NDC LONDON LTD. - Filleted accounts

Registered number

08505436

NDC LONDON LTD.

Unaudited Filleted Accounts

31 December 2024

NDC LONDON LTD.

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of NDC LONDON LTD. for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of NDC LONDON LTD. for the year ended 31 December 2024 which comprise of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance
Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF.

Weber & Associates
Chartered Accountants
5 St John's Lane
London
EC1M 4BH

29 September 2025

NDC LONDON LTD.
Registered number:		08505436
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		6			763
Investments	4		1			1
			7			764

Current assets
Debtors	5	552,478			462,721
Cash at bank and in hand		25,275			149,552
		577,753			612,273

Creditors: amounts falling due within one year	6	(28,497)			(23,103)

Net current assets			549,256			589,170

Total assets less current liabilities			549,263			589,934

Creditors: amounts falling due after more than one year	7		(6,921)			(16,677)

Provisions for liabilities			(1)			(145)


Net assets			542,341			573,112

Capital and reserves
Called up share capital			100			100
Profit and loss account			542,241			573,012

Shareholder's funds			542,341			573,112

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



J. Bradford
Director
Approved by the board on 29 September 2025

NDC LONDON LTD.
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For these reasons, he continues to adopt the going concern basis of accounting in preparing the financial statements.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	33.33% straight line

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	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.

	Creditors
	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	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.


2	Employees		2024		2023
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 January 2024				9,794
	At 31 December 2024				9,794

	Depreciation
	At 1 January 2024				9,031
	Charge for the year				757
	At 31 December 2024				9,788

	Net book value
	At 31 December 2024				6
	At 31 December 2023				763


4	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 January 2024				1

	At 31 December 2024				1

	The company holds 100% of the issued share capital of NDC Conferences (UK) LTD, which is incorporated in England and Wales and has its principal place of business at 5 St John's Lane, London, EC1M 4BH. The immediate parent company has taken the exemption from preparing consolidated financial statements as NDC Conferences (UK) LTD is fully consolidated in the financial statements of the ulitimate parent company, NDC Conferences AS, which prepares publicly available consolidated financial statements.


5	Debtors		2024		2023
£				£

	Amounts owed by group undertakings and undertakings in which the company has a participating interest		550,194		461,123
	Other debtors		2,284		1,598
			552,478		462,721


6	Creditors: amounts falling due within one year		2024		2023
£				£

	Bank loans and overdrafts		10,580		10,823
	Amounts owed to group undertakings and undertakings in which the company has a participating interest		11,723		3,502
	Taxation and social security costs		-		16
	Other creditors		6,194		8,762
			28,497		23,103


7	Creditors: amounts falling due after one year		2024		2023
£				£

	Bank loans		6,921		16,677


8	Related party transactions

	The Company is a small entity and has adopted Section 1A of FRS 102. Accordingly, the Company discloses material related party transactions and outstanding balances, including the nature of the relationships and the terms of the balances. Transactions during the year: - Dividend received from NDC Conferences (UK) Ltd (fellow subsidiary): £250,000. - Dividend paid to NDC Conferences AS (ultimate parent): £280,000. No other material related party transactions occurred in the year. Year-end balances due from related parties: - NDC Conferences AS (ultimate parent): £107,497. - NDC Conferences (UK) Ltd (fellow subsidiary): £179,936. - NDC Conferences Portugal Unipessoal LDA (fellow subsidiary): £216,725. - NDC Conferences DK ApS (fellow subsidiary): £34,313. Unless stated otherwise, these balances are unsecured, interest-free and repayable on demand. No guarantees have been given or received in respect of these balances. No impairment has been recognised in relation to amounts due from related parties.


9	Controlling party

	NDC Conferences AS, a company incorporated in Norway, controls the company, as a result of controlling, directly or indirectly, 100 per cent of the issued share capital of the company.


10	Other information

	NDC LONDON LTD. is a private company limited by shares and incorporated in England. Its registered office is:
	5 St John's Lane
	London
	EC1M 4BH