NANO SP LTD

Company Registration Number:
13139942 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 1 February 2022

End date: 31 January 2023

NANO SP LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

NANO SP LTD

Directors' report period ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Directors

The director shown below has held office during the whole of the period from
1 February 2022 to 31 January 2023

Akeem Bolarinwa


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
13 March 2023

And signed on behalf of the board by:
Name: Akeem Bolarinwa
Status: Director

NANO SP LTD

Profit And Loss Account

for the Period Ended 31 January 2023

2023 2022


£

£
Turnover: 9,723,568 9,525,000
Cost of sales: ( 4,785,894 ) ( 4,685,230 )
Gross profit(or loss): 4,937,674 4,839,770
Administrative expenses: ( 1,143,007 ) ( 1,250,000 )
Operating profit(or loss): 3,794,667 3,589,770
Profit(or loss) before tax: 3,794,667 3,589,770
Tax: ( 796,880 ) ( 789,749 )
Profit(or loss) for the financial year: 2,997,787 2,800,021

NANO SP LTD

Balance sheet

As at 31 January 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 4,127,852 3,545,200
Total fixed assets: 4,127,852 3,545,200
Current assets
Stocks: 4 7,215,963 6,500,458
Cash at bank and in hand: 2,854,365 2,545,120
Total current assets: 10,070,328 9,045,578
Creditors: amounts falling due within one year: 5 ( 3,948,655 ) ( 3,854,923 )
Net current assets (liabilities): 6,121,673 5,190,655
Total assets less current liabilities: 10,249,525 8,735,855
Total net assets (liabilities): 10,249,525 8,735,855
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 10,249,425 8,735,755
Total Shareholders' funds: 10,249,525 8,735,855

The notes form part of these financial statements

NANO SP LTD

Balance sheet statements

For the year ending 31 January 2023 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.

This report was approved by the board of directors on 13 March 2023
and signed on behalf of the board by:

Name: Akeem Bolarinwa
Status: Director

The notes form part of these financial statements

NANO SP LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

NANO SP LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 29 25

NANO SP LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2022 3,545,200 3,545,200
Additions 582,652 582,652
Disposals
Revaluations
Transfers
At 31 January 2023 4,127,852 4,127,852
Depreciation
At 1 February 2022
Charge for year
On disposals
Other adjustments
At 31 January 2023
Net book value
At 31 January 2023 4,127,852 4,127,852
At 31 January 2022 3,545,200 3,545,200

NANO SP LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Stocks

2023 2022
£ £
Stocks 7,215,963 6,500,458
Total 7,215,963 6,500,458

NANO SP LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 3,948,655 3,854,923
Total 3,948,655 3,854,923