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REGISTERED NUMBER: 04618345 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Network XP Consultancy Limited

Network XP Consultancy Limited (Registered number: 04618345)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Network XP Consultancy Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Mr A D Hunter
Mrs J A Hunter





SECRETARY: Mrs J A Hunter





REGISTERED OFFICE: 35 Albert Road
Bagshot
Surrey
GU19 5QL





REGISTERED NUMBER: 04618345 (England and Wales)





ACCOUNTANTS: Dilena Limited
Nicholson House
41 Thames Street
Weybridge
Surrey
KT13 8JG

Network XP Consultancy Limited (Registered number: 04618345)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 2,000 4,000

CURRENT ASSETS
Debtors 5 - 709
Cash at bank 148 1,019
148 1,728
CREDITORS
Amounts falling due within one year 6 4,636 5,037
NET CURRENT LIABILITIES (4,488 ) (3,309 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,488

)

691

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (2,489 ) 690
SHAREHOLDERS' FUNDS (2,488 ) 691

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 28 May 2025 and were signed on its behalf by:





Mr A D Hunter - Director


Network XP Consultancy Limited (Registered number: 04618345)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Network XP Consultancy 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

Going concern
At the balance sheet date the company's liabilities exceed its assets. The company has received assurance from its directors that he will continue to give financial support to the company for a minimum of twelve months from the date of signing the financial statements.

On this basis, the directors consider it appropriate to prepare accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the financial statements may be invalid and adjustments would be required to reduce the value of assets to their realisable amount and to provide for any further liabilities which may arise. The financial statements presented do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

Network XP Consultancy Limited (Registered number: 04618345)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 20,000
AMORTISATION
At 1 April 2024 16,000
Charge for year 2,000
At 31 March 2025 18,000
NET BOOK VALUE
At 31 March 2025 2,000
At 31 March 2024 4,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors - 709

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 1,080 451
Taxation and social security 25 621
Other creditors 3,531 3,965
4,636 5,037