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REGISTERED NUMBER: 09611619 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2022

for

Nonagon Ltd

Nonagon Ltd (Registered number: 09611619)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Nonagon Ltd

Company Information
for the Year Ended 31 March 2022







DIRECTORS: D Carver-Wynne
A Pereira





REGISTERED OFFICE: Das Kino
22 Fletcher Gate
Nottingham
Nottinghamshire
NG1 2FZ





REGISTERED NUMBER: 09611619 (England and Wales)





ACCOUNTANTS: Beaumont Chapman Limited
Foxhall Lodge
Foxhall Road
Nottingham
Nottinghamshire
NG7 6LH

Nonagon Ltd (Registered number: 09611619)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 45,736 55,911

CURRENT ASSETS
Stocks 28,031 16,932
Debtors 5 17,670 71,357
Cash at bank 99,489 17,349
145,190 105,638
CREDITORS
Amounts falling due within one year 6 168,878 101,549
NET CURRENT (LIABILITIES)/ASSETS (23,688 ) 4,089
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,048

60,000

CREDITORS
Amounts falling due after more than one
year

7

(41,475

)

(47,833

)

PROVISIONS FOR LIABILITIES (8,690 ) (10,623 )
NET (LIABILITIES)/ASSETS (28,117 ) 1,544

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings (28,121 ) 1,540
(28,117 ) 1,544

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

Nonagon Ltd (Registered number: 09611619)

Balance Sheet - continued
31 March 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 13 June 2022 and were signed on its behalf by:





D Carver-Wynne - Director


Nonagon Ltd (Registered number: 09611619)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

Nonagon 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 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 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.
Plant and machinery etc - 25% on cost and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
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.

Nonagon Ltd (Registered number: 09611619)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2021 - 18 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2021 260,277
Additions 7,939
At 31 March 2022 268,216
DEPRECIATION
At 1 April 2021 204,366
Charge for year 18,114
At 31 March 2022 222,480
NET BOOK VALUE
At 31 March 2022 45,736
At 31 March 2021 55,911

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Amounts owed by group undertakings - 44,544
Other debtors 17,670 26,813
17,670 71,357

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans and overdrafts 6,502 2,167
Trade creditors 53,701 44,562
Amounts owed to group undertakings 2,446 -
Taxation and social security 70,923 39,167
Other creditors 35,306 15,653
168,878 101,549

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans 41,475 47,833

Nonagon Ltd (Registered number: 09611619)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.3.22 31.3.21
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 15,468 21,826

8. RELATED PARTY DISCLOSURES

During the year Nonagon Limited purchased services from Fletchergate Industries Limited a
company to whom the directors are related to a value of £35,647 (2020: £4,523). The balance outstanding at 31 March 2022 is £3,967 (2021: £nil).

During the year Nonagon Limited purchased services from Our Secret Garden Limited a company to whom the directors are related to a value of £1,825 (2021: £nil). The balance outstanding at 31 March 2022 is £nil (2021: £nil).

At 31 March 2021 the company owed Mr A Pereira ,a director ,£3,396; this was repaid fully in the year.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is DDC Investments Ltd by virtue of its shareholding.