Company Registration No. 10764130 (England and Wales)
Namer Enterprise Limited
Unaudited accounts
for the year ended 31 May 2024
Namer Enterprise Limited
Unaudited accounts
Contents
Namer Enterprise Limited
Company Information
for the year ended 31 May 2024
Company Number
10764130 (England and Wales)
Registered Office
Suite 30
15A Market Street
Telford
TF2 6EL
Accountants
The Modern Accountant LTD
Suite 30
15a Market Street
Telford
England
TF2 6EL
Namer Enterprise Limited
Statement of financial position
as at 31 May 2024
Tangible assets
1,031,926
422,249
Cash at bank and in hand
6,672
5,292
Creditors: amounts falling due within one year
(76,792)
(6,979)
Net current assets
162,013
42,696
Total assets less current liabilities
1,193,939
464,945
Creditors: amounts falling due after more than one year
(1,405,735)
(643,700)
Net liabilities
(211,796)
(178,755)
Called up share capital
100
100
Profit and loss account
(211,896)
(178,855)
Shareholders' funds
(211,796)
(178,755)
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 director acknowledges his 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 10 March 2025 and were signed on its behalf by
Chaim Gruzman
Director
Company Registration No. 10764130
Namer Enterprise Limited
Notes to the Accounts
for the year ended 31 May 2024
Namer Enterprise Limited is a private company, limited by shares, registered in England and Wales, registration number 10764130. The registered office is Suite 30, 15A Market Street, Telford, TF2 6EL.
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.
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:
Fixtures & fittings
33.33% on Straight line basis
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2023
422,249
-
422,249
Additions
606,360
3,980
610,340
At 31 May 2024
1,028,609
3,980
1,032,589
Charge for the year
-
663
663
At 31 May 2024
1,028,609
3,317
1,031,926
At 31 May 2023
422,249
-
422,249
Amounts falling due within one year
Amounts due from group undertakings etc.
180,000
-
Deferred tax asset
52,133
44,383
Namer Enterprise Limited
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,667
6,667
Loans from directors
12,125
312
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
293,035
643,389
Other creditors
1,112,389
-
Loans from directors
311
311
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).