NDR Services (UK) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08938819 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2019

FOR

NDR SERVICES (UK) LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D R Young

SECRETARY:

J McBurnie

REGISTERED OFFICE:

32 Elizabeth Street

Corby

Northamptonshire

NN17 1PN

REGISTERED NUMBER:

08938819 (England and Wales)

ACCOUNTANTS:

Elsby & Co

Thistle Down Barn

Holcot Lane

Sywell

Northampton

Northamptonshire

NN6 0BG

FIXED ASSETS

Tangible assets

4

70,735

77,033

CURRENT ASSETS

Debtors

430,504

461,452

Prepayments and accrued income

34,658

35,607

Cash at bank

15,731

13,906

480,893

510,965

CREDITORS

Amounts falling due within one year

543,748

578,040

NET CURRENT LIABILITIES

(62,855

)

(67,075

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,880

9,958

CREDITORS

Amounts falling due after more than one year

14,370

9,126

NET (LIABILITIES)/ASSETS

(6,490

)

832

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

(6,590

)

732

SHAREHOLDERS' FUNDS

(6,490

)

832

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2019 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director on 11 December 2019 and were signed by:

D R Young - Director

1.	STATUTORY INFORMATION

NDR Services (UK) 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 represents net invoiced sale of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire

purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over

their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the

future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern

Having due regard to cash flow forecasts, the director considers that based on their continued support, it is appropriate to

prepare the accounts on a going concern basis.

3.

EMPLOYEES

The average number of employees during the year was 2,260 (2018 - 2,260 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2018

111,197

Additions

16,960

At 31 March 2019

128,157

DEPRECIATION

At 1 April 2018

34,164

Charge for year

23,258

At 31 March 2019

57,422

NET BOOK VALUE

At 31 March 2019

70,735

At 31 March 2018

77,033

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 April 2018

63,068

Additions

15,917

At 31 March 2019

78,985

DEPRECIATION

At 1 April 2018

20,427

Charge for year

13,623

At 31 March 2019

34,050

NET BOOK VALUE

At 31 March 2019

44,935

At 31 March 2018

42,641

5.	SECURED DEBTS

The following secured debts are included within creditors:

2019

2018

£

£

Factoring Creditor

264,046

389,370

RBS Invoice Finance Limited (reference 0893 8819 0001) holds a fixed charge dated 31 July 2014 over the company's

property for all monies due to them.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

100

Ordinary

£1

100

100