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Company Registration No. 07401560 (England and Wales)
NY Style Ltd Unaudited accounts for the year ended 31 October 2023
NY Style Ltd Unaudited accounts Contents
Page
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NY Style Ltd Company Information for the year ended 31 October 2023
Director
Irfan Ahmed
Company Number
07401560 (England and Wales)
Registered Office
19 BRIXTON ROAD PRESTON PR1 4NR ENGLAND
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NY Style Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
552 
690 
Current assets
Inventories
5,488 
7,490 
Cash at bank and in hand
56,200 
43,158 
61,688 
50,648 
Creditors: amounts falling due within one year
(58,504)
(47,952)
Net current assets
3,184 
2,696 
Net assets
3,736 
3,386 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,636 
3,286 
Shareholders' funds
3,736 
3,386 
For the year ending 31 October 2023 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 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 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 and authorised for issue on 31 October 2024 and were signed on its behalf by
Irfan Ahmed Director Company Registration No. 07401560
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NY Style Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
NY Style Ltd is a private company, limited by shares, registered in England and Wales, registration number 07401560. The registered office is 19 BRIXTON ROAD, PRESTON, PR1 4NR, 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:
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 November 2022
5,420 
At 31 October 2023
5,420 
Depreciation
At 1 November 2022
4,730 
Charge for the year
138 
At 31 October 2023
4,868 
Net book value
At 31 October 2023
552 
At 31 October 2022
690 
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NY Style Ltd Notes to the Accounts for the year ended 31 October 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
25 
587 
Trade creditors
17,363 
- 
Taxes and social security
2,529 
2,989 
Other creditors
10,496 
5,948 
Loans from directors
28,091 
38,428 
58,504 
47,952 
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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