NINETY CONSULTING LTD


Director	REED, Nicholas Carl


Registered Address	71-75 Shelton Street
	Covent Garden
	London
	WC2H 9JQ


Registered Number	09353834 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		6,381		11,368
			6,381		11,368
Current assets
Debtors	4	187,768		713,658
Cash at bank and on hand		357,275		994,365
		545,043		1,708,023
Creditors amounts falling due within one year	5	(353,606)		(1,034,136)
Net current assets (liabilities)			191,437		673,887
Total assets less current liabilities			197,818		685,255
Creditors amounts falling due after one year	6		(120,000)		(300,000)
Net assets			77,818		385,255
Capital and reserves
Called up share capital			100		100
Profit and loss account			77,718		385,155
Shareholders' funds			77,818		385,255

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 17 September 2025, and are signed on its behalf by:

REED, Nicholas Carl
Director
Registered Company No. 09353834

NINETY CONSULTING LTD

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Office Equipment	4

2.	Average number of employees


		2024		2023
	Average number of employees during the year	7		17

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 January 24	22,401	22,401
Disposals	(2,844)	(2,844)
At 31 December 24	19,557	19,557
Depreciation and impairment
At 01 January 24	11,033	11,033
Charge for year	3,445	3,445
On disposals	(1,302)	(1,302)
At 31 December 24	13,176	13,176
Net book value
At 31 December 24	6,381	6,381
At 31 December 23	11,368	11,368

4.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	121,244	670,939
Other debtors	2,958	15,923
Prepayments and accrued income	63,566	26,796
Total	187,768	713,658


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any
impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	13,646	62,206
Bank borrowings and overdrafts	180,000	180,000
Taxation and social security	6,245	32,299
Other creditors	53,739	68,028
Accrued liabilities and deferred income	99,976	691,603
Total	353,606	1,034,136


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	120,000	300,000
Total	120,000	300,000

7.	Related party transactions
	During the year, the company recognised a one-off adjustment in respect of an inter-company loan to a group undertaking Ark Venture Studio Limited, arising from a wider restructuring of group arrangements. This adjustment was non-trading in nature and does not reflect the ongoing operational performance of the company. Post year-end, Ninety Consulting Ltd’s balance sheet has normalised and returned to historical levels

Related party transactions

During the year, the company recognised a one-off adjustment in respect of an inter-company loan to a group undertaking Ark Venture Studio Limited, arising from a wider restructuring of group arrangements. This adjustment was non-trading in nature and does not reflect the ongoing operational performance of the company. Post year-end, Ninety Consulting Ltd’s balance sheet has normalised and returned to historical levels