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Registered number: 15179376
N.Aclose Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
TaxAssist Horfield
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 15179376
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,170 1,560
1,170 1,560
CURRENT ASSETS
Stocks 5 14,805 15,125
Debtors 6 53,243 18,835
Cash at bank and in hand 1,227 575
69,275 34,535
Creditors: Amounts Falling Due Within One Year 7 (71,794 ) (35,959 )
NET CURRENT ASSETS (LIABILITIES) (2,519 ) (1,424 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,349 ) 136
NET (LIABILITIES)/ASSETS (1,349 ) 136
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (1,350 ) 135
SHAREHOLDERS' FUNDS (1,349) 136
Page 1
Page 2
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Asma Durrani
Director
30/07/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
N.Aclose Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15179376 . The registered office is 56 Windward Way, Birmingham, B36 0PP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:
Computer Equipment 20% SL
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: )
1 -
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 November 2024 1,950
As at 31 October 2025 1,950
Depreciation
As at 1 November 2024 390
Provided during the period 390
As at 31 October 2025 780
...CONTINUED
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Net Book Value
As at 31 October 2025 1,170
As at 1 November 2024 1,560
5. Stocks
2025 2024
£ £
Stock 14,805 15,125
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 39 422
Other debtors 53,204 18,413
53,243 18,835
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors (475 ) 467
Other creditors 72,269 34,178
Taxation and social security - 1,314
71,794 35,959
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 4