Company registration number 08591086 (England and Wales)
NINETEEN NINETY THREE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
PAGES FOR FILING WITH REGISTRAR
NINETEEN NINETY THREE LTD
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
NINETEEN NINETY THREE LTD
STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2023
31 July 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
684
1,629
Current assets
Debtors
4
28,800
15,240
Cash at bank and in hand
72,946
49,852
101,746
65,092
Creditors: amounts falling due within one year
5
(30,312)
(22,052)
Net current assets
71,434
43,040
Net assets
72,118
44,669
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
72,116
44,667
Total equity
72,118
44,669
The director of the company has elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 18 January 2024
C Howard
Director
Company Registration No. 08591086
NINETEEN NINETY THREE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
- 2 -
1
Accounting policies
Company information
Nineteen Ninety Three Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 18 The Hawthorns, Tadley, Hampshire, RG26 5FJ.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes where applicable.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures, fittings & equipment
25% straight line
Computer equipment
33% straight line.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
1
1
NINETEEN NINETY THREE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2023
- 3 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 August 2022
6,396
Additions
58
At 31 July 2023
6,454
Depreciation and impairment
At 1 August 2022
4,767
Depreciation charged in the year
1,003
At 31 July 2023
5,770
Carrying amount
At 31 July 2023
684
At 31 July 2022
1,629
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
28,800
15,240
5
Creditors: amounts falling due within one year
2023
2022
£
£
Taxation and social security
28,111
19,969
Other creditors
2,201
2,083
30,312
22,052
6
Related party transactions
At the year end the company owed £203 (2022 - £71) to the director, in respect of an interest free loan which is repayable on demand.