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REGISTERED NUMBER: 03229342 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

N G CONSULTANTS LIMITED

N G CONSULTANTS LIMITED (REGISTERED NUMBER: 03229342)

Contents of the Financial Statements
for the Year Ended 31 May 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


N G CONSULTANTS LIMITED

Company Information
for the Year Ended 31 May 2024







DIRECTOR: Mr N Ecclestone



SECRETARY: Mrs M D S Burton



REGISTERED OFFICE: c/o BTMR Limited
Century Buildings
14 St. Mary's Parsonage
Manchester
M3 2DF



REGISTERED NUMBER: 03229342 (England and Wales)



ACCOUNTANTS: BTMR Limited
Century Buildings
14 St Mary's Parsonage
Manchester
M3 2DF



BANKERS: Barclays Bank Plc
Leicester
LE87 2BB

N G CONSULTANTS LIMITED (REGISTERED NUMBER: 03229342)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,551 2,170

CURRENT ASSETS
Debtors 5 4,120 1,676
Cash at bank 432 21,600
4,552 23,276
CREDITORS
Amounts falling due within one year 6 3,827 11,405
NET CURRENT ASSETS 725 11,871
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,276

14,041

CREDITORS
Amounts falling due after more than one
year

7

2,088

3,878
NET ASSETS 188 10,163

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 185 10,160
SHAREHOLDERS' FUNDS 188 10,163

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 February 2025 and were signed by:





Mr N Ecclestone - Director


N G CONSULTANTS LIMITED (REGISTERED NUMBER: 03229342)

Notes to the Financial Statements
for the Year Ended 31 May 2024


1. STATUTORY INFORMATION

N G Consultants Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is accounted for as revenue when, and to the extent that, the company obtains a right to consideration in exchange for its performance of its obligations under the sales contract with the customer. The amount reported as revenue is the fair value of the right to consideration - usually the price specified in the contractual arrangement net of discounts and net of VAT, and after any allowance for credit risk and other uncertainties.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value
of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the
shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer Equipment - 33% Straight Line

Fixed assets are initially recorded at cost.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2023
and 31 May 2024 2,429 11,967 2,302 16,698
DEPRECIATION
At 1 June 2023 2,404 10,769 1,355 14,528
Charge for year 7 299 313 619
At 31 May 2024 2,411 11,068 1,668 15,147
NET BOOK VALUE
At 31 May 2024 18 899 634 1,551
At 31 May 2023 25 1,198 947 2,170

N G CONSULTANTS LIMITED (REGISTERED NUMBER: 03229342)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors - 1,310
Other debtors 4,120 366
4,120 1,676

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 1,790 1,790
Taxation and social security - 7,416
Other creditors 2,037 2,199
3,827 11,405

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans 2,088 3,878

8. RELATED PARTY DISCLOSURES

Included with other debtors is an amount of £2,429 due from directors. There are no terms governing its repayment. The loan was repaid after the period end date.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr N Ecclestone.