Nm Education Consultancy Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07748024 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2021

FOR

NM EDUCATION CONSULTANCY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N F McDonough

Mrs H McDonough

REGISTERED OFFICE:

8 Twisleton Court

Priory Hill

Dartford

Kent

DA1 2EN

REGISTERED NUMBER:

07748024 (England and Wales)

ACCOUNTANTS:

Blue Rocket Accounting

Accountants and Tax Advisers

8 Twisleton Court

Priory Hill

Dartford

Kent

DA1 2EN

FIXED ASSETS

Tangible assets

4

319

614

CURRENT ASSETS

Debtors

5

27,981

26,207

Cash at bank

7,898

1,249

35,879

27,456

CREDITORS

Amounts falling due within one year

6

(9,028

)

(5,868

)

NET CURRENT ASSETS

26,851

21,588

TOTAL ASSETS LESS CURRENT LIABILITIES

27,170

22,202

CREDITORS

Amounts falling due after more than one year

7

(1,718

)

(3,362

)

NET ASSETS

25,452

18,840

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

25,352

18,740

SHAREHOLDERS' FUNDS

25,452

18,840

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 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 profit or loss 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 19 April 2022 and were signed on its behalf by:

N F McDonough - Director

1.	STATUTORY INFORMATION

Nm Education Consultancy Limited is a private company, limited by shares , 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.

Computer equipment

-

20% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 September 2020

and 31 August 2021

3,199

DEPRECIATION

At 1 September 2020

2,585

Charge for year

295

At 31 August 2021

2,880

NET BOOK VALUE

At 31 August 2021

319

At 31 August 2020

614

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.21

31.8.20

£

£

Amounts owed by group undertakings

27,981

26,160

Other debtors

-

47

27,981

26,207

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.21

31.8.20

£

£

Bank loans and overdrafts

7,698

11,947

Taxation and social security

(2,803

)

(9,002

)

Other creditors

4,133

2,923

9,028

5,868

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.21

31.8.20

£

£

Bank loans

1,718

3,362