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Company Registration No. 13888547 (England and Wales)
NICOLE'S KNITTING KNACK LTD Unaudited accounts for the year ended 29 February 2024
NICOLE'S KNITTING KNACK LTD Unaudited accounts Contents
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NICOLE'S KNITTING KNACK LTD Company Information for the year ended 29 February 2024
Directors
Nicoleta CIORNEA Valentin CIORNEA
Company Number
13888547 (England and Wales)
Registered Office
17 STROVER STREET GILLINGHAM ME7 1JD ENGLAND
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NICOLE'S KNITTING KNACK LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,462 
3,859 
Current assets
Inventories
35,395 
15,395 
Cash at bank and in hand
4,630 
1,414 
40,025 
16,809 
Creditors: amounts falling due within one year
(40,127)
(21,033)
Net current liabilities
(102)
(4,224)
Net assets/(liabilities)
3,360 
(365)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
3,358 
(367)
Shareholders' funds
3,360 
(365)
For the year ending 29 February 2024 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 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 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 of Directors and authorised for issue on 15 March 2024 and were signed on its behalf by
Valentin CIORNEA Director Company Registration No. 13888547
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NICOLE'S KNITTING KNACK LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
NICOLE'S KNITTING KNACK LTD is a private company, limited by shares, registered in England and Wales, registration number 13888547. The registered office is 17 STROVER STREET, GILLINGHAM, ME7 1JD, 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:
Plant & machinery
18%
Motor vehicles
18%
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
4,707 
- 
4,707 
Additions
- 
550 
550 
At 29 February 2024
4,707 
550 
5,257 
Depreciation
At 1 March 2023
848 
- 
848 
Charge for the year
848 
99 
947 
At 29 February 2024
1,696 
99 
1,795 
Net book value
At 29 February 2024
3,011 
451 
3,462 
At 28 February 2023
3,859 
- 
3,859 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
968 
- 
Loans from directors
39,159 
21,033 
40,127 
21,033 
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NICOLE'S KNITTING KNACK LTD Notes to the Accounts for the year ended 29 February 2024
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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