Company Registration No. 11096150 (England and Wales)
Nerams Ltd
Unaudited accounts
for the year ended 31 December 2024
Nerams Ltd
Unaudited accounts
Contents
Nerams Ltd
Company Information
for the year ended 31 December 2024
Directors
Ronald Blake Peddie
Allan Wheatley
Company Number
11096150 (England and Wales)
Registered Office
THE OLD GP SURGERY
DURHAM ROAD
CHILTON
DL17 0EW
ENGLAND
Nerams Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
2,417,471
2,140,223
Debtors
3,694,525
2,413,640
Cash at bank and in hand
938,300
399,811
Creditors: amounts falling due within one year
(1,713,770)
(1,156,682)
Net current assets
2,919,055
1,656,769
Total assets less current liabilities
5,336,526
3,796,992
Creditors: amounts falling due after more than one year
(1,493,495)
(1,599,614)
Net assets
3,843,031
2,197,378
Called up share capital
100
100
Profit and loss account
3,842,931
2,197,278
Shareholders' funds
3,843,031
2,197,378
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 5 February 2025 and were signed on its behalf by
Allan Wheatley
Director
Company Registration No. 11096150
Nerams Ltd
Notes to the Accounts
for the year ended 31 December 2024
Nerams Ltd is a private company, limited by shares, registered in England and Wales, registration number 11096150. The registered office is THE OLD GP SURGERY, DURHAM ROAD, CHILTON, DL17 0EW, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
20% RB
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2024
20,306
2,515,789
116,019
549
2,652,663
Additions
-
479,764
146,384
3,991
630,139
At 31 December 2024
20,306
2,995,553
262,403
4,540
3,282,802
At 1 January 2024
2,142
468,633
41,658
7
512,440
Charge for the year
112
324,929
27,441
409
352,891
At 31 December 2024
2,254
793,562
69,099
416
865,331
At 31 December 2024
18,052
2,201,991
193,304
4,124
2,417,471
At 31 December 2023
18,164
2,047,156
74,361
542
2,140,223
Nerams Ltd
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
1,216,320
626,564
Amounts due from group undertakings etc.
223,087
214,297
Accrued income and prepayments
5,390
-
Other debtors
2,249,728
1,572,779
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
19,013
-
Trade creditors
140,000
89,566
Taxes and social security
1,027,877
675,007
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
1,493,495
1,563,572
8
Average number of employees
During the year the average number of employees was 109 (2023: 82).