Nadiya J Hussain Ltd 9869313 false 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is media activities and the provision of related services in respect of the preparation of baked food products. Digita Accounts Production Advanced 6.30.9574.0 true 9869313 2022-12-01 2023-11-30 9869313 2023-11-30 9869313 core:CurrentFinancialInstruments 2023-11-30 9869313 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 9869313 core:FurnitureFittingsToolsEquipment 2023-11-30 9869313 core:MotorVehicles 2023-11-30 9869313 bus:SmallEntities 2022-12-01 2023-11-30 9869313 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 9869313 bus:FilletedAccounts 2022-12-01 2023-11-30 9869313 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 9869313 bus:RegisteredOffice 2022-12-01 2023-11-30 9869313 bus:Director1 2022-12-01 2023-11-30 9869313 bus:Director2 2022-12-01 2023-11-30 9869313 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 9869313 core:FurnitureFittingsToolsEquipment 2022-12-01 2023-11-30 9869313 core:MotorVehicles 2022-12-01 2023-11-30 9869313 countries:EnglandWales 2022-12-01 2023-11-30 9869313 2022-11-30 9869313 core:FurnitureFittingsToolsEquipment 2022-11-30 9869313 core:MotorVehicles 2022-11-30 9869313 2021-12-01 2022-11-30 9869313 2022-11-30 9869313 core:CurrentFinancialInstruments 2022-11-30 9869313 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 9869313 core:FurnitureFittingsToolsEquipment 2022-11-30 9869313 core:MotorVehicles 2022-11-30 iso4217:GBP xbrli:pure

Registration number: 9869313

Nadiya J Hussain Ltd

Unaudited Filleted Financial Statements

for the Year Ended 30 November 2023

 

Nadiya J Hussain Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

Nadiya J Hussain Ltd

Company Information

Directors

Mrs N J Hussain

Mr A Hussain

Registered office

3rd Floor
Lawford House
Albert Place
London
N3 1QA

Accountants

Sterlings Ltd
Chartered Accountants
Lawford House
Albert Place
London
N3 1QA

 

Nadiya J Hussain Ltd

(Registration number: 9869313)
Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

53,859

4,868

Investment properties

5

1,004,438

652,706

 

1,058,297

657,574

Current assets

 

Debtors

6

12,304

35,884

Cash at bank and in hand

 

632,002

695,652

 

644,306

731,536

Creditors: Amounts falling due within one year

7

(108,051)

(127,552)

Net current assets

 

536,255

603,984

Net assets

 

1,594,552

1,261,558

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

1,594,452

1,261,458

Shareholders' funds

 

1,594,552

1,261,558

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 12 August 2024 and signed on its behalf by:
 

 

Nadiya J Hussain Ltd

(Registration number: 9869313)
Balance Sheet as at 30 November 2023

.........................................
Mrs N J Hussain
Director

.........................................
Mr A Hussain
Director

 

Nadiya J Hussain Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
3rd Floor
Lawford House
Albert Place
London
N3 1QA

These financial statements were authorised for issue by the Board on 12 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

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

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Nadiya J Hussain Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furniture, fittings and equipment

25% on reducing balance

Motor vehicles

25% on reducing balance

Investment properties

Investment properties are recognised at fair value. Any surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Classification
The company only enters into basic financial instruments that result in the recognition of financial assets or liabilities like trade debtors, other debtors, trade creditors and other creditors, loans from banks or other third parties and loans to/from related parties.

 Recognition and measurement
Debt instruments that constitute a financing transaction are initially measured at fair value of future payments and subsequently at amortised cost using effective interest method. Debt instruments which are payable or receivable within one year such as trade debtors or trade creditors are measured, initially and subsequently at the undiscounted amount of the cash or other consideration expected to be paid or received.

 Impairment
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit & loss account.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2022 - 2).

 

Nadiya J Hussain Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 December 2022

14,378

-

14,378

Additions

2,355

64,590

66,945

At 30 November 2023

16,733

64,590

81,323

Depreciation

At 1 December 2022

9,510

-

9,510

Charge for the year

1,806

16,148

17,954

At 30 November 2023

11,316

16,148

27,464

Carrying amount

At 30 November 2023

5,417

48,442

53,859

At 30 November 2022

4,868

-

4,868

5

Investment properties

2023
£

At 1 December 2022

652,706

Additions

351,732

At 30 November 2023

1,004,438

The directors consider that the valuation of the company's investment properties, as at the balance sheet date, was not materially different to the above.

6

Debtors

Current

2023
£

2022
£

Prepayments and accrued income

12,004

35,384

Other debtors

300

500

 

12,304

35,884

 

Nadiya J Hussain Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

7

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Taxation and social security

104,914

120,590

Accruals and deferred income

2,825

6,650

Other creditors

312

312

108,051

127,552

8

Related party transactions

During the year, the company acquired a property from the directors for the sum of £330,000 excluding costs.

As at the balance sheet date, the company owed Mrs N J Hussain, a director of the company, the sum of £312 (2022 - £312).