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
Nita Cash & Carry Limited
Company Information
for the period from 1 May 2023 to 28 April 2024
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
Nita Cash & Carry Limited
Statement of financial position
as at 28 April 2024
Tangible assets
116,016
90,667
Inventories
313,687
197,615
Cash at bank and in hand
13,887
8,226
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
Net assets
297,463
167,173
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
Nita Cash & Carry Limited
Notes to the Accounts
for the period from 1 May 2023 to 28 April 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
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
Nita Cash & Carry Limited
Notes to the Accounts
for the period from 1 May 2023 to 28 April 2024
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
6
Creditors: amounts falling due within one year
2024
2023
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)
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
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).