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Company Registration No. 13175282 (England and Wales)
Nomic Ltd Unaudited accounts for the period from 1 March 2023 to 31 March 2024
Nomic Ltd Unaudited accounts Contents
Page
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Nomic Ltd Company Information for the period from 1 March 2023 to 31 March 2024
Directors
Fazil HUSSAIN Mohammed BANARAS
Company Number
13175282 (England and Wales)
Registered Office
27 Old Gloucester Street London WC1N 3AX England
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Nomic Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
498,455 
189,005 
Current assets
Cash at bank and in hand
6,089 
25,508 
Creditors: amounts falling due within one year
(2,766)
(765)
Net current assets
3,323 
24,743 
Total assets less current liabilities
501,778 
213,748 
Creditors: amounts falling due after more than one year
(494,064)
(214,500)
Net assets/(liabilities)
7,714 
(752)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
7,712 
(754)
Shareholders' funds
7,714 
(752)
For the period 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 7 November 2024 and were signed on its behalf by
Fazil HUSSAIN Director Company Registration No. 13175282
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Nomic Ltd Notes to the Accounts for the period from 1 March 2023 to 31 March 2024
1
Statutory information
Nomic Ltd is a private company, limited by shares, registered in England and Wales, registration number 13175282. The registered office is 27 Old Gloucester Street, London, WC1N 3AX, England.
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
These financial statements for the period from 1 March 2023 to 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
4
Investments
Other investments 
£ 
Valuation at 1 March 2023
189,005 
Additions
309,450 
Valuation at 31 March 2024
498,455 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
1,809 
- 
Accruals
957 
765 
2,766 
765 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
350,390 
137,000 
Loans from directors
143,674 
77,500 
494,064 
214,500 
7
Average number of employees
During the period the average number of employees was 0 (2023: 0).
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