N6 Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 11391037 (England and Wales)

UNAUDITED CESSATION FINANCIAL STATEMENTS

FOR THE PERIOD

1 JUNE 2021 TO 30 NOVEMBER 2022

FOR

N6 LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

L A Kyriacou

P. Tagliaferri

REGISTERED OFFICE:

Langley House

Park Road

London

N2 8EY

REGISTERED NUMBER:

11391037 (England and Wales)

ACCOUNTANTS:

Accura Accountants Ltd

Langley House

Park Road

East Finchley

London

N2 8EY

FIXED ASSETS

Tangible assets

4

-

17,476

Investment property

5

-

745,684

-

763,160

CURRENT ASSETS

Cash at bank and in hand

15,204

38,387

CREDITORS

Amounts falling due within one year

6

14,550

45,803

NET CURRENT ASSETS/(LIABILITIES)

654

(7,416

)

TOTAL ASSETS LESS CURRENT LIABILITIES

654

755,744

CREDITORS

Amounts falling due after more than one year

7

-

735,000

NET ASSETS

654

20,744

CAPITAL AND RESERVES

Called up share capital

99

99

Retained earnings

555

20,645

654

20,744

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Board of Directors and authorised for issue on 7 February 2023 and were signed on its behalf by:

P. Tagliaferri - Director

L A Kyriacou - Director

1.	STATUTORY INFORMATION

N6 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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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 period was NIL (2021 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2021

and 30 November 2022

17,476

DEPRECIATION

Eliminated on disposal

17,476

At 30 November 2022

17,476

NET BOOK VALUE

At 30 November 2022

-

At 31 May 2021

17,476

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2021

745,684

Additions

14,638

At 30 November 2022

760,322

DEPRECIATION

Eliminated on disposal

760,322

At 30 November 2022

760,322

NET BOOK VALUE

At 30 November 2022

-

At 31 May 2021

745,684

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.22

31.5.21

£

£

Taxation and social security

10,439

82

Other creditors

4,111

45,721

14,550

45,803

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.22

31.5.21

£

£

Other creditors

-

735,000