Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-312024-05-31trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2023-06-01Business telecoms provider and utilities broker.2416truefalse 11391191 2023-06-01 2024-05-31 11391191 2022-06-01 2023-05-31 11391191 2024-05-31 11391191 2023-05-31 11391191 c:Director3 2023-06-01 2024-05-31 11391191 c:Director4 2023-06-01 2024-05-31 11391191 d:FurnitureFittings 2023-06-01 2024-05-31 11391191 d:FurnitureFittings 2024-05-31 11391191 d:FurnitureFittings 2023-05-31 11391191 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 11391191 d:OfficeEquipment 2023-06-01 2024-05-31 11391191 d:CurrentFinancialInstruments 2024-05-31 11391191 d:CurrentFinancialInstruments 2023-05-31 11391191 d:Non-currentFinancialInstruments 2024-05-31 11391191 d:Non-currentFinancialInstruments 2023-05-31 11391191 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 11391191 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 11391191 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 11391191 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 11391191 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-05-31 11391191 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-05-31 11391191 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-05-31 11391191 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-05-31 11391191 d:ShareCapital 2024-05-31 11391191 d:ShareCapital 2023-05-31 11391191 d:SharePremium 2024-05-31 11391191 d:SharePremium 2023-05-31 11391191 d:RetainedEarningsAccumulatedLosses 2024-05-31 11391191 d:RetainedEarningsAccumulatedLosses 2023-05-31 11391191 c:OrdinaryShareClass1 2023-06-01 2024-05-31 11391191 c:OrdinaryShareClass1 2024-05-31 11391191 c:OrdinaryShareClass1 2023-05-31 11391191 c:OrdinaryShareClass2 2023-06-01 2024-05-31 11391191 c:OrdinaryShareClass2 2024-05-31 11391191 c:OrdinaryShareClass2 2023-05-31 11391191 c:FRS102 2023-06-01 2024-05-31 11391191 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 11391191 c:FullAccounts 2023-06-01 2024-05-31 11391191 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 11391191 2 2023-06-01 2024-05-31 11391191 6 2023-06-01 2024-05-31 11391191 e:PoundSterling 2023-06-01 2024-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11391191









NATIONAL BUSINESS COMMUNICATIONS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
NATIONAL BUSINESS COMMUNICATIONS LTD
REGISTERED NUMBER: 11391191

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
165,715
8,957

Investments
 5 
133,120
133,120

Current assets
  

Debtors: amounts falling due within one year
 6 
330,686
240,825

Cash at bank and in hand
 7 
154,647
862,819

  
485,333
1,103,644

Creditors: amounts falling due within one year
 8 
(1,021,527)
(1,152,635)

Net current liabilities
  
 
 
(536,194)
 
 
(48,991)

Total assets less current liabilities
  
(237,359)
93,086

Creditors: amounts falling due after more than one year
 9 
(399,051)
(215,883)

  

Net liabilities
  
(636,410)
(122,797)


Capital and reserves
  

Called up share capital 
 11 
200
200

Share premium account
  
249,984
249,984

Profit and loss account
  
(886,594)
(372,981)

  
(636,410)
(122,797)


Page 1

 
NATIONAL BUSINESS COMMUNICATIONS LTD
REGISTERED NUMBER: 11391191
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 July 2025.



Mr H Richards
Mrs C B Griffiths
Director
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
NATIONAL BUSINESS COMMUNICATIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

The company is a private company limited by shares and incorporated in England and Wales. It has its registered office at 11 Tower View, Kings Hill, West Malling, Kent, England, ME19 4UY.
The company's principal activity is that of a business telecoms service provider. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors consider that the continuing sales and activity will ensure the company has adequate resources to continue its operations for the foreseeable future. The company also relies on loans from investors, directors and shareholders who will continue to support the company and ensure it is able to meet its liabilities as they fall due, for a period of not less than 12 months from the date of approval of these financial statements. The investors, directors and shareholders have agreed that the loans made to the company will not be repaid until the company is in a position to be able to do so. The directors have agreed time to pay arrangements with HMRC for liabilities owed.
These accounts have therefore been prepared on the going concern basis.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
NATIONAL BUSINESS COMMUNICATIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the company in independently administered funds.

 
2.7

Taxation

Tax is recognised in the Statement of comprehensive income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
25%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 4

 
NATIONAL BUSINESS COMMUNICATIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.13

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 24 (2023 - 16).

Page 5

 
NATIONAL BUSINESS COMMUNICATIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 June 2023
234,845


Additions
209,872



At 31 May 2024

444,717



Depreciation


At 1 June 2023
225,888


Charge for the year on owned assets
53,114



At 31 May 2024

279,002



Net book value



At 31 May 2024
165,715



At 31 May 2023
8,957


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 June 2023
133,120



At 31 May 2024
133,120




Page 6

 
NATIONAL BUSINESS COMMUNICATIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

6.


Debtors

2024
2023
£
£


Trade debtors
25,903
33,454

Amounts owed by group undertakings
72,192
2,627

Other debtors
174,399
179,800

Prepayments and accrued income
58,192
24,944

330,686
240,825



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
154,647
862,819

154,647
862,819



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
32,099
32,099

Trade creditors
504,351
465,404

Other taxation and social security
259,235
294,435

Other creditors
148,098
139,028

Accruals and deferred income
77,744
221,669

1,021,527
1,152,635



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
31,248
63,348

Other creditors
367,803
152,535

399,051
215,883


Page 7

 
NATIONAL BUSINESS COMMUNICATIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
32,099
32,099

Amounts falling due 1-2 years

Bank loans
27,933
60,033

Amounts falling due 2-5 years

Bank loans
3,315
3,315


63,347
95,447



11.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) A Ordinary shares of £1 each
100
100
100 (2023 - 100) B Ordinary shares of £1 each
100
100

200

200



12.


Pension commitments

The company operates a defined contribution scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension costs charge represents contributions payable by the company to the fund and amounted to £21,136 (2023: £20,790). Pension contributions totalling £24,098 (2023: £15,028) were outstanding at the year end and included in other creditors. 

 
Page 8