IRIS Accounts Production v25.1.0.734 07397238 Board of Directors 1.4.23 30.3.24 30.3.24 0 true false true false false false true false A Ordinary 1.00000 B Ordinary 1.00000 C Ordinary 1.00000 D Ordinary 1.00000 E Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh073972382023-03-31073972382024-03-30073972382023-04-012024-03-30073972382022-03-31073972382022-04-012023-03-31073972382023-03-3107397238ns15:EnglandWales2023-04-012024-03-3007397238ns14:PoundSterling2023-04-012024-03-3007397238ns10:Director12023-04-012024-03-3007397238ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3007397238ns10:SmallEntities2023-04-012024-03-3007397238ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3007397238ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3007397238ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3007397238ns10:FullAccounts2023-04-012024-03-300739723812023-04-012024-03-3007397238ns10:OrdinaryShareClass12023-04-012024-03-3007397238ns10:OrdinaryShareClass22023-04-012024-03-3007397238ns10:OrdinaryShareClass32023-04-012024-03-3007397238ns10:OrdinaryShareClass42023-04-012024-03-3007397238ns10:OrdinaryShareClass52023-04-012024-03-3007397238ns10:Director22023-04-012024-03-3007397238ns10:RegisteredOffice2023-04-012024-03-3007397238ns5:CurrentFinancialInstruments2024-03-3007397238ns5:CurrentFinancialInstruments2023-03-3107397238ns5:ShareCapital2024-03-3007397238ns5:ShareCapital2023-03-3107397238ns5:RetainedEarningsAccumulatedLosses2024-03-3007397238ns5:RetainedEarningsAccumulatedLosses2023-03-3107397238ns5:ComputerSoftware2023-04-012024-03-3007397238ns5:ComputerSoftware2023-03-3107397238ns5:ComputerSoftware2024-03-3007397238ns5:ComputerSoftware2023-03-3107397238ns5:FurnitureFittings2023-03-3107397238ns5:ComputerEquipment2023-03-3107397238ns5:FurnitureFittings2023-04-012024-03-3007397238ns5:ComputerEquipment2023-04-012024-03-3007397238ns5:FurnitureFittings2024-03-3007397238ns5:ComputerEquipment2024-03-3007397238ns5:FurnitureFittings2023-03-3107397238ns5:ComputerEquipment2023-03-3107397238ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3007397238ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3107397238ns10:OrdinaryShareClass12024-03-3007397238ns10:OrdinaryShareClass22024-03-3007397238ns10:OrdinaryShareClass32024-03-3007397238ns10:OrdinaryShareClass42024-03-3007397238ns10:OrdinaryShareClass52024-03-30073972381ns10:Director12023-03-31073972381ns10:Director12022-03-31073972381ns10:Director12023-04-012024-03-30073972381ns10:Director12022-04-012023-03-31073972381ns10:Director12024-03-30073972381ns10:Director12023-03-31
REGISTERED NUMBER: 07397238 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024

FOR

NAGEENA LIMITED

NAGEENA LIMITED (REGISTERED NUMBER: 07397238)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NAGEENA LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024







DIRECTORS: Mr A Khan
Mrs J A Khan



REGISTERED OFFICE: 12 Victoria Road
Barnsley
South Yorkshire
S70 2BB



REGISTERED NUMBER: 07397238 (England and Wales)



ACCOUNTANTS: Gibson Booth Limited
12 Victoria Road
Barnsley
South Yorkshire
S70 2BB



BANKERS: Handelsbanken
1st Floor, Copia House
Dodworth
Barnsley
South Yorkshire
S75 3SP

NAGEENA LIMITED (REGISTERED NUMBER: 07397238)

BALANCE SHEET
30 MARCH 2024

30.3.24 31.3.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 12,896 15,000
Tangible assets 5 12,312 9,120
25,208 24,120

CURRENT ASSETS
Stocks 22,500 22,333
Debtors 6 246,082 373,908
Cash at bank 4,079 25,630
272,661 421,871
CREDITORS
Amounts falling due within one year 7 329,568 460,096
NET CURRENT LIABILITIES (56,907 ) (38,225 )
TOTAL ASSETS LESS CURRENT LIABILITIES (31,699 ) (14,105 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (31,799 ) (14,205 )
SHAREHOLDERS' FUNDS (31,699 ) (14,105 )

NAGEENA LIMITED (REGISTERED NUMBER: 07397238)

BALANCE SHEET - continued
30 MARCH 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved for issue by the Board of Directors and authorised for issue on 12 May 2025 and were signed on its behalf by:





Mr A Khan - Director


NAGEENA LIMITED (REGISTERED NUMBER: 07397238)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024

1. STATUTORY INFORMATION

Nageena Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Change in reporting period

The company has shortened its reporting period by one day. As a result, the comparative figures may not be entirely comparable.

Significant judgements and estimates
No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Intangible fixed assets
Intangible fixed assets are amortised so as to write off the cost of the asset over the useful economic life of the asset as follows:

Website - 3 years straight line

NAGEENA LIMITED (REGISTERED NUMBER: 07397238)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024

2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Computer equipment - 20% on cost

Stock
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs to purchase, cost of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using average costing formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Work in progress is valued on the basis of direct cost plus attributable overheads based on normal level of activity.

Finished goods are valued at the lower of cost and estimated selling price less costs to complete and sell, cost being valued at direct cost plus attributable overheads based on normal level of activity.

Going concern
The financial statements have been prepared on a going concern basis as the directors have indicated a willingness to support the company on a financial basis for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - NIL ) .

NAGEENA LIMITED (REGISTERED NUMBER: 07397238)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024

4. INTANGIBLE FIXED ASSETS
Website
development
costs
£   
COST
At 1 April 2023 15,000
Additions 2,000
At 30 March 2024 17,000
AMORTISATION
Amortisation for period 4,104
At 30 March 2024 4,104
NET BOOK VALUE
At 30 March 2024 12,896
At 31 March 2023 15,000

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 70 14,555 14,625
Additions - 7,325 7,325
At 30 March 2024 70 21,880 21,950
DEPRECIATION
At 1 April 2023 11 5,494 5,505
Charge for period 14 4,119 4,133
At 30 March 2024 25 9,613 9,638
NET BOOK VALUE
At 30 March 2024 45 12,267 12,312
At 31 March 2023 59 9,061 9,120

NAGEENA LIMITED (REGISTERED NUMBER: 07397238)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.3.24 31.3.23
£    £   
Trade debtors - 34
Other debtors 245,991 2,177
Directors' current accounts - 371,598
Called up share capital not paid 91 99
246,082 373,908

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.3.24 31.3.23
£    £   
Trade creditors 10,009 11,915
VAT 541 818
Other creditors 317,570 445,989
Accruals and deferred income 1,448 1,374
329,568 460,096

8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 30.3.24 31.3.23
value: £    £   
20 A Ordinary £1 20 20
20 B Ordinary £1 20 20
20 C Ordinary £1 20 20
20 D Ordinary £1 20 20
20 E Ordinary £1 20 20
100 100

NAGEENA LIMITED (REGISTERED NUMBER: 07397238)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 March 2024 and the year ended 31 March 2023:

30.3.24 31.3.23
£    £   
Mr A Khan
Balance outstanding at start of period 371,598 -
Amounts advanced 845 372,363
Amounts repaid (372,443 ) (765 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - 371,598

10. RELATED PARTY DISCLOSURES

Other related parties

30.3.24 31.3.23
£    £   
Amounts advanced to related parties 615,340 1,597
Amounts loaned from related parties - 43,000
Amounts reassigned 100 372,010
Amounts due to related parties 91,039 431,477