2022-12-01 2023-11-30 05289306 Nicole Bowden Optics Limited false 05289306 2022-12-01 2023-11-30 05289306 uk-bus:Director1 2022-12-01 2023-11-30 05289306 uk-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 05289306 uk-bus:SmallEntities 2022-12-01 2023-11-30 05289306 uk-bus:FullAccounts 2022-12-01 2023-11-30 05289306 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 05289306 2022-12-01 05289306 2023-11-30 05289306 2022-11-30 xbrli:pure iso4217:GBP 05289306 2021-12-01 2022-11-30
Company Registration Number : 05289306 (England and Wales)
05289306
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2023-11-30
false
Nicole Bowden Optics Limited
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2022-12-01
Nicole Bowden Optics Limited
Unaudited filleted financial statements
For the year ended 30 November 2023
Nicole Bowden Optics Limited
Contents
For the year ended 30 November 2023

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 7


Nicole Bowden Optics Limited
Company Information
For the year ended 30 November 2023

Company registration number 05289306 (England and Wales)
Director Nicole Bowden
Registered office address The Croft Grange Close
Bardsey
Leeds
West Yorkshire
LS17 9AX
Accountant Root Accountants Ltd
Chartered Management Accountants
Sandown House
LS22 7DN
Nicole Bowden Optics Limited
Statement of Financial Position
For the year ended 30 November 2023

2023 2022
Notes £ £
Fixed assets
Property, plant and equipment 118,004 116,793
9 118,004 116,793
Current assets
Inventories 5 16,671 22,030
Debtors 6 511 412
Cash and cash equivalents 89,758 63,372
106,940 85,814
Current liabilities
Creditors: Amounts falling due within one year 7 (46,117) (48,998)
(46,117) (48,998)
Net current assets/(liabilities) 60,823 36,816
Total assets less current liabilities 178,827 153,609
Net assets/(liabilities) 178,827 153,609
Capital and reserves
Called up share capital 8 2 2
Retained earnings 178,825 153,607
Shareholder's funds 178,827 153,609
For the year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 30 November 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 their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 29 January 2024
.............................
Nicole Bowden (Director)
Company registration number: 05289306
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2023-11-30 30 November 2023
2023 2022
£ £
Fixed Assets 118,004 116,793
Current Assets 112,147 85,402
Prepayments and accrued income 511 412
Creditors: amounts falling due within one year (51,835) (48,998)
Net current assets (liabilities) 60,823 36,816
Total assets less current liabilities 178,827 153,609
Net Assets (liabilities) 178,827 153,609
Capital and Reserves 178,827 153,609
For the year ending 30/11/2023 the company was entitled to exemption 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. For the year ending 30-11-2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 29 January 2024 2024-01-29 and signed on behalf of the board,
.............................
Nicole Bowden
Director
Company registration number: 05289306
Nicole Bowden Optics Limited
Notes to the Financial Statements
For the year ended 30 November 2023

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is The Croft Grange Close, Bardsey, Leeds, West Yorkshire, LS17 9AX.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Interest income
Interest income is recognised using the effective interest method.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings0% reducing balance
Plant and Machinery25% reducing balance
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings
Equipment
Motor Cars25% reducing balance
Inventories
Inventories are measured at the lower of cost and net realisable value. Costs of inventories are determined on a first-in-first-out basis. Net realisable value represents the estimated selling price for inventories less all estimated costs necessary to make the sale.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Employee benefits
Payments to defined contribution retirement benefit plans are recognised as an expense when employees have rendered service entitling them to the contributions.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

(4) Employees
During the year, the average number of employees including director was 5 (2022 : 3).

(5) Inventories
2023 2022
£ £
Stock of Finished Goods 16,671 22,030
16,671 22,030

(6) Debtors
Amounts falling due within one year
2023 2022
£ £
Prepayments and accrued income 511 412
511 412

(7) Creditors: Amounts falling due within one year
2023 2022
£ £
Trade creditors 6,669 5,515
Other taxes and social security 14,562 12,847
Other creditors 24,464 30,073
Accruals and deferred income 422 563
46,117 48,998

(8) Share capital
Alloted,called up and fully paid: 2023 2022
£ £
2 (2022 : 2) Ordinary of £ 1 each22
2 2
Retained earnings 2023
£
At 1 December 2022 153,607
Profit of the year 60,218
Dividends paid (35,000)
At 30 November 2023 178,825

(9) Fixed assets
Tangible

£
Cost
As at 01 December 2022156,233
Additions2,159
As at 30 November 2023158,392
Depreciation/Amortisation
As at 01 December 202239,440
For the year949
As at 30 November 202340,389
Net book value
As at 30 November 2023118,003
As at 30 November 2022116,793