The Neighbourhood Services Company Ltd - Accounts to registrar (filleted) - small 18.2

The Neighbourhood Services Company Ltd - Accounts to registrar (filleted) - small 18.2


IRIS Accounts Production v20.1.0.635 04173535 Board of Directors 1.10.18 30.9.19 30.9.19 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure041735352018-09-30041735352019-09-30041735352018-10-012019-09-30041735352017-09-30041735352017-10-012018-09-30041735352018-09-3004173535ns15:EnglandWales2018-10-012019-09-3004173535ns14:PoundSterling2018-10-012019-09-3004173535ns10:Director12018-10-012019-09-3004173535ns10:CompanyLimitedByGuarantee2018-10-012019-09-3004173535ns10:SmallEntities2018-10-012019-09-3004173535ns10:AuditExemptWithAccountantsReport2018-10-012019-09-3004173535ns10:SmallCompaniesRegimeForAccounts2018-10-012019-09-3004173535ns10:AbridgedAccounts2018-10-012019-09-3004173535ns10:Director22018-10-012019-09-3004173535ns10:Director32018-10-012019-09-3004173535ns10:Director42018-10-012019-09-3004173535ns10:CompanySecretary12018-10-012019-09-3004173535ns10:RegisteredOffice2018-10-012019-09-3004173535ns5:CurrentFinancialInstruments2019-09-3004173535ns5:CurrentFinancialInstruments2018-09-3004173535ns5:Non-currentFinancialInstruments2019-09-3004173535ns5:Non-currentFinancialInstruments2018-09-3004173535ns5:RetainedEarningsAccumulatedLosses2019-09-3004173535ns5:RetainedEarningsAccumulatedLosses2018-09-3004173535ns5:LandBuildingsns5:OwnedOrFreeholdAssets2018-10-012019-09-3004173535ns5:PlantMachinery2018-10-012019-09-3004173535ns5:FurnitureFittings2018-10-012019-09-3004173535ns5:MotorVehicles2018-10-012019-09-3004173535ns5:ComputerEquipment2018-10-012019-09-3004173535ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2019-09-3004173535ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2018-09-3004173535ns5:Secured2019-09-3004173535ns5:Secured2018-09-30
REGISTERED NUMBER: 04173535 (England and Wales)















Financial Statements for the Year Ended 30 September 2019

for

The Neighbourhood Services Company Ltd

The Neighbourhood Services Company Ltd (Registered number: 04173535)






Contents of the Financial Statements
for the Year Ended 30 September 2019




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

The Neighbourhood Services Company Ltd

Company Information
for the Year Ended 30 September 2019







DIRECTORS: Ms A M Mason
A L Rimmer
Ms S A Sweeney
Ms L Jennions





SECRETARY: P Knibb





REGISTERED OFFICE: Larkin's Farm School Lane
Prescot
Knowsley
Liverpool
Merseyside
L34 9EN





REGISTERED NUMBER: 04173535 (England and Wales)





ACCOUNTANTS: V & R Accountancy Services
Chartered Certified Accountants
1-3 Crosby Road South
Waterloo
Liverpool
Merseyside
L22 1RG

The Neighbourhood Services Company Ltd (Registered number: 04173535)

Abridged Balance Sheet
30 September 2019

30.9.19 30.9.18
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,279,309 3,269,335
Investments 5 99,167 99,167
3,378,476 3,368,502

CURRENT ASSETS
Debtors 6 164,477 404,947
Cash at bank and in hand 54,817 163,655
219,294 568,602
CREDITORS
Amounts falling due within one year 313,733 799,839
NET CURRENT LIABILITIES (94,439 ) (231,237 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,284,037

3,137,265

CREDITORS
Amounts falling due after more than one
year

7

(1,544,254

)

(1,462,844

)

PROVISIONS FOR LIABILITIES (17,720 ) (18,252 )
NET ASSETS 1,722,063 1,656,169

RESERVES
Income and expenditure account 1,722,063 1,656,169
1,722,063 1,656,169

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2019 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 surplus or deficit 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 Neighbourhood Services Company Ltd (Registered number: 04173535)

Abridged Balance Sheet - continued
30 September 2019


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 September 2019 in accordance with Section 444(2A) of the Companies Act 2006.

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 26 June 2020 and were
signed on its behalf by:





Ms L Jennions - Director


The Neighbourhood Services Company Ltd (Registered number: 04173535)

Notes to the Financial Statements
for the Year Ended 30 September 2019

1. STATUTORY INFORMATION

The Neighbourhood Services Company Ltd is a private company, limited by guarantee , 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - in accordance with the property
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the
lease.

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.

The Neighbourhood Services Company Ltd (Registered number: 04173535)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2019

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2018 - 25 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2018 4,121,705
Additions 62,814
At 30 September 2019 4,184,519
DEPRECIATION
At 1 October 2018 852,370
Charge for year 52,840
At 30 September 2019 905,210
NET BOOK VALUE
At 30 September 2019 3,279,309
At 30 September 2018 3,269,335

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 October 2018
and 30 September 2019 99,167
NET BOOK VALUE
At 30 September 2019 99,167
At 30 September 2018 99,167

6. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.19 30.9.18
£    £   
Other debtors 27,900 27,500

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
30.9.19 30.9.18
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 1,053,872 621,902

The Neighbourhood Services Company Ltd (Registered number: 04173535)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2019

8. SECURED DEBTS

The following secured debts are included within creditors:

30.9.19 30.9.18
£    £   
Bank loans 1,666,849 1,650,654

9. LIMITED BY GUARANTEE

The company is registered as a private company, limited by guarantee. Every member undertakes to contribute to
the assets of the company whilst a member, or within a year of ceasing to be a member such amounts as may be
required, not exceeding £10, in the event of the company being wound up.

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
The Neighbourhood Services Company Ltd

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 Abridged 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 The Neighbourhood Services Company Ltd for the year ended 30 September 2019 which
comprise the Abridged Income Statement, Abridged 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of The Neighbourhood Services Company Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Neighbourhood Services Company Ltd and state those matters that we have agreed to state to the Board of Directors of The Neighbourhood Services Company Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Neighbourhood Services Company Ltd 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 The Neighbourhood Services Company Ltd. You consider that The Neighbourhood Services Company Ltd 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 The Neighbourhood Services Company Ltd. 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.






V & R Accountancy Services
Chartered Certified Accountants
1-3 Crosby Road South
Waterloo
Liverpool
Merseyside
L22 1RG


26 June 2020