Company registration number 09244094 (England and Wales)
NOCTION LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
PAGES FOR FILING WITH REGISTRAR
NOCTION LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
NOCTION LTD (REGISTERED NUMBER: 09244094)
BALANCE SHEET
AS AT 31 DECEMBER 2022
31 December 2022
- 1 -
2022
2021
Notes
£
£
£
£
Current assets
Debtors
3
7,608
5,448
Cash at bank and in hand
3,245
1,680
10,853
7,128
Creditors: amounts falling due within one year
4
(15,047)
(7,013)
Net current (liabilities)/assets
(4,194)
115
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss reserves
(5,194)
(885)
Total equity
(4,194)
115
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 19 September 2023
Mr V Bordian
Director
NOCTION LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
- 2 -
1
Accounting policies
Company information
Noction Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Pine Grove Enterprise Centre, Pine Grove, Crowborough, East Sussex, TN6 1DH.
1.1
Reporting period
In the previous period, the directors chose to cover a 14 month period to align the year end with other connected entities. Therefore, comparative amounts presented in the financial statements (including related notes) may not be entirely comparable.
1.2
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.
The financial statements have been prepared under the historical cost convention.
1.3
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT.
1.4
Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2022
2021
Number
Number
Total
3
3
NOCTION LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
- 3 -
3
Debtors
2022
2021
Amounts falling due within one year:
£
£
Trade debtors
2,151
768
Other debtors
5,457
4,680
7,608
5,448
4
Creditors: amounts falling due within one year
2022
2021
£
£
Trade creditors
30
30
Taxation and social security
8,000
1,708
Other creditors
7,017
5,275
15,047
7,013
