Company registration number 03495555 (England and Wales)
N & N IT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2026
PAGES FOR FILING WITH REGISTRAR
N & N IT LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
N & N IT LIMITED (REGISTERED NUMBER: 03495555)
BALANCE SHEET
AS AT
5 APRIL 2026
05 April 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,249
2,068
Current assets
Debtors
4
7,668
6,438
Cash at bank and in hand
5,846
15,173
13,514
21,611
Creditors: amounts falling due within one year
5
(14,256)
(12,406)
Net current (liabilities)/assets
(742)
9,205
Net assets
507
11,273
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
505
11,271
Total equity
507
11,273
For the financial year ended 5 April 2026 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 of its financial statements for the year in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 21 July 2026
Mr Duncan Howard
Director
N & N IT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2026
- 2 -
1
Accounting policies
Company information
N & N IT Limited is a private company limited by shares incorporated in England and Wales. The registered office is Churchdown Chambers, Bordyke, Tonbridge, Kent, TN9 1NR.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
Atruet the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.
1.3
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.
1.4
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings
25% reducing balance
Computers
25% reducing balance
Motor vehicles
25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.5
Leases
Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.
N & N IT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2026
- 3 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2026
2025
Number
Number
Total
1
1
3
Tangible fixed assets
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
Cost
At 6 April 2025
24,882
1,782
15,100
41,764
Disposals
(15,100)
(15,100)
At 5 April 2026
24,882
1,782
26,664
Depreciation and impairment
At 6 April 2025
24,319
680
14,697
39,696
Depreciation charged in the year
141
275
416
Eliminated in respect of disposals
(14,697)
(14,697)
At 5 April 2026
24,460
955
25,415
Carrying amount
At 5 April 2026
422
827
1,249
At 5 April 2025
563
1,102
403
2,068
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
7,668
6,438
N & N IT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2026
- 4 -
5
Creditors: amounts falling due within one year
2026
2025
£
£
Taxation and social security
11,476
9,755
Other creditors
2,780
2,651
14,256
12,406