2023-04-01 2024-03-31 false No description of principal activity Acting Office - Tax and Accounts 1.0 10499600 bus:FullAccounts 2023-04-01 2024-03-31 10499600 bus:Micro-entities 2023-04-01 2024-03-31 10499600 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10499600 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10499600 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10499600 2023-04-01 2024-03-31 10499600 2024-03-31 10499600 bus:RegisteredOffice 2023-04-01 2024-03-31 10499600 core:WithinOneYear 2024-03-31 10499600 core:AfterOneYear 2024-03-31 10499600 2021-12-01 10499600 bus:Director1 2023-04-01 2024-03-31 10499600 bus:Director1 2024-03-31 10499600 bus:Director1 2021-12-01 2023-03-31 10499600 bus:CompanySecretary1 2023-04-01 2024-03-31 10499600 bus:LeadAgentIfApplicable 2023-04-01 2024-03-31 10499600 2021-12-01 2023-03-31 10499600 2023-03-31 10499600 core:WithinOneYear 2023-03-31 10499600 core:AfterOneYear 2023-03-31 10499600 bus:EntityAccountantsOrAuditors 2021-12-01 2023-03-31 10499600 core:FurnitureFittings 2023-04-01 2024-03-31 10499600 core:FurnitureFittings 2024-03-31 10499600 core:FurnitureFittings 2023-03-31 10499600 core:MotorVehicles 2023-04-01 2024-03-31 10499600 core:MotorVehicles 2024-03-31 10499600 core:MotorVehicles 2023-03-31 10499600 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-03-31 10499600 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-03-31 10499600 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 10499600 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 10499600 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-03-31 10499600 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 10499600 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 10499600 core:Non-currentFinancialInstruments 2024-03-31 10499600 core:Non-currentFinancialInstruments 2023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 10499600
England and Wales

 

 

 


Report of the Director and Unaudited Financial Statements

for the year ended 31 March 2024

for

NITH INVESTMENT LIMITED

 
 
 
£
2024
£
   
£
2023
£
Fixed assets 12,179  150 
Current assets 12,115  25,094 
Creditors: amount falling due within one year (17,917) (8,173)
Net current assets/(liabilities) (5,802) 16,921 
Total assets less current liabilities 6,377  17,071 
Creditors: amount falling due after more than one year (10,125)
Net assets/(liabilities) (3,748) 17,071 
 
Capital and reserves (3,748) 17,071 
 
  1. For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Abu Bakarr Kamara
Director

Date approved: 04 March 2025
1
Statutory Information
NITH INVESTMENT LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration number 10499600, registration address 68 Raffle House 67 Brampton Grove, Hendon, London, NW4 4BX, United Kingdom.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Going Concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings20% Reducing Balance
Motor Vehicles20% Reducing Balance
2.

Tangible fixed assets

Cost or Valuation Fixtures and Fittings   Motor Vehicles   Total
  £   £   £
At 01 April 2023 300      300 
Additions   20,098    20,098 
At 31 March 2024 300    20,098    20,398 
Depreciation
At 01 April 2023 150      150 
Charge for year 30    8,039    8,069 
At 31 March 2024 180    8,039    8,219 
Net book values
Closing balance as at 31 March 2024 120    12,059    12,179 
Opening balance as at 01 April 2023 150      150 

3.

Average number of employees

Average number of employees during the year was 1 (2023: 0).
2