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Registration number: 09947424

NNW Consulting Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 January 2025

NNW Consulting Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 7

NNW Consulting Limited

Company Information

Directors | N I Wilkinson N D Wilkinson

Registered office | 25 Chineham Close Fleet Hampshire GU51 1BE

Accountants | Sable & Argent Limited 2 Elvetham Crescent Fleet Hampshire GU51 1BU

NNW Consulting Limited

(Registration number: 09947424)
Balance Sheet as at 31 January 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 41,706 | 29,801
Current assets |  |  |
Debtors | 5 | 17,859 | 48,785
Cash at bank and in hand |  | 71,027 | 36,924
|  | 88,886 | 85,709
Creditors: Amounts falling due within one year | 6 | (37,431) | (37,280)
Net current assets |  | 51,455 | 48,429
Total assets less current liabilities |  | 93,161 | 78,230
Creditors: Amounts falling due after more than one year | 6 | (16,934) | (4,200)
Provisions for liabilities | 8 | - | (583)
Net assets |  | 76,227 | 73,447
Capital and reserves |  |  |
Called up share capital | 9 | 10 | 10
Retained earnings |  | 76,217 | 73,437
Shareholders' funds |  | 76,227 | 73,447

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 19 February 2025 and signed on its behalf by:

N I Wilkinson Director |  |

NNW Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1 | General information

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

The address of its registered office is:
25 Chineham Close
Fleet
Hampshire
GU51 1BE

These financial statements were authorised for issue by the Board on 19 February 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

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.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

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 during the year. Turnover is shown net of value added tax.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

NNW Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office equipment | Straight line on cost over four years
Motor vehicles | 18% p.a. reducing balance

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised at the transaction price less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised at the transaction price.

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 profit and loss account 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.

NNW Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons (including directors) employed by the company in the year, was 2 (2024: 2).

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 February 2024 | 7,470 | 33,500 | 40,970
Additions | 911 | 46,585 | 47,496
Disposals | - | (33,500) | (33,500)
At 31 January 2025 | 8,381 | 46,585 | 54,966
Depreciation
At 1 February 2024 | 5,139 | 6,030 | 11,169
Charge for the year | 1,536 | 6,585 | 8,121
Eliminated on disposal | - | (6,030) | (6,030)
At 31 January 2025 | 6,675 | 6,585 | 13,260
Carrying amount
At 31 January 2025 | 1,706 | 40,000 | 41,706
At 31 January 2024 | 2,331 | 27,470 | 29,801

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 9,365 | 48,458
Prepayments | 297 | 297
Other debtors | 8,197 | 30
| 17,859 | 48,785

Details of non-current trade and other debtors

£522 (2024: £Nil) of other debtors is classified as non current. The non-current element of other debtors comprises a deferred tax asset arising from the availability of tax relief on an asset disposed of in the period on which capital allowances are still being claimed.

NNW Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 7 | 7,554 | 4,643
Taxation and social security |  | 29,232 | 31,774
Accruals and deferred income |  | 645 | 863
|  | 37,431 | 37,280

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 7 | 16,934 | 4,200

7 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 16,934 | 4,200

Current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 7,554 | 4,643

8 | Provisions for liabilities

| Deferred tax £ | Total £
At 1 February 2024 | 583 | 583
Increase (decrease) in existing provisions | (583) | (583)
At 31 January 2025 | - | -

NNW Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary A shares of £1 each | 6 | 6 | 6 | 6
Ordinary B shares of £1 each | 2 | 2 | 2 | 2
Ordinary C shares of £1 each | 2 | 2 | 2 | 2
| 10 | 10 | 10 | 10