Nemuca Limited 08728042 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is information technology consultancy services. Digita Accounts Production Advanced 6.30.9574.0 true 08728042 2023-04-01 2024-03-31 08728042 2024-03-31 08728042 core:CurrentFinancialInstruments 2024-03-31 08728042 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 08728042 core:OfficeEquipment 2024-03-31 08728042 1 2024-03-31 08728042 bus:SmallEntities 2023-04-01 2024-03-31 08728042 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 08728042 bus:FilletedAccounts 2023-04-01 2024-03-31 08728042 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08728042 bus:RegisteredOffice 2023-04-01 2024-03-31 08728042 bus:Director1 2023-04-01 2024-03-31 08728042 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08728042 core:OfficeEquipment 2023-04-01 2024-03-31 08728042 1 2023-04-01 2024-03-31 08728042 countries:EnglandWales 2023-04-01 2024-03-31 08728042 1 2023-04-01 2024-03-31 08728042 2023-03-31 08728042 core:OfficeEquipment 2023-03-31 08728042 1 2023-03-31 08728042 2021-11-01 2023-03-31 08728042 2023-03-31 08728042 core:CurrentFinancialInstruments 2023-03-31 08728042 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 08728042 core:OfficeEquipment 2023-03-31 08728042 1 2023-03-31 08728042 1 2021-11-01 2023-03-31 08728042 1 2021-10-31 iso4217:GBP xbrli:pure

Registration number: 08728042

Nemuca Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Nemuca Limited

Contents
for the Year Ended 31 March 2024

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Nemuca Limited

Company Information
for the Year Ended 31 March 2024

Director

N Carter

Registered office

St. Stephens House
Arthur Road
Windsor
Berkshire
SL4 1RU

Registered number

08728042 ( England and Wales )

Accountants

Windsor Accountancy Limited
Chartered Certified Accountants
St Stephens House
Arthur Road
Windsor
Berkshire
SL4 1RU

 

Nemuca Limited

(Registration number: 08728042)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

937

396

Current assets

 

Debtors

5

24,180

6,000

Cash at bank and in hand

 

61,143

12,100

 

85,323

18,100

Creditors: Amounts falling due within one year

6

(30,106)

(5,797)

Net current assets

 

55,217

12,303

Net assets

 

56,154

12,699

Capital and reserves

 

Called up share capital

100

100

Retained earnings

56,054

12,599

Shareholders' funds

 

56,154

12,699

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 1 July 2024
 

.........................................
N Carter
Director

   
     
 

Nemuca Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

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:
St. Stephens House
Arthur Road
Windsor
Berkshire
SL4 1RU
England

These financial statements were authorised for issue by the director on 1 July 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.

Disclosure of long or short period

The figures presented in the financial statements represent the 12 month period ended 31 March 2024. The comparative figures represent the 17 month period ended 31 March 2023.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

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.

 

Nemuca Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

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.

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

Office equipment

33% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables. Amounts classified as receivable within one year are not amortised.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Nemuca Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 April 2023

750

750

Additions

880

880

At 31 March 2024

1,630

1,630

Depreciation

At 1 April 2023

354

354

Charge for the year

339

339

At 31 March 2024

693

693

Carrying amount

At 31 March 2024

937

937

At 31 March 2023

396

396

5

Debtors

Current

2024
£

2023
£

Trade debtors

24,180

-

Other debtors

-

6,000

 

24,180

6,000

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

29,349

2,862

Accruals and deferred income

393

1,740

Other creditors

364

1,195

30,106

5,797

 

Nemuca Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

7

Related party transactions

2024

At 1 April 2023
£

Advances to director
£

Repayments by director
£

At 31 March 2024
£

Advances and credits

(1,195)

18,034

(17,203)

(364)

 

2023

At 1 November 2021
£

Repayments by director
£

At 31 March 2023
£

Advances and credits

100

(1,295)

(1,195)

 

Other transactions with the director

The balance due to the director at the year end was free of interest and deemed repayable on demand.