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Company Registration No. 12080055 (England and Wales)
NTS 365 LTD Unaudited accounts for the year ended 31 July 2024
NTS 365 LTD Unaudited accounts Contents
Page
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NTS 365 LTD Company Information for the year ended 31 July 2024
Director
Olegs SOTNICENKO
Company Number
12080055 (England and Wales)
Registered Office
11 Pippin Gardens Alvaston DERBY DERBYSHIRE DE24 8NU UNITED KINGDOM
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NTS 365 LTD Accountants' report
Accountants' report to the director of NTS 365 LTD on the preparation of the unaudited statutory accounts for the year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of NTS 365 LTD for the year ended 31 July 2024 as set out on pages 5 - 6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of NTS 365 LTD, as a body, in accordance with the terms of our engagement letter dated 1 April 2024. Our work has been undertaken solely to prepare for your approval the accounts of NTS 365 LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than NTS 365 LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that NTS 365 LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of NTS 365 LTD. You consider that NTS 365 LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of NTS 365 LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
2 April 2025
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NTS 365 LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
- 
364 
Cash at bank and in hand
1,998 
2,400 
1,998 
2,764 
Creditors: amounts falling due within one year
(8,484)
(17,957)
Net current liabilities
(6,486)
(15,193)
Net liabilities
(6,486)
(15,193)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(6,487)
(15,194)
Shareholders' funds
(6,486)
(15,193)
For the year ending 31 July 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 2 April 2025 and were signed on its behalf by
Olegs SOTNICENKO Director Company Registration No. 12080055
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NTS 365 LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
NTS 365 LTD is a private company, limited by shares, registered in England and Wales, registration number 12080055. The registered office is 11 Pippin Gardens, Alvaston, DERBY, DERBYSHIRE, DE24 8NU, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The director has continued to adopt the the going concern basis in preparing the financial statements after assessing the Statement of Financial Position and likely future cash flows at the date of approving these financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
5
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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