Caseware UK (AP4) 2021.0.152 2021.0.152 2022-03-312022-03-312truetruefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.22021-04-01Consulting services 06207363 2021-04-01 2022-03-31 06207363 2020-04-01 2021-03-31 06207363 2022-03-31 06207363 2021-03-31 06207363 c:Director1 2021-04-01 2022-03-31 06207363 d:FurnitureFittings 2021-04-01 2022-03-31 06207363 d:FurnitureFittings 2022-03-31 06207363 d:FurnitureFittings 2021-03-31 06207363 d:FurnitureFittings d:OwnedOrFreeholdAssets 2021-04-01 2022-03-31 06207363 d:CurrentFinancialInstruments 2022-03-31 06207363 d:CurrentFinancialInstruments 2021-03-31 06207363 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 06207363 d:CurrentFinancialInstruments d:WithinOneYear 2021-03-31 06207363 d:ShareCapital 2022-03-31 06207363 d:ShareCapital 2021-03-31 06207363 d:RetainedEarningsAccumulatedLosses 2022-03-31 06207363 d:RetainedEarningsAccumulatedLosses 2021-03-31 06207363 c:FRS102 2021-04-01 2022-03-31 06207363 c:AuditExempt-NoAccountantsReport 2021-04-01 2022-03-31 06207363 c:FullAccounts 2021-04-01 2022-03-31 06207363 c:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure

Registered number: 06207363









NERHA LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2022

 
NERHA LIMITED
REGISTERED NUMBER: 06207363

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2022

2022
2021
Note
£
£

Fixed assets
  

Tangible assets
 4 
46
62

  
46
62

Current assets
  

Debtors: amounts falling due within one year
 5 
1,614
3,507

Cash at bank and in hand
  
1,990
1,276

  
3,604
4,783

Creditors: amounts falling due within one year
 6 
(42,611)
(30,472)

Net current liabilities
  
 
 
(39,007)
 
 
(25,689)

Total assets less current liabilities
  
(38,961)
(25,627)

  

Net liabilities
  
(38,961)
(25,627)


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
(38,971)
(25,637)

  
(38,961)
(25,627)













 
Page 1

 
NERHA LIMITED
REGISTERED NUMBER: 06207363
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2022


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 September 2022.




J Conoley
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
NERHA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1.


General information

The principal activity of Nerha Limited is consulting services.
The Company is a private company limited by shares and is incorporated in England and Wales.
The registered office address is 35 Ballards Lane, London N3 1XW.
The presentational and functional currency of the company is GBP and the accounts have been rounded to the nearest one pound.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures & fittings
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.4

Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.
 
Page 3

 
NERHA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

2.Accounting policies (continued)


2.4
Financial instruments (continued)

(i) Financial assets
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Such assets are subsequently carried at amortised cost using the effective interest method.
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the Statement of Income and Retained Earnings.
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.
(ii) Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future receipts discounted at market rate of interest.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.
(iii) Offsetting
Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2021 - 2).

Page 4

 
NERHA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

4.


Tangible fixed assets





Fixtures & fittings

£



Cost or valuation


At 1 April 2021
687



At 31 March 2022

687



Depreciation


At 1 April 2021
625


Charge for the year on owned assets
16



At 31 March 2022

641



Net book value



At 31 March 2022
46



At 31 March 2021
62


5.


Debtors

2022
2021
£
£


Other debtors
1,614
3,507

1,614
3,507



6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Other creditors
41,361
29,222

Accruals and deferred income
1,250
1,250

42,611
30,472


 
Page 5