1 October 2024 false No description of principal activity Taxfiler 2024.6 09198417business:PrivateLimitedCompanyLtd2024-10-012025-09-30 091984172024-09-30 091984172024-10-012025-09-30 09198417business:AuditExemptWithAccountantsReport2024-10-012025-09-30 09198417business:FilletedAccounts2024-10-012025-09-30 091984172025-09-30 09198417business:Director12024-10-012025-09-30 09198417business:Director22024-10-012025-09-30 09198417business:Director32024-10-012025-09-30 09198417business:Director42024-10-012025-09-30 09198417business:RegisteredOffice2024-10-012025-09-30 091984172024-09-30 09198417core:WithinOneYear2025-09-30 09198417core:WithinOneYear2024-09-30 09198417core:ShareCapitalcore:PreviouslyStatedAmount2025-09-30 09198417core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 09198417core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-09-30 09198417core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 09198417core:PreviouslyStatedAmount2025-09-30 09198417core:PreviouslyStatedAmount2024-09-30 09198417business:SmallEntities2024-10-012025-09-30 09198417countries:EnglandWales2024-10-012025-09-30 09198417core:FurnitureFittings2024-10-012025-09-30 09198417core:ComputerEquipment2024-10-012025-09-30 09198417core:FurnitureFittings2024-09-30 09198417core:ComputerEquipment2024-09-30 09198417core:FurnitureFittings2025-09-30 09198417core:ComputerEquipment2025-09-30 091984172023-10-012024-09-30 iso4217:GBP xbrli:pure
Company Registration No. 09198417 (England and Wales)
Notion It Ltd Unaudited accounts for the year ended 30 September 2025
Notion It Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Notion It Ltd Company Information for the year ended 30 September 2025
Directors
Robert Thornley Benjamin Daniel Thornley Hannah Elizabeth Thornley Sandra Elizabeth Thornley
Company Number
09198417 (England and Wales)
Registered Office
259 Thunder Lane Norwich NR7 0JA
Accountants
JHW Azoth Ltd 13 The Close Norwich Norfolk NR1 4DS
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Notion It Ltd Statement of financial position as at 30 September 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,967 
2,010 
Current assets
Debtors
5
52,551 
22,443 
Cash at bank and in hand
15,864 
53,962 
68,415 
76,405 
Creditors: amounts falling due within one year
6
(24,749)
(25,906)
Net current assets
43,666 
50,499 
Net assets
45,633 
52,509 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
45,632 
52,508 
Shareholders' funds
45,633 
52,509 
For the year ending 30 September 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 directors acknowledge 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 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 of Directors and authorised for issue on 9 January 2026 and were signed on its behalf by
Robert Thornley Director Company Registration No. 09198417
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Notion It Ltd Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Notion It Ltd is a private company, limited by shares, registered in England and Wales, registration number 09198417. The registered office is 259 Thunder Lane, Norwich, NR7 0JA.
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.
3
Accounting policies
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
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Current and deferred tax assets and liabilities are not discounted
Dividends
Proposed dividends are only included as liabilities in the balance sheet when their payment has been approved by the shareholders prior to the balance sheet date.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Straight Line
Computer equipment
20% Straight Line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Notion It Ltd Notes to the Accounts for the year ended 30 September 2025
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2024
1,079 
3,286 
4,365 
Additions
- 
657 
657 
At 30 September 2025
1,079 
3,943 
5,022 
Depreciation
At 1 October 2024
424 
1,931 
2,355 
Charge for the year
216 
484 
700 
At 30 September 2025
640 
2,415 
3,055 
Net book value
At 30 September 2025
439 
1,528 
1,967 
At 30 September 2024
655 
1,355 
2,010 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
108 
- 
Trade debtors
30,000 
- 
Amounts due from group undertakings etc.
22,443 
22,443 
52,551 
22,443 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
- 
4,440 
Taxes and social security
- 
5,632 
Other creditors
24,749 
- 
Loans from directors
- 
15,834 
24,749 
25,906 
7
Average number of employees
During the year the average number of employees was 4 (2024: 1).
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