1 January 2023 false No description of principal activity Taxfiler 2024.6 8459121business:PrivateLimitedCompanyLtd2023-01-012023-12-31 84591212022-12-31 84591212023-01-012023-12-31 8459121business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 8459121business:FilletedAccounts2023-01-012023-12-31 84591212023-12-31 84591212022-12-31 8459121core:WithinOneYear2023-12-31 8459121core:WithinOneYear2022-12-31 8459121core:AfterOneYear2023-12-31 8459121core:AfterOneYear2022-12-31 8459121core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 8459121core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 8459121core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 8459121core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 8459121core:PreviouslyStatedAmount2023-12-31 8459121core:PreviouslyStatedAmount2022-12-31 8459121business:SmallEntities2023-01-012023-12-31 8459121business:Director12023-01-012023-12-31 8459121countries:EnglandWales2023-01-012023-12-31 8459121business:RegisteredOffice2023-01-012023-12-31 84591212022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 8459121 (England and Wales)
NINE ASSET MANAGEMENT LIMITED Unaudited accounts for the year ended 31 December 2023
NINE ASSET MANAGEMENT LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
970,061 
995,944 
Cash at bank and in hand
1,479 
10,732 
971,540 
1,006,676 
Creditors: amounts falling due within one year
2,659 
(689)
Net current assets
974,199 
1,005,987 
Total assets less current liabilities
974,199 
1,005,987 
Creditors: amounts falling due after more than one year
(286,267)
(329,319)
Net assets
687,932 
676,668 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
687,931 
676,667 
Shareholders' funds
687,932 
676,668 
For the year ending 31 December 2023 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 23 December 2024 and were signed on its behalf by
GURSHARAN SINGH CHADHA Director Company Registration No. 8459121
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NINE ASSET MANAGEMENT LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
NINE ASSET MANAGEMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 8459121. The registered office is MELTON HOUSE 65-67, CLARENDON ROAD, WATFORD, WD17 1DS.
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
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,038 
31,921 
Accrued income and prepayments
65,516 
65,516 
Other debtors
898,507 
898,507 
970,061 
995,944 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
46,067 
43,811 
Taxes and social security
(48,726)
(43,122)
(2,659)
689 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
378,006 
428,148 
Taxes and social security
(91,739)
(98,829)
286,267 
329,319 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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