Nerudia Consulting Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 09456383 (England and Wales)

Financial Statements

for the Year Ended 31 December 2016

for

NERUDIA CONSULTING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C J Lord

D T Newns

REGISTERED OFFICE:

Wellington House

Physics Road

Speke

Liverpool

L24 9HP

REGISTERED NUMBER:

09456383 (England and Wales)

AUDITORS:

Haworths Limited

Statutory Auditor

Chartered Accountants

The Old Tannery

Eastgate

Accrington

Lancashire

BB5 6PW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

30,633

1,519

30,633

1,519

CURRENT ASSETS

Stocks

78,427

-

Debtors

6

349,207

220,268

Cash at bank

78,982

6,832

506,616

227,100

CREDITORS

Amounts falling due within one year

7

457,119

154,025

NET CURRENT ASSETS

49,497

73,075

TOTAL ASSETS LESS CURRENT LIABILITIES

80,130

74,594

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

80,030

74,494

SHAREHOLDERS' FUNDS

80,130

74,594

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 16 October 2017 and were signed on its behalf by:

C J Lord - Director

D T Newns - Director

1.	STATUTORY INFORMATION

Nerudia Consulting 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.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

and value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

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 material 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

10,283

Disposals

(10,283

)

At 31 December 2016

-

NET BOOK VALUE

At 31 December 2016

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 January 2016

1,519

Additions

37,677

At 31 December 2016

39,196

DEPRECIATION

Charge for year

8,563

At 31 December 2016

8,563

NET BOOK VALUE

At 31 December 2016

30,633

At 31 December 2015

1,519

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade debtors

313,458

183,543

Amounts owed by group undertakings

-

16,433

Other debtors

35,749

20,292

349,207

220,268

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade creditors

248,829

7,605

Amounts owed to group undertakings

110,000

16,265

Other creditors

98,290

130,155

457,119

154,025

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Paul Spencer FCCA (Senior Statutory Auditor)

for and on behalf of Haworths Limited

9.	ULTIMATE PARENT COMPANY

The company is a 100% subsidiary of Nerudia Limited.

Group financial statements can be obtained from Companies House.

10.	FIRST YEAR ADOPTION

This is the company's first set of financial statements prepared under FRS102. The date of transition to FRS102

was 24 February 2015.

The accounting policies are unchanged and there are no changes to profits and equity as previously reported.