NISI Management Limited - Accounts to registrar (filleted) - small 22.3

NISI Management Limited - Accounts to registrar (filleted) - small 22.3

NISI MANAGEMENT LIMITED - Company Information

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REGISTERED NUMBER: 09312945 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2022

for

NISI Management Limited
NISI Management Limited (Registered number: 09312945)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NISI Management Limited

Company Information
for the Year Ended 31 March 2022







DIRECTOR: S Patel





REGISTERED OFFICE: C/o Emmerson Accoutancy
Atlantic Business Centre
Atlantic Street
Altrincham
Cheshire
WA14 5NQ





REGISTERED NUMBER: 09312945 (England and Wales)





ACCOUNTANTS: Emmerson Accountancy Ltd
Atlantic Business Centre
Atlantic Street
Altrincham
Cheshire
WA14 5NQ
Page 1
NISI Management Limited (Registered number: 09312945)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £   
CURRENT ASSETS
Debtors 4 128,500 84,500
Cash at bank 53,336 110,176
181,836 194,676
CREDITORS
Amounts falling due within one year 5 17,166 17,261
NET CURRENT ASSETS 164,670 177,415
TOTAL ASSETS LESS CURRENT
LIABILITIES
164,670
177,415

CREDITORS
Amounts falling due after more than one year 6 18,417 21,250
NET ASSETS 146,253 156,165

CAPITAL AND RESERVES
Called up share capital 7 10 10
Retained earnings 8 146,243 156,155
SHAREHOLDERS' FUNDS 146,253 156,165

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The notes form part of these financial statements

Page 2 continued...
NISI Management Limited (Registered number: 09312945)

Balance Sheet - continued
31 March 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 August 2022 and were signed by:





S Patel - Director


The notes form part of these financial statements

Page 3
NISI Management Limited (Registered number: 09312945)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

NISI Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - NIL ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 3,500 34,500
Loan Parker & Hammond 25,000 50,000
Loan BDS Eyecare 100,000 -
128,500 84,500

Page 4 continued...
NISI Management Limited (Registered number: 09312945)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade creditors 16 22
Tax 15,901 16,002
Directors' current accounts 799 787
Accrued expenses 450 450
17,166 17,261

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans - 1-2 years 18,417 21,250

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.22 31.3.21
value: £    £   
10 Ordinary £1 10 10

8. RESERVES
Retained
earnings
£   

At 1 April 2021 156,155
Profit for the year 67,788
Dividends (77,700 )
At 31 March 2022 146,243

Page 5