Company Registration No. 11785745 (England and Wales)
Negrar UK Limited
Unaudited accounts
for the year ended 31 March 2024
Negrar UK Limited
Unaudited accounts
Contents
Negrar UK Limited
Company Information
for the year ended 31 March 2024
Directors
Hilton Lewis
Leslie Jonathan Sieff
Company Number
11785745 (England and Wales)
Registered Office
11 Deerhurst Court
4 Holborn Court
London
NW7 4AZ
England
Accountants
ST Accountancy Services Ltd
6 The Square
Martlesham Heath
Suffolk
IP5 3SL
Negrar UK Limited
Statement of financial position
as at 31 March 2024
Investment property
1,062,500
1,062,500
Cash at bank and in hand
21,757
29,070
Creditors: amounts falling due within one year
(34,918)
(43,129)
Net current liabilities
(13,161)
(14,059)
Total assets less current liabilities
1,049,339
1,048,441
Creditors: amounts falling due after more than one year
(1,030,602)
(1,030,602)
Called up share capital
200
200
Profit and loss account
18,537
17,639
Shareholders' funds
18,737
17,839
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2024 and were signed on its behalf by
Hilton Lewis
Director
Company Registration No. 11785745
Negrar UK Limited
Notes to the Accounts
for the year ended 31 March 2024
Negrar UK Limited is a private company, limited by shares, registered in England and Wales, registration number 11785745. The registered office is 11 Deerhurst Court, 4 Holborn Court, London, NW7 4AZ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 April 2023
1,062,500
At 31 March 2024
1,062,500
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
211
11,911
Other creditors
33,250
19,250
6
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
1,030,602
1,030,602
Negrar UK Limited
Notes to the Accounts
for the year ended 31 March 2024
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).