Acorah Software Products - Accounts Production 16.1.300 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 03192285 R M Woodward M D Beardsley R M Woodward NT Voice & Data Group Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03192285 2023-10-31 03192285 2024-10-31 03192285 2023-11-01 2024-10-31 03192285 frs-core:CurrentFinancialInstruments 2024-10-31 03192285 frs-core:Non-currentFinancialInstruments 2024-10-31 03192285 frs-core:BetweenOneFiveYears 2024-10-31 03192285 frs-core:MotorVehicles 2024-10-31 03192285 frs-core:MotorVehicles 2023-11-01 2024-10-31 03192285 frs-core:MotorVehicles 2023-10-31 03192285 frs-core:PlantMachinery 2024-10-31 03192285 frs-core:PlantMachinery 2023-11-01 2024-10-31 03192285 frs-core:PlantMachinery 2023-10-31 03192285 frs-core:WithinOneYear 2024-10-31 03192285 frs-core:ShareCapital 2024-10-31 03192285 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 03192285 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 03192285 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 03192285 frs-bus:SmallEntities 2023-11-01 2024-10-31 03192285 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 03192285 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 03192285 1 2023-11-01 2024-10-31 03192285 frs-bus:Director1 2023-11-01 2024-10-31 03192285 frs-bus:Director2 2023-11-01 2024-10-31 03192285 frs-bus:CompanySecretary1 2023-11-01 2024-10-31 03192285 frs-countries:EnglandWales 2023-11-01 2024-10-31 03192285 2022-10-31 03192285 2023-10-31 03192285 2022-11-01 2023-10-31 03192285 frs-core:CurrentFinancialInstruments 2023-10-31 03192285 frs-core:Non-currentFinancialInstruments 2023-10-31 03192285 frs-core:BetweenOneFiveYears 2023-10-31 03192285 frs-core:WithinOneYear 2023-10-31 03192285 frs-core:ShareCapital 2023-10-31 03192285 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 03192285
Nt Voice And Data Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03192285
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 155,720 256,857
155,720 256,857
CURRENT ASSETS
Stocks 23,000 23,000
Debtors 5 450,241 534,028
Cash at bank and in hand 747,934 696,713
1,221,175 1,253,741
Creditors: Amounts Falling Due Within One Year 6 (711,547 ) (454,779 )
NET CURRENT ASSETS (LIABILITIES) 509,628 798,962
TOTAL ASSETS LESS CURRENT LIABILITIES 665,348 1,055,819
Creditors: Amounts Falling Due After More Than One Year 7 (70,833 ) (120,833 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (38,930 ) (64,224 )
NET ASSETS 555,585 870,762
CAPITAL AND RESERVES
Called up share capital 9 5,000 5,000
Profit and Loss Account 550,585 865,762
SHAREHOLDERS' FUNDS 555,585 870,762
Page 1
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For the year ending 31 October 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
R M Woodward
Director
4 March 2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Nt Voice And Data Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03192285 . The registered office is Unit 12 H2o Business Park, Lake View Drive, Nottingham, NG15 0HT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 10% to 33% straight line
Motor Vehicles 20% to 33% straight line
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.6. Pensions
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. Average Number of Employees
Average number of employees, including directors, during the year was: 27 (2023: 29)
27 29
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 November 2023 532,230 23,618 555,848
Additions 2,192 - 2,192
As at 31 October 2024 534,422 23,618 558,040
Depreciation
As at 1 November 2023 277,370 21,621 298,991
Provided during the period 101,332 1,997 103,329
As at 31 October 2024 378,702 23,618 402,320
Net Book Value
As at 31 October 2024 155,720 - 155,720
As at 1 November 2023 254,860 1,997 256,857
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 131,524 160,341
Other debtors 318,717 373,687
450,241 534,028
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 180,836 167,948
Bank loans and overdrafts 50,000 50,000
Other creditors 219,858 165,778
Taxation and social security 260,853 71,053
711,547 454,779
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 70,833 120,833
8. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 38,930 64,224
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 5,000 5,000
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 69,820 73,218
Later than one year and not later than five years 105,174 39,994
174,994 113,212
11. Related Party Transactions
NT Voice and Data Solutions Ltd entered into financial arrangements with the parent company N.T. Leasing Ltd, a company with the same directors as well. N.T. Leasing Ltd charged a management fee of £240,000 (2023: £643,655) to NT Voice and Data Solutions Ltd.
NT Voice and Data Solutions Ltd paid rent for the office property of £45,000 (2023: £45,000) to pension funds in which the directors have an interest. 
12. Ultimate Controlling Party
The company's ultimate controlling party is NT Voice & Data Group Limited by virtue of it's ownership of 100% of the issued share capital via N.T. Leasing Limited.
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