Company Registration No. 11214753 (England and Wales)
NIRE LTD
Unaudited accounts
for the year ended 29 February 2024
NIRE LTD
Unaudited accounts
Contents
NIRE LTD
Company Information
for the year ended 29 February 2024
Company Number
11214753 (England and Wales)
Registered Office
29 Knaresborough House
7 Knaresborough Place
London
SW5 0TN
ENGLAND
NIRE LTD
Statement of financial position
as at 29 February 2024
Tangible assets
738,257
742,588
Investments
2,184,307
2,011,283
Cash at bank and in hand
38,460
35,906
Creditors: amounts falling due within one year
(36,339)
(40,322)
Net current assets
89,318
82,781
Total assets less current liabilities
3,011,882
2,836,652
Creditors: amounts falling due after more than one year
(2,964,809)
(2,800,817)
Called up share capital
1,000
1,000
Profit and loss account
46,073
34,835
Shareholders' funds
47,073
35,835
For the year ending 29 February 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 director acknowledges his 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 and authorised for issue on 27 November 2024 and were signed on its behalf by
Nicola Nicoletti
Director
Company Registration No. 11214753
NIRE LTD
Notes to the Accounts
for the year ended 29 February 2024
NIRE LTD is a private company, limited by shares, registered in England and Wales, registration number 11214753. The registered office is 29 Knaresborough House, 7 Knaresborough Place, London, SW5 0TN, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2023
729,594
21,654
751,248
At 29 February 2024
729,594
21,654
751,248
At 1 March 2023
-
8,660
8,660
Charge for the year
-
4,331
4,331
At 29 February 2024
-
12,991
12,991
At 29 February 2024
729,594
8,663
738,257
At 28 February 2023
729,594
12,994
742,588
5
Investments
Subsidiary undertakings
Valuation at 1 March 2023
2,011,283
Valuation at 29 February 2024
2,184,307
NIRE LTD
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Amounts falling due after more than one year
Other debtors
86,097
86,097
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
7,961
5,554
Other creditors
21,840
33,360
Loans from directors
132
132
8
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
2,961,773
2,800,817
Taxes and social security
3,036
-
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).