0 false false false false false false false false false false true false false false false false true No description of principal activity 2023-12-01 Sage Accounts Production Advanced 2023 - FRS102_2023 2,000 1,686 3,686 400 737 1,137 2,549 1,600 xbrli:pure xbrli:shares iso4217:GBP 14475399 2023-12-01 2024-11-29 14475399 2024-11-29 14475399 2023-11-30 14475399 2022-11-10 2023-11-30 14475399 2023-11-30 14475399 2022-11-09 14475399 bus:Director1 2023-12-01 2024-11-29 14475399 bus:Director2 2023-12-01 2024-11-29 14475399 core:WithinOneYear 2024-11-29 14475399 core:WithinOneYear 2023-11-30 14475399 core:ShareCapital 2024-11-29 14475399 core:ShareCapital 2023-11-30 14475399 core:RetainedEarningsAccumulatedLosses 2024-11-29 14475399 core:RetainedEarningsAccumulatedLosses 2023-11-30 14475399 bus:SmallEntities 2023-12-01 2024-11-29 14475399 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-29 14475399 bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-29 14475399 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-29 14475399 bus:FullAccounts 2023-12-01 2024-11-29 14475399 core:ComputerEquipment 2023-11-30 14475399 core:ComputerEquipment 2023-12-01 2024-11-29 14475399 core:ComputerEquipment 2024-11-29
COMPANY REGISTRATION NUMBER: 14475399

NETWORK.FC LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD ENDING

29 November 2024

NETWORK.FC LIMITED

STATEMENT OF FINANCIAL POSITION

29 November 2024

| 2024 | 2023
Note | £ | £ | £ | £

FIXED ASSETS

Tangible assets | 4 |  | 2,549 |  | 1,600

CURRENT ASSETS

Debtors | 5 | 7,717 |  | – |
Cash at bank and in hand | 10,504 |  | 6,128 |
| -------- |  | ------- |
| 18,221 |  | 6,128 |

CREDITORS: amounts falling due within one year | 6 | ( 19,242) |  | ( 3,543) |
| -------- |  | ------- |
NET CURRENT (LIABILITIES)/ASSETS |  | ( 1,021) |  | 2,585
|  | ------- |  | -------
TOTAL ASSETS LESS CURRENT LIABILITIES |  | 1,528 |  | 4,185
|  | ------- |  | -------
NET ASSETS |  | 1,528 |  | 4,185
|  | ------- |  | -------

CAPITAL AND RESERVES

Called up share capital |  | 100 |  | 100
Profit and loss account |  | 1,428 |  | 4,085
|  | ------- |  | -------
SHAREHOLDERS FUNDS |  | 1,528 |  | 4,185
|  | ------- |  | -------

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 period ending 29 November 2024 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 period 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 .

NETWORK.FC LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

29 November 2024
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:

E Stroud | L Stroud
Director | Director

Company registration number: 14475399

NETWORK.FC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

PERIOD ENDED 29 NOVEMBER 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 71-75 Shelton Street, Covent Garden, WC2H9JQ.
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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
Revenue recognition
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax.
Income tax
Deferred Taxation is provided using the liability method on all timing differences that have originated but not reversed at the balance sheet date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently state at cost less any accumulated depreciation.
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 | - | 5 years

Financial instruments
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 and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
4. TANGIBLE ASSETS

| Equipment
| £
Cost |
At 1 December 2023 | 2,000
Additions | 1,686
| -------
At 29 November 2024 | 3,686
| -------
Depreciation |
At 1 December 2023 | 400
Charge for the period | 737
| -------
At 29 November 2024 | 1,137
| -------
Carrying amount |
At 29 November 2024 | 2,549
| -------
At 30 November 2023 | 1,600
| -------

5. DEBTORS

| 2024 | 2023
| £ | £
Trade debtors | 7,717 | –
| ------- | ----

6. CREDITORS: amounts falling due within one year

| 2024 | 2023
| £ | £
Corporation tax | – | 583
Other creditors | 19,242 | 2,960
| -------- | -------
| 19,242 | 3,543
| -------- | -------