0 false false false false false false false false false false true false false false false false false No description of principal activity 2022-02-25 Sage Accounts Production Advanced 2023 - FRS102_2023 109,552 109,552 109,552 xbrli:pure xbrli:shares iso4217:GBP 13941364 2022-02-25 2023-02-28 13941364 2023-02-28 13941364 2022-02-24 13941364 bus:Director2 2022-02-25 2023-02-28 13941364 core:LandBuildings core:OwnedOrFreeholdAssets 2022-02-25 2023-02-28 13941364 core:WithinOneYear 2023-02-28 13941364 core:ShareCapital 2023-02-28 13941364 core:RetainedEarningsAccumulatedLosses 2023-02-28 13941364 core:LandBuildings core:OwnedOrFreeholdAssets 2023-02-28 13941364 bus:SmallEntities 2022-02-25 2023-02-28 13941364 bus:AuditExemptWithAccountantsReport 2022-02-25 2023-02-28 13941364 bus:SmallCompaniesRegimeForAccounts 2022-02-25 2023-02-28 13941364 bus:PrivateLimitedCompanyLtd 2022-02-25 2023-02-28 13941364 bus:FullAccounts 2022-02-25 2023-02-28
COMPANY REGISTRATION NUMBER: 13941364
A Nayyar Investments Limited
Filleted unaudited financial statements
28 February 2023
A Nayyar Investments Limited
Statement of financial position
28 February 2023
28 Feb 23
Note
£
Fixed assets
Tangible assets
4
109,552
Current assets
Cash at bank and in hand
5,065
Creditors: amounts falling due within one year
5
110,902
---------
Net current liabilities
105,837
---------
Total assets less current liabilities
3,715
---------
Net assets
3,715
---------
Capital and reserves
Called up share capital
100
Profit and loss account
3,615
---------
Shareholders funds
3,715
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 21 November 2023 , and are signed on behalf of the board by:
Mrs S Nayyar
Director
Company registration number: 13941364
A Nayyar Investments Limited
Notes to the financial statements
Period from 25 February 2022 to 28 February 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 29 Waterloo Road, Wolverhampton, WV1 4DJ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Revenue represents the amount receivable in respect of rent.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Tangible assets
Investment property
£
Cost
At 25 February 2022
Additions
109,552
---------
At 28 February 2023
109,552
---------
Depreciation
At 25 February 2022 and 28 February 2023
---------
Carrying amount
At 28 February 2023
109,552
---------
The investment property is stated at the director's valuation.
5. Creditors: amounts falling due within one year
28 Feb 23
£
Corporation tax
848
Other creditors
110,054
---------
110,902
---------
6. Directors' advances, credits and guarantees
There were no directors' advances, credits or guarantees during the period. At the period end the company owed the director £109,454.
7. Related party transactions
The company was under the control of the directors throughout the current period.