Caseware UK (AP4) 2022.0.179 2022.0.179 2023-08-312023-08-312The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-10-01falseNo description of principal activity2falsetrue 12050066 2022-10-01 2023-08-31 12050066 2021-10-01 2022-09-30 12050066 2023-08-31 12050066 2022-09-30 12050066 c:Director1 2022-10-01 2023-08-31 12050066 d:FurnitureFittings 2022-10-01 2023-08-31 12050066 d:FurnitureFittings 2023-08-31 12050066 d:FurnitureFittings 2022-09-30 12050066 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-10-01 2023-08-31 12050066 d:CurrentFinancialInstruments 2023-08-31 12050066 d:CurrentFinancialInstruments 2022-09-30 12050066 d:Non-currentFinancialInstruments 2023-08-31 12050066 d:Non-currentFinancialInstruments 2022-09-30 12050066 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 12050066 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 12050066 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 12050066 d:Non-currentFinancialInstruments d:AfterOneYear 2022-09-30 12050066 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-08-31 12050066 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-09-30 12050066 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-08-31 12050066 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-09-30 12050066 d:ShareCapital 2023-08-31 12050066 d:ShareCapital 2022-09-30 12050066 d:RetainedEarningsAccumulatedLosses 2023-08-31 12050066 d:RetainedEarningsAccumulatedLosses 2022-09-30 12050066 c:FRS102 2022-10-01 2023-08-31 12050066 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-08-31 12050066 c:FullAccounts 2022-10-01 2023-08-31 12050066 c:PrivateLimitedCompanyLtd 2022-10-01 2023-08-31 iso4217:GBP xbrli:pure

Registered number: 12050066









NEST.9 LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 AUGUST 2023

 
NEST.9 LIMITED
REGISTERED NUMBER: 12050066

BALANCE SHEET
AS AT 31 AUGUST 2023

31 August
30 September
2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
11,049
12,999

  
11,049
12,999

Current assets
  

Debtors: amounts falling due within one year
 5 
55,870
-

Cash at bank and in hand
 6 
20,670
27,066

  
76,540
27,066

Creditors: amounts falling due within one year
 7 
(79,419)
(15,642)

Net current (liabilities)/assets
  
 
 
(2,879)
 
 
11,424

Total assets less current liabilities
  
8,170
24,423

Creditors: amounts falling due after more than one year
  
(7,725)
(9,625)

  

Net assets
  
445
14,798


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
345
14,698

  
445
14,798


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on
Page 1

 
NEST.9 LIMITED
REGISTERED NUMBER: 12050066
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2023

11 April 2024.




Daniel Bowie
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
NEST.9 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2023

1.


General information

Nest.9 Limited is a private limited company limited by shares, regiastered in the United Kingdom number 12050066. It's registered office is Manor House, 35 St. Thomas's Road, Chorley, Lancashire, PR7 1HP. The principal activity of the business is buying and letting of properties.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

Page 3

 
NEST.9 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
15%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
NEST.9 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the period was 2 (2022 - 2).


4.


Tangible fixed assets







Fixtures and fittings

£



Cost or valuation


At 1 October 2022
15,947



At 31 August 2023

15,947



Depreciation


At 1 October 2022
2,948


Charge for the period on owned assets
1,950



At 31 August 2023

4,898



Net book value



At 31 August 2023
11,049



At 30 September 2022
12,999


5.


Debtors

31 August
30 September
2023
2022
£
£


Other debtors
55,870
-
Page 5

 
NEST.9 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2023

5.Debtors (continued)


55,870
-



6.


Cash and cash equivalents

31 August
30 September
2023
2022
£
£

Cash at bank and in hand
20,670
27,066

20,670
27,066



7.


Creditors: Amounts falling due within one year

31 August
30 September
2023
2022
£
£

Bank loans
1,640
1,438

Trade creditors
54,919
-

Corporation tax
1,757
402

Other creditors
19,903
12,603

Accruals and deferred income
1,200
1,199

79,419
15,642



8.


Creditors: Amounts falling due after more than one year

31 August
30 September
2023
2022
£
£

Bank loans
7,725
9,625

7,725
9,625


Page 6

 
NEST.9 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2023

9.


Loans


Analysis of the maturity of loans is given below:


31 August
30 September
2023
2022
£
£

Amounts falling due within one year

Bank loans
1,640
1,438


1,640
1,438

Amounts falling due 1-2 years

Bank loans
1,640
1,438


1,640
1,438

Amounts falling due 2-5 years

Bank loans
6,084
8,186


6,084
8,186


9,364
11,062


 
Page 7