Registered number
05383372
Nicehomefirst Ltd
Unaudited Filleted Accounts
31 March 2024
Nicehomefirst Ltd
Registered number: 05383372
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 2,560 3,840
Current assets
Cash at bank and in hand 28,471 26,302
Creditors: amounts falling due within one year 4 (2,756) (6,645)
Net current assets 25,715 19,657
Net assets 28,275 23,497
Capital and reserves
Called up share capital 2 2
Profit and loss account 28,273 23,495
Shareholders' funds 28,275 23,497
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
R Abreu
Director
Approved by the board on 31 January 2025
Nicehomefirst Ltd
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor vehicles over 5 years
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Motor vehicles
£
Cost
At 1 April 2023 8,000
At 31 March 2024 8,000
Depreciation
At 1 April 2023 4,160
Charge for the year 1,280
At 31 March 2024 5,440
Net book value
At 31 March 2024 2,560
At 31 March 2023 3,840
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 650 650
Taxation and social security costs 1,930 1,904
Other creditors 176 4,091
2,756 6,645
5 Other information
Nicehomefirst Ltd is a private company limited by shares and incorporated in England. Its registered office is:
860-862 Garratt Lane
London
SW17 0NB
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