Acorah Software Products - Accounts Production 15.0.600 false true false 28 March 2023 31 March 2024 31 March 2024 14764008 Mr Tin Yung Mrs Lai Chan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14764008 2023-03-27 14764008 2024-03-31 14764008 2023-03-28 2024-03-31 14764008 frs-core:CurrentFinancialInstruments 2024-03-31 14764008 frs-core:ComputerEquipment 2024-03-31 14764008 frs-core:ComputerEquipment 2023-03-28 2024-03-31 14764008 frs-core:ComputerEquipment 2023-03-27 14764008 frs-core:FurnitureFittings 2024-03-31 14764008 frs-core:FurnitureFittings 2023-03-28 2024-03-31 14764008 frs-core:FurnitureFittings 2023-03-27 14764008 frs-core:PlantMachinery 2024-03-31 14764008 frs-core:PlantMachinery 2023-03-28 2024-03-31 14764008 frs-core:PlantMachinery 2023-03-27 14764008 frs-core:ShareCapital 2024-03-31 14764008 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 14764008 frs-bus:PrivateLimitedCompanyLtd 2023-03-28 2024-03-31 14764008 frs-bus:FilletedAccounts 2023-03-28 2024-03-31 14764008 frs-bus:SmallEntities 2023-03-28 2024-03-31 14764008 frs-bus:AuditExempt-NoAccountantsReport 2023-03-28 2024-03-31 14764008 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-28 2024-03-31 14764008 frs-bus:Director1 2023-03-28 2024-03-31 14764008 frs-bus:Director2 2023-03-28 2024-03-31 14764008 frs-countries:EnglandWales 2023-03-28 2024-03-31
Registered number: 14764008
Niji Sushi Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14764008
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 17,930
17,930
CURRENT ASSETS
Debtors 5 9,018
Cash at bank and in hand 20,294
29,312
Creditors: Amounts Falling Due Within One Year 6 (77,209 )
NET CURRENT ASSETS (LIABILITIES) (47,897 )
TOTAL ASSETS LESS CURRENT LIABILITIES (29,967 )
NET LIABILITIES (29,967 )
CAPITAL AND RESERVES
Called up share capital 7 5
Profit and Loss Account (29,972 )
SHAREHOLDERS' FUNDS (29,967)
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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Tin Yung
Director
16/10/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Niji Sushi Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14764008 . The registered office is 187 Shirehampton Road, Bristol, BS9 2EQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% Straight Line
Fixtures & Fittings 20% Straight Line
Computer Equipment 25% Straight Line
2.4. Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
2.5. Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. Average Number of Employees
The average number of employees, including directors, during the year was 10
10
Page 2
Page 3
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 28 March 2023 - - - -
Additions 18,210 1,801 2,561 22,572
As at 31 March 2024 18,210 1,801 2,561 22,572
Depreciation
As at 28 March 2023 - - - -
Provided during the period 3,642 360 640 4,642
As at 31 March 2024 3,642 360 640 4,642
Net Book Value
As at 31 March 2024 14,568 1,441 1,921 17,930
As at 28 March 2023 - - - -
5. Debtors
2024
£
Due within one year
Other debtors 9,018
6. Creditors: Amounts Falling Due Within One Year
2024
£
Trade creditors 1,654
Other taxes and social security 546
VAT 4,798
Net wages 4,626
Directors' loan accounts 65,585
77,209
7. Share Capital
2024
£
Allotted, Called up and fully paid 5
Page 3