Nockoneffect Limited 06502659 false 2023-03-01 2024-02-29 2024-02-29 The principal activity of the company is that of civil engineering consultancy Digita Accounts Production Advanced 6.30.9574.0 true true 06502659 2023-03-01 2024-02-29 06502659 2024-02-29 06502659 core:RetainedEarningsAccumulatedLosses 2024-02-29 06502659 core:ShareCapital 2024-02-29 06502659 core:CurrentFinancialInstruments 2024-02-29 06502659 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 06502659 bus:SmallEntities 2023-03-01 2024-02-29 06502659 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 06502659 bus:FilletedAccounts 2023-03-01 2024-02-29 06502659 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 06502659 bus:RegisteredOffice 2023-03-01 2024-02-29 06502659 bus:Director1 2023-03-01 2024-02-29 06502659 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 06502659 countries:AllCountries 2023-03-01 2024-02-29 06502659 2022-03-01 2023-02-28 06502659 2023-02-28 06502659 core:RetainedEarningsAccumulatedLosses 2023-02-28 06502659 core:ShareCapital 2023-02-28 06502659 core:CurrentFinancialInstruments 2023-02-28 06502659 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 iso4217:GBP xbrli:pure

Registration number: 06502659

Nockoneffect Limited

Unaudited Filleted Financial Statements

for the Year Ended 29 February 2024

 

Nockoneffect Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Nockoneffect Limited

Company Information

Director

D J Nock

Registered office

1 Bunting Drive
Ruddington
NG11 6RU

 

Nockoneffect Limited

(Registration number: 06502659)
Balance Sheet as at 29 February 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

-

10,528

Cash at bank and in hand

 

9,164

68

 

9,164

10,596

Creditors: Amounts falling due within one year

5

(2,228)

(1,498)

Net assets

 

6,936

9,098

Capital and reserves

 

Called up share capital

1

1

Retained earnings

6,935

9,097

Shareholders' funds

 

6,936

9,098

For the financial year ending 29 February 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The Director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 November 2024
 

.........................................
D J Nock
Director

 

Nockoneffect Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

1

General information

The company is a private company limited by share capital incorporated in England & Wales and the company registration number is 06502659.

The address of its registered office is:
1 Bunting Drive
Ruddington
NG11 6RU

These financial statements were authorised for issue by the director on 28 November 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in sterling and are rounded to the nearest pound.

Going concern

The Company did not trade throughout the period.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

 

Nockoneffect Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the Company (including the Director) during the year, was 1 (2023 - 1).

4

Debtors

Current

2024
£

2023
£

Other debtors

-

10,528

 

-

10,528

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

6

1,767

759

Trade creditors

 

61

415

Accruals and deferred income

 

400

324

 

2,228

1,498

6

Loans and borrowings

Current loans and borrowings

2024
£

2023
£

Other borrowings

1,767

759

7

Related party transactions

Other transactions with the Director

At the year end the company owed the director £1,767 (2023 - £759). This amount is unsecured, interest free and repayable on demand.