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REGISTERED NUMBER: 10812750 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

NINER PRODUCTS LIMITED

NINER PRODUCTS LIMITED (REGISTERED NUMBER: 10812750)

Contents of the Financial Statements
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NINER PRODUCTS LIMITED

Company Information
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTOR: Mr Mehmet Sinan Gulener





REGISTERED OFFICE: 58 South Hill Park
Hampstead
London
NW3 2SJ





REGISTERED NUMBER: 10812750 (England and Wales)





ACCOUNTANTS: ADPL LLP
293 Green Lanes
London
N13 4XS

NINER PRODUCTS LIMITED (REGISTERED NUMBER: 10812750)

Balance Sheet
28 FEBRUARY 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,049 10,475

CURRENT ASSETS
Debtors 5 342,070 287,279
Cash at bank 326,149 316,148
668,219 603,427
CREDITORS
Amounts falling due within one year 6 154,627 182,165
NET CURRENT ASSETS 513,592 421,262
TOTAL ASSETS LESS CURRENT
LIABILITIES

526,641

431,737

PROVISIONS FOR LIABILITIES 7 2,479 1,990
NET ASSETS 524,162 429,747

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 523,162 428,747
SHAREHOLDERS' FUNDS 524,162 429,747

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 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.

NINER PRODUCTS LIMITED (REGISTERED NUMBER: 10812750)

Balance Sheet - continued
28 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 27 November 2023 and were signed by:





Mr Mehmet Sinan Gulener - Director


NINER PRODUCTS LIMITED (REGISTERED NUMBER: 10812750)

Notes to the Financial Statements
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

Niner Products 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.

In carrying out this assessment, the directors have considered the impact of the Covid-19 pandemic on the trade and finances of the company and wider group and they have taken steps to protect liquidity.

The directors are therefore satisfied that there is no significant risk to the ability of the company to continue as a going concern for at least 12 months from the date of approval of these financial statements.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

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 ) .

NINER PRODUCTS LIMITED (REGISTERED NUMBER: 10812750)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022 15,997
Additions 6,924
At 28 February 2023 22,921
DEPRECIATION
At 1 March 2022 5,522
Charge for year 4,350
At 28 February 2023 9,872
NET BOOK VALUE
At 28 February 2023 13,049
At 28 February 2022 10,475

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 342,070 287,279

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 81,268 48,924
Taxation and social security 32,890 68,227
Other creditors 40,469 65,014
154,627 182,165

7. PROVISIONS FOR LIABILITIES
28.2.23 28.2.22
£    £   
Deferred tax 2,479 1,990

Deferred
tax
£   
Balance at 1 March 2022 1,990
Provided during year 489
Balance at 28 February 2023 2,479