Company Registration No. 08571976 (England and Wales)
NSN Corporation Limited
Unaudited accounts
for the year ended 30 June 2021
NSN Corporation Limited
Unaudited accounts
Contents
NSN Corporation Limited
Company Information
for the year ended 30 June 2021
Director
Petro Leshchynskyy
Company Number
08571976 (England and Wales)
Registered Office
Unit 20, The Circle
Queen Elizabeth Street
London
SE1 2JE
United Kingdom
Accountants
Liberty Financial Chartered Accountants
20, The Circle
20 Queen Elizabeth Street
London
SE1 2JE
NSN Corporation Limited
Statement of financial position
as at 30 June 2021
Tangible assets
8,411
7,391
Cash at bank and in hand
136,923
228,761
Creditors: amounts falling due within one year
(520,156)
(549,522)
Net current assets
132,821
86,302
Called up share capital
100
100
Profit and loss account
141,132
93,593
Shareholders' funds
141,232
93,693
For the year ending 30 June 2021 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 March 2022 and were signed on its behalf by
Petro Leshchynskyy
Director
Company Registration No. 08571976
NSN Corporation Limited
Notes to the Accounts
for the year ended 30 June 2021
NSN Corporation Limited is a private company, limited by shares, registered in England and Wales, registration number 08571976. The registered office is Unit 20, The Circle, Queen Elizabeth Street, London, SE1 2JE, United Kingdom.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2020
5,443
10,000
15,443
At 30 June 2021
9,048
10,000
19,048
At 1 July 2020
3,172
4,880
8,052
Charge for the year
1,561
1,024
2,585
At 30 June 2021
4,733
5,904
10,637
At 30 June 2021
4,315
4,096
8,411
At 30 June 2020
2,271
5,120
7,391
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Debtors: amounts falling due within one year
2021
2020
Trade debtors
516,054
407,063
NSN Corporation Limited
Notes to the Accounts
for the year ended 30 June 2021
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Creditors: amounts falling due within one year
2021
2020
Trade creditors
266,701
227,551
Taxes and social security
232,362
217,616
Other creditors
30,406
35,759
Loans from directors
(9,313)
(8,208)
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Average number of employees
During the year the average number of employees was 5 (2020: 5).
