Nanda UK Holdings Limited |
Registered number: |
13509475 |
Balance Sheet |
as at 31 July 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Fixed assets |
Investments |
3 |
|
|
425 |
|
|
300 |
|
Current assets |
Debtors |
4 |
|
73,905 |
|
|
- |
Cash at bank and in hand |
|
|
7,079 |
|
|
68,732 |
|
|
|
80,984 |
|
|
68,732 |
|
Creditors: amounts falling due within one year |
5 |
|
(82,550) |
|
|
(69,550) |
|
Net current liabilities |
|
|
|
(1,566) |
|
|
(818) |
|
Net liabilities |
|
|
|
(1,141) |
|
|
(518) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
(1,241) |
|
|
(618) |
|
Shareholders' funds |
|
|
|
(1,141) |
|
|
(518) |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
Jagjit Singh Nanda |
Director |
Approved by the board on 3 October 2024 |
|
Nanda UK Holdings Limited |
Notes to the Accounts |
for the year ended 31 July 2023 |
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Going Concern |
|
The accounts are prepared on a going concern basis notwithstanding the fact that the company balance sheet has a negative equity. The company director, who is owed by the company will not recall loan owed to him until the company turns into profitability and financially able to repay. Also, the company is in agreement with the creditors and director will continue to provide financial support to the company. |
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
3 |
Investments |
Investments in |
subsidiary |
|
£ |
|
Cost |
|
At 1 August 2022 |
300 |
|
Additions |
125 |
|
|
At 31 July 2023 |
425 |
|
4 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
|
Amount due from group companies |
73,905 |
|
- |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Balances with Group companies |
12,700 |
|
- |
|
Other creditors |
69,850 |
|
69,550 |
|
|
|
|
|
|
82,550 |
|
69,550 |
|
|
|
|
|
|
|
|
|
|
6 |
Group accounts exemption |
|
|
The company has taken advantage of the exemption available under sec 401 of the Companies Act 2006 from preparing the Group consolidated accounts |
|
|
7 |
Other information |
|
|
Nanda UK Holdings Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
40 Shelley Crescent |
|
Hounslow |
|
England |
|
TW5 9BJ |