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Company Registration No. 12355512 (England and Wales)
Neutrino Global Ltd Unaudited accounts for the year ended 31 December 2024
Neutrino Global Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
28,760 
6,335 
Current assets
Inventories
877 
877 
Debtors
16,755 
13,156 
Cash at bank and in hand
40,957 
30,637 
58,589 
44,670 
Creditors: amounts falling due within one year
(45,395)
(27,498)
Net current assets
13,194 
17,172 
Total assets less current liabilities
41,954 
23,507 
Provisions for liabilities
Deferred tax
(5,465)
(1,204)
Net assets
36,489 
22,303 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
36,389 
22,203 
Shareholders' funds
36,489 
22,303 
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 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 11 March 2025 and were signed on its behalf by
Adam Taylor Director Company Registration No. 12355512
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Neutrino Global Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Neutrino Global Ltd is a private company, limited by shares, registered in England and Wales, registration number 12355512. The registered office is 180 WANLIP LANE, BIRSTALL, LEICESTER, LE4 4GG, UNITED KINGDOM.
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.
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:
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Neutrino Global Ltd Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
3,847 
174 
5,207 
9,228 
Additions
26,422 
304 
374 
27,100 
At 31 December 2024
30,269 
478 
5,581 
36,328 
Depreciation
At 1 January 2024
1,098 
87 
1,708 
2,893 
Charge for the year
3,269 
50 
1,356 
4,675 
At 31 December 2024
4,367 
137 
3,064 
7,568 
Net book value
At 31 December 2024
25,902 
341 
2,517 
28,760 
At 31 December 2023
2,749 
87 
3,499 
6,335 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
16,192 
12,690 
Accrued income and prepayments
563 
466 
16,755 
13,156 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,048 
9,017 
Trade creditors
18,133 
226 
Taxes and social security
12,864 
9,010 
Other creditors
167 
167 
Loans from directors
12,139 
8,306 
Accruals
1,044 
772 
45,395 
27,498 
7
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
5,465 
1,204 
2024 
2023 
£ 
£ 
Provision at start of year
1,204 
299 
Charged to the profit and loss account
4,261 
905 
Provision at end of year
5,465 
1,204 
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Neutrino Global Ltd Notes to the Accounts for the year ended 31 December 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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