NIEEA INVESTMENT LIMITED - Accounts

NIEEA INVESTMENT LIMITED - Accounts

NIEEA INVESTMENT LIMITED - Company Information

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Registered Number: 12537580
England and Wales

 

 

 


Report of the Director and Unaudited Financial Statements

for the year ended 31 March 2022

for

NIEEA INVESTMENT LIMITED

NIEEA INVESTMENT LIMITED
Statement of financial position
As at 31 March 2022
 
 		  
£		 2022
£		    
£		 2021
£
Fixed assets 79,676  79,676 
Current assets 328  35 
Creditors: amount falling due within one year (32,599) (40,441)
Net current assets (32,271) (40,406)
Total assets less current liabilities 47,405  39,270 
Creditors: amount falling due after more than one year (47,347) (47,347)
Net assets 58  (8,077)
 
Capital and reserves 58  (8,077)
 
  1. For the year ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the companies act 2006.
  3. 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
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Ifeyinwa Faith Okoye
Director

Date approved: 23 December 2022
1

NIEEA INVESTMENT LIMITED
Notes to the accounts
For the year ended 31 March 2022

Statutory Information
NIEEA INVESTMENT LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration number 12537580, registration address 7 Redstart Avenue, Maidstone, ME15 6ZY, United Kingdom.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Going Concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
2.

Tangible fixed assets

Cost or Valuation Freehold property   Total
  £   £
At 01 April 2021 79,676    79,676 
Additions -    - 
Disposals -    - 
At 31 March 2022 79,676    79,676 
Depreciation
At 01 April 2021 -    - 
Charge for year -    - 
On disposals -    - 
At 31 March 2022 -    - 
Net book values
Closing balance as at 31 March 2022 79,676    79,676 
Opening balance as at 01 April 2021 79,676    79,676 

3.

Average number of employees

Average number of employees during the year was 1  (2021: 1).
2