1 December 2021 false No description of principal activity Taxfiler 2023.12 11062673business:PrivateLimitedCompanyLtd2021-12-012022-11-30 110626732021-11-30 110626732021-12-012022-11-30 11062673business:AuditExempt-NoAccountantsReport2021-12-012022-11-30 11062673business:FilletedAccounts2021-12-012022-11-30 110626732022-11-30 11062673business:Director12021-12-012022-11-30 11062673business:Director22021-12-012022-11-30 11062673business:RegisteredOffice2021-12-012022-11-30 110626732021-11-30 11062673core:WithinOneYear2022-11-30 11062673core:WithinOneYear2021-11-30 11062673core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 11062673core:ShareCapitalcore:PreviouslyStatedAmount2021-11-30 11062673core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 11062673core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-11-30 11062673core:PreviouslyStatedAmount2022-11-30 11062673core:PreviouslyStatedAmount2021-11-30 11062673business:SmallEntities2021-12-012022-11-30 11062673countries:EnglandWales2021-12-012022-11-30 110626732020-12-012021-11-30 iso4217:GBP xbrli:pure
Company Registration No. 11062673 (England and Wales)
Niab Ventures Ltd Unaudited accounts for the year ended 30 November 2022
Niab Ventures Ltd Unaudited accounts Contents
Page
- 2 -
Niab Ventures Ltd Company Information for the year ended 30 November 2022
Directors
Mrs. Nithashi ABUBAID Mr. Abubaid Mohamed IRFAN
Company Number
11062673 (England and Wales)
Registered Office
TIMBERLEY WESTBURY ROAD BROMLEY BR1 2QB ENGLAND
Accountants
Metropolitan Accountants Ltd Phoenix Business Centre Office 10, Rosslyn Crescent Harrow Middlesex HA1 2SP
- 3 -
Niab Ventures Ltd Statement of financial position as at 30 November 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Investment property
484,096 
484,096 
Current assets
Cash at bank and in hand
94 
166 
Creditors: amounts falling due within one year
(494,264)
(492,824)
Net current liabilities
(494,170)
(492,658)
Net liabilities
(10,074)
(8,562)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(10,076)
(8,564)
Shareholders' funds
(10,074)
(8,562)
For the year ending 30 November 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 9 February 2024 and were signed on its behalf by
Mrs. Nithashi ABUBAID Director Company Registration No. 11062673
- 4 -
Niab Ventures Ltd Notes to the Accounts for the year ended 30 November 2022
1
Statutory information
Niab Ventures Ltd is a private company, limited by shares, registered in England and Wales, registration number 11062673. The registered office is TIMBERLEY, WESTBURY ROAD, BROMLEY, BR1 2QB, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2022 
£ 
Fair value at 1 December 2021
484,096 
At 30 November 2022
484,096 
5
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Loans from directors
492,356 
491,516 
Accruals
1,908 
1,308 
494,264 
492,824 
6
Average number of employees
During the year the average number of employees was 0 (2021: 0).
- 5 -