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Company Registration No. 10023384 (England and Wales)
Network Point Limited Unaudited accounts for the year ended 28 February 2025
Network Point Limited Unaudited accounts Contents
Page
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Network Point Limited Company Information for the year ended 28 February 2025
Directors
Noor Hussain Mughal Ahmet Musa
Secretary
Ahmet Musa
Company Number
10023384 (England and Wales)
Registered Office
Office One 1 Coldbath Square Farringdon London EC1R 5HL United Kingdom
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Network Point Limited Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
520 
694 
Current assets
Debtors
61,444 
26,444 
Cash at bank and in hand
16,866 
4,290 
78,310 
30,734 
Creditors: amounts falling due within one year
(75,940)
(26,981)
Net current assets
2,370 
3,753 
Total assets less current liabilities
2,890 
4,447 
Creditors: amounts falling due after more than one year
(1,026)
(4,046)
Net assets
1,864 
401 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,764 
301 
Shareholders' funds
1,864 
401 
For the year ending 28 February 2025 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 directors acknowledge their 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 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 of Directors and authorised for issue on 20 May 2025 and were signed on its behalf by
Noor Hussain Mughal Director Company Registration No. 10023384
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Network Point Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Network Point Limited is a private company, limited by shares, registered in England and Wales, registration number 10023384. The registered office is Office One, 1 Coldbath Square, Farringdon, London, EC1R 5HL, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% RBM
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2024
1,390 
At 28 February 2025
1,390 
Depreciation
At 1 March 2024
696 
Charge for the year
174 
At 28 February 2025
870 
Net book value
At 28 February 2025
520 
At 29 February 2024
694 
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Network Point Limited Notes to the Accounts for the year ended 28 February 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
35,000 
- 
Other debtors
26,444 
26,444 
61,444 
26,444 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
3,195 
3,195 
VAT
44,505 
17,946 
Trade creditors
- 
170 
Taxes and social security
62,335 
28,556 
Other creditors
807 
- 
Loans from directors
(38,742)
(25,181)
Accruals
3,840 
2,295 
75,940 
26,981 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
1,026 
4,046 
8
Average number of employees
During the year the average number of employees was 5 (2024: 4).
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