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REGISTERED NUMBER: SC676108 (Scotland)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

NAMAKA COMPLIANCE LTD

NAMAKA COMPLIANCE LTD (REGISTERED NUMBER: SC676108)

Contents of the Financial Statements
for the Year Ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NAMAKA COMPLIANCE LTD

Company Information
for the Year Ended 30 September 2024







DIRECTORS: A Harper
J Murphy
J M Murphy





REGISTERED OFFICE: Unit 10
Aberdeen Science and Energy Park
Bridge of Don
Aberdeen
AB23 8GX





REGISTERED NUMBER: SC676108 (Scotland)






NAMAKA COMPLIANCE LTD (REGISTERED NUMBER: SC676108)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,407 1,706

CURRENT ASSETS
Debtors 5 69,421 56,480
Cash at bank 36,429 17,505
105,850 73,985
CREDITORS
Amounts falling due within one year 6 86,907 38,396
NET CURRENT ASSETS 18,943 35,589
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,350

37,295

CREDITORS
Amounts falling due after more than one
year

7

(46,910

)

-

PROVISIONS FOR LIABILITIES 8 (268 ) (324 )
NET (LIABILITIES)/ASSETS (26,828 ) 36,971

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (26,928 ) 36,871
(26,828 ) 36,971

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

NAMAKA COMPLIANCE LTD (REGISTERED NUMBER: SC676108)

Balance Sheet - continued
30 September 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 30 May 2025 and were signed on its behalf by:





A Harper - Director


NAMAKA COMPLIANCE LTD (REGISTERED NUMBER: SC676108)

Notes to the Financial Statements
for the Year Ended 30 September 2024


1. STATUTORY INFORMATION

Namaka Compliance Ltd 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - Straight line over 6 years

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company.

NAMAKA COMPLIANCE LTD (REGISTERED NUMBER: SC676108)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 October 2023
and 30 September 2024 1,790
DEPRECIATION
At 1 October 2023 84
Charge for year 299
At 30 September 2024 383
NET BOOK VALUE
At 30 September 2024 1,407
At 30 September 2023 1,706

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 40,790 36,392
Other debtors 28,631 20,088
69,421 56,480

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 7,590 -
Trade creditors 18,160 12,495
Amounts owed to participating interests 42,343 2,583
Taxation and social security 3,778 8,045
Other creditors 15,036 15,273
86,907 38,396

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 46,910 -

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 268 324

NAMAKA COMPLIANCE LTD (REGISTERED NUMBER: SC676108)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 October 2023 324
Provided during year (56 )
Balance at 30 September 2024 268

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A Harper, J Murphy and J M Murphy.