NMG Cyber Security Consulting Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09198752 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2018

FOR

NMG CYBER SECURITY CONSULTING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr N M Gopal

Mrs N K Gopal

REGISTERED OFFICE:

3 Pegasus House

Pegasus Court

Olympus Avenue

Warwick

Warwickshire

CV34 6LW

REGISTERED NUMBER:

09198752 (England and Wales)

ACCOUNTANTS:

Pentlands Accountants and advisors Ltd

Chartered Certified Accountants

and Registered Auditors

3 & 4 Pegasus House

Pegasus Court

Olympus Avenue

Warwick

Warwickshire

CV34 6LW

FIXED ASSETS

Tangible assets

4

4,148

3,116

CURRENT ASSETS

Debtors

5

26,744

9,036

Cash at bank

-

11,324

26,744

20,360

CREDITORS

Amounts falling due within one year

6

17,859

12,036

NET CURRENT ASSETS

8,885

8,324

TOTAL ASSETS LESS CURRENT LIABILITIES

13,033

11,440

PROVISIONS FOR LIABILITIES

788

1,502

NET ASSETS

12,245

9,938

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

12,243

9,936

SHAREHOLDERS' FUNDS

12,245

9,938

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 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 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 8 March 2019 and were signed on its behalf by:

Mr N M Gopal - Director

1.	STATUTORY INFORMATION

NMG Cyber Security Consulting Ltd 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 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. 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.

Computer equipment

-

33% 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.

Deferred tax

Deferred tax is recognised in respect of all 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2017

10,290

Additions

5,300

At 30 September 2018

15,590

DEPRECIATION

At 1 October 2017

7,174

Charge for year

4,268

At 30 September 2018

11,442

NET BOOK VALUE

At 30 September 2018

4,148

At 30 September 2017

3,116

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

10,883

-

Other debtors

15,861

9,036

26,744

9,036

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Bank loans and overdrafts

117

-

Taxation and social security

17,742

11,636

Other creditors

-

400

17,859

12,036

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2018

and 30 September 2017:

2018

2017

£

£

Mr N M Gopal

Balance outstanding at start of year

9,035

(1,561

)

Amounts advanced

9,225

78,566

Amounts repaid

(2,400

)

(67,970

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

15,860

9,035

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr N M Gopal.