Registered number
02237599
NMP Rights Limited
Filleted Accounts
31 March 2024
NMP Rights Limited
Registered number: 02237599
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 1,487 1,565
Creditors: amounts falling due within one year 4 (1,063) (813)
Net current assets 424 752
Net assets 424 752
Capital and reserves
Profit and loss account 424 752
Shareholder's funds 424 752
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
C Victor
Director
Approved by the board on 1 December 2024
NMP Rights Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
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).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.
Taxation
No corporation tax was payable on the company's investment income under Section 505 of ICTA 1988.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
Grants
Revenue grants are recorded in the accounts in the period to which they relate.
Volunteers
The project relies on the services and talents of many volunteers. No financial value has been attributed to these in the financial statements.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company - -
3 Debtors 2024 2023
£ £
Other debtors 1,487 1,565
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 150 800
Other creditors 913 13
1,063 813
5 Other information
NMP Rights Limited is a private company limited by guanrantee and incorporated in England. Its registered office is:
70 Godwin Road
Forest Gate
London
E7 0LG
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