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Company Registration No. 12653003 (England and Wales)
Nsibidi Limited Unaudited accounts for the year ended 30 June 2024
Nsibidi Limited Unaudited accounts Contents
Page
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Nsibidi Limited Company Information for the year ended 30 June 2024
Director
Kingsley Dozie ATUANYA
Company Number
12653003 (England and Wales)
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Nsibidi Limited Statement of financial position as at 30 June 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
28,325 
Current assets
Cash at bank and in hand
11,850 
Creditors: amounts falling due within one year
(13,665)
Net current liabilities
(1,815)
Total assets less current liabilities
26,510 
Creditors: amounts falling due after more than one year
(25,000)
Net assets
1,510 
Capital and reserves
Share premium
100 
Profit and loss account
1,410 
Shareholders' funds
1,510 
For the year ending 30 June 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 26 March 2025 and were signed on its behalf by
Kingsley Dozie ATUANYA Director Company Registration No. 12653003
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Nsibidi Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Nsibidi Limited is a private company, limited by shares, registered in England and Wales, registration number 12653003.
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
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.
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:
Land & buildings
Straight Line 10%
Plant & machinery
Straight Line 10%
Motor vehicles
Straight Line 10%
Fixtures & fittings
Straight Line 10%
Computer equipment
Straight Line 10%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2023
11,500 
15,075 
1,750 
28,325 
At 30 June 2024
11,500 
15,075 
1,750 
28,325 
Depreciation
At 30 June 2024
- 
- 
- 
- 
Net book value
At 30 June 2024
11,500 
15,075 
1,750 
28,325 
5
Creditors: amounts falling due within one year
2024 
£ 
Trade creditors
7,500 
Taxes and social security
330 
Other creditors
383 
Accruals
5,452 
13,665 
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Nsibidi Limited Notes to the Accounts for the year ended 30 June 2024
6
Creditors: amounts falling due after more than one year
2024 
£ 
Loans from directors
25,000 
7
Average number of employees
During the year the average number of employees was 5.
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