Registered number
12491305
Nekta Limited
Unaudited Filleted Accounts
28 February 2023
Nekta Limited
Registered number: 12491305
Balance Sheet
as at 28 February 2023
Notes 2023 2022
£ £
Current assets
Debtors 3 - 73,191
Cash at bank and in hand 1,061 78,286
1,061 151,477
Creditors: amounts falling due within one year 4 38,112 (12,307)
Net current assets 39,173 139,170
Net assets 39,173 139,170
Capital and reserves
Called up share capital 100 100
Profit and loss account 39,073 139,070
Shareholders' funds 39,173 139,170
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Ben Schofield
Director
Approved by the board on 22 November 2023
Nekta Limited
Notes to the Accounts
for the year ended 28 February 2023
1 Accounting policies
Basis of preparation
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Research and development
Expenditure on research and development is written off as incurred.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2023 2022
£ £
Trade debtors - 70,745
Other debtors - 2,446
- 73,191
4 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 1,131 19,234
Corporation tax (69,794) (38,446)
Other taxes and social security costs (628) 30,769
Other creditors 31,179 750
(38,112) 12,307
5 Other information
Nekta Limited is a private company limited by shares and incorporated in England. Its registered office is:
2 Hinksey Court
Church Way
Oxford
Oxfordshire
OX2 9SX
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