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REGISTERED NUMBER: 13938813 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

NANIWA LTD

NANIWA LTD (Registered number: 13938813)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NANIWA LTD

Company Information
for the Year Ended 29 February 2024







DIRECTORS: P LIANG
W C LO





REGISTERED OFFICE: 133 MIDDLESEX STREET
LONDON
E1 7JF





REGISTERED NUMBER: 13938813 (England and Wales)






NANIWA LTD (Registered number: 13938813)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,248 24,522

CURRENT ASSETS
Debtors 5 312,338 132,107
Cash at bank 42,681 27,753
355,019 159,860
CREDITORS
Amounts falling due within one year 6 92,684 47,827
NET CURRENT ASSETS 262,335 112,033
TOTAL ASSETS LESS CURRENT
LIABILITIES

279,583

136,555

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 279,483 136,455
SHAREHOLDERS' FUNDS 279,583 136,555

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

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 28 November 2024 and were signed on its behalf by:





P LIANG - Director


NANIWA LTD (Registered number: 13938813)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 7 ) .

NANIWA LTD (Registered number: 13938813)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 32,696
Additions 1,200
At 29 February 2024 33,896
DEPRECIATION
At 1 March 2023 8,174
Charge for year 8,474
At 29 February 2024 16,648
NET BOOK VALUE
At 29 February 2024 17,248
At 28 February 2023 24,522

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Other debtors 312,338 132,107

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 21,561 16,268
Tax 64,261 26,323
VAT 2,178 2,894
Accrued expenses 4,684 2,342
92,684 47,827

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary share capital £1 100 100

8. RESERVES
Retained
earnings
£   

At 1 March 2023 136,455
Profit for the year 143,028
At 29 February 2024 279,483