NOSAKHARI LTD - Accounts

NOSAKHARI LTD
Contents Page
For the year ended 31 March 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

NOSAKHARI LTD Accountants' Report For the year ended 31 March 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. THAVA & CO 31 March 2025 .................................................... THAVA & CO 54 MARDELL ROAD Croydon CR0 7TG 30 December 2025 1

NOSAKHARI LTD
Accountants' Report
For the year ended 31 March 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
THAVA & CO
31 March 2025

....................................................

THAVA & CO
54
MARDELL ROAD
Croydon
CR0 7TG
30 December 2025

1

NOSAKHARI LTD
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	0	2,217
Tangible fixed assets	4	0	21,820
		0	24,037
Current assets
Stocks		0	14,880
Debtors		5,250	6,916
Cash at bank and in hand		428	6,905
		5,678	28,701
Creditors: amount falling due within one year		(548,623)	(428,218)
Net current assets		(542,945)	(399,517)

Total assets less current liabilities		(542,945)	(375,480)
Creditors: amount falling due after more than one year		(437,746)	(451,330)
Net assets		(980,691)	(826,810)

Capital and reserves
Called up share capital		104	104
Profit and loss account		(980,795)	(826,914)
Shareholders' funds		(980,691)	(826,810)

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 30 December 2025 and were signed by:

-------------------------------
Nosakhare Kingsley OSADOLOR
Director

2

NOSAKHARI LTD
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

NOSAKHARI LTD is a private company, limited by shares, registered in , registration number 07549911, registration address 14 FULKE HOUSE BROOKE ROAD, LONDON, E5 8AX.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 4 (2024 : 5).

3.

Intangible fixed assets

Cost	Other	Total
	£	£
At 01 April 2024	10,344	10,344
Additions	-	-
Disposals	(10,344)	(10,344)
At 31 March 2025	-	-
Amortisation
At 01 April 2024	8,127	8,127
Charge for year	1,034	1,034
On disposals	(9,161)	(9,161)
At 31 March 2025	-	-
Net book values
At 31 March 2025	-	-
At 31 March 2024	2,217	2,217

4.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Fixtures and Fittings	Total
	£	£	£
At 01 April 2024	26,544	50,865	77,409
Additions	-	-	-
Disposals	(26,544)	(50,865)	(77,409)
At 31 March 2025	-	-	-
Depreciation
At 01 April 2024	26,543	29,046	55,589
Charge for year	-	10,173	10,173
On disposals	(26,543)	(39,219)	(65,762)
At 31 March 2025	-	-	-
Net book values
Closing balance as at 31 March 2025	-	-	-
Opening balance as at 01 April 2024	1	21,819	21,820

3

Registered Number: 07549911

NOSAKHARI LTD

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025