Company Registration No. 13271175 (England and Wales)
NIB Gas Ltd
Unaudited accounts
for the year ended 31 March 2022
NIB Gas Ltd
Unaudited accounts
Contents
NIB Gas Ltd
Company Information
for the year ended 31 March 2022
Director
Abdelhafid Djadja
Company Number
13271175 (England and Wales)
Registered Office
Office 41
61 Praed Street
London
W2 1NS
UK
Accountants
Selected Accountants Ltd
2 Spring Street
London
W2 3RA
NIB Gas Ltd
Statement of financial position
as at
31 March 2022
Cash at bank and in hand
1,378
-
Creditors: amounts falling due within one year
(6,144)
-
Net current liabilities
(4,766)
-
Profit and loss account
2,948
-
Shareholders' funds
2,948
-
For the year ending 31 March 2022 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 13 July 2022 and were signed on its behalf by
Abdelhafid Djadja
Director
Company Registration No. 13271175
NIB Gas Ltd
Notes to the Accounts
for the year ended 31 March 2022
NIB Gas Ltd is a private company, limited by shares, registered in England and Wales, registration number 13271175. The registered office is Office 41, 61 Praed Street, London, W2 1NS, UK.
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.
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.
Investments in unquoted equity instruments are measured at fair value. Changes in fair value are recognised in profit or loss. Fair value is estimated by using a valuation technique.
The accounts are presented in £ sterling.
NIB Gas Ltd
Notes to the Accounts
for the year ended 31 March 2022
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
Additions
1,481
8,162
9,643
At 31 March 2022
1,481
8,162
9,643
Charge for the year
297
1,632
1,929
At 31 March 2022
297
1,632
1,929
At 31 March 2022
1,184
6,530
7,714
5
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
1,144
-
Loans from directors
5,000
-
6
Average number of employees
During the year the average number of employees was 0 (2021: 0).