IRIS Accounts Production v25.1.0.734 10968270 Board of Directors Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh109682702023-12-31109682702024-12-31109682702024-01-012024-12-31109682702022-12-31109682702023-01-012023-12-31109682702023-12-3110968270ns15:EnglandWales2024-01-012024-12-3110968270ns14:PoundSterling2024-01-012024-12-3110968270ns10:Director12024-01-012024-12-3110968270ns10:Director22024-01-012024-12-3110968270ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3110968270ns10:SmallEntities2024-01-012024-12-3110968270ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3110968270ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3110968270ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3110968270ns10:FullAccounts2024-01-012024-12-3110968270ns10:RegisteredOffice2024-01-012024-12-3110968270ns5:CurrentFinancialInstruments2024-12-3110968270ns5:CurrentFinancialInstruments2023-12-3110968270ns5:ShareCapital2024-12-3110968270ns5:ShareCapital2023-12-3110968270ns5:RetainedEarningsAccumulatedLosses2024-12-3110968270ns5:RetainedEarningsAccumulatedLosses2023-12-3110968270ns5:FurnitureFittings2024-01-012024-12-3110968270ns5:ComputerEquipment2024-01-012024-12-3110968270ns5:FurnitureFittings2023-12-3110968270ns5:ComputerEquipment2023-12-3110968270ns5:FurnitureFittings2024-12-3110968270ns5:ComputerEquipment2024-12-3110968270ns5:FurnitureFittings2023-12-3110968270ns5:ComputerEquipment2023-12-3110968270ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-12-3110968270ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-31
REGISTERED NUMBER: 10968270 (England and Wales)














Financial Statements for the Year Ended 31 December 2024

for

National Skills Agency Limited

National Skills Agency Limited (Registered number: 10968270)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


National Skills Agency Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr P D Feldman
Mr S M Mehlman





REGISTERED OFFICE: The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY





REGISTERED NUMBER: 10968270 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

National Skills Agency Limited (Registered number: 10968270)

Statement of Financial Position
31 December 2024

31.12.24 31.12.23
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 5,448 6,593

CURRENT ASSETS
Debtors 5 16,645 39,289
Cash at bank 227,837 223,394
244,482 262,683
CREDITORS
Amounts falling due within one year 6 (50,710 ) (48,632 )
NET CURRENT ASSETS 193,772 214,051
TOTAL ASSETS LESS CURRENT LIABILITIES 199,220 220,644

CAPITAL AND RESERVES
Called up share capital 107 107
Retained earnings 199,113 220,537
199,220 220,644

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

National Skills Agency Limited (Registered number: 10968270)

Statement of Financial Position - continued
31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 May 2025 and were signed on its behalf by:




Mr P D Feldman - Director



Mr S M Mehlman - Director


National Skills Agency Limited (Registered number: 10968270)

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

1. STATUTORY INFORMATION

National Skills Agency Limited 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

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 statement of financial position date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 9 ) .

National Skills Agency Limited (Registered number: 10968270)

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

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2024 6,579 8,196 14,775
Additions 233 - 233
At 31 December 2024 6,812 8,196 15,008
DEPRECIATION
At 1 January 2024 3,282 4,900 8,182
Charge for year 530 848 1,378
At 31 December 2024 3,812 5,748 9,560
NET BOOK VALUE
At 31 December 2024 3,000 2,448 5,448
At 31 December 2023 3,297 3,296 6,593

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 16,032 38,744
Other debtors 613 545
16,645 39,289

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Taxation and social security 50,710 48,632

7. RELATED PARTY DISCLOSURES

The directors Mr. P Feldman and Mr. S Mehlman are considered to be key management personnel.