NINESCU SERVICES LTD

Company Registration Number:
12239471 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

NINESCU SERVICES LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

NINESCU SERVICES LTD

Company Information

for the Period Ended 31 October 2023




Director: NINESCU, Andrei
Registered office: 62
Express Drive
Ilford
England
IG3 9QD
Company Registration Number: 12239471 (England and Wales)

NINESCU SERVICES LTD

Directors' Report Period Ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal Activities

Construction of domestic buildings

Directors

The directors shown below have held office during the whole of the period from 01 November 2022 to 31 October 2023
NINESCU, Andrei

This report was approved by the board of directors on 22 November 2023
And Signed On Behalf Of The Board By:

Name: NINESCU, Andrei
Status: Director

NINESCU SERVICES LTD

Profit and Loss Account

for the Period Ended 31 October 2023


Notes

2023
£

2022
£
Turnover 51,715 40,493
Cost of sales ( 2,248 ) ( 2,658 )
Gross Profit or (Loss) 49,467 37,835
Administrative Expenses ( 47,662 ) ( 36,114 )
Operating Profit or (Loss) 1,805 1,721
Profit or (Loss) Before Tax 1,805 1,721
Tax on Profit ( 343 ) ( 327 )
Profit or (Loss) for Period 1,462 1,394

The notes form part of these financial statements

NINESCU SERVICES LTD

Balance sheet

As at 31 October 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 5 100 100
Tangible assets: 6 3,766 5,021
Total fixed assets: 3,866 5,121
Current assets
Cash at bank and in hand: 15,704 16,030
Total current assets: 15,704 16,030
Prepayments and accrued income: 4,131
Creditors: amounts falling due within one year: 7 ( 5,974 )
Net current assets (liabilities): 9,730 20,161
Total assets less current liabilities: 13,596 25,282
Creditors: amounts falling due after more than one year: 8 ( 8,672 ) ( 11,940 )
Provision for liabilities: ( 3,019 ) ( 13,037 )
Total net assets (liabilities): 1,905 305

The notes form part of these financial statements

NINESCU SERVICES LTD

Balance sheet continued

As at 31 October 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 9 1,805 205
Shareholders funds: 1,905 305

For the year ending 31 October 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 22 November 2023
And Signed On Behalf Of The Board By:

Name: NINESCU, Andrei
Status: Director

The notes form part of these financial statements

NINESCU SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Property, Plant and Equipment outlines the accounting treatment for most types of property, plant and equipment. Property, plant and equipment is initially measured at its cost, subsequently measured either using a cost or revaluation model, and depreciated so that its depreciable amount is allocated on a systematic basis over its useful life.

    Intangible fixed assets amortisation policy

    Intangible Assets are non-monetary assets which are without physical substance and identifiable (either being separable or arising from contractual or other legal rights). Intangible assets meeting the relevant recognition criteria are initially measured at cost, subsequently measured at cost or using the revaluation model, and amortised on a systematic basis over their useful lives.

NINESCU SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 0

NINESCU SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

NINESCU SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Dividends


2023
£

2022
£
Dividends paid 1,462 1,721

NINESCU SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Intangible assets

Goodwill Total
Cost £ £
At 01 November 2022 100 100
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2023 100 100
Amortisation
Amortisation at 01 November 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 October 2023 - -
Net book value
Net book value at 31 October 2023 100 100
Net book value at 31 October 2022 100 100

NINESCU SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

6. Tangible assets

Plant & machinery Total
Cost £ £
At 01 November 2022 5,021 5,021
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2023 5,021 5,021
Depreciation
At 01 November 2022 - -
Charge for year 1,255 1,255
On disposals - -
Other adjustments - -
At 31 October 2023 1,255 1,255
Net book value
At 31 October 2023 3,766 3,766
At 31 October 2022 5,021 5,021

NINESCU SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

7.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 2,876
Other creditors 3,098
Total 5,974

NINESCU SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

8.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 8,672 11,940
Total 8,672 11,940

NINESCU SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

9. Revaluation reserve


2023
£
Balance at 01 November 2022 205
Surplus or deficit after revaluation 1,600
Balance at 31 October 2023 1,805