NAPFIS Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 05978342 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2023

for

NAPFIS Limited

Page

Balance Sheet

1

FIXED ASSETS

14,249

1,489

CURRENT ASSETS

69,002

75,992

CREDITORS

Amounts falling due within one year

(13,355

)

(17,065

)

NET CURRENT ASSETS

55,647

58,927

TOTAL ASSETS LESS CURRENT LIABILITIES

69,896

60,416

CAPITAL AND RESERVES

69,896

60,416

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

NAPFIS Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

05978342

Registered office:

Unit 4 Stowford Business Park

Blair Road

Ivybridge

Devon

PL21 0BE

2.	NON-STATUTORY NOTES TO THE ACCOUNTS

Subscription renewal: Subscriptions are down around 10-12% it appears to be an industry standard within the passive fire industry individuals moving employment or changing trades.

Training: Continues to fill a day a month training budget our advertising via the national FPA did not show the results expected. Other avenues of trade advertising will be considered for 2023-24

Fire Door & Fire Stopping App's: Fire Door and Fire Stopping App's are offered to members to enhance the membership benefits. It has taken the best part of 5 years development to ensure the functionality of both App's is an acceptable standard. Final beta testing will be undertaken with a group of members who have shown interest. The developers WebGlu Ltd have worked well to put together all the functionality required and to keep to our overall budget of £15K.

Future Training Video's: The training industry (construction) has moved predominantly from face to face to online video training, the major advantage being customer choice of training times and days. Napfis continues presently to host Zoom pre-arranged live teaching lessons based upon CPD accredited syllabus of training content. 2023-2024 will see a change in our training from Zoom face to face to customer choice videos and questionnaires.

3.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was NIL (2022 - NIL).

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 17 June 2023 and were signed by:

G Bryant - Director