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REGISTERED NUMBER: 09815594 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Nemi Teas Limited

Nemi Teas Limited (Registered number: 09815594)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Nemi Teas Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: P Chopra





REGISTERED OFFICE: Suite 3A
14A Sutton Court Road
London
W4 4NG





REGISTERED NUMBER: 09815594 (England and Wales)





ACCOUNTANTS: NT Accountancy
Chartered Accountants
43 Lynton Mead
London
N20 8DG

Nemi Teas Limited (Registered number: 09815594)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,609 19,244

CURRENT ASSETS
Stocks 5 112,752 121,755
Debtors 6 415,430 294,862
Cash at bank 164,011 85,054
692,193 501,671
CREDITORS
Amounts falling due within one year 7 423,956 315,023
NET CURRENT ASSETS 268,237 186,648
TOTAL ASSETS LESS CURRENT
LIABILITIES

286,846

205,892

CREDITORS
Amounts falling due after more than
one year

8

19,715

41,069
NET ASSETS 267,131 164,823

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 267,031 164,723
SHAREHOLDERS' FUNDS 267,131 164,823

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Nemi Teas Limited (Registered number: 09815594)

Balance Sheet - continued
31 October 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 director and authorised for issue on 22 July 2025 and were signed by:





P Chopra - Director


Nemi Teas Limited (Registered number: 09815594)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Nemi Teas 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 20% on reducing balance
Computer equipment - 25% on reducing balance

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

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 4 (2023 - 4 ) .

Nemi Teas Limited (Registered number: 09815594)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Computer
Equipment equipment Totals
£    £    £   
COST
At 1 November 2023 24,789 6,006 30,795
Additions 4,234 - 4,234
At 31 October 2024 29,023 6,006 35,029
DEPRECIATION
At 1 November 2023 9,013 2,538 11,551
Charge for year 4,002 867 4,869
At 31 October 2024 13,015 3,405 16,420
NET BOOK VALUE
At 31 October 2024 16,008 2,601 18,609
At 31 October 2023 15,776 3,468 19,244

5. STOCKS
31.10.24 31.10.23
£    £   
Stocks 112,752 121,755

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 297,696 264,342
Other debtors 117,734 30,520
415,430 294,862

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 2,412 2,412
Corporation Tax 32,654 22,253
Other creditors 10,617 20,594
Directors' current accounts 76,376 43,346
Accruals and deferred income 301,897 226,418
423,956 315,023

Nemi Teas Limited (Registered number: 09815594)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans - 1-2 years 4,824 4,824
Bank loans - 2-5 years 6,601 9,013
Loan UN Ltd Impact 2,075 13,077
Loan Centre for Innovation 6,215 14,155
19,715 41,069