REGISTERED NUMBER: 03668016 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

NRB COMPUTECH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N R Batten

REGISTERED OFFICE:

Lloyds Bank Chambers

Hustlergate

Bradford

West Yorkshire

BD1 1UQ

REGISTERED NUMBER:

03668016 (England and Wales)

ACCOUNTANTS:

Rawse, Varley & Co

Chartered Accountants

Lloyds Bank Chambers

Hustlergate

Bradford

BD1 1UQ

FIXED ASSETS

Tangible assets

4

2,394

1,481

CURRENT ASSETS

Debtors

5

123,737

126,420

CREDITORS

Amounts falling due within one year

6

98,266

108,291

NET CURRENT ASSETS

25,471

18,129

TOTAL ASSETS LESS CURRENT LIABILITIES

27,865

19,610

CREDITORS

Amounts falling due after more than one year

7

(16,529

)

(17,911

)

PROVISIONS FOR LIABILITIES

(598

)

(281

)

NET ASSETS

10,738

1,418

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

10,736

1,416

SHAREHOLDERS' FUNDS

10,738

1,418

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 director acknowledges his 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 director and authorised for issue on 4 September 2025 and were signed by:

N R Batten - Director

1.	STATUTORY INFORMATION

NRB Computech 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.

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 represents the invoiced amount of goods sold and services provided exclusive of value added tax. In the case of service contracts income is recognised in the profit and loss account on a time apportionment basis. the proportion of contract income unexpired at the balance sheet date being deferred to the following year in order to match more closely the work done.

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation.

Depreciation is calculated to write off the cost less the estimated residual value of assets over their expected useful lives at the following annual rates:

Fixtures & fittings - 25% & 30% of cost

Office equipment - 25% & 30% of 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.

Contract revenue recognition

Revenue relating to contracts is recognised as earned when and to the extent that the company obtains the right to consideration in exchange for the performance of services under contracts with customers. Revenue is generally recognised as contract activity progresses, such that for incomplete contracts it reflects the partial performance of contractual obligations. The amount of profit recognised on incomplete contracts is the lower of the profit earned to date and the appropriate proportion of profit expected at completion. Full provision is made for known or expected losses at completion immediately such losses are identified. The amount by which revenue recognised on incomplete contracts exceeds payments received on account is classified in the balance sheet as "Amounts recoverable on contracts".

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Equipment,

fixtures

and

fittings

£

COST

At 1 January 2024

40,310

Additions

1,941

At 31 December 2024

42,251

DEPRECIATION

At 1 January 2024

38,829

Charge for year

1,028

At 31 December 2024

39,857

NET BOOK VALUE

At 31 December 2024

2,394

At 31 December 2023

1,481

5.

DEBTORS

2024

2023

£

£

Amounts falling due within one year:

Trade debtors

22,046

7,458

Amounts recoverable on

contracts

56,000

54,750

Other debtors

29,722

48,243

107,768

110,451

2024

2023

£

£

Amounts falling due after more than one year:

Other debtors

15,969

15,969

Aggregate amounts

123,737

126,420

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

16,684

23,073

Trade creditors

2,523

6,190

Taxation and social security

72,529

70,478

Other creditors

6,530

8,550

98,266

108,291

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

16,529

17,911

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

N R Batten

Balance outstanding at start of year

41,855

47,317

Amounts advanced

38,337

54,140

Amounts repaid

(57,001

)

(59,602

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

23,191

41,855