Company Registration No. 12634411 (England and Wales)
Nisean Technologies Ltd
Unaudited accounts
for the year ended 31 May 2026
Nisean Technologies Ltd
Unaudited accounts
Contents
Nisean Technologies Ltd
Company Information
for the year ended 31 May 2026
Company Number
12634411 (England and Wales)
Registered Office
22 Conduit Place
London
W2 1HS
England
Accountants
NOORY AND CO ACCOUNTANTS
22 Conduit Place
London
London
W2 1HS
Nisean Technologies Ltd
Statement of financial position
as at 31 May 2026
Tangible assets
10,876
12,795
Cash at bank and in hand
19,547
27,193
Creditors: amounts falling due within one year
5,333
(50,817)
Net current assets
155,880
122,376
Net assets
166,756
135,171
Share premium
100,000
100,000
Profit and loss account
66,756
35,171
Shareholders' funds
166,756
135,171
For the year ending 31 May 2026 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 his 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 24 June 2026 and were signed on its behalf by
Sobhan Ghanavati
Director
Company Registration No. 12634411
Nisean Technologies Ltd
Notes to the Accounts
for the year ended 31 May 2026
Nisean Technologies Ltd is a private company, limited by shares, registered in England and Wales, registration number 12634411. The registered office is 22 Conduit Place, London, W2 1HS, England.
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
5% Reducing Line
4
Tangible fixed assets
Computer equipment
Nisean Technologies Ltd
Notes to the Accounts
for the year ended 31 May 2026
Amounts falling due within one year
Other debtors
131,000
146,000
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
7,768
2,336
Loans from directors
(22,906)
38,621
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).