Company Registration No. 11113261 (England and Wales)
Nasahi Ltd
Unaudited accounts
for the year ended 31 December 2024
Nasahi Ltd
Unaudited accounts
Contents
Nasahi Ltd
Company Information
for the year ended 31 December 2024
Company Number
11113261 (England and Wales)
Registered Office
40 Bennett Way
Cambridge
CB22 3FR
Accountants
Anthony Daniel Associates Ltd
10 Julian Place
London
E14 3AT
Nasahi Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
5,935
7,935
Inventories
257,487
167,434
Cash at bank and in hand
381,912
346,831
Creditors: amounts falling due within one year
(258,052)
(226,532)
Net current assets
462,681
322,215
Net assets
468,616
330,150
Called up share capital
100
100
Profit and loss account
468,516
330,050
Shareholders' funds
468,616
330,150
For the year ending 31 December 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 her 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 9 September 2025 and were signed on its behalf by
Zheng Zhang
Director
Company Registration No. 11113261
Nasahi Ltd
Notes to the Accounts
for the year ended 31 December 2024
Nasahi Ltd is a private company, limited by shares, registered in England and Wales, registration number 11113261. The registered office is 40 Bennett Way, Cambridge, CB22 3FR.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
20% on cost
Computer equipment
20% on cost
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Nasahi Ltd
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
811
13,176
13,987
At 31 December 2024
811
13,872
14,683
At 1 January 2024
647
5,405
6,052
Charge for the year
91
2,605
2,696
At 31 December 2024
738
8,010
8,748
At 31 December 2024
73
5,862
5,935
At 31 December 2023
164
7,771
7,935
Amounts falling due within one year
Trade debtors
81,110
34,044
Accrued income and prepayments
124
338
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
135,893
8,186
Taxes and social security
77,585
179,165
Proposed dividends
19,000
30,000
Loans from directors
23,460
7,581
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The ultimate controlling party is Ms. Zheng Zhang, who is the sole director and holds one hundred percent of the company shares.
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Average number of employees
During the year the average number of employees was 3 (2023: 3).