NRB IT Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07332252 (England and Wales)

NRB IT Services Limited

Unaudited Financial Statements for the Year Ended 31 July 2025

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

to

5

DIRECTORS:

N R Boyd

A Boyd

K L Reeve

REGISTERED OFFICE:

Chandos House

School Lane

Buckingham

Buckinghamshire

MK18 1HD

REGISTERED NUMBER:

07332252 (England and Wales)

ACCOUNTANTS:

Tearle & Carver Limited

Chandos House

School Lane

Buckingham

Buckinghamshire

MK18 1HD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of NRB IT Services Limited for the year ended 31 July 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of NRB IT Services Limited, as a body, in accordance with the terms of our engagement letter dated 13 March 2023. Our work has been undertaken solely to prepare for your approval the financial statements of NRB IT Services Limited and state those matters that we have agreed to state to the Board of Directors of NRB IT Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than NRB IT Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that NRB IT Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of NRB IT Services Limited. You consider that NRB IT Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of NRB IT Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Tearle & Carver Limited

Chandos House

School Lane

Buckingham

Buckinghamshire

MK18 1HD

Date: .............................................

FIXED ASSETS

Intangible assets

4

8,457

-

Tangible assets

5

-

8,457

-

CURRENT ASSETS

Debtors

6

100,326

24,322

Cash at bank

4,216

77,937

104,542

102,259

CREDITORS

Amounts falling due within one year

7

(174

)

1,622

NET CURRENT ASSETS

104,716

100,637

TOTAL ASSETS LESS CURRENT
LIABILITIES

113,173

100,637

CAPITAL AND RESERVES

Called up share capital

20

Retained earnings

113,153

100,617

SHAREHOLDERS' FUNDS

113,173

100,637

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 January 2026 and were signed on its behalf by:

N R Boyd - Director

1.	STATUTORY INFORMATION

NRB IT Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Intangibles, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

10% on cost

Computer equipment

-

33% on cost

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

8,457

At 31 July 2025

8,457

NET BOOK VALUE

At 31 July 2025

8,457

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 August 2024

and 31 July 2025

4,500

5,394

9,894

DEPRECIATION

At 1 August 2024

and 31 July 2025

4,500

5,394

9,894

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as

restated

£

Trade debtors

32,680

23,144

Bad debt provision

(25,000

)

-

Amounts owed by participating interests

92,646

-

Directors' current accounts

-

1,069

VAT

-

109

100,326

24,322

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as

restated

£

Corporation tax

(2,722

)

-

Social security and other taxes

(6,473

)

(6,473

)

VAT

392

-

Directors' current accounts

1,613

1,079

Accruals and deferred income

7,016

(174

)

1,622

8.	RELATED PARTY DISCLOSURES

Included in other creditors is an amount due to directors. At the year end, the amount owed to directors was £1,613 (2024: £10). This loan is unsecured, interest free and repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is N R Boyd.