Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 10841076 Mr N P Maslenishki Mr N P Maslenishki true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10841076 2023-12-31 10841076 2024-12-31 10841076 2024-01-01 2024-12-31 10841076 frs-core:CurrentFinancialInstruments 2024-12-31 10841076 frs-core:Non-currentFinancialInstruments 2024-12-31 10841076 frs-core:ComputerEquipment 2024-01-01 2024-12-31 10841076 frs-core:ShareCapital 2024-12-31 10841076 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10841076 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10841076 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10841076 frs-bus:SmallEntities 2024-01-01 2024-12-31 10841076 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10841076 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10841076 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 10841076 frs-bus:OrdinaryShareClass1 2024-12-31 10841076 1 2024-01-01 2024-12-31 10841076 frs-bus:Director1 2024-01-01 2024-12-31 10841076 frs-countries:EnglandWales 2024-01-01 2024-12-31 10841076 2022-12-31 10841076 2023-12-31 10841076 2023-01-01 2023-12-31 10841076 frs-core:CurrentFinancialInstruments 2023-12-31 10841076 frs-core:Non-currentFinancialInstruments 2023-12-31 10841076 frs-core:ShareCapital 2023-12-31 10841076 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10841076 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31
Registered number: 10841076
Nelco Contracts Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
E Johnson & Associates Ltd
637 Green Lanes
London
N8 0RE
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 10841076
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 4 11,136 23,786
11,136 23,786
Creditors: Amounts Falling Due Within One Year 5 (10,606 ) (10,345 )
NET CURRENT ASSETS (LIABILITIES) 530 13,441
TOTAL ASSETS LESS CURRENT LIABILITIES 530 13,441
Creditors: Amounts Falling Due After More Than One Year 6 (5,358 ) (17,857 )
NET LIABILITIES (4,828 ) (4,416 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (4,928 ) (4,516 )
SHAREHOLDERS' FUNDS (4,828) (4,416)
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 member has 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.
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
Mr N P Maslenishki
Director
25th February 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Nelco Contracts Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10841076 . The registered office is 142 Valence Circus Dagenham, Essex, RM8 3LT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statement has been prepared on the going concern basis.This assumes that the company will continue in operational existence for the foreseeable future .
At the year end 31 December 2024 the company's liabilities exceeded its assets.The director of the company has assurance in place to support the company financially and does not intend to withdraw his support of the company in the next twelve month.
The director therefore deemed it appropriate for the financial statements to be prepared on the going concern basis.
2.2. 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:
Computer Equipment 25% on reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 11,136 23,786
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Other creditors 606 345
10,606 10,345
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 5,358 17,857
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
8. Related Party Transactions
During the year, no dividend was paid to the director.
9. Ultimate Controlling Party
The company's ultimate controlling party is Mr N P Maslenishki by virtue of his ownership of 100% of the issued share capital in the company.
Page 2