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Company Registration No. 11732137 (England and Wales)
Nita Cash & Carry Limited Unaudited accounts for the period from 1 May 2023 to 28 April 2024
Nita Cash & Carry Limited Unaudited accounts Contents
Page
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Nita Cash & Carry Limited Company Information for the period from 1 May 2023 to 28 April 2024
Director
Reshma Dawada
Company Number
11732137 (England and Wales)
Registered Office
9-11 New Broadway, London England W5 5AW United Kingdom
Accountants
Cloud Tax Ltd 9-11 New Broadway Ealing London W5 5AW
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Nita Cash & Carry Limited Statement of financial position as at 28 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
116,016 
90,667 
Current assets
Inventories
313,687 
197,615 
Debtors
773,867 
295,879 
Cash at bank and in hand
13,887 
8,226 
1,101,441 
501,720 
Creditors: amounts falling due within one year
(598,749)
(303,901)
Net current assets
502,692 
197,819 
Total assets less current liabilities
618,708 
288,486 
Creditors: amounts falling due after more than one year
(321,245)
(103,084)
Provisions for liabilities
Deferred tax
- 
(18,229)
Net assets
297,463 
167,173 
Capital and reserves
Called up share capital
130 
130 
Profit and loss account
297,333 
167,043 
Shareholders' funds
297,463 
167,173 
For the period ending 28 April 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 her 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 12 November 2024 and were signed on its behalf by
Reshma Dawada Director Company Registration No. 11732137
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Nita Cash & Carry Limited Notes to the Accounts for the period from 1 May 2023 to 28 April 2024
1
Statutory information
Nita Cash & Carry Limited is a private company, limited by shares, registered in England and Wales, registration number 11732137. The registered office is 9-11 New Broadway,, London, England, W5 5AW, United Kingdom.
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
These financial statements for the period from 1 May 2023 to 28 April 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
Plant & machinery
15% reducing
Motor vehicles
15% reducing
Fixtures & fittings
15% reducing
Computer equipment
33.33% cost
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 May 2023
- 
135,828 
28,076 
7,594 
3,504 
175,002 
Additions
35,462 
- 
- 
3,277 
456 
39,195 
At 28 April 2024
35,462 
135,828 
28,076 
10,871 
3,960 
214,197 
Depreciation
At 1 May 2023
- 
64,119 
13,267 
3,448 
3,501 
84,335 
Charge for the period
- 
10,756 
2,221 
763 
106 
13,846 
At 28 April 2024
- 
74,875 
15,488 
4,211 
3,607 
98,181 
Net book value
At 28 April 2024
35,462 
60,953 
12,588 
6,660 
353 
116,016 
At 29 April 2023
- 
71,709 
14,809 
4,146 
3 
90,667 
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Nita Cash & Carry Limited Notes to the Accounts for the period from 1 May 2023 to 28 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
432,649 
174,253 
Accrued income and prepayments
67,991 
3,518 
Other debtors
273,227 
118,108 
773,867 
295,879 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
40,962 
12,278 
Trade creditors
280,689 
137,295 
Taxes and social security
135,935 
92,185 
Other creditors
134,267 
13,858 
Loans from directors
(100,394)
(4,005)
Accruals
107,290 
52,290 
598,749 
303,901 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
321,245 
103,084 
8
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
- 
18,229 
2024 
2023 
£ 
£ 
Provision at start of period
18,229 
18,229 
Credited to the profit and loss account
(18,229)
- 
Provision at end of period
- 
18,229 
9
Average number of employees
During the period the average number of employees was 8 (2023: 6).
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