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
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
Nomic Ltd
Statement of financial position
as at 31 March 2024
Investments
498,455
189,005
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)
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
Nomic Ltd
Notes to the Accounts
for the period from 1 March 2023 to 31 March 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Investments
Other investments
Valuation at 1 March 2023
189,005
Valuation at 31 March 2024
498,455
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,809
-
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
7
Average number of employees
During the period the average number of employees was 0 (2023: 0).