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REGISTERED NUMBER: 10812750 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2024

for

NINER PRODUCTS LIMITED

NINER PRODUCTS LIMITED (REGISTERED NUMBER: 10812750)

Contents of the Financial Statements
FOR THE YEAR ENDED 28 FEBRUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NINER PRODUCTS LIMITED

Company Information
FOR THE YEAR ENDED 28 FEBRUARY 2024







DIRECTOR: Mr Mehmet Sinan Gulener





REGISTERED OFFICE: 58 South Hill Park
Hampstead
London
NW3 2SJ





REGISTERED NUMBER: 10812750 (England and Wales)





ACCOUNTANTS: ADPL LLP
293 Green Lanes
London
N13 4XS

NINER PRODUCTS LIMITED (REGISTERED NUMBER: 10812750)

Balance Sheet
28 FEBRUARY 2024

28.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,435 13,049

CURRENT ASSETS
Debtors 5 408,602 342,070
Cash at bank 321,563 326,149
730,165 668,219
CREDITORS
Amounts falling due within one year 6 129,778 154,627
NET CURRENT ASSETS 600,387 513,592
TOTAL ASSETS LESS CURRENT
LIABILITIES

611,822

526,641

PROVISIONS FOR LIABILITIES 7 2,173 2,479
NET ASSETS 609,649 524,162

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 608,649 523,162
SHAREHOLDERS' FUNDS 609,649 524,162

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2024 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.

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 6 August 2024 and were signed by:



Mr Mehmet Sinan Gulener - Director


NINER PRODUCTS LIMITED (REGISTERED NUMBER: 10812750)

Notes to the Financial Statements
FOR THE YEAR ENDED 28 FEBRUARY 2024


1. STATUTORY INFORMATION

Niner Products 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.

In carrying out this assessment, the directors have considered the impact of the Covid-19 pandemic on the trade and finances of the company and wider group and they have taken steps to protect liquidity.

The directors are therefore satisfied that there is no significant risk to the ability of the company to continue as a going concern for at least 12 months from the date of approval of these financial statements.

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 - 25% on reducing balance

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 2 (2023 - 2 ) .

NINER PRODUCTS LIMITED (REGISTERED NUMBER: 10812750)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 28 FEBRUARY 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 22,921
Additions 2,198
At 28 February 2024 25,119
DEPRECIATION
At 1 March 2023 9,872
Charge for year 3,812
At 28 February 2024 13,684
NET BOOK VALUE
At 28 February 2024 11,435
At 28 February 2023 13,049

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Trade debtors 408,602 342,070

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Trade creditors 56,025 81,268
Taxation and social security 72,652 32,890
Other creditors 1,101 40,469
129,778 154,627

7. PROVISIONS FOR LIABILITIES
28.2.24 28.2.23
£    £   
Deferred tax 2,173 2,479

Deferred
tax
£   
Balance at 1 March 2023 2,479
Provided during year (306 )
Balance at 28 February 2024 2,173