REGISTERED NUMBER: 09416106 (England and Wales)

NATIONAL BUSINESS REGISTER GROUP LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M J Cusack

Mr M A Cusack

REGISTERED OFFICE:

Suite 7, The Courtyard

Russell House

6 Doctors Lane

Henley in Arden

Warwickshire

B95 5AW

REGISTERED NUMBER:

09416106 (England and Wales)

ACCOUNTANTS:

Michael Dufty Partnership Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Intangible assets

4

12,744

16,665

Tangible assets

5

1,025

1,125

13,769

17,790

CURRENT ASSETS

Debtors

6

405,674

313,845

Cash at bank

932

3,159

406,606

317,004

CREDITORS

Amounts falling due within one year

7

139,094

94,622

NET CURRENT ASSETS

267,512

222,382

TOTAL ASSETS LESS CURRENT LIABILITIES

281,281

240,172

CREDITORS

Amounts falling due after more than one year

8

137,572

122,908

NET ASSETS

143,709

117,264

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

143,708

117,263

SHAREHOLDERS' FUNDS

143,709

117,264

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

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

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 2 September 2025 and were signed on its behalf by:

Mrs M J Cusack - Director

1.	STATUTORY INFORMATION

National Business Register Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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.

Computer software is being amortised evenly over its estimated useful life of five years.

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

-

25% on cost

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 31 December 2024

19,606

AMORTISATION

At 1 January 2024

2,941

Charge for year

3,921

At 31 December 2024

6,862

NET BOOK VALUE

At 31 December 2024

12,744

At 31 December 2023

16,665

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

3,900

Additions

1,000

At 31 December 2024

4,900

DEPRECIATION

At 1 January 2024

2,775

Charge for year

1,100

At 31 December 2024

3,875

NET BOOK VALUE

At 31 December 2024

1,025

At 31 December 2023

1,125

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

1,352

456

Amounts owed by group undertakings

377,624

302,037

Other debtors

-

5,907

Prepayments

26,698

5,445

405,674

313,845

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

38,690

32,519

Trade creditors

43,414

21,666

Social security and other taxes

53,920

36,937

Other creditors

2,070

-

Accruals and deferred income

1,000

3,500

139,094

94,622

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

42,942

35,295

Bank loans - 2-5 years

89,050

87,613

Bank loans more 5 yr by instal

5,580

-

137,572

122,908

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

5,580

-

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

176,262

155,427

The bank loan is secured by a guarantee from the UK government under the bounce back loan scheme.

10.	CONTINGENT LIABILITIES

The company is party to a cross guarantee with the parent company and other subsidiaries for the group's bank borrowings.