NCOUNTER LIMITED


Director	MULLEN, Michael


Registered Number	13245857 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		897		902
			897		902
Current assets
Debtors	4	58,206		93,541
Cash at bank and on hand		5,900		3,005
		64,106		96,546
Creditors amounts falling due within one year	5	(87,880)		(71,215)
Net current assets (liabilities)			(23,774)		25,331
Total assets less current liabilities			(22,877)		26,233
Creditors amounts falling due after one year	6		(43,000)		-
Net assets			(65,877)		26,233
Capital and reserves
Called up share capital			100		100
Profit and loss account			(65,977)		26,133
Shareholders' funds			(65,877)		26,233

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 18 November 2025, and are signed on its behalf by:

MULLEN, Michael
Director
Registered Company No. 13245857

NCOUNTER LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

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.

	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
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Turnover policy
	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 sale of goods and from the rendering of services.

	Revenue from rendering of services
	Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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

	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


		2025		2024
	Average number of employees during the year	3		3

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 April 24	2,252	2,252
Additions	583	583
At 31 March 25	2,835	2,835
Depreciation and impairment
At 01 April 24	1,350	1,350
Charge for year	588	588
At 31 March 25	1,938	1,938
Net book value
At 31 March 25	897	897
At 31 March 24	902	902

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	40,146	22,903
Other debtors	15,923	70,233
Prepayments and accrued income	2,137	405
Total	58,206	93,541

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	45,612	18,515
Bank borrowings and overdrafts	20,794	-
Taxation and social security	21,474	37,025
Other creditors	-	15,675
Total	87,880	71,215


	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

	2025	2024
	£	£
Bank borrowings and overdrafts	43,000	-
Total	43,000	-