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Company Registration No. 11874445 (England and Wales)
NIHX CONSULTANCY LIMITED Unaudited accounts for the year ended 31 March 2024
NIHX CONSULTANCY LIMITED Company Information for the year ended 31 March 2024
Directors
Olubunmi Nihinlola Obe Ibukun Adeola Obe
Company Number
11874445 (England and Wales)
Registered Office
20-22 WENLOCK ROAD LONDON N1 7GU ENGLAND
Accountants
AL Accounting Solutions Limited Chartered Certified Accountants 21A Brighton Road South Croydon Croydon CR2 6EA
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NIHX CONSULTANCY LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,008 
588 
Current assets
Debtors
70 
26,133 
Cash at bank and in hand
19,275 
55 
19,345 
26,188 
Creditors: amounts falling due within one year
(5,844)
(10,194)
Net current assets
13,501 
15,994 
Total assets less current liabilities
15,509 
16,582 
Creditors: amounts falling due after more than one year
(11,979)
(16,877)
Net assets/(liabilities)
3,530 
(295)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,430 
(395)
Shareholders' funds
3,530 
(295)
For the year ending 31 March 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 27 May 2024 and were signed on its behalf by
Olubunmi Nihinlola Obe Director Company Registration No. 11874445
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NIHX CONSULTANCY LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
NIHX CONSULTANCY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11874445. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, 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%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2023
1,300 
Additions
1,861 
At 31 March 2024
3,161 
Depreciation
At 1 April 2023
712 
Charge for the year
441 
At 31 March 2024
1,153 
Net book value
At 31 March 2024
2,008 
At 31 March 2023
588 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
70 
26,133 
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NIHX CONSULTANCY LIMITED Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
5,093 
9,343 
Accruals
751 
851 
5,844 
10,194 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
11,979 
16,877 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Ibukun Adeola Obe
Director Current Account
26,133 
70 
26,133 
70 
26,133 
70 
26,133 
70 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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