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REGISTERED NUMBER: 04685914 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Nick Meek Ltd

Nick Meek Ltd (Registered number: 04685914)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

Nick Meek Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Nicholas Johnathan Meek





SECRETARY: Martha Christian Victoria Tullberg





REGISTERED OFFICE: C205 The Chocolate Factory
5 Clarendon Road
Wood Green
London
N22 6XJ





REGISTERED NUMBER: 04685914 (England and Wales)





ACCOUNTANTS: CPS Accountancy Ltd
Chartered Certified Accountants
C205 The Chocolate Factory
5 Clarendon Road
Wood Green
London
N22 6XJ

Nick Meek Ltd (Registered number: 04685914)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 206,455 208,125

CURRENT ASSETS
Debtors 5 272,092 275,437
Cash at bank and in hand 321,945 242,892
594,037 518,329
CREDITORS
Amounts falling due within one year 6 178,534 96,868
NET CURRENT ASSETS 415,503 421,461
TOTAL ASSETS LESS CURRENT
LIABILITIES

621,958

629,586

CREDITORS
Amounts falling due after more than
one year

7

29,458

38,562
NET ASSETS 592,500 591,024

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 592,499 591,023
SHAREHOLDERS' FUNDS 592,500 591,024

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Nick Meek Ltd (Registered number: 04685914)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 November 2024 and were signed by:





Nicholas Johnathan Meek - Director


Nick Meek Ltd (Registered number: 04685914)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Nick Meek Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - in accordance with the property
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Nick Meek Ltd (Registered number: 04685914)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Long machinery
leasehold etc Totals
£    £    £   
COST
At 1 April 2023 189,059 264,107 453,166
Additions - 13,378 13,378
At 31 March 2024 189,059 277,485 466,544
DEPRECIATION
At 1 April 2023 27,216 217,825 245,041
Charge for year 1,512 13,536 15,048
At 31 March 2024 28,728 231,361 260,089
NET BOOK VALUE
At 31 March 2024 160,331 46,124 206,455
At 31 March 2023 161,843 46,282 208,125

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 7,734 10,987
Nick Meek Properties Ltd 264,358 264,450
272,092 275,437

Nick Meek Ltd (Registered number: 04685914)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors - 4,035
Tax 10,758 36,721
Social security and other taxes 906 945
VAT 23,701 6,808
Other creditors 1,330 -
Directors' loan accounts 61,909 18,959
Accrued expenses 69,930 19,400
178,534 96,868

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 10,903 20,007
Other creditors 8,555 8,555
29,458 38,562

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Nick Meek Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Nick Meek Ltd for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Nick Meek Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Nick Meek Ltd and state those matters that we have agreed to state to the director of Nick Meek Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Nick Meek Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Nick Meek Ltd. You consider that Nick Meek Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Nick Meek Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






CPS Accountancy Ltd
Chartered Certified Accountants
C205 The Chocolate Factory
5 Clarendon Road
Wood Green
London
N22 6XJ


12 November 2024