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REGISTERED NUMBER: 07410165 (England and Wales)














Unaudited Financial Statements for the Year Ended 31 October 2021

for

NEMRO Limited

NEMRO Limited (Registered number: 07410165)






Contents of the Financial Statements
for the Year Ended 31 October 2021




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


NEMRO Limited

Company Information
for the Year Ended 31 October 2021







DIRECTORS: N C Weaver
Mrs C M Weaver





REGISTERED OFFICE: 86 Tettenhall Road
Wolverhampton
West Midlands
WV1 4TF





REGISTERED NUMBER: 07410165 (England and Wales)





ACCOUNTANTS: Appleby Mall Limited
Chartered Accountants
86 Tettenhall Road
Wolverhampton
West Midlands
WV1 4TF

NEMRO Limited (Registered number: 07410165)

Abridged Balance Sheet
31 October 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,969 11,328
Investments 5 137,650 137,650
158,619 148,978

CURRENT ASSETS
Debtors 120 1,502
Cash at bank 335,477 344,263
335,597 345,765
CREDITORS
Amounts falling due within one year 115,013 79,959
NET CURRENT ASSETS 220,584 265,806
TOTAL ASSETS LESS CURRENT
LIABILITIES

379,203

414,784

CREDITORS
Amounts falling due after more than one year 2,595 -
NET ASSETS 376,608 414,784

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 376,508 414,684
SHAREHOLDERS' FUNDS 376,608 414,784

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2021 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.

NEMRO Limited (Registered number: 07410165)

Abridged Balance Sheet - continued
31 October 2021


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 October 2021 in accordance with Section 444(2A) of the Companies Act 2006.

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 31 August 2022 and were signed on its behalf by:





N C Weaver - Director


NEMRO Limited (Registered number: 07410165)

Notes to the Financial Statements
for the Year Ended 31 October 2021

1. STATUTORY INFORMATION

NEMRO 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 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 reducing balance and 20% on reducing balance

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 (2020 - NIL).

NEMRO Limited (Registered number: 07410165)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2021

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2020 23,996
Additions 44,240
Disposals (38,450 )
At 31 October 2021 29,786
DEPRECIATION
At 1 November 2020 12,668
Charge for year 6,821
Eliminated on disposal (10,672 )
At 31 October 2021 8,817
NET BOOK VALUE
At 31 October 2021 20,969
At 31 October 2020 11,328

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 November 2020
and 31 October 2021 137,650
NET BOOK VALUE
At 31 October 2021 137,650
At 31 October 2020 137,650

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal value: £

28 Ordinary A £1.00 28.00
27 Ordinary B £1.00 27.00
15 Ordinary C £1.00 15.00
15 Ordinary D £1.00 15.00
15 Ordinary E £1.00 15.00
100.00

7. ULTIMATE CONTROLLING PARTY

No one shareholder has ultimate control.