Company Registration No. SC596655 (Scotland)
NAS Ventures Ltd
Unaudited accounts
for the year ended 31 May 2024
NAS Ventures Ltd
Unaudited accounts
Contents
NAS Ventures Ltd
Company Information
for the year ended 31 May 2024
Directors
Mohammed Adil Ahmed
Sharaz Ahmed
Company Number
SC596655 (Scotland)
Registered Office
Lomond House
4 South Street
Inchinnan
PA4 9RJ
NAS Ventures Ltd
Statement of financial position
as at 31 May 2024
Creditors: amounts falling due within one year
(111,255)
(106,437)
Net current liabilities
(104,571)
(89,737)
Total assets less current liabilities
(104,571)
(89,737)
Creditors: amounts falling due after more than one year
(24,604)
(24,604)
Net liabilities
(129,175)
(114,341)
Called up share capital
1
1
Profit and loss account
(129,176)
(114,342)
Shareholders' funds
(129,175)
(114,341)
For the year ending 31 May 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 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 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 of Directors and authorised for issue on 25 February 2025 and were signed on its behalf by
Sharaz Ahmed
Director
Company Registration No. SC596655
NAS Ventures Ltd
Notes to the Accounts
for the year ended 31 May 2024
NAS Ventures Ltd is a private company, limited by shares, registered in Scotland, registration number SC596655. The registered office is Lomond House, 4 South Street, Inchinnan, PA4 9RJ.
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.
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.
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.
4
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
7,536
Loans from directors
111,255
98,901
5
Creditors: amounts falling due after more than one year
2024
2023
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).