Nm Education Consultancy Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 07748024 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

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

540

760

CURRENT ASSETS

Debtors

5

37,823

30,295

Cash at bank

4,656

11,746

42,479

42,041

CREDITORS

Amounts falling due within one year

6

(13,265

)

(13,189

)

NET CURRENT ASSETS

29,214

28,852

TOTAL ASSETS LESS CURRENT LIABILITIES

29,754

29,612

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

29,654

29,512

SHAREHOLDERS' FUNDS

29,754

29,612

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 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 29 May 2024 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.

Fixtures and fittings

-

20% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 September 2022

and 31 August 2023

269

3,674

3,943

DEPRECIATION

At 1 September 2022

20

3,163

3,183

Charge for year

53

167

220

At 31 August 2023

73

3,330

3,403

NET BOOK VALUE

At 31 August 2023

196

344

540

At 31 August 2022

249

511

760

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.23

31.8.22

£

£

Amounts owed by group undertakings

33,518

30,295

Other debtors

4,305

-

37,823

30,295

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.23

31.8.22

£

£

Bank loans and overdrafts

9,680

9,210

Taxation and social security

3,585

3,661

Other creditors

-

318

13,265

13,189