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
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
Niab Ventures Ltd
Statement of financial position
as at 30 November 2022
Investment property
484,096
484,096
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)
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
Niab Ventures Ltd
Notes to the Accounts
for the year ended 30 November 2022
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.
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.
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
6
Average number of employees
During the year the average number of employees was 0 (2021: 0).