Company Registration No. 12639890 (England and Wales)
Nimble Official Limited
Unaudited accounts
for the year ended 30 June 2024
Nimble Official Limited
Unaudited accounts
Contents
Nimble Official Limited
Company Information
for the year ended 30 June 2024
Directors
G Farran
T Christensen
T Scott
Company Number
12639890 (England and Wales)
Registered Office
Arch 290
Jewell Street
London
SE5 0BU
United Kingdom
Accountants
Accounts and Legal Consultants Ltd
Suite 1-3, The Hop Exchange
24 Southwark Street
London
SE1 1TY
Nimble Official Limited
Statement of financial position
as at 30 June 2024
Tangible assets
33,893
22,227
Cash at bank and in hand
346,199
61,755
Creditors: amounts falling due within one year
(115,890)
(59,872)
Net current assets
276,068
7,278
Called up share capital
1,842
1,489
Share premium
1,470,426
954,742
Profit and loss account
(1,162,307)
(926,726)
Shareholders' funds
309,961
29,505
For the year ending 30 June 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.
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 16 January 2025 and were signed on its behalf by
G Farran
Director
Company Registration No. 12639890
Nimble Official Limited
Notes to the Accounts
for the year ended 30 June 2024
Nimble Official Limited is a private company, limited by shares, registered in England and Wales, registration number 12639890. The registered office is Arch 290, Jewell Street, London, SE5 0BU, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25% Straight line
Fixtures & fittings
25% Straight line
Computer equipment
25% Straight line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
The directors consider that it is appropriate to prepare the financial statements on a going concern basis as they have now launched their product and revenue is expected. The company has also secured equity funding which will help support the business and is currently seeking further equity funding from new and existing investors. The directors have also stated their commitment to sustaining the company's operations.
Expenditure on research and development is written off in the year in which it is incurred.
Nimble Official Limited
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
32,468
5,940
1,061
39,469
Additions
18,381
-
-
18,381
At 30 June 2024
50,849
5,940
1,061
57,850
At 1 July 2023
14,358
2,149
735
17,242
Charge for the year
4,965
1,485
265
6,715
At 30 June 2024
19,323
3,634
1,000
23,957
At 30 June 2024
31,526
2,306
61
33,893
At 30 June 2023
18,110
3,791
326
22,227
Amounts falling due within one year
Accrued income and prepayments
17,500
-
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
25,665
13,397
Taxes and social security
24,052
30,863
Loans from directors
13,071
11,922
7
Average number of employees
During the year the average number of employees was 6 (2023: 6).