NAWAB PRIVATE LTD |
Notes to the Accounts |
for the period from 22 March 2022 to 31 March 2023 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Freehold buildings |
over 50 years |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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2 |
Employees |
2023 |
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Number |
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Average number of persons employed by the company |
0 |
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3 |
Creditors: amounts falling due within one year |
2023 |
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£ |
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Other creditors |
2,875 |
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4 |
Other information |
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NAWAB PRIVATE LTD is a private company limited by shares and incorporated in England. Its registered office is: |
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Suite 2, Parkway 5, Parkway Business Centre |
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300 Princess Road |
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Greater Manchester |
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England |
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M14 7HR |