Company Registration No. 13019966 (England and Wales)
Nanoware Ltd
Unaudited accounts
for the year ended 30 November 2023
Nanoware Ltd
Unaudited accounts
Contents
Nanoware Ltd
Company Information
for the year ended 30 November 2023
Director
Muhamed Said Awadh
Company Number
13019966 (England and Wales)
Registered Office
63-66 Hatton Garden Fifth Floor
Suite 23
London
EC1N 8LE
England
Nanoware Ltd
Statement of financial position
as at 30 November 2023
Intangible assets
49,196
56,224
Tangible assets
379,303
482,749
Cash at bank and in hand
13,667
12,753
Creditors: amounts falling due within one year
(541,834)
(683,237)
Net current liabilities
(416,538)
(552,704)
Net assets/(liabilities)
11,961
(13,731)
Called up share capital
1
1
Profit and loss account
11,960
(13,732)
Shareholders' funds
11,961
(13,731)
For the year ending 30 November 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 December 2023 and were signed on its behalf by
Muhamed Said Awadh
Director
Company Registration No. 13019966
Nanoware Ltd
Notes to the Accounts
for the year ended 30 November 2023
Nanoware Ltd is a private company, limited by shares, registered in England and Wales, registration number 13019966. The registered office is 63-66 Hatton Garden Fifth Floor, Suite 23, London, EC1N 8LE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 30 November 2023
70,280
At 30 November 2023
21,084
At 30 November 2023
49,196
At 30 November 2022
56,224
Nanoware Ltd
Notes to the Accounts
for the year ended 30 November 2023
5
Tangible fixed assets
Plant & machinery
At 1 December 2022
689,641
At 30 November 2023
689,641
At 1 December 2022
206,892
Charge for the year
103,446
At 30 November 2023
310,338
At 30 November 2023
379,303
At 30 November 2022
482,749
Amounts falling due within one year
Trade debtors
50,400
60,300
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
35,475
31,500
Trade creditors
255,371
235,985
Taxes and social security
21,714
22,837
Other creditors
118,341
278,834
Loans from directors
52,453
54,947
8
Average number of employees
During the year the average number of employees was 37 (2022: 5).