Company Registration No. NI671749 (Northern Ireland)
Neurodiversity Training International Limited
Unaudited accounts
for the year ended 31 August 2024
Neurodiversity Training International Limited
Unaudited accounts
Contents
Neurodiversity Training International Limited
Company Information
for the year ended 31 August 2024
Company Number
NI671749 (Northern Ireland)
Registered Office
Titanic Suites
55-59 Adelaide Street
Belfast
BT2 8FE
Northern Ireland
Accountants
Satori Accounting
11 Orchard Business Park
Pennyburn Industrial Estate
Derry
Northern Ireland
BT48 0LU
Neurodiversity Training International Limited
Statement of financial position
as at 31 August 2024
Intangible assets
-
28,000
Tangible assets
16,704
21,969
Cash at bank and in hand
19,021
54,066
Creditors: amounts falling due within one year
(17,275)
(33,282)
Net current assets
18,643
27,161
Total assets less current liabilities
35,347
77,130
Creditors: amounts falling due after more than one year
(31,445)
(21,229)
Called up share capital
120
120
Share premium
52,476
52,476
Profit and loss account
(48,694)
3,305
Shareholders' funds
3,902
55,901
For the year ending 31 August 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.
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 28 May 2025 and were signed on its behalf by
Jude Morrow
Director
Company Registration No. NI671749
Neurodiversity Training International Limited
Notes to the Accounts
for the year ended 31 August 2024
Neurodiversity Training International Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI671749. The registered office is Titanic Suites, 55-59 Adelaide Street, Belfast, BT2 8FE, Northern Ireland.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The financial statements include prior period adjustments in relation to fundamental accounting errors.
All figures in the comparative columns pertaining to the year ending 31 August 2023 have been restated accordingly.
As a result of these adjustments:
- profit after tax for the previous year has been reduced by £5,313
- reserves as at 1 September 2022 have been reduced by £2,431
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.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is amortised on a straight-line basis over 10 years.
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:
Plant & machinery
20% straight line
Computer equipment
20% straight line
Neurodiversity Training International Limited
Notes to the Accounts
for the year ended 31 August 2024
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
Intangible fixed assets
Goodwill
At 1 September 2023
40,000
At 1 September 2023
12,000
Charge for the year
28,000
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
400
19,995
10,269
30,664
At 31 August 2024
400
19,995
17,686
38,081
At 1 September 2023
80
6,561
2,054
8,695
Charge for the year
80
3,358
9,244
12,682
At 31 August 2024
160
9,919
11,298
21,377
At 31 August 2024
240
10,076
6,388
16,704
At 31 August 2023
320
13,434
8,215
21,969
Amounts falling due within one year
Accrued income and prepayments
-
2,000
Neurodiversity Training International Limited
Notes to the Accounts
for the year ended 31 August 2024
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,451
4,365
Taxes and social security
7,852
17,852
Loans from directors
-
8,410
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
9,297
12,896
9
Transactions with related parties
During the year, the following transactions took place between the company and its director:
- Net payments to and on behalf of director = £ 23,514
- Interest charged by company = £ 449
The amount owed to the company at the year-end date was £15,553. This was cleared by way of dividends within 9 months of the balance sheet date.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).