NEDBUY LTD

Company Registration Number:
10232102 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

NEDBUY LTD

Contents of the Financial Statements

for the Period Ended 30 June 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

NEDBUY LTD

Company Information

for the Period Ended 30 June 2023




Director: Nedelin Panchev
Registered office: 3a Windmill Cottages
Baltimore Road
Baltimore Trading Estate
Birmingham
England
B42 1DD
Company Registration Number: 10232102 (England and Wales)

NEDBUY LTD

Balance sheet

As at 30 June 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 4 3,362 6,039
Cash at bank and in hand: 6,629 6,462
Total current assets: 9,991 12,501
Creditors: amounts falling due within one year: 5 ( 150 ) ( 150 )
Net current assets (liabilities): 9,841 12,351
Total assets less current liabilities: 9,841 12,351
Creditors: amounts falling due after more than one year: 6 ( 9,256 ) ( 12,250 )
Total net assets (liabilities): 585 101

The notes form part of these financial statements

NEDBUY LTD

Balance sheet continued

As at 30 June 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 485 1
Shareholders funds: 585 101

For the year ending 30 June 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 4 February 2024
And Signed On Behalf Of The Board By:

Name: Nedelin Panchev
Status: Director

The notes form part of these financial statements

NEDBUY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover
    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added
    tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such
    that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by
    reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs
    incurred for work performed to date to the total estimated contract costs.

    Other accounting policies

    Deferred taxation Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

NEDBUY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

NEDBUY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 3. Off balance sheet disclosure

    No

NEDBUY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Debtors


2023
£

2022
£
Other debtors 3,362 6,039
Total 3,362 6,039

NEDBUY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Accruals and deferred income 150 150
Total 150 150

NEDBUY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

6.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 9,256 12,250
Total 9,256 12,250