Company Registration No. 13844868 (England and Wales)
NK IMPORT CARS LTD
Unaudited accounts
for the year ended 31 January 2024
NK IMPORT CARS LTD
Unaudited accounts
Contents
NK IMPORT CARS LTD
Company Information
for the year ended 31 January 2024
Director
Mr Waseem Abdul Kafoor
Company Number
13844868 (England and Wales)
Registered Office
98 WELLEY ROAD
WRAYSBURY
STAINES-UPON-THAMES
TW19 5HF
ENGLAND
Accountants
Alza Accounting & Management Solutions Ltd
Office 2 , Serif House
Dudley Street
Luton
Surrey
LU2 0NT
NK IMPORT CARS LTD
Statement of financial position
as at 31 January 2024
Tangible assets
2,182
2,728
Cash at bank and in hand
2,250
1,750
Creditors: amounts falling due within one year
(53,410)
(43,813)
Net current assets/(liabilities)
400
(703)
Called up share capital
100
100
Profit and loss account
2,482
1,925
Shareholders' funds
2,582
2,025
For the year ending 31 January 2024 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 5 February 2024 and were signed on its behalf by
Mr Waseem Abdul Kafoor
Director
Company Registration No. 13844868
NK IMPORT CARS LTD
Notes to the Accounts
for the year ended 31 January 2024
NK IMPORT CARS LTD is a private company, limited by shares, registered in England and Wales, registration number 13844868. The registered office is 98 WELLEY ROAD, WRAYSBURY, STAINES-UPON-THAMES, TW19 5HF, ENGLAND.
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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:
Fixtures & fittings
20 % Reducing balance
Computer equipment
20 % Reducing balance
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
2,150
1,260
3,410
At 31 January 2024
2,150
1,260
3,410
At 1 February 2023
430
252
682
Charge for the year
344
202
546
At 31 January 2024
774
454
1,228
At 31 January 2024
1,376
806
2,182
At 31 January 2023
1,720
1,008
2,728
Amounts falling due after more than one year
NK IMPORT CARS LTD
Notes to the Accounts
for the year ended 31 January 2024
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
15,631
7,689
Loans from directors
36,459
35,761
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 1 (2023: 1).