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REGISTERED NUMBER: 12859644 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

THE NINETY NINERS LIMITED

THE NINETY NINERS LIMITED (REGISTERED NUMBER: 12859644)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE NINETY NINERS LIMITED

COMPANY INFORMATION
For The Year Ended 30 September 2024







DIRECTORS: Mr S Goodall
Mr A J Hopper





REGISTERED OFFICE: Notcutt House
36 Southwark Bridge Road
London
SE1 9EU





REGISTERED NUMBER: 12859644 (England and Wales)





ACCOUNTANTS: BAND Advisory Group Limited
111 Charterhouse Street
London
EC1M 6AW

THE NINETY NINERS LIMITED (REGISTERED NUMBER: 12859644)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 4,184 10,510
Investments 5 34,250 34,250
38,434 44,760

CURRENT ASSETS
Debtors 6 91,590 308,476
Cash at bank 166,341 135,359
257,931 443,835
CREDITORS
Amounts falling due within one year 7 446,698 395,545
NET CURRENT (LIABILITIES)/ASSETS (188,767 ) 48,290
TOTAL ASSETS LESS CURRENT
LIABILITIES

(150,333

)

93,050

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 9 (150,335 ) 93,048
SHAREHOLDERS' FUNDS (150,333 ) 93,050

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 NINETY NINERS LIMITED (REGISTERED NUMBER: 12859644)

BALANCE SHEET - continued
30 September 2024


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 by the Board of Directors and authorised for issue on 23 June 2025 and were signed on its behalf by:




Mr S Goodall - Director



Mr A J Hopper - Director


THE NINETY NINERS LIMITED (REGISTERED NUMBER: 12859644)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2024


1. STATUTORY INFORMATION

The Ninety Niners 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable,excluding discounts, rebates, value added tax and other sales taxes.

Revenue is generally recognised as contract activity progresses so that for incomplete contracts it reflects the partial performance of the contractual obligations. For such contracts the amount of revenue reflects the accrual of the right to consideration by reference to the value of work performed. Revenue not billed to clients is included in debtors and payments on account in excess of the relevant amount of revenue are included in creditors.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method.

A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.


THE NINETY NINERS LIMITED (REGISTERED NUMBER: 12859644)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 October 2023
and 30 September 2024 21,212
DEPRECIATION
At 1 October 2023 10,702
Charge for year 6,326
At 30 September 2024 17,028
NET BOOK VALUE
At 30 September 2024 4,184
At 30 September 2023 10,510

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2023
and 30 September 2024 34,250
NET BOOK VALUE
At 30 September 2024 34,250
At 30 September 2023 34,250

THE NINETY NINERS LIMITED (REGISTERED NUMBER: 12859644)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 70,653 283,079
Other debtors - 3,822
Prepayments and accrued income 20,937 21,575
91,590 308,476

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 90,488 22,537
Tax 51,606 85,755
Social security and other taxes 45,209 17,304
VAT 13,169 25,310
Credit card 8,345 11,527
Pension control 1,604 1,690
Directors' current accounts 41 563
Accruals and deferred income 236,236 230,859
446,698 395,545

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 58,985 72,585
Between one and five years 32,640 91,275
91,625 163,860

9. RESERVES
Retained
earnings
£   

At 1 October 2023 93,048
Profit for the year 147,417
Dividends (390,800 )
At 30 September 2024 (150,335 )