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REGISTERED NUMBER: 08707043 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

Neekan Limited

Neekan Limited (Registered number: 08707043)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

Neekan Limited

Company Information
for the Year Ended 30 September 2023







DIRECTOR: A SafizadehAmzajerdi





REGISTERED OFFICE: 10 Bath Road
Cheltenham
Gloucestershire
GL53 7HA





REGISTERED NUMBER: 08707043 (England and Wales)





ACCOUNTANTS: ADM Accountancy Services Ltd
Homelands Commercial Centre
Vale Road
Bishops Cleeve
Cheltenham
Gloucestershire
GL52 8PX

Neekan Limited (Registered number: 08707043)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 139 570
Investment property 5 283,250 283,250
283,389 283,820

CURRENT ASSETS
Debtors 6 25,141 1,056
Cash at bank 199 238
25,340 1,294
CREDITORS
Amounts falling due within one year 7 284,030 264,758
NET CURRENT LIABILITIES (258,690 ) (263,464 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,699

20,356

CREDITORS
Amounts falling due after more than one
year

8

2,557

5,473
NET ASSETS 22,142 14,883

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 22,042 14,783
SHAREHOLDERS' FUNDS 22,142 14,883

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Neekan Limited (Registered number: 08707043)

Balance Sheet - continued
30 September 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 April 2024 and were signed by:





A SafizadehAmzajerdi - Director


Neekan Limited (Registered number: 08707043)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Neekan Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022
and 30 September 2023 3,570
DEPRECIATION
At 1 October 2022 3,000
Charge for year 431
At 30 September 2023 3,431
NET BOOK VALUE
At 30 September 2023 139
At 30 September 2022 570

Neekan Limited (Registered number: 08707043)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2022
and 30 September 2023 283,250
NET BOOK VALUE
At 30 September 2023 283,250
At 30 September 2022 283,250

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 24,812 -
Other debtors 329 1,056
25,141 1,056

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans and overdrafts 1,456 -
Trade creditors 2,000 148
Taxation and social security 1,804 1,073
Other creditors 278,770 263,537
284,030 264,758

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.9.22
£    £   
Bank loans 2,557 5,473

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The company is under the control of Mr SafizadehAmzajerdi, who is the managing director and sole shareholder. At the balance sheet date the company owed £273,681 to Mr SafizadehAmzajerdi. No interest has been charged on this loan and it is repayable on demand.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A SafizadehAmzajerdi.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Neekan Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Neekan Limited for the year ended 30 September 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.

This report is made solely to the director of Neekan Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Neekan Limited and state those matters that we have agreed to state to the director of Neekan Limited in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Neekan Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Neekan Limited. You consider that Neekan Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Neekan Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






ADM Accountancy Services Ltd
Homelands Commercial Centre
Vale Road
Bishops Cleeve
Cheltenham
Gloucestershire
GL52 8PX


Date: .............................................