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Company Registration No. 13207632 (England and Wales)
Netl Ltd Unaudited accounts for the year ended 29 February 2024
Netl Ltd Unaudited accounts Contents
Page
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Netl Ltd Company Information for the year ended 29 February 2024
Director
Ari Aftergut
Company Number
13207632 (England and Wales)
Registered Office
FLAT 6 CAMPDEN HOUSE HARBEN ROAD LONDON NW6 4RN ENGLAND
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Netl Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
144,012 
144,012 
Current assets
Debtors
27,126 
35,858 
Cash at bank and in hand
981 
1,155 
28,107 
37,013 
Creditors: amounts falling due within one year
(3,526)
(150)
Net current assets
24,581 
36,863 
Total assets less current liabilities
168,593 
180,875 
Creditors: amounts falling due after more than one year
(163,195)
(180,004)
Net assets
5,398 
871 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
5,395 
868 
Shareholders' funds
5,398 
871 
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
Ari Aftergut Director Company Registration No. 13207632
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Netl Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Netl Ltd is a private company, limited by shares, registered in England and Wales, registration number 13207632. The registered office is FLAT 6 CAMPDEN HOUSE, HARBEN ROAD, LONDON, NW6 4RN, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 March 2023
144,012 
At 29 February 2024
144,012 
Depreciation
At 29 February 2024
- 
Net book value
At 29 February 2024
144,012 
At 28 February 2023
144,012 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
25,910 
25,910 
Other debtors
1,216 
1,216 
27,126 
27,126 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
- 
8,732 
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Netl Ltd Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
150 
150 
Amounts owed to group undertakings and other participating interests
2,422 
- 
Taxes and social security
954 
- 
3,526 
150 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
98,307 
98,307 
Obligations under finance leases and hire purchase contracts
14,885 
49,054 
Amounts owed to group undertakings and other participating interests
17,360 
- 
Loans from directors
32,643 
32,643 
163,195 
180,004 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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