Acorah Software Products - Accounts Production 15.0.600 false true true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 11797876 Mr Calum Howarth Mr Calum Howarth true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11797876 2023-01-31 11797876 2024-01-31 11797876 2023-02-01 2024-01-31 11797876 frs-core:CurrentFinancialInstruments 2024-01-31 11797876 frs-core:ShareCapital 2024-01-31 11797876 frs-core:RetainedEarningsAccumulatedLosses 2023-02-01 2024-01-31 11797876 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 11797876 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11797876 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 11797876 frs-bus:SmallEntities 2023-02-01 2024-01-31 11797876 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 11797876 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11797876 1 2023-02-01 2024-01-31 11797876 frs-bus:Director1 2023-02-01 2024-01-31 11797876 frs-countries:EnglandWales 2023-02-01 2024-01-31 11797876 2022-01-31 11797876 2023-01-31 11797876 2022-02-01 2023-01-31 11797876 frs-core:CurrentFinancialInstruments 2023-01-31 11797876 frs-core:ShareCapital 2022-01-31 11797876 frs-core:ShareCapital 2023-01-31 11797876 frs-core:RetainedEarningsAccumulatedLosses 2022-02-01 2023-01-31 11797876 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-01-31 11797876 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 11797876
Nice Vibes Limited
Financial Statements
For The Year Ended 31 January 2024
Simply Accounts
1 Queen's Park Road
Handbridge
Chester
Cheshire
CH4 7AD
Contents
Page
Balance Sheet 1
Statement of Changes in Equity 2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11797876
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 13,770 14,324
Cash at bank and in hand 859 5
14,629 14,329
Creditors: Amounts Falling Due Within One Year 5 (14,644 ) (16,531 )
NET CURRENT ASSETS (LIABILITIES) (15 ) (2,202 )
TOTAL ASSETS LESS CURRENT LIABILITIES (15 ) (2,202 )
NET LIABILITIES (15 ) (2,202 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (115 ) (2,302 )
SHAREHOLDERS' FUNDS (15) (2,202)
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Calum Howarth
Director
12/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 1
Page 2
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 February 2022 100 (1,267 ) (1,167)
Loss for the year and total comprehensive income - (1,035 ) (1,035)
As at 31 January 2023 and 1 February 2023 100 (2,302 ) (2,202)
Profit for the year and total comprehensive income - 2,187 2,187
As at 31 January 2024 100 (115 ) (15)
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Nice Vibes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11797876 . The registered office is Nant Fach , Charles Street, Mold, Flintshire, CH7 1JQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 13,324 14,324
Director's loan account 446 -
13,770 14,324
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
VAT 14,644 14,617
Director's loan account - 1,914
14,644 16,531
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Related Party Transactions
At the balance sheet date, an amount of £446 was owed by Mr Calum Howarth, a director of the company.
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Page 4
8. Ultimate Controlling Party
The company's ultimate controlling party is Mr Calum Howarth by virtue of his ownership of 100% of the issued share capital in the company.
Page 4