2 false false false false false false false false false false true false false false false false false No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 100,014 100,013 1 1 xbrli:pure xbrli:shares iso4217:GBP 05819877 2024-04-01 2025-03-31 05819877 2025-03-31 05819877 2024-03-31 05819877 2023-04-01 2024-03-31 05819877 2024-03-31 05819877 2023-03-31 05819877 core:NetGoodwill 2024-04-01 2025-03-31 05819877 bus:Director1 2024-04-01 2025-03-31 05819877 bus:Director2 2024-04-01 2025-03-31 05819877 core:NetGoodwill 2025-03-31 05819877 core:LandBuildings 2025-03-31 05819877 core:WithinOneYear 2025-03-31 05819877 core:WithinOneYear 2024-03-31 05819877 core:AfterOneYear 2025-03-31 05819877 core:AfterOneYear 2024-03-31 05819877 core:ShareCapital 2025-03-31 05819877 core:ShareCapital 2024-03-31 05819877 core:RetainedEarningsAccumulatedLosses 2025-03-31 05819877 core:RetainedEarningsAccumulatedLosses 2024-03-31 05819877 core:NetGoodwill 2024-03-31 05819877 core:LandBuildings 2024-03-31 05819877 bus:Director1 2024-03-31 05819877 bus:Director1 2025-03-31 05819877 bus:Director2 2024-03-31 05819877 bus:Director2 2025-03-31 05819877 bus:Director1 2023-03-31 05819877 bus:Director1 2024-03-31 05819877 bus:Director2 2023-03-31 05819877 bus:Director2 2024-03-31 05819877 bus:Director1 2023-04-01 2024-03-31 05819877 bus:Director2 2023-04-01 2024-03-31 05819877 bus:SmallEntities 2024-04-01 2025-03-31 05819877 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 05819877 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05819877 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05819877 bus:FullAccounts 2024-04-01 2025-03-31 05819877 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 05819877 core:FurnitureFittingsToolsEquipment 2025-03-31 05819877 core:FurnitureFittingsToolsEquipment 2024-03-31
COMPANY REGISTRATION NUMBER: 05819877
NDC Associates Limited
Filleted Unaudited Financial Statements
31 March 2025
NDC Associates Limited
Statement of Financial Position
31 March 2025
2025
2024
Note
£
£
£
Fixed assets
Intangible assets
5
1
1
Tangible assets
6
10,731
10,731
--------
--------
10,732
10,732
Current assets
Debtors
7
6,474
14,345
Cash at bank and in hand
9,053
14,788
--------
--------
15,527
29,133
Creditors: amounts falling due within one year
8
12,240
16,974
--------
--------
Net current assets
3,287
12,159
--------
--------
Total assets less current liabilities
14,019
22,891
Creditors: amounts falling due after more than one year
9
1,268
5,067
--------
--------
Net assets
12,751
17,824
--------
--------
Capital and reserves
Called up share capital
8
8
Profit and loss account
12,743
17,816
--------
--------
Shareholders funds
12,751
17,824
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31st March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
NDC Associates Limited
Statement of Financial Position (continued)
31 March 2025
These financial statements were approved by the board of directors and authorised for issue on 1 September 2025 , and are signed on behalf of the board by:
Mr N Cunningham
Mrs D Cunningham
Director
Director
Company registration number: 05819877
NDC Associates Limited
Notes to the Financial Statements
Year ended 31st March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 7 Lucy Street, Chester le Street, Co Durham, DH3 3UP.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity. Revenue recognition Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Income tax The taxation expense represents the aggregate amount of current tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Amortisation Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill - 10% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates. At the balance sheet date goodwill has been fully amortised (to a value of £1) Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment - 33% straight line
Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).
5. Intangible assets
Goodwill
£
Cost
At 1st April 2024 and 31st March 2025
100,014
---------
Amortisation
At 1st April 2024 and 31st March 2025
100,013
---------
Carrying amount
At 31st March 2025
1
---------
At 31st March 2024
1
---------
6. Tangible assets
Land and buildings
Equipment
Total
£
£
£
Cost
At 1st April 2024 and 31st March 2025
10,730
11,624
22,354
--------
--------
--------
Depreciation
At 1st April 2024 and 31st March 2025
11,623
11,623
--------
--------
--------
Carrying amount
At 31st March 2025
10,730
1
10,731
--------
--------
--------
At 31st March 2024
10,730
1
10,731
--------
--------
--------
7. Debtors
2025
2024
£
£
Trade debtors
6,401
14,272
Other debtors
73
73
-------
--------
6,474
14,345
-------
--------
8. Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
3,800
3,800
Corporation tax
712
6,558
Social security and other taxes
3,698
4,834
Other creditors
4,030
1,782
--------
--------
12,240
16,974
--------
--------
9. Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
1,268
5,067
-------
-------
10. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2025
Balance brought forward
Amounts repaid
Balance outstanding
£
£
£
Mr N Cunningham
( 591)
( 1,124)
( 1,715)
Mrs D Cunningham
( 591)
( 1,124)
( 1,715)
-------
-------
-------
( 1,182)
( 2,248)
( 3,430)
-------
-------
-------
2024
Balance brought forward
Amounts repaid
Balance outstanding
£
£
£
Mr N Cunningham
( 664)
73
( 591)
Mrs D Cunningham
( 664)
73
( 591)
-------
----
-------
( 1,328)
146
( 1,182)
-------
----
-------
11. Related party transactions
The company was under the control of Mr and Mrs Cunningham throughout the current and previous year. Mr Cunningham is the majority shareholder. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.