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Company Registration No. 11461931 (England and Wales)
ACADEMY BY NICO LIMITED Filleted accounts for the year ended 31 July 2024
ACADEMY BY NICO LIMITED Filleted accounts Contents
Page
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ACADEMY BY NICO LIMITED Company Information for the year ended 31 July 2024
Director
Nihat Tohumcu
Company Number
11461931 (England and Wales)
Registered Office
60 MILLMEAD BUSINESS CENTRE MILL MEAD ROAD LONDON N17 9QU United Kingdom
Accountants
GRAND CONSULTANCY (LONDON) LIMITED 60 MILLMEAD BUSINESS CENTER MILLMEAD ROAD LONDON N17 9QU
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ACADEMY BY NICO LIMITED Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
(2,089)
(1,770)
Current assets
Cash at bank and in hand
58,167 
56,746 
Creditors: amounts falling due within one year
(18,347)
(18,265)
Net current assets
39,820 
38,481 
Total assets less current liabilities
37,731 
36,711 
Creditors: amounts falling due after more than one year
(7,932)
(17,037)
Net assets
29,799 
19,674 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
29,699 
19,574 
Shareholders' funds
29,799 
19,674 
For the year ending 31 July 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 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 4 November 2024 and were signed on its behalf by
Nihat Tohumcu Director Company Registration No. 11461931
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ACADEMY BY NICO LIMITED Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
ACADEMY BY NICO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11461931. The registered office is 60 MILLMEAD BUSINESS CENTRE, MILL MEAD ROAD, LONDON, N17 9QU, United Kingdom.
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:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 August 2023
(1,500)
At 31 July 2024
(1,500)
Depreciation
At 1 August 2023
270 
Charge for the year
319 
At 31 July 2024
589 
Net book value
At 31 July 2024
(2,089)
At 31 July 2023
(1,770)
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
14,034 
Trade creditors
520 
- 
Taxes and social security
17,827 
4,231 
18,347 
18,265 
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ACADEMY BY NICO LIMITED Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,932 
17,037 
7
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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