1 April 2023 false No description of principal activity Taxfiler 2024.6 08459076business:PrivateLimitedCompanyLtd2023-04-012024-03-31 084590762023-03-31 084590762023-04-012024-03-31 08459076business:AuditExemptWithAccountantsReport2023-04-012024-03-31 08459076business:FilletedAccounts2023-04-012024-03-31 084590762024-03-31 08459076business:Director12023-04-012024-03-31 08459076business:RegisteredOffice2023-04-012024-03-31 084590762023-03-31 08459076core:WithinOneYear2024-03-31 08459076core:WithinOneYear2023-03-31 08459076core:AfterOneYear2024-03-31 08459076core:AfterOneYear2023-03-31 08459076core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 08459076core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 08459076core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 08459076core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 08459076core:PreviouslyStatedAmount2024-03-31 08459076core:PreviouslyStatedAmount2023-03-31 08459076business:SmallEntities2023-04-012024-03-31 08459076countries:EnglandWales2023-04-012024-03-31 08459076core:PlantMachinery2023-04-012024-03-31 08459076core:PlantMachinery2023-03-31 08459076core:PlantMachinery2024-03-31 08459076business:OrdinaryShareClass12023-04-012024-03-31 08459076business:OrdinaryShareClass12022-04-012023-03-31 084590762022-04-012023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 08459076 (England and Wales)
NETWORKS ASSURED LTD Unaudited accounts for the year ended 31 March 2024
NETWORKS ASSURED LTD Unaudited accounts Contents
Page
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NETWORKS ASSURED LTD Company Information for the year ended 31 March 2024
Director
Stephen Alan Jackson
Company Number
08459076 (England and Wales)
Registered Office
30A JULIANS ACRES BERROW BURNHAM-ON-SEA SOMERSET TA8 2LX ENGLAND
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NETWORKS ASSURED LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
850 
1,359 
Current assets
Debtors
(320)
9,370 
Cash at bank and in hand
40,875 
68,248 
40,555 
77,618 
Creditors: amounts falling due within one year
(20,575)
(15,743)
Net current assets
19,980 
61,875 
Total assets less current liabilities
20,830 
63,234 
Creditors: amounts falling due after more than one year
(1,269)
(5,690)
Net assets
19,561 
57,544 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
19,560 
57,543 
Shareholders' funds
19,561 
57,544 
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 director acknowledges his 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 and authorised for issue on 22 October 2024 and were signed on its behalf by
Stephen Alan Jackson Director Company Registration No. 08459076
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NETWORKS ASSURED LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
NETWORKS ASSURED LTD is a private company, limited by shares, registered in England and Wales, registration number 08459076. The registered office is 30A JULIANS ACRES, BERROW, BURNHAM-ON-SEA, SOMERSET, TA8 2LX, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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%
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
5,926 
Additions
456 
At 31 March 2024
6,382 
Depreciation
At 1 April 2023
4,567 
Charge for the year
965 
At 31 March 2024
5,532 
Net book value
At 31 March 2024
850 
At 31 March 2023
1,359 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
(320)
9,370 
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NETWORKS ASSURED LTD Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(79)
1,541 
Other creditors
27 
(732)
Loans from directors
20,127 
14,434 
Accruals
500 
500 
20,575 
15,743 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
1,269 
5,690 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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