2 false false false false false false false false false false true false false false false false false No description of principal activity 2022-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 9,433 9,433 2,357 2,357 7,076 xbrli:pure xbrli:shares iso4217:GBP 09069415 2022-07-01 2023-06-30 09069415 2023-06-30 09069415 2022-06-30 09069415 2021-07-01 2022-06-30 09069415 2022-06-30 09069415 2021-06-30 09069415 core:FurnitureFittings 2022-07-01 2023-06-30 09069415 bus:Director1 2022-07-01 2023-06-30 09069415 bus:Director2 2022-07-01 2023-06-30 09069415 core:FurnitureFittings 2023-06-30 09069415 core:WithinOneYear 2023-06-30 09069415 core:WithinOneYear 2022-06-30 09069415 core:ShareCapital 2023-06-30 09069415 core:ShareCapital 2022-06-30 09069415 core:RetainedEarningsAccumulatedLosses 2023-06-30 09069415 core:RetainedEarningsAccumulatedLosses 2022-06-30 09069415 bus:SmallEntities 2022-07-01 2023-06-30 09069415 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 09069415 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 09069415 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 09069415 bus:FullAccounts 2022-07-01 2023-06-30
COMPANY REGISTRATION NUMBER: 09069415
NICKELSTAR LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 June 2023
NICKELSTAR LIMITED
STATEMENT OF FINANCIAL POSITION
30 June 2023
2023
2022
Note
£
£
£
£
FIXED ASSETS
Tangible assets
5
7,076
CURRENT ASSETS
Debtors
6
41,467
28,946
Cash at bank and in hand
55,594
50,588
--------
--------
97,061
79,534
CREDITORS: amounts falling due within one year
7
( 43,630)
( 34,757)
--------
--------
NET CURRENT ASSETS
53,431
44,777
--------
--------
TOTAL ASSETS LESS CURRENT LIABILITIES
60,507
44,777
PROVISIONS
( 1,328)
--------
--------
NET ASSETS
59,179
44,777
--------
--------
CAPITAL AND RESERVES
Called up share capital
100
100
Profit and loss account
59,079
44,677
--------
--------
SHAREHOLDERS FUNDS
59,179
44,777
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
NICKELSTAR LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
30 June 2023
These financial statements were approved by the board of directors and authorised for issue on 13 February 2024 , and are signed on behalf of the board by:
H D Glynn
C D Glynn
Director
Director
Company registration number: 09069415
NICKELSTAR LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 JUNE 2023
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20-22 Bridge End, Leeds, West Yorkshire, LS1 4DJ.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of services supplied, exclusive of Value Added Tax.
Income tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
-
25% reducing balance
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to 2 (2022: 2 ).
5. TANGIBLE ASSETS
Fixtures and fittings
£
Cost
At 1 July 2022
Additions
9,433
-------
At 30 June 2023
9,433
-------
Depreciation
At 1 July 2022
Charge for the year
2,357
-------
At 30 June 2023
2,357
-------
Carrying amount
At 30 June 2023
7,076
-------
At 30 June 2022
-------
6. DEBTORS
2023
2022
£
£
Trade debtors
11,420
10,598
Other debtors
30,047
18,348
--------
--------
41,467
28,946
--------
--------
7. CREDITORS: amounts falling due within one year
2023
2022
£
£
Corporation tax
8,598
5,779
Social security and other taxes
3,383
3,895
Other creditors
30,384
23,883
Other creditors
1,265
1,200
--------
--------
43,630
34,757
--------
--------