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REGISTERED NUMBER: SC661808 (Scotland)
















Financial Statements for the Year Ended 31 December 2024

for

N4 Group Limited

N4 Group Limited (Registered number: SC661808)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


N4 Group Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: A C Dowie
K Gibson
K L Mitchell
S M Powell





REGISTERED OFFICE: 310 St Vincent Street
Glasgow
G2 5RG





REGISTERED NUMBER: SC661808 (Scotland)





AUDITORS: McLay McAlister & McGibbon LLP
Chartered Accountants and Statutory Auditors
145 St Vincent Street
Glasgow
G2 5JF

N4 Group Limited (Registered number: SC661808)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £   
CURRENT ASSETS
Debtors 4 83,157 13,595
Cash at bank 100,505 105,582
183,662 119,177
CREDITORS
Amounts falling due within one year 5 (66,204 ) (2,803 )
NET CURRENT ASSETS 117,458 116,374
TOTAL ASSETS LESS CURRENT
LIABILITIES

117,458

116,374

CAPITAL AND RESERVES
Called up share capital 100,000 100,000
Retained earnings 17,458 16,374
117,458 116,374

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2025 and were signed on its behalf by:





A C Dowie - Director


N4 Group Limited (Registered number: SC661808)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

N4 Group Limited is a private company, limited by shares , registered in Scotland. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 NIL (2023 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 5,828 -
Other debtors 77,329 13,595
83,157 13,595

N4 Group Limited (Registered number: SC661808)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 15,418 -
Taxation and social security 254 303
Other creditors 50,532 2,500
66,204 2,803

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Paul Martin (Senior Statutory Auditor)
for and on behalf of McLay McAlister & McGibbon LLP

7. RELATED PARTY DISCLOSURES

Included within Other Debtors is a balance of £72,052 due from an Associated business and included within Creditors is a balance of £61,773 due to an Associated business. Fees of £48,000 were charged to this company by an associated business during the year.

8. FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.