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REGISTERED NUMBER: 13741559 (England and Wales)















Unaudited Financial Statements

for the Period 1 December 2022 to 31 March 2024

for

NLN Ltd

NLN Ltd (Registered number: 13741559)

Contents of the Financial Statements
for the Period 1 December 2022 to 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NLN Ltd

Company Information
for the Period 1 December 2022 to 31 March 2024







DIRECTORS: Dr G R Mittapalli
Dr L R Narramneni





REGISTERED OFFICE: 20 Pepper Mill
Lawley Village
Telford
TF4 2FB





REGISTERED NUMBER: 13741559 (England and Wales)





ACCOUNTANTS: Dhillon Accountants Limited
Chartered Accountants
Office 1
21 Hatherton Street
Walsall
WS4 2LA

NLN Ltd (Registered number: 13741559)

Balance Sheet
31 March 2024

31.3.24 30.11.22
Notes £    £   
FIXED ASSETS
Intangible assets 4 194,574 -
Tangible assets 5 208,484 -
403,058 -

CURRENT ASSETS
Debtors 6 2,236 -
Cash at bank and in hand 25,039 100
27,275 100
CREDITORS
Amounts falling due within one year 7 (240,398 ) -
NET CURRENT (LIABILITIES)/ASSETS (213,123 ) 100
TOTAL ASSETS LESS CURRENT
LIABILITIES

189,935

100

CREDITORS
Amounts falling due after more than
one year

8

(139,233

)

-
NET ASSETS 50,702 100

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 50,602 -
SHAREHOLDERS' FUNDS 50,702 100

NLN Ltd (Registered number: 13741559)

Balance Sheet - continued
31 March 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 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.

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 14 October 2024 and were signed on its behalf by:





Dr G R Mittapalli - Director


NLN Ltd (Registered number: 13741559)

Notes to the Financial Statements
for the Period 1 December 2022 to 31 March 2024


1. STATUTORY INFORMATION

NLN Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 2023, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the period 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.

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 period 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.

NLN Ltd (Registered number: 13741559)

Notes to the Financial Statements - continued
for the Period 1 December 2022 to 31 March 2024


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 11 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 206,753
At 31 March 2024 206,753
AMORTISATION
Amortisation for period 12,179
At 31 March 2024 12,179
NET BOOK VALUE
At 31 March 2024 194,574

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
Additions 183,962 29,536 449 213,947
At 31 March 2024 183,962 29,536 449 213,947
DEPRECIATION
Charge for period - 5,352 111 5,463
At 31 March 2024 - 5,352 111 5,463
NET BOOK VALUE
At 31 March 2024 183,962 24,184 338 208,484

NLN Ltd (Registered number: 13741559)

Notes to the Financial Statements - continued
for the Period 1 December 2022 to 31 March 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 30.11.22
£    £   
Other debtors 2,236 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 30.11.22
£    £   
Bank loans and overdrafts 18,941 -
Taxation and social security 29,124 -
Other creditors 192,333 -
240,398 -

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 30.11.22
£    £   
Bank loans 139,233 -