Company Registration No. 09440630 (England and Wales)
N P Compliance Ltd
Unaudited accounts
for the year ended 31 March 2025
N P Compliance Ltd
Unaudited accounts
Contents
N P Compliance Ltd
Company Information
for the year ended 31 March 2025
Company Number
09440630 (England and Wales)
Registered Office
43-45 High Road
Bushey Heath
WD23 1EE
England
Accountants
Charterwells
Suite 8, 2nd Floor
43-45 High Road
Bushey Heath
WD23 1EE
N P Compliance Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
(27)
4,155
Creditors: amounts falling due within one year
(3,487)
(15,396)
Net current (liabilities)/assets
(3,514)
939
Net (liabilities)/assets
(3,514)
1,355
Called up share capital
1
1
Profit and loss account
(3,515)
1,354
Shareholders' funds
(3,514)
1,355
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 December 2025 and were signed on its behalf by
Nilam Patel
Director
Company Registration No. 09440630
N P Compliance Ltd
Notes to the Accounts
for the year ended 31 March 2025
N P Compliance Ltd is a private company, limited by shares, registered in England and Wales, registration number 09440630. The registered office is 43-45 High Road, Bushey Heath, WD23 1EE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
N P Compliance Ltd
Notes to the Accounts
for the year ended 31 March 2025
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Ultimate Controlling Party
The company's ultimate controlling party is Nilam Patel by virtue of her ownership of 100% of the issued share capital in the company.
4
Tangible fixed assets
Computer equipment
Amounts falling due after more than one year
N P Compliance Ltd
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
13,947
10,802
Loans from directors
(10,541)
3
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan
-
10,541
-
10,541
As at the year end the director's loan account was overdrawn. This loan is repayable on demand.
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).