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REGISTERED NUMBER: 06821144 (England and Wales)















NICE IDEAS CONSULTING LTD

Unaudited Financial Statements for the Year Ended 29 February 2024






NICE IDEAS CONSULTING LTD (REGISTERED NUMBER: 06821144)






Contents of the Financial Statements
for the year ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4

Accountants' Report 5

NICE IDEAS CONSULTING LTD

Company Information
for the year ended 29 February 2024







Director: R J M Calvert





Registered office: Knapp Cottage
The Knapp
Hilton
Dorset
DT11 0DF





Registered number: 06821144 (England and Wales)





Accountants: Cooper Parry Advisory Limited
CUBO Birmingham
4th Floor
Two Chamberlain Square
Birmingham
West Midlands
B3 3AX

NICE IDEAS CONSULTING LTD (REGISTERED NUMBER: 06821144)

Balance Sheet
29 February 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 4,023 2,476

Current assets
Debtors 5 28,842 10,512
Cash at bank 94,283 3,404
123,125 13,916
Creditors
Amounts falling due within one year 6 49,132 14,347
Net current assets/(liabilities) 73,993 (431 )
Total assets less current liabilities 78,016 2,045

Provisions for liabilities 961 471
Net assets 77,055 1,574

Capital and reserves
Called up share capital 1 1
Retained earnings 77,054 1,573
Shareholders' funds 77,055 1,574

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 November 2024 and were signed by:





R J M Calvert - Director


NICE IDEAS CONSULTING LTD (REGISTERED NUMBER: 06821144)

Notes to the Financial Statements
for the year ended 29 February 2024

1. Statutory information

Nice Ideas Consulting 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.
Fixtures and fittings - 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.

3. Employees and directors

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

NICE IDEAS CONSULTING LTD (REGISTERED NUMBER: 06821144)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

4. Tangible fixed assets
Fixtures
and
fittings
£
Cost
At 1 March 2023 6,494
Additions 3,685
Disposals (2,815 )
At 29 February 2024 7,364
Depreciation
At 1 March 2023 4,018
Charge for year 1,340
Eliminated on disposal (2,017 )
At 29 February 2024 3,341
Net book value
At 29 February 2024 4,023
At 28 February 2023 2,476

5. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 28,100 9,693
Other debtors 742 819
28,842 10,512

6. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 4,473 2,959
Taxation and social security 41,310 8,800
Other creditors 3,349 2,588
49,132 14,347

7. Related party disclosures

At the year end the company owed the director £800 (2023 - £322). There are no specific repayment terms and no interest is being charged.

Accountants' Report to the Director
on the Unaudited Financial Statements of
Nice Ideas Consulting 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 Statement of Comprehensive Income 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 Nice Ideas Consulting Ltd for the year ended 29 February 2024 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the director of Nice Ideas Consulting Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Nice Ideas Consulting Ltd and state those matters that we have agreed to state to the director of Nice Ideas Consulting Ltd in this report. 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 Nice Ideas Consulting 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 Nice Ideas Consulting Ltd. You consider that Nice Ideas Consulting 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 Nice Ideas Consulting 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.






Cooper Parry Advisory Limited
CUBO Birmingham
4th Floor
Two Chamberlain Square
Birmingham
West Midlands
B3 3AX


27 November 2024