2023 to 31 January 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

Additions

317

317

At 31 January 2024

317

317

Depreciation

Charge for the period

79

79

At 31 January 2024

79

79

Carrying amount

At 31 January 2024

238

238

5

Debtors

Current

2024
£

 

-

6

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Taxation and social security

24,442

Accruals and deferred income

326

Other creditors

3,738

28,506

7

Share capital

Allotted, called up and fully paid shares

 

NRG Project Support Limited

Notes to the Unaudited Financial Statements for the Period from 26 January 2023 to 31 January 2024

2024

No.

£

Ordinary shares of £1 each

1

1

   

8

Dividends

2024

£

Interim dividend of £2,622.00 per ordinary share

2,662

 

9

Related party transactions

Transactions with the director

2024

At 26 January 2023
£

Advances to director
£

Repayments by director
£

At 31 January 2024
£

D J Sarkar

Director's current account

-

36,626

(40,364)

(3,738)

Director's remuneration

The director's remuneration for the period was as follows:

2024
£

Remuneration

21,831

Dividends paid to the director

2024
£

D J Sarkar

2,662