IRIS Accounts Production v24.2.0.383 05339199 director 1.4.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh053391992023-03-31053391992024-03-31053391992023-04-012024-03-31053391992022-03-31053391992022-04-012023-03-31053391992023-03-3105339199ns15:EnglandWales2023-04-012024-03-3105339199ns14:PoundSterling2023-04-012024-03-3105339199ns10:Director12023-04-012024-03-3105339199ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3105339199ns10:SmallEntities2023-04-012024-03-3105339199ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3105339199ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3105339199ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3105339199ns10:FullAccounts2023-04-012024-03-310533919912023-04-012024-03-3105339199ns10:RegisteredOffice2023-04-012024-03-3105339199ns5:CurrentFinancialInstruments2023-03-3105339199ns5:CurrentFinancialInstruments2024-03-3105339199ns5:ShareCapital2023-03-3105339199ns5:ShareCapital2024-03-3105339199ns5:RetainedEarningsAccumulatedLosses2023-03-3105339199ns5:RetainedEarningsAccumulatedLosses2024-03-3105339199ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3105339199ns5:IntangibleAssetsOtherThanGoodwill2023-03-3105339199ns5:IntangibleAssetsOtherThanGoodwill2024-03-3105339199ns5:IntangibleAssetsOtherThanGoodwill2023-03-3105339199ns5:FurnitureFittings2023-03-3105339199ns5:MotorVehicles2023-03-3105339199ns5:FurnitureFittings2023-04-012024-03-3105339199ns5:MotorVehicles2023-04-012024-03-3105339199ns5:FurnitureFittings2024-03-3105339199ns5:MotorVehicles2024-03-3105339199ns5:FurnitureFittings2023-03-3105339199ns5:MotorVehicles2023-03-3105339199ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3105339199ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 05339199 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

NANNAS LTD

NANNAS LTD (REGISTERED NUMBER: 05339199)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NANNAS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mrs C Wiseman





REGISTERED OFFICE: 61 Station Road
Sudbury
Suffolk
CO10 2SP





REGISTERED NUMBER: 05339199 (England and Wales)





ACCOUNTANTS: Seago and Stopps
Chartered Certified Accountants
61 Station Road
Sudbury
Suffolk
CO10 2SP

NANNAS LTD (REGISTERED NUMBER: 05339199)

BALANCE SHEET
31 MARCH 2024

31.3.23 31.3.24
£    £    Notes £    £   
FIXED ASSETS
- Intangible assets 4 -
28,586 Tangible assets 5 60,237
28,586 60,237

CURRENT ASSETS
1,650 Stocks 1,800
332,536 Debtors 6 370,546
482,292 Cash at bank 771,054
816,478 1,143,400
CREDITORS
127,112 Amounts falling due within one year 7 171,926
689,366 NET CURRENT ASSETS 971,474
717,952 TOTAL ASSETS LESS CURRENT
LIABILITIES

1,031,711

5,432 PROVISIONS FOR LIABILITIES 15,060
712,520 NET ASSETS 1,016,651

CAPITAL AND RESERVES
1 Called up share capital 1
712,519 Retained earnings 1,016,650
712,520 SHAREHOLDERS' FUNDS 1,016,651

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

NANNAS LTD (REGISTERED NUMBER: 05339199)

BALANCE SHEET - continued
31 MARCH 2024


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 13 August 2024 and were signed by:





Mrs C Wiseman - Director


NANNAS LTD (REGISTERED NUMBER: 05339199)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Nannas Ltd 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents the value of services provided during the year, by reference to invoiced sales and the movement between opening and closing trade debtor balances.

Intangible assets - website
Website costs have been amortised in full.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings- 15% on reducing balance
Motor vehicles- 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

NANNAS LTD (REGISTERED NUMBER: 05339199)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 58 (2023 - 50 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023
and 31 March 2024 1,599
AMORTISATION
At 1 April 2023
and 31 March 2024 1,599
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

The above costs relate to the company's website.

NANNAS LTD (REGISTERED NUMBER: 05339199)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor
Totals fittings vehicles
£    £    £   
COST
At 1 April 2023 90,800 90,800 -
Additions 47,692 1,792 45,900
At 31 March 2024 138,492 92,592 45,900
DEPRECIATION
At 1 April 2023 62,214 62,214 -
Charge for year 16,041 4,566 11,475
At 31 March 2024 78,255 66,780 11,475
NET BOOK VALUE
At 31 March 2024 60,237 25,812 34,425
At 31 March 2023 28,586 28,586 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts owed by group undertakings 362,981 327,727
Other debtors 7,565 4,809
370,546 332,536

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 136,132 106,168
Other creditors 35,794 20,944
171,926 127,112

8. ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by Mrs C Wiseman, director, as she holds 60% of the issued share capital in the company's parent company, Nannas Nurseries Limited.