IRIS Accounts Production v24.1.9.2 10408393 Board of Directors 1.8.22 31.7.23 31.7.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh104083932022-07-31104083932023-07-31104083932022-08-012023-07-31104083932021-07-31104083932021-08-012022-07-31104083932022-07-3110408393ns15:EnglandWales2022-08-012023-07-3110408393ns14:PoundSterling2022-08-012023-07-3110408393ns10:Director12022-08-012023-07-3110408393ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3110408393ns10:SmallEntities2022-08-012023-07-3110408393ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3110408393ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3110408393ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3110408393ns10:FullAccounts2022-08-012023-07-3110408393ns10:OrdinaryShareClass12022-08-012023-07-3110408393ns10:Director22022-08-012023-07-3110408393ns10:CompanySecretary12022-08-012023-07-3110408393ns10:CompanySecretary22022-08-012023-07-3110408393ns10:RegisteredOffice2022-08-012023-07-3110408393ns5:CurrentFinancialInstruments2023-07-3110408393ns5:CurrentFinancialInstruments2022-07-3110408393ns5:Non-currentFinancialInstruments2023-07-3110408393ns5:Non-currentFinancialInstruments2022-07-3110408393ns5:ShareCapital2023-07-3110408393ns5:ShareCapital2022-07-3110408393ns5:RetainedEarningsAccumulatedLosses2023-07-3110408393ns5:RetainedEarningsAccumulatedLosses2022-07-3110408393ns5:ShortLeaseholdAssetsns5:LandBuildings2022-08-012023-07-3110408393ns5:FurnitureFittings2022-08-012023-07-3110408393ns5:ComputerEquipment2022-08-012023-07-3110408393ns5:ShortLeaseholdAssetsns5:LandBuildings2022-07-3110408393ns5:FurnitureFittings2022-07-3110408393ns5:ComputerEquipment2022-07-3110408393ns5:ShortLeaseholdAssetsns5:LandBuildings2023-07-3110408393ns5:FurnitureFittings2023-07-3110408393ns5:ComputerEquipment2023-07-3110408393ns5:ShortLeaseholdAssetsns5:LandBuildings2022-07-3110408393ns5:FurnitureFittings2022-07-3110408393ns5:ComputerEquipment2022-07-3110408393ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3110408393ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-3110408393ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-07-3110408393ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-07-3110408393ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-07-3110408393ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-07-3110408393ns10:OrdinaryShareClass12023-07-31
REGISTERED NUMBER: 10408393 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

NEK FAMILY LIMITED

NEK FAMILY LIMITED (REGISTERED NUMBER: 10408393)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NEK FAMILY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: Mr V N Constantinou
Mrs M Constantinou





SECRETARIES: Mr V N Constantinou
Mrs M Constantinou





REGISTERED OFFICE: Fairley House
Andrews Lane
Cheshunt
Hertfordshire
EN7 6LB





REGISTERED NUMBER: 10408393 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

NEK FAMILY LIMITED (REGISTERED NUMBER: 10408393)

BALANCE SHEET
31 JULY 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 59,734 74,520

CURRENT ASSETS
Debtors 5 8,395 19,934
Cash at bank and in hand 39,626 21,052
48,021 40,986
CREDITORS
Amounts falling due within one year 6 38,233 38,981
NET CURRENT ASSETS 9,788 2,005
TOTAL ASSETS LESS CURRENT
LIABILITIES

69,522

76,525

CREDITORS
Amounts falling due after more than one
year

7

11,722

23,695
NET ASSETS 57,800 52,830

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 57,798 52,828
SHAREHOLDERS' FUNDS 57,800 52,830

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

NEK FAMILY LIMITED (REGISTERED NUMBER: 10408393)

BALANCE SHEET - continued
31 JULY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by:





Mrs M Constantinou - Director


NEK FAMILY LIMITED (REGISTERED NUMBER: 10408393)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023


1. STATUTORY INFORMATION

NEK Family 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 represents amounts derived from the provision of services to customers during the year, and is recognised at the date the service was provided. This is stated after trade discounts 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.
Short leasehold - 10% straight line
Fixtures and fittings - 20% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2022 - 22 ) .

NEK FAMILY LIMITED (REGISTERED NUMBER: 10408393)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


4. TANGIBLE FIXED ASSETS
Fixtures
Short and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 August 2022 97,148 48,286 - 145,434
Additions - 499 1,397 1,896
At 31 July 2023 97,148 48,785 1,397 147,330
DEPRECIATION
At 1 August 2022 48,601 22,313 - 70,914
Charge for year 9,715 6,618 349 16,682
At 31 July 2023 58,316 28,931 349 87,596
NET BOOK VALUE
At 31 July 2023 38,832 19,854 1,048 59,734
At 31 July 2022 48,547 25,973 - 74,520

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Other debtors - 13,862
Prepayments and accrued income 8,395 6,072
8,395 19,934

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 7,350 7,350
Tax 6,094 1,354
Social security and other taxes - 5,257
Pension 1,457 775
Accrued expenses 23,332 24,245
38,233 38,981

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£    £   
Bank loans - 1-2 years 7,350 7,350
Bank loans - 2-5 years 4,372 16,345
11,722 23,695

NEK FAMILY LIMITED (REGISTERED NUMBER: 10408393)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
2 Ordinary 1 2 2