IRIS Accounts Production v24.3.0.553 13298853 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh132988532023-03-31132988532024-03-31132988532023-04-012024-03-31132988532022-03-31132988532022-04-012023-03-31132988532023-03-3113298853ns15:EnglandWales2023-04-012024-03-3113298853ns14:PoundSterling2023-04-012024-03-3113298853ns10:Director12023-04-012024-03-3113298853ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3113298853ns10:SmallEntities2023-04-012024-03-3113298853ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3113298853ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3113298853ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3113298853ns10:FullAccounts2023-04-012024-03-311329885312023-04-012024-03-3113298853ns10:OrdinaryShareClass12023-04-012024-03-3113298853ns10:Director22023-04-012024-03-3113298853ns10:Director32023-04-012024-03-3113298853ns10:Director42023-04-012024-03-3113298853ns10:RegisteredOffice2023-04-012024-03-3113298853ns5:CurrentFinancialInstruments2024-03-3113298853ns5:CurrentFinancialInstruments2023-03-3113298853ns5:Non-currentFinancialInstruments2024-03-3113298853ns5:Non-currentFinancialInstruments2023-03-3113298853ns5:ShareCapital2024-03-3113298853ns5:ShareCapital2023-03-3113298853ns5:RetainedEarningsAccumulatedLosses2024-03-3113298853ns5:RetainedEarningsAccumulatedLosses2023-03-3113298853ns5:NetGoodwill2023-04-012024-03-3113298853ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3113298853ns5:PlantMachinery2023-04-012024-03-3113298853ns5:NetGoodwill2023-03-3113298853ns5:NetGoodwill2024-03-3113298853ns5:NetGoodwill2023-03-3113298853ns5:PlantMachinery2023-03-3113298853ns5:PlantMachinery2024-03-3113298853ns5:PlantMachinery2023-03-3113298853ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3113298853ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3113298853ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 13298853 (England and Wales)


Financial Statements for the Year Ended 31 March 2024

for

Nosso Retail Ltd

Nosso Retail Ltd (Registered number: 13298853)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Nosso Retail Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr Jorge De Franca Brazao
Mrs Marisela De Jesus Andrade
Mr V Vicente De Jesus Teixeira
Ms Carla Patricia Jesus Sousa





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
United Kingdom
CV6 4AD





REGISTERED NUMBER: 13298853 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Nosso Retail Ltd (Registered number: 13298853)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 163,999 163,999
Property, plant and equipment 5 47,442 55,593
211,441 219,592

CURRENT ASSETS
Inventories 4,475 4,335
Debtors 6 173,663 1,948
Cash at bank and in hand 46,556 152,535
224,694 158,818
CREDITORS
Amounts falling due within one year 7 358,926 339,918
NET CURRENT LIABILITIES (134,232 ) (181,100 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

77,209

38,492

CREDITORS
Amounts falling due after more than one
year

8

29,028

32,500
NET ASSETS 48,181 5,992

CAPITAL AND RESERVES
Called up share capital 9 400 400
Retained earnings 47,781 5,592
SHAREHOLDERS' FUNDS 48,181 5,992

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Nosso Retail Ltd (Registered number: 13298853)

Statement of Financial Position - continued
31 March 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 Board of Directors and authorised for issue on 21 November 2024 and were signed on its behalf by:





Mr Jorge De Franca Brazao - Director


Nosso Retail Ltd (Registered number: 13298853)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Nosso Retail 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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 163,999
NET BOOK VALUE
At 31 March 2024 163,999
At 31 March 2023 163,999

Nosso Retail Ltd (Registered number: 13298853)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 April 2023 74,124
Additions 7,663
At 31 March 2024 81,787
DEPRECIATION
At 1 April 2023 18,531
Charge for year 15,814
At 31 March 2024 34,345
NET BOOK VALUE
At 31 March 2024 47,442
At 31 March 2023 55,593

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 171,400 4
Other debtors 2,263 1,944
173,663 1,948

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 103 -
Trade creditors 157,265 36,083
Taxation and social security 46,312 29,194
Other creditors 155,246 274,641
358,926 339,918

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.3.23
£    £   
Other creditors 29,028 32,500

Nosso Retail Ltd (Registered number: 13298853)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
400 Ordinary £1 400 400