NOTTINGHAM REVENUES AND BENEFITS LIMITED

• ⚠

  Material uncertainty over going concern

  On 1 April 2023 the company's trade, assets and liabilities were transferred to its parent company and therefore the Directors confirm that the company will not continue to operate for 12 months from the date of approval of these financial statements. As a result, the financial statements are prepared on a basis other than going concern.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  —

  Not reported

• Cash

  +33%

  £1,176,469 → £1,564,577

  highest in 3 filed years

• Net assets

  +86.5%

  £955,262 → £1,781,602

  highest in 3 filed years

• Employees

  -100%

  190 → 0

  lowest in 3 filed years

• Operating profit

  +96.1%

  -£937,225 → -£36,638

  highest in 3 filed years

• Profit before tax

  +105.1%

  -£1,267,349 → £64,157

  highest in 3 filed years

• Wages

  -99.9%

  £4,613,272 → £4,490

  lowest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

PKF Smith Cooper Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“On 1 April 2023 the company's trade, assets and liabilities were transferred to its parent company and therefore the Directors confirm that the company will not continue to operate for 12 months from the date of approval of these financial statements. As a result, the financial statements are prepared on a basis other than going concern.”

Significant events

• “This is the tenth and final period of operation for Nottingham Revenues and Benefits Ltd (NRB)... On 1 April 2023 the Company's trade assets and liabilities were transferred back to its parent, Nottingham City Council, and therefore the Directors confirm that the Company has ceased operating as a going concern from that date. These accounts represent the residual activity (mainly one-off and ongoing expenses) that has occurred whilst the Company is effectively dormant, awaiting liquidation.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.