Company registration number: 15164290
Unaudited financial statements
for the period ended 30 September 2024
for
Nubase Ltd
Pages for filing with the Registrar
Company registration number: 15164290
Nubase Ltd
Balance sheet
as at 30 September 2024
Note £ £
Fixed assets
Intangible assets 4 -
Tangible assets 5 -
Investments 6 -
Investment property 7 -
-
Current assets
Stocks -
Debtors -
Investments -
Cash at bank and in hand -
-
Creditors: amounts falling due within
one year
-
Net current liabilities -
Creditors: Amounts falling due after
more than one year
-
Provisions for liabilities -
NET LIABILITIES -
Capital and reserves
Called up share capital -
Share premium account -
Revaluation reserve -
Other reserves -
Profit and loss account -
TOTAL EQUITY -
The company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies for the period ended 30 September 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
1
Company registration number: 15164290
Nubase Ltd
Balance sheet - continued
as at 30 September 2024
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr D Adenuga, Director
6 October 2024
2
Nubase Ltd
Notes to the financial statements
for the period ended 30 September 2024
1 Company information
The company is registered in England and Wales. Its registered number is 15164290. The company is limited by shares. Its registered office is 17 Medway Close, Sheffield, S2 3DF.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
3
Nubase Ltd
Notes to the financial statements - continued
for the period ended 30 September 2024
2 Accounting policies - continued
Taxation
Taxation for the period comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the period the average number of employees was 1.
4 Intangible assets
Other
intangible
assets
£
Cost
At 30 September 2024 -
Amortisation
At 30 September 2024 -
Net book value
At 30 September 2024 -
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 30 September 2024 -
Depreciation
At 30 September 2024 -
4
Nubase Ltd
Notes to the financial statements - continued
for the period ended 30 September 2024
5 Tangible fixed assets - continued
Net book value
At 30 September 2024 -
6 Fixed asset investments
Investments other than loans
7 Investment property
£
Valuation
At 30 September 2024 -
5