Company Registration No. 14281656 (England and Wales)
Neutallion Ltd
Unaudited accounts
for the year ended 31 August 2024
Neutallion Ltd
Unaudited accounts
Contents
Neutallion Ltd
Company Information
for the year ended 31 August 2024
Company Number
14281656 (England and Wales)
Registered Office
5th Floor 167-169 Great Portland Street,
London
W1W 5PF
England
Accountants
Anthony Daniel Associates Ltd
10 Julian Place
London
E14 3AT
Neutallion Ltd
Statement of financial position
as at 31 August 2024
Called up share capital not paid
100
100
Investments
1,235,232
1,158,349
Cash at bank and in hand
26,795
98,210
Creditors: amounts falling due within one year
(1,310,430)
(1,283,436)
Net current liabilities
(48,403)
(26,877)
Net liabilities
(47,654)
(26,063)
Called up share capital
100
100
Profit and loss account
(47,754)
(26,163)
Shareholders' funds
(47,654)
(26,063)
For the year ending 31 August 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 her 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 21 March 2025 and were signed on its behalf by
Yachen Liu
Director
Company Registration No. 14281656
Neutallion Ltd
Notes to the Accounts
for the year ended 31 August 2024
Neutallion Ltd is a private company, limited by shares, registered in England and Wales, registration number 14281656. The registered office is 5th Floor 167-169 Great Portland Street,, London, W1W 5PF, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the amount reliased from the investments.
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:
Computer equipment
25% on cost
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.
These accounts have been prepared on the going concern basis, on the understanding that the director and shareholders will continue to financially support the company during this uncertain period.
Neutallion Ltd
Notes to the Accounts
for the year ended 31 August 2024
4
Tangible fixed assets
Computer equipment
5
Investments held as current assets
2024
2023
Listed investments
1,235,232
1,158,349
The investment portfolio valuation is in the sum of £1,286,334 as at 31 August 2024.
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,646
898
Other creditors
24,283
207
Loans from directors
1,283,507
1,281,358
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).