Registered number
11965764
NDC CONFERENCES (UK) LTD
Unaudited Filleted Accounts
30 April 2024
NDC CONFERENCES (UK) LTD
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of NDC CONFERENCES (UK) LTD for the year ended 30 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of NDC CONFERENCES (UK) LTD for the year ended 30 April 2024 which comprise of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
www.icaew.com/en/members/regulations-standards-and-guidance
Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF.
Weber & Associates
Chartered Accountants
5 St John's Lane
LONDON
EC1M 4BH
3 January 2025
NDC CONFERENCES (UK) LTD
Registered number: 11965764
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 200,376 141,928
Cash at bank and in hand 307,928 297,631
508,304 439,559
Creditors: amounts falling due within one year 4 (262,610) (214,144)
Net current assets 245,694 225,415
Net assets 245,694 225,415
Capital and reserves
Called up share capital 1 1
Profit and loss account 245,693 225,414
Shareholder's funds 245,694 225,415
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.
J. Bradford
Director
Approved by the board on 3 January 2025
NDC CONFERENCES (UK) LTD
Notes to the Accounts
for the year ended 30 April 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. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.
Going concern
The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For these reasons, he continues to adopt the going concern basis of accounting in preparing the financial statements.
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.
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.
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.
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.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2024 2023
£ £
Trade debtors 73,344 41,597
Amounts owed by group undertakings and undertakings in which the company has a participating interest 37,854 100,331
Other debtors 89,178 -
200,376 141,928
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 58,244 -
Amounts owed to group undertakings and undertakings in which the company has a participating interest 188,625 95,503
Taxation and social security costs 6,438 107,281
Other creditors 9,303 11,360
262,610 214,144
5 Related party transactions
As of the balance sheet date, the company owed Jakob Bradford a sum of £Nil (2023: £2,040). During the year, the company is owed a sum of £37,854 by NDC Conferences AS, the ultimate parent company. The company also owed a sum of £186,625 (2023: £95,503) to its immediate parent company, NDC London LTD..
6 Controlling party
NDC London LTD., a company incorporated in the United Kingdom, controls the company, as a result of controlling, directly or indirectly, 100 per cent of the issued share capital of the company.
7 Other information
NDC CONFERENCES (UK) LTD is a private company limited by shares and incorporated in England. Its registered office is:
5 St John's Lane
London
EC1M 4BH
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