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Company Registration No. 00448959 (England and Wales)
The Nita Knitting & Manufacturing Ltd Unaudited accounts for the year ended 31 March 2024
The Nita Knitting & Manufacturing Ltd Unaudited accounts Contents
Page
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The Nita Knitting & Manufacturing Ltd Company Information for the year ended 31 March 2024
Directors
J P Clarke Miss M S Clarke Mrs K Clarke
Secretary
J P Clarke
Company Number
00448959 (England and Wales)
Registered Office
The Old Stables, East Lenham Farm Ashford Road, Lenham Maidstone Kent ME17 2DP
Accountants
Wiggins & Co, Chartered Accountants The Old Stables, East Lenham Farm Ashford Road, Lenham Maidstone Kent ME17 2DP
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The Nita Knitting & Manufacturing Ltd Accountants' report
Accountants' report to the board of directors of The Nita Knitting & Manufacturing Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Nita Knitting & Manufacturing Ltd for the year ended 31 March 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of The Nita Knitting & Manufacturing Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of The Nita Knitting & Manufacturing Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Nita Knitting & Manufacturing Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that The Nita Knitting & Manufacturing Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of The Nita Knitting & Manufacturing Ltd. You consider that The Nita Knitting & Manufacturing Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of The Nita Knitting & Manufacturing Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Wiggins & Co, Chartered Accountants The Old Stables, East Lenham Farm Ashford Road, Lenham Maidstone Kent ME17 2DP 31 October 2024
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The Nita Knitting & Manufacturing Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,597 
3,597 
Current assets
Debtors
5,526 
5,526 
Cash at bank and in hand
2,319 
2,452 
7,845 
7,978 
Creditors: amounts falling due within one year
(4,163)
(4,719)
Net current assets
3,682 
3,259 
Net assets
7,279 
6,856 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
6,279 
5,856 
Shareholders' funds
7,279 
6,856 
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2024 and were signed on its behalf by
J P Clarke Director Company Registration No. 00448959
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The Nita Knitting & Manufacturing Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
The Nita Knitting & Manufacturing Ltd is a private company, limited by shares, registered in England and Wales, registration number 00448959. The registered office is The Old Stables, East Lenham Farm, Ashford Road, Lenham, Maidstone, Kent, ME17 2DP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the invoiced net sales
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Leasehold Property - No depreciation is charged as the value is in excess of the written down value; Heating Installation - 15% 0n reducing balance
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 April 2023
6,013 
At 31 March 2024
6,013 
Depreciation
At 1 April 2023
2,416 
At 31 March 2024
2,416 
Net book value
At 31 March 2024
3,597 
At 31 March 2023
3,597 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
5,526 
5,526 
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The Nita Knitting & Manufacturing Ltd Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
3,243 
3,112 
Other creditors
888 
1,575 
Loans from directors
32 
32 
4,163 
4,719 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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