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Company Registration No. 12555794 (England and Wales)
NICUTAM LTD Unaudited accounts for the period from 1 May 2023 to 31 October 2024
NICUTAM LTD Unaudited accounts Contents
Page
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NICUTAM LTD Company Information for the period from 1 May 2023 to 31 October 2024
Director
NICU MOCANU
Company Number
12555794 (England and Wales)
Registered Office
453B EARLHAM ROAD NORWICH NR4 7HL ENGLAND
Accountants
ATF TAX CONSULTANCY LTD Sackville Place 44-48 Magdalen Steet Norwich Norfolk NR3 1JU
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NICUTAM LTD Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,217 
10,886 
Current assets
Debtors
2,188 
- 
Cash at bank and in hand
7 
150 
2,195 
150 
Creditors: amounts falling due within one year
(5,994)
(8,954)
Net current liabilities
(3,799)
(8,804)
Total assets less current liabilities
1,418 
2,082 
Provisions for liabilities
Deferred tax
(1,004)
(2,081)
Net assets
414 
1 
Capital and reserves
Share premium
1 
1 
Profit and loss account
413 
- 
Shareholders' funds
414 
1 
For the period ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 January 2025 and were signed on its behalf by
NICU MOCANU Director Company Registration No. 12555794
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NICUTAM LTD Notes to the Accounts for the period from 1 May 2023 to 31 October 2024
1
Statutory information
NICUTAM LTD is a private company, limited by shares, registered in England and Wales, registration number 12555794. The registered office is 453B EARLHAM ROAD, NORWICH, NR4 7HL, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
3 Years- Straight Line
Motor vehicles
4 Years- Straight Line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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NICUTAM LTD Notes to the Accounts for the period from 1 May 2023 to 31 October 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
2,102 
19,872 
21,974 
At 31 October 2024
2,102 
19,872 
21,974 
Depreciation
At 1 May 2023
1,152 
9,936 
11,088 
Charge for the period
701 
4,968 
5,669 
At 31 October 2024
1,853 
14,904 
16,757 
Net book value
At 31 October 2024
249 
4,968 
5,217 
At 30 April 2023
950 
9,936 
10,886 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
2,188 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
340 
970 
Taxes and social security
4,458 
3,362 
Loans from directors
- 
3,674 
Accruals
1,196 
948 
5,994 
8,954 
7
Average number of employees
During the period the average number of employees was 1 (2023: 1).
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