1 February 2023 false Taxfiler 2024.5 07148147business:PrivateLimitedCompanyLtd2023-02-012024-01-31 071481472023-01-31 071481472023-02-012024-01-31 07148147business:AuditExemptWithAccountantsReport2023-02-012024-01-31 07148147business:AbridgedAccounts2023-02-012024-01-31 071481472024-01-31 07148147business:Director12023-02-012024-01-31 07148147business:Director22023-02-012024-01-31 07148147business:RegisteredOffice2023-02-012024-01-31 071481472023-01-31 07148147core:WithinOneYear2024-01-31 07148147core:WithinOneYear2023-01-31 07148147core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 07148147core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 07148147core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 07148147core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 07148147core:PreviouslyStatedAmount2024-01-31 07148147core:PreviouslyStatedAmount2023-01-31 07148147business:SmallEntities2023-02-012024-01-31 07148147countries:EnglandWales2023-02-012024-01-31 07148147core:FurnitureFittings2023-02-012024-01-31 07148147core:ComputerEquipment2023-02-012024-01-31 07148147business:OrdinaryShareClass12023-02-012024-01-31 07148147business:OrdinaryShareClass12022-02-012023-01-31 07148147business:Director112023-02-012024-01-31 07148147business:Director112023-01-31 07148147business:Director112024-01-31 07148147business:Director222023-02-012024-01-31 07148147business:Director222023-01-31 07148147business:Director222024-01-31 071481472022-02-012023-01-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 07148147 (England and Wales)
Nims Freight Services Limited Unaudited accounts for the year ended 31 January 2024
Nims Freight Services Limited Unaudited accounts Contents
Page
- 2 -
Nims Freight Services Limited Company Information for the year ended 31 January 2024
Directors
Jatinder Hayre Nimritpal Hayre
Company Number
07148147 (England and Wales)
Registered Office
4 Beaumont Street Darlington Co.Durham DL1 5SZ
Accountants
Lyons Watson Accountants Business Central 2 Union Square Darlington Co Durham DL1 1GL
- 3 -
Nims Freight Services Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,418 
307 
Current assets
Debtors
159,380 
186,069 
Cash at bank and in hand
74,523 
35,247 
233,903 
221,316 
Creditors: amounts falling due within one year
(94,684)
(79,830)
Net current assets
139,219 
141,486 
Total assets less current liabilities
140,637 
141,793 
Provisions for liabilities
Deferred tax
(269)
(58)
Net assets
140,368 
141,735 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
140,268 
141,635 
Shareholders' funds
140,368 
141,735 
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 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 24 October 2024 and were signed on its behalf by
Jatinder Hayre Director Company Registration No. 07148147
- 4 -
Nims Freight Services Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Nims Freight Services Limited is a private company, limited by shares, registered in England and Wales, registration number 07148147. The registered office is 4 Beaumont Street, Darlington, Co.Durham, DL1 5SZ.
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:
Fixtures & fittings
15% Reducing Balance
Computer equipment
25% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 February 2023
29,500 
At 31 January 2024
29,500 
Amortisation
At 1 February 2023
29,500 
At 31 January 2024
29,500 
Net book value
At 31 January 2024
- 
- 5 -
Nims Freight Services Limited Notes to the Accounts for the year ended 31 January 2024
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 February 2023
4,801 
Additions
1,489 
At 31 January 2024
6,290 
Depreciation
At 1 February 2023
4,494 
Charge for the year
378 
At 31 January 2024
4,872 
Net book value
At 31 January 2024
1,418 
At 31 January 2023
307 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Jatinder Hayre
Directors Loan
4,289 
- 
4,289 
- 
Nimritpal Hayre
Directors Loan
4,288 
- 
4,288 
- 
8,577 
- 
8,577 
- 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
- 6 -