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Company Registration No. 12069774 (England and Wales)
Nick Lyons Ltd Unaudited accounts for the year ended 30 June 2023
Nick Lyons Ltd Unaudited accounts Contents
Page
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Nick Lyons Ltd Company Information for the year ended 30 June 2023
Director
Nicholas Lyons
Secretary
Nicholas Lyons
Company Number
12069774 (England and Wales)
Registered Office
Gwyngala Lower Condurrow Camborne TR14 9AP England
Accountants
Accounts Studio Ltd 20-22 Wenlock Road London N1 7GU
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Nick Lyons Ltd Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
926 
- 
Current assets
Cash at bank and in hand
91,203 
46,770 
Creditors: amounts falling due within one year
(20,349)
(13,300)
Net current assets
70,854 
33,470 
Net assets
71,780 
33,470 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
71,680 
33,370 
Shareholders' funds
71,780 
33,470 
For the year ending 30 June 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 12 September 2023 and were signed on its behalf by
Nicholas Lyons Director Company Registration No. 12069774
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Nick Lyons Ltd Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Nick Lyons Ltd is a private company, limited by shares, registered in England and Wales, registration number 12069774. The registered office is Gwyngala, Lower Condurrow, Camborne, TR14 9AP, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33.33% straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2022
3,167 
Additions
1,389 
At 30 June 2023
4,556 
Depreciation
At 1 July 2022
3,167 
Charge for the year
463 
At 30 June 2023
3,630 
Net book value
At 30 June 2023
926 
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Nick Lyons Ltd Notes to the Accounts for the year ended 30 June 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
18,624 
12,686 
Loans from directors
1,725 
614 
20,349 
13,300 
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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