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REGISTERED NUMBER: 08842003 (England and Wales)
















NB ACCOUNTANCY SOLUTIONS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






NB ACCOUNTANCY SOLUTIONS LTD (REGISTERED NUMBER: 08842003)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NB ACCOUNTANCY SOLUTIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: N.P. Bainsfair





REGISTERED OFFICE: 3 Mill Street
Swanton Morley
Dereham
Norfolk
NR20 4QB





REGISTERED NUMBER: 08842003 (England and Wales)





ACCOUNTANTS: CR Bland Baker Limited
Chartered Accountants
21 Lodge Lane
Grays
Essex
RM17 5RY

NB ACCOUNTANCY SOLUTIONS LTD (REGISTERED NUMBER: 08842003)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 664

CURRENT ASSETS
Debtors 5 16,592 17,493

CREDITORS
Amounts falling due within one year 6 23,172 3,686
NET CURRENT (LIABILITIES)/ASSETS (6,580 ) 13,807
TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,580

)

14,471

CREDITORS
Amounts falling due after more than one
year

7

-

19,561
NET LIABILITIES (6,580 ) (5,090 )

CAPITAL AND RESERVES
Called up share capital 99 99
Retained earnings (6,679 ) (5,189 )
SHAREHOLDERS' FUNDS (6,580 ) (5,090 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

NB ACCOUNTANCY SOLUTIONS LTD (REGISTERED NUMBER: 08842003)

BALANCE SHEET - continued
30 JUNE 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 April 2025 and were signed by:





N.P. Bainsfair - Director


NB ACCOUNTANCY SOLUTIONS LTD (REGISTERED NUMBER: 08842003)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

NB Accountancy Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis as the director has undertaken to provide continuing financial support to enable the company to meet its liabilities as they fall due.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

NB ACCOUNTANCY SOLUTIONS LTD (REGISTERED NUMBER: 08842003)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 11,891
Disposals (11,891 )
At 30 June 2024 -
DEPRECIATION
At 1 July 2023 11,227
Charge for year 627
Eliminated on disposal (11,854 )
At 30 June 2024 -
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 664

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 16,592 17,493

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 22,296 2,785
Other creditors 876 901
23,172 3,686

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans - 19,561

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 7,709

NB ACCOUNTANCY SOLUTIONS LTD (REGISTERED NUMBER: 08842003)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 22,296 22,343

The bounceback loan was secured as it was part of a government scheme.

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 June 2024 and the period ended 30 June 2023:

2024 2023
£    £   
N.P. Bainsfair
Balance outstanding at start of year 17,492 27,574
Amounts advanced - 25,389
Amounts repaid (900 ) (35,471 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 16,592 17,492

The loan was unsecured, interest free and repayable on demand.