2022-06-012023-05-312023-05-31falseSC175256Nice 'N' Sleazy Ltd2023-09-1256302iso4217:GBPxbrli:pureSC1752562022-06-01SC1752562023-05-31SC1752562022-06-012023-05-31SC1752562021-06-01SC1752562022-05-31SC1752562021-06-012022-05-31SC175256bus:SmallEntities2022-06-012023-05-31SC175256bus:AuditExempt-NoAccountantsReport2022-06-012023-05-31SC175256bus:FullAccounts2022-06-012023-05-31SC175256bus:PrivateLimitedCompanyLtd2022-06-012023-05-31SC175256core:WithinOneYear2023-05-31SC175256core:AfterOneYear2023-05-31SC175256core:WithinOneYear2022-05-31SC175256core:AfterOneYear2022-05-31SC175256core:ShareCapital2023-05-31SC175256core:SharePremium2023-05-31SC175256core:RevaluationReserve2023-05-31SC175256core:OtherReservesSubtotal2023-05-31SC175256core:RetainedEarningsAccumulatedLosses2023-05-31SC175256core:ShareCapital2022-05-31SC175256core:SharePremium2022-05-31SC175256core:RevaluationReserve2022-05-31SC175256core:OtherReservesSubtotal2022-05-31SC175256core:RetainedEarningsAccumulatedLosses2022-05-31SC175256core:LandBuildings2023-05-31SC175256core:PlantMachinery2023-05-31SC175256core:Vehicles2023-05-31SC175256core:FurnitureFittings2023-05-31SC175256core:OfficeEquipment2023-05-31SC175256core:NetGoodwill2023-05-31SC175256core:IntangibleAssetsOtherThanGoodwill2023-05-31SC175256core:ListedExchangeTraded2023-05-31SC175256core:UnlistedNon-exchangeTraded2023-05-31SC175256core:LandBuildings2022-05-31SC175256core:PlantMachinery2022-05-31SC175256core:Vehicles2022-05-31SC175256core:FurnitureFittings2022-05-31SC175256core:OfficeEquipment2022-05-31SC175256core:NetGoodwill2022-05-31SC175256core:IntangibleAssetsOtherThanGoodwill2022-05-31SC175256core:ListedExchangeTraded2022-05-31SC175256core:UnlistedNon-exchangeTraded2022-05-31SC175256core:LandBuildings2022-06-012023-05-31SC175256core:PlantMachinery2022-06-012023-05-31SC175256core:Vehicles2022-06-012023-05-31SC175256core:FurnitureFittings2022-06-012023-05-31SC175256core:OfficeEquipment2022-06-012023-05-31SC175256core:NetGoodwill2022-06-012023-05-31SC175256core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-31SC175256core:ListedExchangeTraded2022-06-012023-05-31SC175256core:UnlistedNon-exchangeTraded2022-06-012023-05-31SC175256core:MoreThanFiveYears2022-06-012023-05-31SC175256core:Non-currentFinancialInstruments2023-05-31SC175256core:Non-currentFinancialInstruments2022-05-31SC175256dpl:CostSales2022-06-012023-05-31SC175256dpl:DistributionCosts2022-06-012023-05-31SC175256core:LandBuildings2022-06-012023-05-31SC175256core:PlantMachinery2022-06-012023-05-31SC175256core:Vehicles2022-06-012023-05-31SC175256core:FurnitureFittings2022-06-012023-05-31SC175256core:OfficeEquipment2022-06-012023-05-31SC175256dpl:AdministrativeExpenses2022-06-012023-05-31SC175256core:NetGoodwill2022-06-012023-05-31SC175256core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-31SC175256dpl:GroupUndertakings2022-06-012023-05-31SC175256dpl:ParticipatingInterests2022-06-012023-05-31SC175256dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-31SC175256core:ListedExchangeTraded2022-06-012023-05-31SC175256dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-31SC175256core:UnlistedNon-exchangeTraded2022-06-012023-05-31SC175256dpl:CostSales2021-06-012022-05-31SC175256dpl:DistributionCosts2021-06-012022-05-31SC175256core:LandBuildings2021-06-012022-05-31SC175256core:PlantMachinery2021-06-012022-05-31SC175256core:Vehicles2021-06-012022-05-31SC175256core:FurnitureFittings2021-06-012022-05-31SC175256core:OfficeEquipment2021-06-012022-05-31SC175256dpl:AdministrativeExpenses2021-06-012022-05-31SC175256core:NetGoodwill2021-06-012022-05-31SC175256core:IntangibleAssetsOtherThanGoodwill2021-06-012022-05-31SC175256dpl:GroupUndertakings2021-06-012022-05-31SC175256dpl:ParticipatingInterests2021-06-012022-05-31SC175256dpl:GroupUndertakingscore:ListedExchangeTraded2021-06-012022-05-31SC175256core:ListedExchangeTraded2021-06-012022-05-31SC175256dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-06-012022-05-31SC175256core:UnlistedNon-exchangeTraded2021-06-012022-05-31SC175256core:NetGoodwill2023-05-31SC175256core:IntangibleAssetsOtherThanGoodwill2023-05-31SC175256core:LandBuildings2023-05-31SC175256core:PlantMachinery2023-05-31SC175256core:Vehicles2023-05-31SC175256core:FurnitureFittings2023-05-31SC175256core:OfficeEquipment2023-05-31SC175256core:AfterOneYear2023-05-31SC175256core:WithinOneYear2023-05-31SC175256core:ListedExchangeTraded2023-05-31SC175256core:UnlistedNon-exchangeTraded2023-05-31SC175256core:ShareCapital2023-05-31SC175256core:SharePremium2023-05-31SC175256core:RevaluationReserve2023-05-31SC175256core:OtherReservesSubtotal2023-05-31SC175256core:RetainedEarningsAccumulatedLosses2023-05-31SC175256core:NetGoodwill2022-05-31SC175256core:IntangibleAssetsOtherThanGoodwill2022-05-31SC175256core:LandBuildings2022-05-31SC175256core:PlantMachinery2022-05-31SC175256core:Vehicles2022-05-31SC175256core:FurnitureFittings2022-05-31SC175256core:OfficeEquipment2022-05-31SC175256core:AfterOneYear2022-05-31SC175256core:WithinOneYear2022-05-31SC175256core:ListedExchangeTraded2022-05-31SC175256core:UnlistedNon-exchangeTraded2022-05-31SC175256core:ShareCapital2022-05-31SC175256core:SharePremium2022-05-31SC175256core:RevaluationReserve2022-05-31SC175256core:OtherReservesSubtotal2022-05-31SC175256core:RetainedEarningsAccumulatedLosses2022-05-31SC175256core:NetGoodwill2021-06-01SC175256core:IntangibleAssetsOtherThanGoodwill2021-06-01SC175256core:LandBuildings2021-06-01SC175256core:PlantMachinery2021-06-01SC175256core:Vehicles2021-06-01SC175256core:FurnitureFittings2021-06-01SC175256core:OfficeEquipment2021-06-01SC175256core:AfterOneYear2021-06-01SC175256core:WithinOneYear2021-06-01SC175256core:ListedExchangeTraded2021-06-01SC175256core:UnlistedNon-exchangeTraded2021-06-01SC175256core:ShareCapital2021-06-01SC175256core:SharePremium2021-06-01SC175256core:RevaluationReserve2021-06-01SC175256core:OtherReservesSubtotal2021-06-01SC175256core:RetainedEarningsAccumulatedLosses2021-06-01SC175256core:AfterOneYear2022-06-012023-05-31SC175256core:WithinOneYear2022-06-012023-05-31SC175256core:Non-currentFinancialInstrumentscore:CostValuation2022-06-012023-05-31SC175256core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-06-012023-05-31SC175256core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-06-012023-05-31SC175256core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-06-012023-05-31SC175256core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-06-012023-05-31SC175256core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-06-012023-05-31SC175256core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-06-012023-05-31SC175256core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-06-012023-05-31SC175256core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-06-012023-05-31SC175256core:Non-currentFinancialInstrumentscore:CostValuation2023-05-31SC175256core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-31SC175256core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-31SC175256core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-31SC175256core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-31SC175256core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-31SC175256core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-31SC175256core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-31SC175256core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-31SC175256core:Non-currentFinancialInstrumentscore:CostValuation2022-05-31SC175256core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-05-31SC175256core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-05-31SC175256core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-05-31SC175256core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-05-31SC175256core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-05-31SC175256core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-05-31SC175256core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-05-31SC175256core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-05-31SC175256bus:Director12022-06-012023-05-31

Nice 'N' Sleazy Ltd

Registered Number
SC175256
(Scotland)

Unaudited Financial Statements for the Year ended
31 May 2023

Nice 'N' Sleazy Ltd
Company Information
for the year from 1 June 2022 to 31 May 2023

Director

Porteous, Ariki

Registered Address

10 Newton Terrace
Glasgow
G3 7PJ

Registered Number

SC175256 (Scotland)
Nice 'N' Sleazy Ltd
Balance Sheet as at
31 May 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets656,77757,688
56,77757,688
Current assets
Stocks721,41612,983
Debtors8620,979559,537
Cash at bank and on hand519,371648,634
1,161,7661,221,154
Creditors amounts falling due within one year9(230,376)(301,240)
Net current assets (liabilities)931,390919,914
Total assets less current liabilities988,167977,602
Creditors amounts falling due after one year10(100,000)(140,000)
Net assets888,167837,602
Capital and reserves
Called up share capital22
Profit and loss account888,165837,600
Shareholders' funds888,167837,602
The financial statements were approved and authorised for issue by the Director on 12 September 2023, and are signed on its behalf by:
Porteous, Ariki
Director
Registered Company No. SC175256
Nice 'N' Sleazy Ltd
Notes to the Financial Statements
for the year ended 31 May 2023

1.Statutory information
The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Basis of measurement used in 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 Section1A Small Entities and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
4.Accounting policies
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,value added tax and other sales taxes.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery25
Vehicles25
Office Equipment25
Stocks policy
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Deferred tax policy
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 year 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.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
5.Employee information

20232022
Average number of employees during the year3938
6.Property, plant and equipment

Plant & machinery

Vehicles

Office Equipment

Total

££££
Cost or valuation
At 01 June 2232,48244,500126,495203,477
Additions9,737-6,91716,654
At 31 May 2342,21944,500133,412220,131
Depreciation and impairment
At 01 June 229,13936,580100,070145,789
Charge for year7,5211,9818,06317,565
At 31 May 2316,66038,561108,133163,354
Net book value
At 31 May 2325,5595,93925,27956,777
At 31 May 2223,3437,92026,42557,688
7.Stocks

2023

2022

££
Finished goods21,41612,983
Total21,41612,983
8.Debtors

2023

2022

££
Trade debtors / trade receivables1,334-
Amounts owed by group undertakings565,290559,537
Other debtors22,000-
Prepayments and accrued income32,355-
Total620,979559,537
9.Creditors within one year

2023

2022

££
Trade creditors / trade payables74,92356,189
Bank borrowings and overdrafts40,56240,502
Taxation and social security102,735193,596
Other creditors12,15610,953
Total230,376301,240
10.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts100,000140,000
Total100,000140,000