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REGISTERED NUMBER: 05867082 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

A NIGAM LTD

A NIGAM LTD (REGISTERED NUMBER: 05867082)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A NIGAM LTD

COMPANY INFORMATION
for the year ended 30 April 2024







DIRECTOR: Mr A Nigam





REGISTERED OFFICE: 17 St Peters Place
Fleetwood
Lancashire
FY7 6EB





REGISTERED NUMBER: 05867082 (England and Wales)





ACCOUNTANTS: Jones Harris Limited
17 St Peters Place
Fleetwood
Lancashire
FY7 6EB

A NIGAM LTD (REGISTERED NUMBER: 05867082)

BALANCE SHEET
30 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 531,173 544,248
Investment property 5 525,000 525,000
1,056,173 1,069,248

CURRENT ASSETS
Debtors 6 356,127 376,201
Cash at bank 8,947 5,058
365,074 381,259
CREDITORS
Amounts falling due within one year 7 (111,281 ) (119,456 )
NET CURRENT ASSETS 253,793 261,803
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,309,966

1,331,051

PROVISIONS FOR LIABILITIES (12,671 ) (15,851 )
NET ASSETS 1,297,295 1,315,200

CAPITAL AND RESERVES
Called up share capital 150 150
Capital redemption reserve 20 20
Fair value reserve 8 9,475 9,475
Retained earnings 1,287,650 1,305,555
SHAREHOLDERS' FUNDS 1,297,295 1,315,200

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

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.

A NIGAM LTD (REGISTERED NUMBER: 05867082)

BALANCE SHEET - continued
30 April 2024


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 director and authorised for issue on 18 November 2024 and were signed by:





Mr A Nigam - Director


A NIGAM LTD (REGISTERED NUMBER: 05867082)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 April 2024

1. STATUTORY INFORMATION

A Nigam 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 as modified by the revaluation of certain assets.

Going concern
The directors are satisfied at the time of approving the financial statements that the company has adequate resources to continue to operate for the foreseeable future and as such, continues to adopt the going concern basis in preparing the financial statements.

Turnover
Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - Nil
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 10% on cost
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

No depreciation is provided on investment properties which is a departure from the requirements of the Companies Act 2006. In the opinion of the directors these properties are held primarily for their investment potential and so their current value is of more significance than any measure of consumption and to depreciate them would not give a true and fair view. The provisions of the Financial Reporting Standard for Smaller Entities (effective April 2008) in respect of investment properties have therefore been adopted in order to give a true and fair view. If this departure from the Act had not been made, the profit for the year would have been reduced by depreciation. However the amount of the depreciation cannot reasonably be quantified and the amount which might otherwise have been shown cannot be separately identified or quantified.

Taxation
Taxation for the year 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.


A NIGAM LTD (REGISTERED NUMBER: 05867082)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2024

2. 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 May 2023
and 30 April 2024 478,870 35,013 5,046
DEPRECIATION
At 1 May 2023 - 32,198 5,046
Charge for year - 563 -
At 30 April 2024 - 32,761 5,046
NET BOOK VALUE
At 30 April 2024 478,870 2,252 -
At 30 April 2023 478,870 2,815 -

A NIGAM LTD (REGISTERED NUMBER: 05867082)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2024

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 122,194 9,745 650,868
DEPRECIATION
At 1 May 2023 59,631 9,745 106,620
Charge for year 12,512 - 13,075
At 30 April 2024 72,143 9,745 119,695
NET BOOK VALUE
At 30 April 2024 50,051 - 531,173
At 30 April 2023 62,563 - 544,248

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 525,000
NET BOOK VALUE
At 30 April 2024 525,000
At 30 April 2023 525,000

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2014 9,475
Cost 515,525
525,000

If investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 515,525 515,525

Investment properties were valued on an open market basis on 30 April 2024 by the directors .

A NIGAM LTD (REGISTERED NUMBER: 05867082)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 19,041 26,153
Amounts owed by group undertakings - 2,142
Other debtors 337,086 347,906
356,127 376,201

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 1
Amounts owed to group undertakings - 2,142
Tax 103,870 110,153
Other creditors - 104
Accruals and deferred income 7,411 7,056
111,281 119,456

8. RESERVES
Fair
value
reserve
£   
At 1 May 2023
and 30 April 2024 9,475

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
Mr A Nigam
Balance outstanding at start of year - -
Amounts advanced 467,817 761,994
Amounts repaid (467,817 ) (761,994 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

The loan to the director was unsecured and repayable on demand. Interest is payable at the HMRC rate applicable to beneficial loan arrangements.

10. ULTIMATE CONTROLLING PARTY

At the year end date the company is a subsidiary of A Nigam Holdings Limited which is registered at 17 St Peters Place, Fleetwood, Lancashire, FY7 6EB.