REGISTERED NUMBER: 06025766 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Neogic Web Solutions Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B Johnson

REGISTERED OFFICE:

7 Bell Yard

London

WC2A 2JR

REGISTERED NUMBER:

06025766 (England and Wales)

ACCOUNTANTS:

Cole Accounting Limited

Clarendon House

42 Clarence Street

Cheltenham

Gloucestershire

GL50 3PL

FIXED ASSETS

Intangible assets

4

40,000

45,000

Tangible assets

5

1,642

2,190

Investments

6

551,627

-

593,269

47,190

CURRENT ASSETS

Debtors

55,535

49,389

Cash at bank

36,549

448,549

92,084

497,938

CREDITORS

Amounts falling due within one year

115,608

113,142

NET CURRENT (LIABILITIES)/ASSETS

(23,524

)

384,796

TOTAL ASSETS LESS CURRENT LIABILITIES

569,745

431,986

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

7

56,587

-

Retained earnings

513,058

431,886

SHAREHOLDERS' FUNDS

569,745

431,986

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 30 September 2025 and were signed by:

B Johnson - Director

1.	STATUTORY INFORMATION

Neogic Web Solutions 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 1 (2023 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

and 31 December 2024

50,000

AMORTISATION

At 1 January 2024

5,000

Amortisation for year

5,000

At 31 December 2024

10,000

NET BOOK VALUE

At 31 December 2024

40,000

At 31 December 2023

45,000

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

and 31 December 2024

4,703

DEPRECIATION

At 1 January 2024

2,513

Charge for year

548

At 31 December 2024

3,061

NET BOOK VALUE

At 31 December 2024

1,642

At 31 December 2023

2,190

6.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

Additions

495,040

Revaluations

56,587

At 31 December 2024

551,627

NET BOOK VALUE

At 31 December 2024

551,627

Cost or valuation at 31 December 2024 is represented by:

Totals

£

Valuation in 2024

551,627

7.

RESERVES

Fair

value

reserve

£

Listed investments

56,587

At 31 December 2024

56,587