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Company Registration No. 11819832 (England and Wales)
NIKESBRIDGE VENTURES SERVICES LTD Unaudited accounts for the year ended 28 February 2023
NIKESBRIDGE VENTURES SERVICES LTD Unaudited accounts Contents
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NIKESBRIDGE VENTURES SERVICES LTD Company Information for the year ended 28 February 2023
Director
OLAWALE Abbas Odenike
Company Number
11819832 (England and Wales)
Registered Office
7 Jedburgh Drive Sheffield S9 1QD England
Accountants
Egemole & Co Accountants 29 Mansfield Road Sheffield South Yorkshire S12 2AE
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NIKESBRIDGE VENTURES SERVICES LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
27,011 
- 
Current assets
Cash at bank and in hand
10 
33,863 
Creditors: amounts falling due within one year
- 
(87)
Net current assets
10 
33,776 
Total assets less current liabilities
27,021 
33,776 
Creditors: amounts falling due after more than one year
(22,026)
(24,971)
Net assets
4,995 
8,805 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
4,994 
8,804 
Shareholders' funds
4,995 
8,805 
For the year ending 28 February 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 7 February 2024 and were signed on its behalf by
OLAWALE Abbas Odenike Director Company Registration No. 11819832
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NIKESBRIDGE VENTURES SERVICES LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
NIKESBRIDGE VENTURES SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 11819832. The registered office is 7 Jedburgh Drive, Sheffield, S9 1QD, 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.
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:
Motor vehicles
18%
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 March 2022
- 
Additions
22,891 
At 28 February 2023
22,891 
Depreciation
Charge for the year
(4,120)
At 28 February 2023
(4,120)
Net book value
At 28 February 2023
27,011 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
87 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
22,026 
24,971 
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NIKESBRIDGE VENTURES SERVICES LTD Notes to the Accounts for the year ended 28 February 2023
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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