REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 April 2023 to 31 August 2024 |
for |
Nereid Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 April 2023 to 31 August 2024 |
for |
Nereid Ltd |
Nereid Ltd (Registered number: 09332971) |
Contents of the Financial Statements |
for the Period 1 April 2023 to 31 August 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Nereid Ltd |
Company Information |
for the Period 1 April 2023 to 31 August 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
BUSINESS ADDRESS: |
REGISTERED NUMBER: |
Nereid Ltd (Registered number: 09332971) |
Balance Sheet |
31 August 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
Nereid Ltd (Registered number: 09332971) |
Balance Sheet - continued |
31 August 2024 |
The director acknowledges his 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 were approved by the director and authorised for issue on |
Nereid Ltd (Registered number: 09332971) |
Notes to the Financial Statements |
for the Period 1 April 2023 to 31 August 2024 |
1. | STATUTORY INFORMATION |
Nereid Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have not been prepared on a going concern basis as a result of the company ceasing to trade. |
As the financial statements have not been prepared on a going concern basis: |
All fixed assets have been reclassified as current assets and are valued at the lower of cost and net realisable value |
Any other costs associated with winding up the business have been recognised. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Plant and machinery etc | - |
Financial instruments |
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments. |
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. |
Debt instruments are subsequently measured at amortised cost. |
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. |
Nereid Ltd (Registered number: 09332971) |
Notes to the Financial Statements - continued |
for the Period 1 April 2023 to 31 August 2024 |
3. | 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 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. |
Going concern |
As disclosed in the Report of the Director, the company has ceased to trade. |
As a result of this, the financial statements have not been prepared on a going concern basis. |
The basis of preparation of the financial statements is outlined in note 3. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL (2023 - |
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 April 2023 |
Additions |
Disposals | ( |
) |
At 31 August 2024 |
DEPRECIATION |
At 1 April 2023 |
Eliminated on disposal | ( |
) |
At 31 August 2024 |
NET BOOK VALUE |
At 31 August 2024 |
At 31 March 2023 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Other debtors |
Nereid Ltd (Registered number: 09332971) |
Notes to the Financial Statements - continued |
for the Period 1 April 2023 to 31 August 2024 |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
8. | DISCLOSURE OF A CHANGE OF YEAR END |
The financial statements have been prepared for the longer period of 17 months and therefore the amounts presented in the financial statements (including the related notes) are not entirely comparable with the previous period of 12 months. |
The reason for the longer period of reporting is that the company ceased trading on 31 August 2024. |