Dr NPS Consultancy Services Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10846724

Dr NPS Consultancy Services Limited

Filleted Unaudited Financial Statements

Year ended

31 March 2025

Dr NPS Consultancy Services Limited

Financial Statements

Year ended 31 March 2025

CONTENTS	PAGE

Statement of financial position	1

Notes to the financial statements	3

Dr NPS Consultancy Services Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		4,572		5,380

Current assets

Debtors	6	876	8,204
Cash at bank and in hand		54,659	160,042
		--------	----------
		55,535	168,246

Creditors: amounts falling due within one year	7	18,845		73,232
		--------		----------
Net current assets			36,690		95,014
			--------		----------
Total assets less current liabilities			41,262		100,394

Creditors: amounts falling due after more than one year	8	15,053	18,450
		--------	----------
Net assets		26,209	81,944
		--------	----------

Capital and reserves

Called up share capital	100	100
Profit and loss account	26,109	81,844
	--------	--------
Shareholders funds	26,209	81,944
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Dr NPS Consultancy Services Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 12 December 2025 , and are signed on behalf of the board by:

Mr N Somerset

Director

Company registration number: 10846724

Dr NPS Consultancy Services Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 8-14 Carlisle Street, Goole, East Yorkshire, DN14 5DX, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

(a) Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

(b) Going concern

The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.

(c) Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from provision of services is recognised when the sales invoice is issued.

(d) Current and deferred tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

(e) Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation.

(f) Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	15% straight line
Equipment	-	15% straight line

(g) Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Fixtures and fittings	Equipment	Total
	£	£	£
Cost
At 1 April 2024 and 31 March 2025	99	9,724	9,823
	----	-------	-------
Depreciation
At 1 April 2024	52	4,391	4,443
Charge for the year	7	801	808
	----	-------	-------
At 31 March 2025	59	5,192	5,251
	----	-------	-------
Carrying amount
At 31 March 2025	40	4,532	4,572
	----	-------	-------
At 31 March 2024	47	5,333	5,380
	----	-------	-------

6. Debtors

	2025	2024
	£	£
Trade debtors	–	8,204
Other debtors	876	–
	----	-------
	876	8,204
	----	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	1,029	1,575
Corporation tax	13,326	45,695
Social security and other taxes	–	21,129
Director loan accounts	1,642	2,035
Other creditors	2,848	2,798
	--------	--------
	18,845	73,232
	--------	--------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	15,053	18,450
	--------	--------

9. Related party transactions

The directors had current accounts with the company during the year. At the year end the balance owing by the Company to the Directors was £ 1,642 (2024: £2,035). This amount is interest free and repayable on demand.