Notam Ltd - Filleted accounts

Registered number

12924343

Notam Ltd

Filleted Accounts

31 October 2021

Notam Ltd
Registered number:		12924343
Balance Sheet
as at 31 October 2021

Notes			2021
£
Current assets
Stocks		8,049
Debtors	3	771
Cash at bank and in hand		184
		9,004

Creditors: amounts falling due within one year	4	(12,323)

Net current liabilities			(3,319)

Net liabilities			(3,319)

Capital and reserves
Called up share capital			2
Profit and loss account			(3,321)

Shareholders' funds			(3,319)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




J Martin
Director
Approved by the board on 6 December 2021

Notam Ltd
Notes to the Accounts
for the period from 2 October 2020 to 31 October 2021


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.


2	Employees	2021
Number

	Average number of persons employed by the company	2


3	Debtors	2021
£

	Trade debtors	771


4	Creditors: amounts falling due within one year	2021
£

	Trade creditors	7,446
	Other creditors	4,877
		12,323


5	Other information

	Notam Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	156 Russell Drive
	Wollaton
	Nottingham
	NG8 2BE