NUMERICA RISK MANAGEMENT AND CONSULTING LTD

Company Registration Number:
09031204 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

NUMERICA RISK MANAGEMENT AND CONSULTING LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

NUMERICA RISK MANAGEMENT AND CONSULTING LTD

Balance sheet

As at 31 July 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 30,945 36,233
Total fixed assets: 30,945 36,233
Current assets
Debtors: 4 162,133 161,040
Cash at bank and in hand: 1,042,959 686,261
Total current assets: 1,205,092 847,301
Creditors: amounts falling due within one year:   (352,402) (345,996)
Net current assets (liabilities): 852,690 501,305
Total assets less current liabilities: 883,635 537,538
Creditors: amounts falling due after more than one year:   (26,965) (43,511)
Total net assets (liabilities): 856,670 494,027
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 856,570 493,927
Shareholders funds: 856,670 494,027

The notes form part of these financial statements

NUMERICA RISK MANAGEMENT AND CONSULTING LTD

Balance sheet statements

For the year ending 31 July 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 April 2025
and signed on behalf of the board by:

Name: Junaid Elahi
Status: Director

The notes form part of these financial statements

NUMERICA RISK MANAGEMENT AND CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the invoiced value of goods and services supplied by the company.

Tangible fixed assets and depreciation policy

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Fixtures and Fittings straight line 20% Equipment straight line 25%

NUMERICA RISK MANAGEMENT AND CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 2023
Average number of employees during the period 21 15

NUMERICA RISK MANAGEMENT AND CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible Assets

Total
Cost £
At 01 August 2023 110,637
Additions 7,563
At 31 July 2024 118,200
Depreciation
At 01 August 2023 74,404
Charge for year 12,851
At 31 July 2024 87,255
Net book value
At 31 July 2024 30,945
At 31 July 2023 36,233

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Fixtures and Fittings straight line 20% Equipment straight line 25%

NUMERICA RISK MANAGEMENT AND CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 30,472 30,472

NUMERICA RISK MANAGEMENT AND CONSULTING LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Related party transactions

The company was under the control of Mr J Elahi throughout the current and previous year. Mr Elahi is the managing director and sole shareholder. During the year, the director incurred expenses on behalf of the company and vice versa. All transactions were undertaken at arm's length. Included in creditors above, is the balance of £4,551 Cr (2023 - £4,551 Cr) on director's current account as at 31 July 2024. No other transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard (FRS102).