2023-03-012024-02-292024-02-29false05042420Network Solutions Consulting Limited2024-11-08iso4217:GBPxbrli:pure050424202023-03-01050424202024-02-29050424202023-03-012024-02-29050424202022-03-01050424202023-02-28050424202022-03-012023-02-2805042420bus:SmallEntities2023-03-012024-02-2905042420bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2905042420bus:AbridgedAccounts2023-03-012024-02-2905042420bus:PrivateLimitedCompanyLtd2023-03-012024-02-2905042420core:WithinOneYear2024-02-2905042420core:AfterOneYear2024-02-2905042420core:WithinOneYear2023-02-2805042420core:AfterOneYear2023-02-2805042420core:ShareCapital2024-02-2905042420core:SharePremium2024-02-2905042420core:RevaluationReserve2024-02-2905042420core:OtherReservesSubtotal2024-02-2905042420core:RetainedEarningsAccumulatedLosses2024-02-2905042420core:ShareCapital2023-02-2805042420core:SharePremium2023-02-2805042420core:RevaluationReserve2023-02-2805042420core:OtherReservesSubtotal2023-02-2805042420core:RetainedEarningsAccumulatedLosses2023-02-2805042420core:LandBuildings2024-02-2905042420core:PlantMachinery2024-02-2905042420core:Vehicles2024-02-2905042420core:FurnitureFittings2024-02-2905042420core:OfficeEquipment2024-02-2905042420core:NetGoodwill2024-02-2905042420core:IntangibleAssetsOtherThanGoodwill2024-02-2905042420core:ListedExchangeTraded2024-02-2905042420core:UnlistedNon-exchangeTraded2024-02-2905042420core:LandBuildings2023-02-2805042420core:PlantMachinery2023-02-2805042420core:Vehicles2023-02-2805042420core:FurnitureFittings2023-02-2805042420core:OfficeEquipment2023-02-2805042420core:NetGoodwill2023-02-2805042420core:IntangibleAssetsOtherThanGoodwill2023-02-2805042420core:ListedExchangeTraded2023-02-2805042420core:UnlistedNon-exchangeTraded2023-02-2805042420core:LandBuildings2023-03-012024-02-2905042420core:PlantMachinery2023-03-012024-02-2905042420core:Vehicles2023-03-012024-02-2905042420core:FurnitureFittings2023-03-012024-02-2905042420core:OfficeEquipment2023-03-012024-02-2905042420core:NetGoodwill2023-03-012024-02-2905042420core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2905042420core:ListedExchangeTraded2023-03-012024-02-2905042420core:UnlistedNon-exchangeTraded2023-03-012024-02-2905042420core:MoreThanFiveYears2023-03-012024-02-2905042420core:Non-currentFinancialInstruments2024-02-2905042420core:Non-currentFinancialInstruments2023-02-2805042420dpl:CostSales2023-03-012024-02-2905042420dpl:DistributionCosts2023-03-012024-02-2905042420core:LandBuildings2023-03-012024-02-2905042420core:PlantMachinery2023-03-012024-02-2905042420core:Vehicles2023-03-012024-02-2905042420core:FurnitureFittings2023-03-012024-02-2905042420core:OfficeEquipment2023-03-012024-02-2905042420dpl:AdministrativeExpenses2023-03-012024-02-2905042420core:NetGoodwill2023-03-012024-02-2905042420core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2905042420dpl:GroupUndertakings2023-03-012024-02-2905042420dpl:ParticipatingInterests2023-03-012024-02-2905042420dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2905042420core:ListedExchangeTraded2023-03-012024-02-2905042420dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2905042420core:UnlistedNon-exchangeTraded2023-03-012024-02-2905042420dpl:CostSales2022-03-012023-02-2805042420dpl:DistributionCosts2022-03-012023-02-2805042420core:LandBuildings2022-03-012023-02-2805042420core:PlantMachinery2022-03-012023-02-2805042420core:Vehicles2022-03-012023-02-2805042420core:FurnitureFittings2022-03-012023-02-2805042420core:OfficeEquipment2022-03-012023-02-2805042420dpl:AdministrativeExpenses2022-03-012023-02-2805042420core:NetGoodwill2022-03-012023-02-2805042420core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2805042420dpl:GroupUndertakings2022-03-012023-02-2805042420dpl:ParticipatingInterests2022-03-012023-02-2805042420dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2805042420core:ListedExchangeTraded2022-03-012023-02-2805042420dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2805042420core:UnlistedNon-exchangeTraded2022-03-012023-02-2805042420core:NetGoodwill2024-02-2905042420core:IntangibleAssetsOtherThanGoodwill2024-02-2905042420core:LandBuildings2024-02-2905042420core:PlantMachinery2024-02-2905042420core:Vehicles2024-02-2905042420core:FurnitureFittings2024-02-2905042420core:OfficeEquipment2024-02-2905042420core:AfterOneYear2024-02-2905042420core:WithinOneYear2024-02-2905042420core:ListedExchangeTraded2024-02-2905042420core:UnlistedNon-exchangeTraded2024-02-2905042420core:ShareCapital2024-02-2905042420core:SharePremium2024-02-2905042420core:RevaluationReserve2024-02-2905042420core:OtherReservesSubtotal2024-02-2905042420core:RetainedEarningsAccumulatedLosses2024-02-2905042420core:NetGoodwill2023-02-2805042420core:IntangibleAssetsOtherThanGoodwill2023-02-2805042420core:LandBuildings2023-02-2805042420core:PlantMachinery2023-02-2805042420core:Vehicles2023-02-2805042420core:FurnitureFittings2023-02-2805042420core:OfficeEquipment2023-02-2805042420core:AfterOneYear2023-02-2805042420core:WithinOneYear2023-02-2805042420core:Listed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Network Solutions Consulting Limited

Registered Number
05042420
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

Network Solutions Consulting Limited
Company Information
for the year from 1 March 2023 to 29 February 2024

Director

Alexander James Hamilton-Bird

Registered Address

2 Dukes Court
Bognor Road
Chichester
PO19 8FX

Registered Number

05042420 (England and Wales)
Network Solutions Consulting Limited
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets4516730
516730
Current assets
Debtors8,8062,332
Cash at bank and on hand13,91680,727
22,72283,059
Creditors amounts falling due within one year(11,743)(26,561)
Net current assets (liabilities)10,97956,498
Total assets less current liabilities11,49557,228
Net assets11,49557,228
Capital and reserves
Called up share capital100100
Profit and loss account11,39557,128
Shareholders' funds11,49557,228
The financial statements were approved and authorised for issue by the Director on 8 November 2024, and are signed on its behalf by:
Alexander James Hamilton-Bird
Director
Registered Company No. 05042420
Network Solutions Consulting Limited
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less accumulated amortisation and impairment.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment4
Stocks and work in progress
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year11
3.Intangible assets

Total

£
Cost or valuation
At 01 March 2329,750
At 29 February 2429,750
Amortisation and impairment
At 01 March 2329,750
At 29 February 2429,750
Net book value
At 29 February 24-
At 28 February 23-
4.Tangible fixed assets

Total

£
Cost or valuation
At 01 March 231,396
At 29 February 241,396
Depreciation and impairment
At 01 March 23666
Charge for year214
At 29 February 24880
Net book value
At 29 February 24516
At 28 February 23730
5.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
Alexander James Hamilton-Bird90824,39117,1738,126
90824,39117,1738,126
Interest has been charged on the loan using HMRC's Official Rate of Interest.