Nira Investments Limited Accounts


Nira Investments Limited FILLETED ACCOUNTS COVER
Nira Investments Limited
Company No. 10696884
Information for Filing with The Registrar
31 March 2019
Nira Investments Limited DIRECTORS REPORT REGISTRAR
The Directors present their report and the accounts for the year ended 31 March 2019.
Principal activities
The Company is dormant and has not traded during the year.
Directors
The Directors who served at any time during the year were as follows:
A. Rafiq
I. Rafiq
N. Rafiq
R. Rafiq
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
N. Rafiq
Director
08 December 2019
Nira Investments Limited BALANCE SHEET REGISTRAR
at
31 March 2019
Company No.
10696884
Notes
2019
2018
£
£
Current assets
Cash at bank and in hand
100100
100100
Net current assets
100100
Total assets less current liabilities
100100
Net assets
100100
Capital and reserves
Called up share capital
100100
Total equity
100100
For the year ending 31 March 2019 the company was entitled to exemption under section 480 of the Companies Act 2006 relating to dormant companies.
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 08 December 2019
And signed on its behalf by:
N. Rafiq
Director
08 December 2019
Nira Investments Limited NOTES TO THE ACCOUNTS REGISTRAR
for the year ended 31 March 2019
1
General information
Its registered number is: 10696884
Its registered office is:
1 Peel Drive
Clayhall
Ilford
Essex
IG5 0JR
The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006. The March 2018 edition of FRS 102 includes amendments arising from the Financial Reporting Council's triennial review of the standard. There is no material effect on the amounts recognised in these financial statements as a result of early adopting these amendments.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from 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 reporting period.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Provisions
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.
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