Company Registration No. 08571976 (England and Wales)
NSN Corporation Limited
Unaudited accounts
for the year ended 30 June 2024
NSN Corporation Limited
Unaudited accounts
Contents
NSN Corporation Limited
Company Information
for the year ended 30 June 2024
Company Number
08571976 (England and Wales)
Registered Office
Unit 20, The Circle
Queen Elizabeth Street
London
SE1 2JE
United Kingdom
Accountants
Liberty Financial Chartered Accountants
Unit 20, The Circle
Queen Elizabeth Street
London
SE1 2JE
NSN Corporation Limited
Statement of financial position
as at 30 June 2024
Tangible assets
5,865
5,896
Cash at bank and in hand
204,490
60,556
Creditors: amounts falling due within one year
(427,419)
(417,661)
Net current assets
394,187
363,467
Net assets
400,052
369,363
Called up share capital
100
100
Profit and loss account
399,952
369,263
Shareholders' funds
400,052
369,363
For the year ending 30 June 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 17 March 2025 and were signed on its behalf by
Adrian Kukucka
Director
Company Registration No. 08571976
NSN Corporation Limited
Notes to the Accounts
for the year ended 30 June 2024
NSN Corporation Limited is a private company, limited by shares, registered in England and Wales, registration number 08571976. The registered office is Unit 20, The Circle, Queen Elizabeth Street, London, SE1 2JE, 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.
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.
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:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2023
10,345
10,000
20,345
At 30 June 2024
11,886
10,000
21,886
At 1 July 2023
7,071
7,378
14,449
Charge for the year
1,048
524
1,572
At 30 June 2024
8,119
7,902
16,021
At 30 June 2024
3,767
2,098
5,865
At 30 June 2023
3,274
2,622
5,896
Amounts falling due within one year
Trade debtors
560,172
659,889
Accrued income and prepayments
(56,484)
-
Other debtors
113,428
60,683
NSN Corporation Limited
Notes to the Accounts
for the year ended 30 June 2024
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
273,116
148,277
Taxes and social security
65,463
179,923
Other creditors
(13,301)
1,526
Loans from directors
284
(9,662)
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Average number of employees
During the year the average number of employees was 15 (2023: 20).