29 February 2024 false No description of principal activity Taxfiler 2024.6 14634050business:PrivateLimitedCompanyLtd2024-02-292025-02-28 146340502024-02-28 146340502024-02-292025-02-28 14634050business:AuditExemptWithAccountantsReport2024-02-292025-02-28 14634050business:FilletedAccounts2024-02-292025-02-28 146340502025-02-28 14634050business:Director12024-02-292025-02-28 14634050business:Director22024-02-292025-02-28 14634050business:RegisteredOffice2024-02-292025-02-28 146340502024-02-28 14634050core:WithinOneYear2025-02-28 14634050core:WithinOneYear2024-02-28 14634050core:AfterOneYear2025-02-28 14634050core:AfterOneYear2024-02-28 14634050core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-02-28 14634050core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 14634050core:PreviouslyStatedAmount2025-02-28 14634050core:PreviouslyStatedAmount2024-02-28 14634050business:SmallEntities2024-02-292025-02-28 14634050countries:EnglandWales2024-02-292025-02-28 14634050core:FurnitureFittings2024-02-292025-02-28 14634050core:FurnitureFittings2024-02-28 14634050core:FurnitureFittings2025-02-28 146340502023-02-022024-02-28 iso4217:GBP xbrli:pure
Company Registration No. 14634050 (England and Wales)
NARIKEN APARTMENTS LTD Unaudited accounts for the period from 29 February 2024 to 28 February 2025
NARIKEN APARTMENTS LTD Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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NARIKEN APARTMENTS LTD Company Information for the period from 29 February 2024 to 28 February 2025
Directors
Benjamin Onuchukwu OLUFEKO, Olubukunola Oluseye Yetunde
Company Number
14634050 (England and Wales)
Registered Office
128 CITY ROAD LONDON EC1V 2NX UNITED KINGDOM
Accountants
Debs Accounting & Taxation Services 17 Martins Place London SE28 0LG
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NARIKEN APARTMENTS LTD Accountants' report
Accountants' report to the board of directors of NARIKEN APARTMENTS LTD on the preparation of the unaudited statutory accounts for the period from 29 February 2024 to 28 February 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of NARIKEN APARTMENTS LTD for the period from 29 February 2024 to 28 February 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of NARIKEN APARTMENTS LTD, as a body, in accordance with the terms of our engagement letter dated 20 February 2025. Our work has been undertaken solely to prepare for your approval the accounts of NARIKEN APARTMENTS LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than NARIKEN APARTMENTS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that NARIKEN APARTMENTS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of NARIKEN APARTMENTS LTD. You consider that NARIKEN APARTMENTS LTD is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of NARIKEN APARTMENTS LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Debs Accounting & Taxation Services 17 Martins Place London SE28 0LG 27 February 2025
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NARIKEN APARTMENTS LTD Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
10,531 
2,557 
Current assets
Cash at bank and in hand
2,439 
- 
Creditors: amounts falling due within one year
5
3,907 
(1,231)
Net current assets/(liabilities)
6,346 
(1,231)
Total assets less current liabilities
16,877 
1,326 
Creditors: amounts falling due after more than one year
6
(89,087)
(39,000)
Net liabilities
(72,210)
(37,674)
Capital and reserves
Profit and loss account
(72,210)
(37,674)
Shareholders' funds
(72,210)
(37,674)
For the period ending 28 February 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 28 February 2025 and were signed on its behalf by
Benjamin Onuchukwu Director Company Registration No. 14634050
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NARIKEN APARTMENTS LTD Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
1
Statutory information
NARIKEN APARTMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 14634050. The registered office is 128 CITY ROAD, LONDON, EC1V 2NX, UNITED KINGDOM.
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 period, 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:
Fixtures & fittings
20%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 29 February 2024
2,557 
Additions
7,974 
At 28 February 2025
10,531 
Depreciation
At 28 February 2025
- 
Net book value
At 28 February 2025
10,531 
At 28 February 2024
2,557 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
(3,907)
- 
Loans from directors
- 
1,231 
(3,907)
1,231 
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NARIKEN APARTMENTS LTD Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Trade creditors
43,187 
- 
Loans from directors
45,900 
39,000 
89,087 
39,000 
7
Average number of employees
During the period the average number of employees was 0 (2024: 0).
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