Nelen G Limited 12630043 false 2022-06-01 2023-05-31 2023-05-31 The principal activity of the company is Healthcare Digita Accounts Production Advanced 6.30.9574.0 true 12630043 2022-06-01 2023-05-31 12630043 2023-05-31 12630043 bus:CompanySecretaryDirector1 1 2023-05-31 12630043 bus:OrdinaryShareClass1 2023-05-31 12630043 core:CurrentFinancialInstruments 2023-05-31 12630043 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 12630043 bus:SmallEntities 2022-06-01 2023-05-31 12630043 bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 12630043 bus:FullAccounts 2022-06-01 2023-05-31 12630043 bus:SmallCompaniesRegimeForAccounts 2022-06-01 2023-05-31 12630043 bus:RegisteredOffice 2022-06-01 2023-05-31 12630043 bus:CompanySecretaryDirector1 2022-06-01 2023-05-31 12630043 bus:CompanySecretaryDirector1 1 2022-06-01 2023-05-31 12630043 bus:OrdinaryShareClass1 2022-06-01 2023-05-31 12630043 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 12630043 countries:England 2022-06-01 2023-05-31 12630043 bus:CompanySecretaryDirector1 1 2022-05-31 12630043 2021-06-01 2022-05-31 12630043 2022-05-31 12630043 bus:CompanySecretaryDirector1 1 2022-05-31 12630043 bus:OrdinaryShareClass1 2022-05-31 12630043 core:CurrentFinancialInstruments 2022-05-31 12630043 core:CurrentFinancialInstruments core:WithinOneYear 2022-05-31 12630043 bus:CompanySecretaryDirector1 1 2021-06-01 2022-05-31 12630043 bus:CompanySecretaryDirector1 1 2021-05-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 12630043

Nelen G Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 May 2023

 

Nelen G Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

Nelen G Limited

Company Information

Director

Mrs Mandinetsa Munotyiwa

Company secretary

Mrs Mandinetsa Munotyiwa

Registered office

71-75 Shelton Street
Covent Garden
London
Greater London
WC2H 9JQ

Accountants

K & N Accounting Ltd
60 Windsor Avenue
London
South West London
SW19 2RR

 

Nelen G Limited

(Registration number: 12630043)
Balance Sheet as at 31 May 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

8,425

4,805

Cash at bank and in hand

 

1,012

-

 

9,437

4,805

Creditors: Amounts falling due within one year

5

(2,876)

(506)

Net assets

 

6,561

4,299

Capital and reserves

 

Called up share capital

6

4,000

4,000

Retained earnings

2,561

299

Shareholders' funds

 

6,561

4,299

For the financial year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 29 February 2024
 

.........................................
Mrs Mandinetsa Munotyiwa
Company secretary and director

 

Nelen G Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
71-75 Shelton Street
Covent Garden
London
Greater London
WC2H 9JQ
United Kingdom

These financial statements were authorised for issue by the director on 29 February 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Nelen G Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

4

Debtors

Current

2023
£

2022
£

Other debtors

8,425

4,805

 

Nelen G Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Taxation and social security

2,876

506

6

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary of £1 each

4,000

4,000

4,000

4,000

         

7

Dividends

   

2023

 

2022

   

£

 

£

Final dividend of £10,000.00 (2022 - £3,600.00) per ordinary share

 

10,000

 

3,600

         

8

Related party transactions

 

Nelen G Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023

Transactions with the director

2023

At 1 June 2022
£

Advances to director
£

At 31 May 2023
£

Mrs Mandinetsa Munotyiwa

Advance

-

8,425

8,425

       
     

 

2022

At 1 June 2021
£

Advances to director
£

At 31 May 2022
£

Mrs Mandinetsa Munotyiwa

Advance

-

4,805

4,805

       
     

 

 

Nelen G Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023

Director's remuneration

The director's remuneration for the year was as follows:

2023
£

2022
£

Remuneration

9,100

-