IRIS Accounts Production v24.2.0.383 11055511 director 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh110555112022-11-30110555112023-11-30110555112022-12-012023-11-30110555112021-11-30110555112021-12-012022-11-30110555112022-11-3011055511ns15:EnglandWales2022-12-012023-11-3011055511ns14:PoundSterling2022-12-012023-11-3011055511ns10:Director12022-12-012023-11-3011055511ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3011055511ns10:SmallEntities2022-12-012023-11-3011055511ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3011055511ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3011055511ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3011055511ns10:FullAccounts2022-12-012023-11-3011055511ns10:RegisteredOffice2022-12-012023-11-3011055511ns5:CurrentFinancialInstruments2023-11-3011055511ns5:CurrentFinancialInstruments2022-11-3011055511ns5:Non-currentFinancialInstruments2023-11-3011055511ns5:Non-currentFinancialInstruments2022-11-3011055511ns5:ShareCapital2023-11-3011055511ns5:ShareCapital2022-11-3011055511ns5:RetainedEarningsAccumulatedLosses2023-11-3011055511ns5:RetainedEarningsAccumulatedLosses2022-11-3011055511ns5:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3011055511ns5:PatentsTrademarksLicencesConcessionsSimilar2022-12-012023-11-3011055511ns5:PlantMachinery2022-11-3011055511ns5:PlantMachinery2022-12-012023-11-3011055511ns5:PlantMachinery2023-11-3011055511ns5:PlantMachinery2022-11-3011055511ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3011055511ns5:WithinOneYearns5:CurrentFinancialInstruments2022-11-30110555111ns10:Director12022-11-30110555111ns10:Director12021-11-30110555111ns10:Director12022-12-012023-11-30110555111ns10:Director12021-12-012022-11-30110555111ns10:Director12023-11-30110555111ns10:Director12022-11-30
REGISTERED NUMBER: 11055511 (England and Wales)
















Unaudited Financial Statements

for the Year Ended 30th November 2023

for

Nacass Ltd

Nacass Ltd (Registered number: 11055511)






Contents of the Financial Statements
for the Year Ended 30th November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Nacass Ltd

Company Information
for the Year Ended 30th November 2023







DIRECTOR: N A Cassar





REGISTERED OFFICE: Delmon House
36-38 Church Road
Burgess Hill
West Sussex
RH15 9AE





REGISTERED NUMBER: 11055511 (England and Wales)





ACCOUNTANTS: Sigma Partners
Delmon House
36-38 Church Road
Burgess Hill
West Sussex
RH15 9AE

Nacass Ltd (Registered number: 11055511)

Balance Sheet
30th November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 482 719

CURRENT ASSETS
Debtors 5 12,648 5,743
Cash at bank 8,040 33,486
20,688 39,229
CREDITORS
Amounts falling due within one year 6 7,538 10,035
NET CURRENT ASSETS 13,150 29,194
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,632

29,913

CREDITORS
Amounts falling due after more than one
year

7

23,437

29,775
NET (LIABILITIES)/ASSETS (9,805 ) 138

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (9,905 ) 38
(9,805 ) 138

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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.

Nacass Ltd (Registered number: 11055511)

Balance Sheet - continued
30th November 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 28th August 2024 and were signed by:





N A Cassar - Director


Nacass Ltd (Registered number: 11055511)

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

1. STATUTORY INFORMATION

Nacass 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.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences have been fully amortised in the current year.

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

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.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Nacass Ltd (Registered number: 11055511)

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

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 1st December 2022
and 30th November 2023 3,168
DEPRECIATION
At 1st December 2022 2,449
Charge for year 237
At 30th November 2023 2,686
NET BOOK VALUE
At 30th November 2023 482
At 30th November 2022 719

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 12,648 5,743

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 6,338 5,972
Taxation and social security - (7 )
Other creditors 1,200 4,070
7,538 10,035

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 23,437 29,775

Nacass Ltd (Registered number: 11055511)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2023 2022
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 1,947

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
bank loan 29,775 35,747

Security is held by the bank in the form of a fixed and floating charge over all assets of the company.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th November 2023 and 30th November 2022:

2023 2022
£    £   
N A Cassar
Balance outstanding at start of year 4,929 (156 )
Amounts advanced 8,828 21,485
Amounts repaid (1,109 ) (16,400 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 12,648 4,929