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REGISTERED NUMBER: 06894351 (England and Wales)


Financial Statements for the Year Ended 31 May 2024

for

NN (UK) Limited

NN (UK) Limited (Registered number: 06894351)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


NN (UK) Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mr Bipinchandra Chimanbhai Patel
Mr Dineshbhai Patel





SECRETARY: Mr Bipinchandra Chimanbhai Patel





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 06894351 (England and Wales)





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

NN (UK) Limited (Registered number: 06894351)

Statement of Financial Position
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 25,883 12,510

CURRENT ASSETS
Inventories 18,145 18,275
Debtors 5 3,384 33,406
Cash at bank and in hand 32,994 77,230
54,523 128,911
CREDITORS
Amounts falling due within one year 6 33,856 112,110
NET CURRENT ASSETS 20,667 16,801
TOTAL ASSETS LESS CURRENT
LIABILITIES

46,550

29,311

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 46,548 29,309
SHAREHOLDERS' FUNDS 46,550 29,311

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

NN (UK) Limited (Registered number: 06894351)

Statement of Financial Position - continued
31 May 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 26 November 2024 and were signed on its behalf by:





Mr Dineshbhai Patel - Director


NN (UK) Limited (Registered number: 06894351)

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

1. STATUTORY INFORMATION

NN (UK) Limited 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
Turnover represents net value of Sales excluding value added tax.

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 NIL (2023 - NIL).

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2023 3,550 47,149 50,699
Additions - 22,000 22,000
At 31 May 2024 3,550 69,149 72,699
DEPRECIATION
At 1 June 2023 3,550 34,639 38,189
Charge for year - 8,627 8,627
At 31 May 2024 3,550 43,266 46,816
NET BOOK VALUE
At 31 May 2024 - 25,883 25,883
At 31 May 2023 - 12,510 12,510

NN (UK) Limited (Registered number: 06894351)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors - 19,300
Other debtors 3,384 14,106
3,384 33,406

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 4,561 7,086
Taxation and social security 1,741 1,755
Other creditors 27,554 103,269
33,856 112,110

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
2 Ordinary £1 2 2