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REGISTERED NUMBER: 11972009 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Nick Holdsworth Limited

Nick Holdsworth Limited (Registered number: 11972009)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Nick Holdsworth Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: NC Holdsworth





SECRETARY:





REGISTERED OFFICE: 64 Middlebeck Drive
Arnold
Nottingham
NG5 8AF





REGISTERED NUMBER: 11972009 (England and Wales)





ACCOUNTANTS: M Ahmed & Co
Chartered Accountants
83 Park Road
Chilwell
Nottingham
NG9 4DE

Nick Holdsworth Limited (Registered number: 11972009)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 3,755 1,795

CURRENT ASSETS
Debtors 5 3,202 9,511
Cash at bank 4,333 2,724
7,535 12,235
CREDITORS
Amounts falling due within one year 6 9,186 9,712
NET CURRENT (LIABILITIES)/ASSETS (1,651 ) 2,523
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,104

4,318

CREDITORS
Amounts falling due after more than one
year

7

4,239

5,407
NET LIABILITIES (2,135 ) (1,089 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (2,136 ) (1,090 )
SHAREHOLDERS' FUNDS (2,135 ) (1,089 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Holdsworth Limited (Registered number: 11972009)

Balance Sheet - continued
31 May 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 16 January 2025 and were signed by:





NC Holdsworth - Director


Nick Holdsworth Limited (Registered number: 11972009)

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


1. STATUTORY INFORMATION

Nick Holdsworth Limited 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 - 20% on reducing balance
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current tax which 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

Nick Holdsworth Limited (Registered number: 11972009)

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


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£ £ £
COST
At 1 June 2023 2,542 2,000 4,542
Additions - 2,899 2,899
At 31 May 2024 2,542 4,899 7,441
DEPRECIATION
At 1 June 2023 1,566 1,181 2,747
Charge for year 195 744 939
At 31 May 2024 1,761 1,925 3,686
NET BOOK VALUE
At 31 May 2024 781 2,974 3,755
At 31 May 2023 976 819 1,795

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£ £
Other debtors 3,202 1,601
Directors' current accounts - 7,910
3,202 9,511

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£ £
Bank loans and overdrafts 2,500 2,500
Trade creditors 1 -
Tax 3,986 4,092
Directors' current accounts 233 -
Accrued expenses 2,466 3,120
9,186 9,712

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£ £
Bank loans - 1-2 years 2,500 2,500
Bank loans - 2-5 years 1,739 2,907
4,239 5,407