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REGISTERED NUMBER: 14333732 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

2 SEPTEMBER 2022 TO 31 DECEMBER 2023

FOR

NAKSHA COLLECTIVE LTD

NAKSHA COLLECTIVE LTD (REGISTERED NUMBER: 14333732)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 2 SEPTEMBER 2022 TO 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NAKSHA COLLECTIVE LTD

COMPANY INFORMATION
FOR THE PERIOD 2 SEPTEMBER 2022 TO 31 DECEMBER 2023







DIRECTORS: S R Williams
N Ramisetty





REGISTERED OFFICE: Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE





REGISTERED NUMBER: 14333732 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

NAKSHA COLLECTIVE LTD (REGISTERED NUMBER: 14333732)

BALANCE SHEET
31 DECEMBER 2023

Notes £   
CURRENT ASSETS
Stocks 4,995
Debtors 4 17,521
Cash at bank 6,163
28,679
CREDITORS
Amounts falling due within one year 5 (82,174 )
NET CURRENT LIABILITIES (53,495 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(53,495

)

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings (53,496 )
(53,495 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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.

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 Board of Directors and authorised for issue on 2 September 2024 and were signed on its behalf by:





N Ramisetty - Director


NAKSHA COLLECTIVE LTD (REGISTERED NUMBER: 14333732)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 2 SEPTEMBER 2022 TO 31 DECEMBER 2023


1. STATUTORY INFORMATION

Naksha Collective 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover represents income received from the manufacturing and distribution of food products and is recognised when goods are received by the customer.

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
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Taxation
Taxation for the period comprises current. 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 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.

Going concern
Given the financial support provided to the company from the directors, and after reviewing the company's forecasts, the directors believe that the company has adequate resources to continue in operational existence for a period of at least 12 months from the date of the approval of these financial statements. Therefore, the directors have concluded that the going concern basis of preparation of these financial statements is appropriate.

3. EMPLOYEES

The average number of employees during the period was NIL.

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 4,646
Amounts owed by group undertakings 1,101
Other debtors 11,774
17,521

NAKSHA COLLECTIVE LTD (REGISTERED NUMBER: 14333732)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 2 SEPTEMBER 2022 TO 31 DECEMBER 2023


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 500
Other creditors 81,674
82,174