Nishatec Solutions Limited

(Registration number: 04706794)
Balance Sheet as at 31 March 2025

	Note	31 March 2025 £	31 March 2024 £
Fixed assets
Tangible assets	4	1,513	1,250
Current assets
Debtors	5	875	2,019
Cash at bank and in hand		229	2,436
		1,104	4,455
Creditors: Amounts falling due within one year	6	(6,082)	(5,703)
Net current liabilities		(4,978)	(1,248)
Net (liabilities)/assets		(3,465)	2
Capital and reserves
Called up share capital		2	2
Retained earnings		(3,467)	-
Shareholders' (deficit)/funds		(3,465)	2

For the financial year ending 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; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 December 2025
 

S Ali Director

Nishatec Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

Nishatec Solutions Limited is a private company, limited by shares, registered in England and Wales.

The address of its registered office is:
The Brambles
Elm Lane
Earley
Reading
Berkshire
RG6 5UQ

These financial statements were authorised for issue by the director on 24 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in Pound Sterling (£), which is also the functional currency of the company.

Going concern

The directors are not aware of any material uncertainties that may cast significant doubt over the ability of the company to continue trading, therefore they have adopted the going concern basis of accounting.

Revenue recognition

Revenue (described as Turnover) is the amount receivable for services rendered, net of discounts and value added tax. Revenue is recognised on the provision of services when the right to consideration is obtained through performance.

Tax

Tax on profit represents the sum of the tax currently payable and deferred tax.

Nishatec Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted The tax currently payable is based on taxable profit for the year. Taxable profit differs from the profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of
the year.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities and the corresponding tax bases used to compute taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for temporary differences to the extent that it is probable that taxable profits will be available to utilise the timing difference.

Deferred tax liabilities and assets are measured at tax rates that are expected to apply in the period the liability is settled or the asset realised. The measurement of deferred tax liabilities and assets reflects the tax consequences in which the company expects to recover or settle the underlying amount of its assets and liabilities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss, if any.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% reducing balance
Computer equipment	4 years straight line method

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Nishatec Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Defined contribution pension obligation

The obligation for contributions to defined benefit contribution schemes are recognised as an expense as incurred. The assets of the scheme are held separately from those of the company in an independent administered fund.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Nishatec Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

4	Tangible assets

	Office equipment £	Total £
Cost or valuation
At 1 April 2024	1,947	1,947
Additions	750	750
At 31 March 2025	2,697	2,697
Depreciation
At 1 April 2024	697	697
Charge for the year	487	487
At 31 March 2025	1,184	1,184
Carrying amount
At 31 March 2025	1,513	1,513
At 31 March 2024	1,250	1,250

5

Debtors

Current	31 March 2025 £	31 March 2024 £
Other debtors	875	2,019
	875	2,019

6

Creditors

Creditors: amounts falling due within one year

Nishatec Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

6	Creditors (continued)

	31 March 2025 £	31 March 2024 £
Due within one year
Taxation and social security	33	4,388
Accruals and deferred income	1,315	1,315
Other creditors	4,734	-
	6,082	5,703