Company Registration No. 12693253 (England and Wales)
Nepstar Ltd
Unaudited accounts
for the year ended 31 October 2023
Nepstar Ltd
Unaudited accounts
Contents
Nepstar Ltd
Company Information
for the year ended 31 October 2023
Company Number
12693253 (England and Wales)
Nepstar Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
27,746
1,219
Cash at bank and in hand
4,412
13,813
Creditors: amounts falling due within one year
(30,225)
(13,117)
Net current (liabilities)/assets
(25,813)
4,610
Called up share capital
1
1
Profit and loss account
1,932
5,828
Shareholders' funds
1,933
5,829
For the year ending 31 October 2023 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 11 March 2024 and were signed on its behalf by
Helen Evans
Director
Company Registration No. 12693253
Nepstar Ltd
Notes to the Accounts
for the year ended 31 October 2023
Nepstar Ltd is a private company, limited by shares, registered in England and Wales, registration number 12693253.
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.
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
33% Straight Line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 November 2022
-
10,965
10,965
Disposals
-
(5,000)
(5,000)
At 31 October 2023
30,829
5,965
36,794
At 1 November 2022
-
9,746
9,746
Charge for the year
3,083
-
3,083
On disposals
-
(3,781)
(3,781)
At 31 October 2023
3,083
5,965
9,048
At 31 October 2023
27,746
-
27,746
At 31 October 2022
-
1,219
1,219
Amounts falling due within one year
Nepstar Ltd
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
1,219
Other creditors
2,549
4,039
Loans from directors
5,150
9,350
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
