NETRO 42 LIMITED

Company Registration Number:
03104226 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

NETRO 42 LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

NETRO 42 LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 7,775 7,336
Total fixed assets: 7,775 7,336
Current assets
Debtors: 4 296,334 263,164
Cash at bank and in hand: 1,013,276 1,049,911
Total current assets: 1,309,610 1,313,075
Creditors: amounts falling due within one year: 5 (425,436) (418,799)
Net current assets (liabilities): 884,174 894,276
Total assets less current liabilities: 891,949 901,612
Total net assets (liabilities): 891,949 901,612
Capital and reserves
Called up share capital: 75 75
Revaluation reserve:62525
Profit and loss account: 891,849 901,512
Shareholders funds: 891,949 901,612

The notes form part of these financial statements

NETRO 42 LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 01 September 2025
and signed on behalf of the board by:

Name: Philip J Ronchetti
Status: Director

The notes form part of these financial statements

NETRO 42 LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents amounts receivable for services rendered net of VAT.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures, fittings & equipment 25% of cost The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the profit and loss account.

NETRO 42 LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 16 16

NETRO 42 LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 14,656
Additions 5,470
At 31 December 2024 20,126
Depreciation
At 01 January 2024 7,320
Charge for year 5,031
At 31 December 2024 12,351
Net book value
At 31 December 2024 7,775
At 31 December 2023 7,336

NETRO 42 LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

Amounts falling due within one year: Trade debtors 295,310 Other debtors 1,024 Total 296,334

NETRO 42 LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

Trade Creditors 4,509 Other Creditors 171,793 Other taxes and social security costs 135,399 Corporation tax payable 20,551 Staff pensions 93,184 Total 425,436

NETRO 42 LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Revaluation reserve

2024
£
Balance at 01 January 2024 25
Surplus or deficit after revaluation 0
Balance at 31 December 2024 25