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REGISTERED NUMBER: 14734600 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 16 MARCH 2023 TO 31 MARCH 2024

FOR

NETVILLE MANAGEMENT & CONSULTANCY
LIMITED

NETVILLE MANAGEMENT & CONSULTANCY
LIMITED (REGISTERED NUMBER: 14734600)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 16 MARCH 2023 TO 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NETVILLE MANAGEMENT & CONSULTANCY
LIMITED

COMPANY INFORMATION
FOR THE PERIOD 16 MARCH 2023 TO 31 MARCH 2024







DIRECTOR: G Bailey





REGISTERED OFFICE: 6-7 Castle Gate
Castle Street
Hertford
Hertfordshire
SG14 1HD





REGISTERED NUMBER: 14734600 (England and Wales)





ACCOUNTANTS: TC Group
6-7 Castle Gate
Castle Street
Hertford
Hertfordshire
SG14 1HD

NETVILLE MANAGEMENT & CONSULTANCY
LIMITED (REGISTERED NUMBER: 14734600)

BALANCE SHEET
31 MARCH 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 781

CURRENT ASSETS
Debtors 5 10,080

CREDITORS
Amounts falling due within one year 6 10,780
NET CURRENT LIABILITIES (700 )
TOTAL ASSETS LESS CURRENT LIABILITIES 81

CAPITAL AND RESERVES
Called up share capital 2
Retained earnings 79
81

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 20 November 2024 and were signed by:





G Bailey - Director


NETVILLE MANAGEMENT & CONSULTANCY
LIMITED (REGISTERED NUMBER: 14734600)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 16 MARCH 2023 TO 31 MARCH 2024


1. STATUTORY INFORMATION

Netville Management & Consultancy 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.

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.
Computer equipment - 25% on cost

Taxation
Taxation for the period 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 period 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

NETVILLE MANAGEMENT & CONSULTANCY
LIMITED (REGISTERED NUMBER: 14734600)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 16 MARCH 2023 TO 31 MARCH 2024


2. ACCOUNTING POLICIES - continued

Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 1,042
At 31 March 2024 1,042
DEPRECIATION
Charge for period 261
At 31 March 2024 261
NET BOOK VALUE
At 31 March 2024 781

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 2,837
Other debtors 7,243
10,080

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 169
Taxation and social security 7,208
Other creditors 3,403
10,780

7. RELATED PARTY DISCLOSURES

During the period, Mr Bailey (Director) owed the company £7,243. This was repaid within 9 months of the year end.


Also during the year, Mr Bailey received dividends from the company in accordance with his shareholding of £31,000.

NETVILLE MANAGEMENT & CONSULTANCY
LIMITED (REGISTERED NUMBER: 14734600)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 16 MARCH 2023 TO 31 MARCH 2024


8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G Bailey.