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REGISTERED NUMBER: 02695083 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 27 FEBRUARY 2023

FOR

NASHMO LIMITED

NASHMO LIMITED (REGISTERED NUMBER: 02695083)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NASHMO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 27 FEBRUARY 2023







DIRECTOR: N M Shariff





SECRETARY: S Shariff





REGISTERED OFFICE: Unit 11 Olds Approach
Tolpits Lane
Watford
Hertfordshire
WD18 9QY





REGISTERED NUMBER: 02695083 (England and Wales)





ACCOUNTANTS: Auctus Accountants Ltd
2 Churchill Court
58 Station Road
Harrow
Middlesex
HA2 7SA

NASHMO LIMITED (REGISTERED NUMBER: 02695083)

BALANCE SHEET
27 FEBRUARY 2023

27.2.23 27.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,980 2,970
Investments 5 107,070 107,070
109,050 110,040

CURRENT ASSETS
Debtors 6 421,938 337,059
Cash at bank 748,588 396,565
1,170,526 733,624
CREDITORS
Amounts falling due within one year 7 144,748 2,610
NET CURRENT ASSETS 1,025,778 731,014
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,134,828

841,054

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,134,826 841,052
1,134,828 841,054

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

NASHMO LIMITED (REGISTERED NUMBER: 02695083)

BALANCE SHEET - continued
27 FEBRUARY 2023


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 director and authorised for issue on 22 November 2023 and were signed by:





N M Shariff - Director


NASHMO LIMITED (REGISTERED NUMBER: 02695083)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 FEBRUARY 2023


1. STATUTORY INFORMATION

Nashmo 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
Computer equipment - 25% on cost

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

NASHMO LIMITED (REGISTERED NUMBER: 02695083)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 27 FEBRUARY 2023


4. TANGIBLE FIXED ASSETS
Short Computer
leasehold equipment Totals
£    £    £   
COST
At 28 February 2022
and 27 February 2023 10,231 5,116 15,347
DEPRECIATION
At 28 February 2022 10,231 2,146 12,377
Charge for year - 990 990
At 27 February 2023 10,231 3,136 13,367
NET BOOK VALUE
At 27 February 2023 - 1,980 1,980
At 27 February 2022 - 2,970 2,970

5. FIXED ASSET INVESTMENTS
Listed Unlisted
investments investments Totals
£    £    £   
COST
At 28 February 2022
and 27 February 2023 7,070 100,000 107,070
NET BOOK VALUE
At 27 February 2023 7,070 100,000 107,070
At 27 February 2022 7,070 100,000 107,070

The market value of listed investments at the year end was £8,417.
Unlisted investment represents shares held in B - Social Limited. In the opinion of the director, the investment stated at cost represents fair value as at the balance sheet date.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
27.2.23 27.2.22
£    £   
Trade debtors 161,142 58,265
Amounts owed by associates 96,603 95,389
Other debtors 164,193 183,405
421,938 337,059

NASHMO LIMITED (REGISTERED NUMBER: 02695083)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 27 FEBRUARY 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
27.2.23 27.2.22
£    £   
Trade creditors 117,480 385
Taxation and social security 25,073 -
Other creditors 2,195 2,225
144,748 2,610

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 27 February 2023 and 27 February 2022:

27.2.23 27.2.22
£    £   
N M Shariff
Balance outstanding at start of year 54,243 (25,744 )
Amounts advanced - 79,987
Amounts repaid (8,027 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 46,216 54,243

Included in debtors is loan to director of £46,216 (2022 - £54,243).Interest of 2.5% is charged on the loan.