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REGISTERED NUMBER: 10352639 (United Kingdom)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

NAYR CONSULTANTS LTD

NAYR CONSULTANTS LTD (REGISTERED NUMBER: 10352639)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


NAYR CONSULTANTS LTD (REGISTERED NUMBER: 10352639)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,297 2,872

CURRENT ASSETS
Debtors 5 - 92,520
Investments 6 83,888 53,670
Cash at bank 237,751 202,984
321,639 349,174
CREDITORS
Amounts falling due within one year 7 81,740 100,823
NET CURRENT ASSETS 239,899 248,351
TOTAL ASSETS LESS CURRENT LIABILITIES 242,196 251,223

PROVISIONS FOR LIABILITIES 504 690
NET ASSETS 241,692 250,533

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 241,592 250,433
SHAREHOLDERS' FUNDS 241,692 250,533

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

NAYR CONSULTANTS LTD (REGISTERED NUMBER: 10352639)

Balance Sheet - continued
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.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2024 and were signed on its behalf by:





Mr D Ryan - Director


NAYR CONSULTANTS LTD (REGISTERED NUMBER: 10352639)

Notes to the Financial Statements
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Nayr Consultants Ltd is a private company, limited by shares , registered in United Kingdom. The company's registered number and registered office address are as below:

Registered number: 10352639

Registered office: 9 Fields Park Avenue
Newport
NP20 5BG

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.

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.
Fixtures and fittings - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. 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 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.

NAYR CONSULTANTS LTD (REGISTERED NUMBER: 10352639)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


2. ACCOUNTING POLICIES - continued

Current asset investments
Current asset investments are carried at fair value, which is derived from the market value using external valuations. Any changes in the fair value are recognised through the profit and loss.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2023
and 31 March 2024 4,670
DEPRECIATION
At 1 April 2023 1,798
Charge for year 575
At 31 March 2024 2,373
NET BOOK VALUE
At 31 March 2024 2,297
At 31 March 2023 2,872

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 22,440
Prepayments and accrued income - 70,080
- 92,520

NAYR CONSULTANTS LTD (REGISTERED NUMBER: 10352639)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


6. CURRENT ASSET INVESTMENTS






Financial
assets at fair
value
through
profit and
loss





Total

Cost of Valuation
At 1 April 2023 53,670 53,670
Additions 24,940 24,940
Disposals - -
Fair value adjustments 5,278 5,278
At 31 March 2024 83,888 83,888

Carrying amount at 31 March 2024 83,888 83,888

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

20242023
£ £

Taxation and social security 27,38742,638
Accruals and deferred income963880
Other creditors53,39057,305
81,740100,823

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100