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REGISTERED NUMBER: 04497107 (England and Wales)







Unaudited Financial Statements

for the Year Ended 30 September 2024

for

N.C.Q. Consulting Limited

N.C.Q. Consulting Limited (Registered number: 04497107)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


N.C.Q. Consulting Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mr L R Haynes
Ms C Hogg





REGISTERED OFFICE: The Tower
The Maltings
Hoe Lane
Ware
Hertfordshire
SG12 9LR





REGISTERED NUMBER: 04497107 (England and Wales)





ACCOUNTANTS: DSCO
The Tower
The Maltings
Hoe Lane
Ware
Hertfordshire
SG12 9LR

N.C.Q. Consulting Limited (Registered number: 04497107)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 270,000 270,000

CURRENT ASSETS
Debtors 5 3,003 100,985
Cash at bank 549,148 397,801
552,151 498,786
CREDITORS
Amounts falling due within one year 6 18,542 18,448
NET CURRENT ASSETS 533,609 480,338
TOTAL ASSETS LESS CURRENT
LIABILITIES

803,609

750,338

PROVISIONS FOR LIABILITIES 18,394 18,394
NET ASSETS 785,215 731,944

CAPITAL AND RESERVES
Called up share capital 2 2
Non-distributable reserves 7 78,416 78,416
Retained earnings 706,797 653,526
SHAREHOLDERS' FUNDS 785,215 731,944

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

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.

N.C.Q. Consulting Limited (Registered number: 04497107)

Balance Sheet - continued
30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 November 2024 and were signed on its behalf by:





Ms C Hogg - Director


N.C.Q. Consulting Limited (Registered number: 04497107)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

N.C.Q. Consulting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention as modified by the revaluation of certain assets.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

N.C.Q. Consulting Limited (Registered number: 04497107)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 270,000
NET BOOK VALUE
At 30 September 2024 270,000
At 30 September 2023 270,000

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2017 56,810
Valuation in 2022 40,000
Cost 173,190
270,000

The directors have considered the general market conditions of commercial property, including researching sold properties in the surrounding area. The directors believe that the value included for the Investment Property is a reasonable estimate of it's Fair Value as at the balance sheet date.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors 3,003 100,985

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors - 2,334
Taxation and social security 16,629 14,964
Other creditors 1,913 1,150
18,542 18,448

7. RESERVES
Non-distribut
reserves
£   
At 1 October 2023
and 30 September 2024 78,416