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REGISTERED NUMBER: 04580671 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Nivoshan Uk Limited

Nivoshan Uk Limited (Registered number: 04580671)






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




Page

Balance Sheet 1

Notes to the Financial Statements 3


Nivoshan Uk Limited (Registered number: 04580671)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £ £
Fixed assets
Intangible assets 4 197 252
Tangible assets 5 4,455 5,941
4,652 6,193

Current assets
Debtors 6 4,142 3,859
Cash at bank 446,896 105,678
451,038 109,537
Creditors
Amounts falling due within one year 7 (182,909 ) (11,677 )
Net current assets 268,129 97,860
Total assets less current liabilities 272,781 104,053

Reserves
Retained earnings 8 272,781 104,053
Shareholders' funds 272,781 104,053

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

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

Nivoshan Uk Limited (Registered number: 04580671)

Balance Sheet - continued
30 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 Board of Directors and authorised for issue on 12 September 2024 and were signed on its behalf by:




Abdul Mohammed - Director



Habibullah Zargarzada - Director


Nivoshan Uk Limited (Registered number: 04580671)

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

1. Statutory information

Nivoshan Uk Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04580671

Registered office: 2nd Floor 78 Coombe Road
New Malden
KT3 4QS

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

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.


Nivoshan Uk Limited (Registered number: 04580671)

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

2. Accounting policies - continued
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.

3. Employees and directors

The average number of employees during the year was 2 (2022 - 2 ) .

4. Intangible fixed assets
Goodwill
£
Cost
At 1 December 2022
and 30 November 2023 7,500
Amortisation
At 1 December 2022 7,248
Charge for year 55
At 30 November 2023 7,303
Net book value
At 30 November 2023 197
At 30 November 2022 252

Nivoshan Uk Limited (Registered number: 04580671)

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

5. Tangible fixed assets
Fixtures
and Motor
fittings vehicles Totals
£ £ £
Cost
At 1 December 2022
and 30 November 2023 16,620 17,990 34,610
Depreciation
At 1 December 2022 15,165 13,504 28,669
Charge for year 364 1,122 1,486
At 30 November 2023 15,529 14,626 30,155
Net book value
At 30 November 2023 1,091 3,364 4,455
At 30 November 2022 1,455 4,486 5,941

6. Debtors: amounts falling due within one year
30.11.23 30.11.22
£ £
Trade debtors 4,142 3,859

7. Creditors: amounts falling due within one year
30.11.23 30.11.22
£ £
Trade creditors 46,198 1,200
Corporation tax 50,519 10,477
VAT 83,692 -
Accrued expenses 2,500 -
182,909 11,677

8. Reserves
Retained
earnings
£

At 1 December 2022 104,053
Profit for the year 168,728
At 30 November 2023 272,781