2022-08-012023-07-312023-07-31false11470987NIMI LTD2024-04-12iso4217:GBPxbrli:pure114709872022-08-01114709872023-07-31114709872022-08-012023-07-31114709872021-08-01114709872022-07-31114709872021-08-012022-07-3111470987bus:SmallEntities2022-08-012023-07-3111470987bus:AuditExempt-NoAccountantsReport2022-08-012023-07-3111470987bus:AbridgedAccounts2022-08-012023-07-3111470987bus:PrivateLimitedCompanyLtd2022-08-012023-07-3111470987core:WithinOneYear2023-07-3111470987core:AfterOneYear2023-07-3111470987core:WithinOneYear2022-07-3111470987core:AfterOneYear2022-07-3111470987core:ShareCapital2023-07-3111470987core:SharePremium2023-07-3111470987core:RevaluationReserve2023-07-3111470987core:OtherReservesSubtotal2023-07-3111470987core:RetainedEarningsAccumulatedLosses2023-07-3111470987core:ShareCapital2022-07-3111470987core:SharePremium2022-07-3111470987core:RevaluationReserve2022-07-3111470987core:OtherReservesSubtotal2022-07-3111470987core:RetainedEarningsAccumulatedLosses2022-07-3111470987core:LandBuildings2023-07-3111470987core:PlantMachinery2023-07-3111470987core:Vehicles2023-07-3111470987core:FurnitureFittings2023-07-3111470987core:OfficeEquipment2023-07-3111470987core:NetGoodwill2023-07-3111470987core:IntangibleAssetsOtherThanGoodwill2023-07-3111470987core:ListedExchangeTraded2023-07-3111470987core:UnlistedNon-exchangeTraded2023-07-3111470987core:LandBuildings2022-07-3111470987core:PlantMachinery2022-07-3111470987core:Vehicles2022-07-3111470987core:FurnitureFittings2022-07-3111470987core:OfficeEquipment2022-07-3111470987core:NetGoodwill2022-07-3111470987core:IntangibleAssetsOtherThanGoodwill2022-07-3111470987core:ListedExchangeTraded2022-07-3111470987core:UnlistedNon-exchangeTraded2022-07-3111470987core:LandBuildings2022-08-012023-07-3111470987core:PlantMachinery2022-08-012023-07-3111470987core:Vehicles2022-08-012023-07-3111470987core:FurnitureFittings2022-08-012023-07-3111470987core:OfficeEquipment2022-08-012023-07-3111470987core:NetGoodwill2022-08-012023-07-3111470987core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3111470987core:ListedExchangeTraded2022-08-012023-07-3111470987core:UnlistedNon-exchangeTraded2022-08-012023-07-3111470987core:MoreThanFiveYears2022-08-012023-07-3111470987core:Non-currentFinancialInstruments2023-07-3111470987core:Non-currentFinancialInstruments2022-07-3111470987dpl:CostSales2022-08-012023-07-3111470987dpl:DistributionCosts2022-08-012023-07-3111470987core:LandBuildings2022-08-012023-07-3111470987core:PlantMachinery2022-08-012023-07-3111470987core:Vehicles2022-08-012023-07-3111470987core:FurnitureFittings2022-08-012023-07-3111470987core:OfficeEquipment2022-08-012023-07-3111470987dpl:AdministrativeExpenses2022-08-012023-07-3111470987core:NetGoodwill2022-08-012023-07-3111470987core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3111470987dpl:GroupUndertakings2022-08-012023-07-3111470987dpl:ParticipatingInterests2022-08-012023-07-3111470987dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3111470987core:ListedExchangeTraded2022-08-012023-07-3111470987dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3111470987core:UnlistedNon-exchangeTraded2022-08-012023-07-3111470987dpl:CostSales2021-08-012022-07-3111470987dpl:DistributionCosts2021-08-012022-07-3111470987core:LandBuildings2021-08-012022-07-3111470987core:PlantMachinery2021-08-012022-07-3111470987core:Vehicles2021-08-012022-07-3111470987core:FurnitureFittings2021-08-012022-07-3111470987core:OfficeEquipment2021-08-012022-07-3111470987dpl:AdministrativeExpenses2021-08-012022-07-3111470987core:NetGoodwill2021-08-012022-07-3111470987core:IntangibleAssetsOtherThanGoodwill2021-08-012022-07-3111470987dpl:GroupUndertakings2021-08-012022-07-3111470987dpl:ParticipatingInterests2021-08-012022-07-3111470987dpl:GroupUndertakingscore:ListedExchangeTraded2021-08-012022-07-3111470987core:ListedExchangeTraded2021-08-012022-07-3111470987dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-08-012022-07-3111470987core:UnlistedNon-exchangeTraded2021-08-012022-07-3111470987core:NetGoodwill2023-07-3111470987core:IntangibleAssetsOtherThanGoodwill2023-07-3111470987core:LandBuildings2023-07-3111470987core:PlantMachinery2023-07-3111470987core:Vehicles2023-07-3111470987core:FurnitureFittings2023-07-3111470987core:OfficeEquipment2023-07-3111470987core:AfterOneYear2023-07-3111470987core:WithinOneYear2023-07-3111470987core:ListedExchangeTraded2023-07-3111470987core:UnlistedNon-exchangeTraded2023-07-3111470987core:ShareCapital2023-07-3111470987core:SharePremium2023-07-3111470987core:RevaluationReserve2023-07-3111470987core:OtherReservesSubtotal2023-07-3111470987core:RetainedEarningsAccumulatedLosses2023-07-3111470987core:NetGoodwill2022-07-3111470987core:IntangibleAssetsOtherThanGoodwill2022-07-3111470987core:LandBuildings2022-07-3111470987core:PlantMachinery2022-07-3111470987core:Vehicles2022-07-3111470987core:FurnitureFittings2022-07-3111470987core:OfficeEquipment2022-07-3111470987core:AfterOneYear2022-07-3111470987core:WithinOneYear2022-07-3111470987core:ListedExch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NIMI LTD

Registered Number
11470987
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2023

NIMI LTD
Company Information
for the year from 1 August 2022 to 31 July 2023

Directors

BARGWANNA, Nicole Maria
YAMADA, Mio

Registered Address

4 Bank Street
Sevenoaks
TN13 1UW

Registered Number

11470987 (England and Wales)
NIMI LTD
Balance Sheet as at
31 July 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets315,7671,833
15,7671,833
Current assets
Stocks13,90013,900
Debtors9,032-
Cash at bank and on hand2,7841,820
25,71615,720
Creditors amounts falling due within one year(82,039)(43,653)
Net current assets (liabilities)(56,323)(27,933)
Total assets less current liabilities(40,556)(26,100)
Creditors amounts falling due after one year(5,583)(2,153)
Net assets(46,139)(28,253)
Capital and reserves
Called up share capital22
Profit and loss account(46,141)(28,255)
Shareholders' funds(46,139)(28,253)
The financial statements were approved and authorised for issue by the Board of Directors on 12 April 2024, and are signed on its behalf by:
BARGWANNA, Nicole Maria
Director
YAMADA, Mio
Director

Registered Company No. 11470987
NIMI LTD
Notes to the Financial Statements
for the year ended 31 July 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Straight line (years)
Fixtures and fittings10
Office Equipment4
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20232022
Average number of employees during the year11
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 August 225,457
Additions15,427
At 31 July 2320,885
Depreciation and impairment
At 01 August 223,624
Charge for year1,493
At 31 July 235,117
Net book value
At 31 July 2315,767
At 31 July 221,833