IRIS Accounts Production v24.2.0.383 14188606 director 1.7.23 30.6.24 30.6.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh141886062023-06-30141886062024-06-30141886062023-07-012024-06-30141886062022-06-21141886062022-06-222023-06-30141886062023-06-3014188606ns15:EnglandWales2023-07-012024-06-3014188606ns14:PoundSterling2023-07-012024-06-3014188606ns10:Director12023-07-012024-06-3014188606ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3014188606ns10:SmallEntities2023-07-012024-06-3014188606ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3014188606ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3014188606ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3014188606ns10:AbridgedAccounts2023-07-012024-06-3014188606ns10:RegisteredOffice2023-07-012024-06-3014188606ns5:CurrentFinancialInstruments2024-06-3014188606ns5:CurrentFinancialInstruments2023-06-3014188606ns5:Non-currentFinancialInstruments2024-06-3014188606ns5:Non-currentFinancialInstruments2023-06-3014188606ns5:ShareCapital2024-06-3014188606ns5:ShareCapital2023-06-3014188606ns5:RetainedEarningsAccumulatedLosses2024-06-3014188606ns5:RetainedEarningsAccumulatedLosses2023-06-3014188606ns5:Secured2024-06-3014188606ns5:Secured2023-06-30
REGISTERED NUMBER: 14188606 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Nanogift Limited

Nanogift Limited (Registered number: 14188606)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Nanogift Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: G S Tarrant





REGISTERED OFFICE: 61 Baring Road
London
SE12 0JS





REGISTERED NUMBER: 14188606 (England and Wales)





ACCOUNTANTS: Burnbecks Limited
Chartered Certified Accountants
2B Haddo Street
Greenwich
London
SE10 9RN

Nanogift Limited (Registered number: 14188606)

Abridged Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 290,000 298,184

CURRENT ASSETS
Cash at bank 1,020 298

CREDITORS
Amounts falling due within one year 106,496 106,430
NET CURRENT LIABILITIES (105,476 ) (106,132 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

184,524

192,052

CREDITORS
Amounts falling due after more than one
year

5

197,333

197,333
NET LIABILITIES (12,809 ) (5,281 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (12,909 ) (5,381 )
(12,809 ) (5,281 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

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

Nanogift Limited (Registered number: 14188606)

Abridged Balance Sheet - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 2 August 2024 and were signed by:





G S Tarrant - Director


Nanogift Limited (Registered number: 14188606)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Nanogift 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of rents received.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 298,184
Impairments (8,184 )
At 30 June 2024 290,000
NET BOOK VALUE
At 30 June 2024 290,000
At 30 June 2023 298,184

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2024 (8,184 )
Cost 298,184
290,000

Nanogift Limited (Registered number: 14188606)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
FIVE YEARS
30.6.24 30.6.23
£    £   
Repayable by instalments
Bank loans > 5 years 197,333 197,333

6. SECURED DEBTS

The following secured debts are included within creditors:

30.6.24 30.6.23
£    £   
Bank loans 197,333 197,333

Paragon Bank PLC have the benefit of a legal charge, dated 13 December 2022, and secured over the investment property.