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Company Registration No. 11096150 (England and Wales)
Nerams Ltd Unaudited accounts for the year ended 31 December 2024
Nerams Ltd Unaudited accounts Contents
Page
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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
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Nerams Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,417,471 
2,140,223 
Current assets
Debtors
3,694,525 
2,413,640 
Cash at bank and in hand
938,300 
399,811 
4,632,825 
2,813,451 
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 
Capital and reserves
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
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Nerams Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
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.
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 year, 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.
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:
Land & buildings
10% RB
Plant & machinery
20% RB
Motor vehicles
20% RB
Fixtures & fittings
20% RB
Computer equipment
15% 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 
Depreciation
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 
Net book value
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 
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Nerams Ltd Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
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 
3,694,525 
2,413,640 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
19,013 
- 
VAT
526,880 
298,331 
Trade creditors
140,000 
89,566 
Taxes and social security
1,027,877 
675,007 
Other creditors
- 
8,278 
Accruals
- 
85,500 
1,713,770 
1,156,682 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
36,042 
Obligations under finance leases and hire purchase contracts
1,493,495 
1,563,572 
1,493,495 
1,599,614 
8
Average number of employees
During the year the average number of employees was 109 (2023: 82).
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