NALIA SYSTEMS LIMITED

NALIA SYSTEMS LIMITED

NALIA SYSTEMS LIMITED - Company Information

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1 May 2017 false Taxfiler 2018.11.Web 5428896business:PrivateLimitedCompanyLtd2017-05-012018-04-30 54288962017-04-30 54288962017-05-012018-04-30 5428896business:AuditExemptWithAccountantsReport2017-05-012018-04-30 5428896business:FullAccounts2017-05-012018-04-30 54288962018-04-30 5428896business:Director12017-05-012018-04-30 5428896business:Director22017-05-012018-04-30 5428896business:Director32017-05-012018-04-30 5428896business:Director42017-05-012018-04-30 5428896business:Director52017-05-012018-04-30 5428896business:CompanySecretary12017-05-012018-04-30 5428896business:RegisteredOffice2017-05-012018-04-30 54288962017-04-30 5428896core:WithinOneYear2018-04-30 5428896core:WithinOneYear2017-04-30 5428896core:ShareCapital2018-04-30 5428896core:ShareCapital2017-04-30 5428896core:SharePremium2018-04-30 5428896core:SharePremium2017-04-30 5428896core:RevaluationReserve2018-04-30 5428896core:RevaluationReserve2017-04-30 5428896core:RetainedEarningsAccumulatedLosses2018-04-30 5428896core:RetainedEarningsAccumulatedLosses2017-04-30 5428896business:SmallEntities2017-05-012018-04-30 5428896countries:EnglandWales2017-05-012018-04-30 5428896core:PlantMachinery2017-05-012018-04-30 5428896core:IntangibleAssetsOtherThanGoodwill2017-04-30 5428896core:IntangibleAssetsOtherThanGoodwill2017-05-012018-04-30 5428896core:IntangibleAssetsOtherThanGoodwill2018-04-30 5428896core:PlantMachinery2017-04-30 5428896core:PlantMachinery2018-04-30 5428896business:OrdinaryShareClass12017-05-012018-04-30 5428896business:OrdinaryShareClass12016-05-012017-04-30 54288962016-05-012017-04-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 5428896 (England and Wales)
NALIA SYSTEMS LIMITED Unaudited accounts for the year ended 30 April 2018
NALIA SYSTEMS LIMITED Unaudited accounts Contents
Page
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NALIA SYSTEMS LIMITED Company Information for the year ended 30 April 2018
Directors
Nigel Keith Davis Ian Armitage Berwyn Ewan Clarke Graham Hine Ivan Maurice Roitt
Secretary
Lucy Purves
Company Number
5428896 (England and Wales)
Registered Office
QUEST HOUSE, SUITE 2 GROUND FLOOR, 125-135 STAINES RD HOUNSLOW TW3 3JB UNITED KINGDOM
Accountants
Fusion Accountants Limited Quest House 125 - 135 Staines Road Hounslow Middlesex TW3 3JB
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NALIA SYSTEMS LIMITED Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of NALIA SYSTEMS LIMITED for the year ended 30 April 2018
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of NALIA SYSTEMS LIMITED for the year ended 30 April 2018 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Fusion Accountants Limited Chartered Accountants Quest House 125 - 135 Staines Road Hounslow Middlesex TW3 3JB 20 September 2018
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NALIA SYSTEMS LIMITED Statement of financial position as at 30 April 2018
2018 
2017 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
61,565 
66,831 
Tangible assets
5
3,123 
4,685 
64,688 
71,516 
Current assets
Debtors
6
2,450 
5,243 
Cash at bank and in hand
38,521 
198,974 
40,971 
204,217 
Creditors: amounts falling due within one year
7
28,316 
6,336 
Net current assets
69,287 
210,553 
Net assets
133,975 
282,069 
Capital and reserves
Called up share capital
8
115 
110 
Share premium
728,939 
644,280 
Revaluation reserve
1,399 
1,399 
Profit and loss account
(596,478)
(363,720)
Shareholders' funds
133,975 
282,069 
For the year ending 30 April 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 20 September 2018.
Graham Hine Director Company Registration No. 5428896
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NALIA SYSTEMS LIMITED Notes to the Accounts for the year ended 30 April 2018
1
Statutory information
NALIA SYSTEMS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 5428896. The registered office is QUEST HOUSE, SUITE 2, GROUND FLOOR, 125-135 STAINES RD, HOUNSLOW, TW3 3JB, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on cost
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Patent - 12.5% on cost
4
Intangible fixed assets
Other 
£ 
Cost
At 1 May 2017
88,442 
Additions
6,233 
At 30 April 2018
94,675 
Amortisation
At 1 May 2017
21,611 
Charge for the year
11,499 
At 30 April 2018
33,110 
Net book value
At 30 April 2018
61,565 
At 30 April 2017
66,831 
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NALIA SYSTEMS LIMITED Notes to the Accounts for the year ended 30 April 2018
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 May 2017
7,808 
At 30 April 2018
7,808 
Depreciation
At 1 May 2017
3,123 
Charge for the year
1,562 
At 30 April 2018
4,685 
Net book value
At 30 April 2018
3,123 
At 30 April 2017
4,685 
6
Debtors
2018 
2017 
£ 
£ 
Accrued income and prepayments
154 
- 
Other debtors
2,296 
5,243 
2,450 
5,243 
7
Creditors: amounts falling due within one year
2018 
2017 
£ 
£ 
Bank loans and overdrafts
- 
53 
Trade creditors
14,495 
40,411 
Taxes and social security
(55,611)
(71,907)
Other creditors
3,922 
8,112 
Loans from directors
4,978 
4,674 
Accruals
3,900 
12,321 
(28,316)
(6,336)
8
Share capital
2018 
2017 
£ 
£ 
Allotted, called up and fully paid:
115,916 Ordinary shares of £0.001 each
115.91 
110.28 
Shares issued during the period:
5,633 Ordinary shares of £0.001 each
5.63 
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NALIA SYSTEMS LIMITED Notes to the Accounts for the year ended 30 April 2018
9
Transactions with related parties
Amount due to related party at the balance sheet date: Dr G Hine - £610 (2017 : £305). Cantech Limited - £900 (2017 : £900). Professor A Atkinson - £500 (2017 : £500). Mr P Delves - £300 (2017 : £300). Professor I M Roitt - £3,300 (2017 : £300). Professor I M Cree - £1,069 (2017 : £1,069). Mr J Fordham £500 (2017 : £500).
10
Controlling party
In the opinion of the directors there is no ultimate controlling party.
11
Average number of employees
During the year the average number of employees was 6 (2017: 7).
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