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Registered Number: 15162286
England and Wales

 

 

 

NY GROUP LTD



Unaudited Financial Statements
 


Period of accounts

Start date: 01 October 2023

End date: 30 September 2024
Directors MR NEFAUR REHMAN
MR YSSER MEHMOOD LODHI
Registered Number 15162286
Registered Office CROWN HOUSE
27 OLD GLOUCESTER STREET
LONDON
WC1N 3AX
Accountants Truetax Ltd
467 GREAT HORTON ROAD

BRADFORD
BD7 3DL
1
  2024
    £ £
Current assets 100   
Creditors: amount falling due within one year (1,000)  
Net current assets   (900)
Total assets less current liabilities   (900)
Creditors: amount falling due after more than one year   (66,015)
Net assets   (66,915)
 

     
Capital and reserves   (66,915)
 
NOTES TO THE ACCOUNTS

General Information
NY GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 15162286, registration address CROWN HOUSE, 27 OLD GLOUCESTER STREET, LONDON, WC1N 3AX.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – 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.
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:
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.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 0.


For the year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge 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 in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 02 January 2026 and were signed on its behalf by:


--------------------------------
MR NEFAUR REHMAN
Director
2