6515704falsethat of building renovation and construction, all of which has been carried out within the United Kingdom 2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:Director12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FRS1022023-04-012024-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-04-012024-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 6515704

NILE PHARAOHS LTD

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024

Prepared By:
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT

NILE PHARAOHS LTD

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
DIRECTORS
Ashraf S Labib
REGISTERED OFFICE
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 6515704
SOLICITORS
ACCOUNTANTS
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT

NILE PHARAOHS LTD

ACCOUNTS
FOR THEYEARENDED31/03/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

NILE PHARAOHS LTD

BALANCE SHEET AT 31/03/2024
20242023
Notes££
FIXED ASSETS
Tangible assets22024
CURRENT ASSETS
Cash at bank and in hand11
11
CREDITORS: Amounts falling due within one year314,97214,972
NET CURRENT LIABILITIES(14,971)(14,971)
TOTAL ASSETS LESS CURRENT LIABILITIES(14,951)(14,947)
CREDITORS: Amounts falling due after more than one year4224,539224,539
NET LIABILITIES(239,490)(239,486)
CAPITAL AND RESERVES
Called up share capital611
Profit and loss account(239,491)(239,487)
SHAREHOLDERS' FUNDS(239,490)(239,486)
For the year ending 31/03/2024 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 24/09/2024 and signed on their behalf by
.............................
Ashraf S Labib
Director

NILE PHARAOHS LTD

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Going Concern
The company is in a net liability position of £ 239,490 as at 31 March 2024. However the director has given assurances to the company that he will not draw at least £ 224,539 of the director's loan account and has given personal guarantees to ensure that the company will settle all liabilities as they fall due. On this basis the company is considered a going concern and the director is of the opinion that the company will be able to pay its debts as they fall due for at least twelve months from the date that the balance sheet was signed.
1c. Depreciation
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.
Equipmentstraight line10%
1d. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling..
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

NILE PHARAOHS LTD

2. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/04/2023364364
Disposals(40)(40)
At 31/03/2024324324
Depreciation
At 01/04/2023340340
Disposals(40)(40)
For the year44
At 31/03/2024304304
Net Book Amounts
At 31/03/20242020
At 31/03/20232424
3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Directors current account5,6485,648
Bank Loan4,3444,344
Accruals4,9804,980
14,97214,972
4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Director's loan account > 1yr224,539224,539
224,539224,539

NILE PHARAOHS LTD

5. EMPLOYEES
20242023
No.No.
Average number of employees11
Key management personnel is restricted to that of the director.
6. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11
7. CONTROLLING PARTY
The company is wholly owned by the director Mr A S Labib.
8. RELATED PARTY TRANSACTIONS
The director Mr A S Labib did not receive a dividend in the year to 31 March 2024 (2023 - £ nil).
9. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITY
The company was involved in the development of residential property. The director is currently reviewing the future plans of the company. All of its activities were carried out within the United Kingdom.
10. GENERAL INFORMATION
Nile Pharaohs Ltd is a private company limited by shares and incorporated in England. Its registered office is 13 Wolverhampton Road, Codsall, Wolverhampton, West Midlands, WV8 1PT.
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company.