Registration number: 09230117

NFM CTD LTD

Statement of Financial Position as at 30 September 2024

	Note	2024 £	2023 £
Current assets
Debtors	4	43,835	43,835
Cash at bank and in hand		-	27
		43,835	43,862
Creditors: Amounts falling due within one year	5	(21,492)	(5,485)
Total assets less current liabilities		22,343	38,377
Creditors: Amounts falling due after more than one year	5	(30,974)	(45,044)
Net liabilities		(8,631)	(6,667)
Capital and reserves
Called up share capital		10	10
Retained earnings		(8,641)	(6,677)
Shareholders' deficit		(8,631)	(6,667)

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The director of NFM CTD LTD has elected not to include a copy of the profit and loss account within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Approved and authorised by the director on 24 September 2025
 

.........................................

Mr D L Amarasinghe

Director

Company registration number: 09230117

NFM CTD LTD

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
232 Clewer Hill Road
Windsor
SL4 4DX

The principal activity of the company is that of strength and conditioning training and technical coaching for Mixed Martial Arts.

2	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company had a net deficit of assets at 30 September 2024 of £8,631. At this date an amount of £8,919 was due to the director who has agreed not to seek repayment until such time as the company has sufficient working capital. The company has few fixed overheads and the director has agreed to provide further funds as required.

After making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the director continues to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax, rebates and discounts.

The company recognises turnover based upon the stage of completion of contractual services.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

NFM CTD LTD

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company during the year, was 0 (2023 - 0).

4

Debtors

	2024 £	2023 £
Other debtors	43,835	43,835
	43,835	43,835

NFM CTD LTD

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

5

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Loans and borrowings	6	10,784	-
Accruals and deferred income		1,790	960
Other creditors		8,918	4,525
		21,492	5,485