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REGISTERED NUMBER: 09832429 (England and Wales)















Financial Statements for the Period 1 January 2023 to 30 June 2024

for

Neatley Limited

Neatley Limited (Registered number: 09832429)






Contents of the Financial Statements
for the Period 1 January 2023 to 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Neatley Limited

Company Information
for the Period 1 January 2023 to 30 June 2024







DIRECTORS: P Morgan
C A Winnard





REGISTERED OFFICE: Southmoor House
Southmoor Industrial Estate
Southmoor Road
Manchester
M23 9XD





REGISTERED NUMBER: 09832429 (England and Wales)





AUDITORS: Xeinadin Audit Limited
116 Duke Street
Liverpool
Merseyside
L1 5JW

Neatley Limited (Registered number: 09832429)

Balance Sheet
30 June 2024

30.6.24 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,875 8,085

CURRENT ASSETS
Debtors 5 56,150 160,872
Cash at bank 24,198 9,871
80,348 170,743
CREDITORS
Amounts falling due within one year 6 306,273 255,379
NET CURRENT LIABILITIES (225,925 ) (84,636 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(218,050

)

(76,551

)

CAPITAL AND RESERVES
Called up share capital 900 900
Retained earnings (218,950 ) (77,451 )
(218,050 ) (76,551 )

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 February 2025 and were signed on its behalf by:





P Morgan - Director


Neatley Limited (Registered number: 09832429)

Notes to the Financial Statements
for the Period 1 January 2023 to 30 June 2024

1. STATUTORY INFORMATION

Neatley 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The directors have prepared the financial despite the net liability position, the company receives support from the wider group.

The financial statements represent a period of 17 months which isn't comparable to the the prior period of 12 months. The period was extended to bring it into line with the parent company.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 2% on cost, No deprecation charged and in accordance with the property

Financial instruments
Other loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Neatley Limited (Registered number: 09832429)

Notes to the Financial Statements - continued
for the Period 1 January 2023 to 30 June 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 8,345
Additions 5,444
At 30 June 2024 13,789
DEPRECIATION
At 1 January 2023 260
Charge for period 5,654
At 30 June 2024 5,914
NET BOOK VALUE
At 30 June 2024 7,875
At 31 December 2022 8,085

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 31.12.22
£    £   
Trade debtors 24,176 112,217
Amounts owed by group undertakings 900 -
Other debtors 31,074 48,655
56,150 160,872

Neatley Limited (Registered number: 09832429)

Notes to the Financial Statements - continued
for the Period 1 January 2023 to 30 June 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 31.12.22
£    £   
Trade creditors 52,052 31,829
Amounts owed to group undertakings 244,676 203,720
Taxation and social security 393 -
Other creditors 9,152 19,830
306,273 255,379

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The report of the auditors was unqualified.

The prior period financial statements have not been audited. Sufficient appropriate audit evidence regarding opening balances has been obtained.

Philip Harrison BSc ACA ( Senior Statutory Auditor)
for and on behalf of Xeinadin Audit Limited

8. ULTIMATE CONTROLLING PARTY

At the balance sheet date in the opinion of the directors there is no ultimate controlling party.