1 June 2023 false No description of principal activity Taxfiler 2024.6 11350736business:PrivateLimitedCompanyLtd2023-06-012024-05-31 113507362023-05-31 113507362023-06-012024-05-31 11350736business:AuditExempt-NoAccountantsReport2023-06-012024-05-31 11350736business:FilletedAccounts2023-06-012024-05-31 113507362024-05-31 11350736business:Director12023-06-012024-05-31 11350736business:RegisteredOffice2023-06-012024-05-31 113507362023-05-31 11350736core:WithinOneYear2024-05-31 11350736core:WithinOneYear2023-05-31 11350736core:AfterOneYear2024-05-31 11350736core:AfterOneYear2023-05-31 11350736core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 11350736core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 11350736core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 11350736core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 11350736core:PreviouslyStatedAmount2024-05-31 11350736core:PreviouslyStatedAmount2023-05-31 11350736business:SmallEntities2023-06-012024-05-31 11350736countries:EnglandWales2023-06-012024-05-31 11350736core:PlantMachinery2023-05-31 11350736core:PlantMachinery2024-05-31 11350736core:PlantMachinery2023-06-012024-05-31 113507362022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 11350736 (England and Wales)
NICK FURNITURE INSTALLATIONS LTD Unaudited accounts for the year ended 31 May 2024
NICK FURNITURE INSTALLATIONS LTD Unaudited accounts Contents
Page
- 2 -
NICK FURNITURE INSTALLATIONS LTD Company Information for the year ended 31 May 2024
Director
Nikolay Genchev
Company Number
11350736 (England and Wales)
Registered Office
34 FIRS CLOSE MITCHAM CR4 1AY ENGLAND
- 3 -
NICK FURNITURE INSTALLATIONS LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,540 
5,493 
Current assets
Debtors
13,357 
1,643 
Cash at bank and in hand
11,728 
24,156 
25,085 
25,799 
Creditors: amounts falling due within one year
(21,379)
(22,397)
Net current assets
3,706 
3,402 
Total assets less current liabilities
8,246 
8,895 
Creditors: amounts falling due after more than one year
(4,145)
(6,419)
Net assets
4,101 
2,476 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
4,001 
2,376 
Shareholders' funds
4,101 
2,476 
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 19 February 2025 and were signed on its behalf by
Nikolay Genchev Director Company Registration No. 11350736
- 4 -
NICK FURNITURE INSTALLATIONS LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
NICK FURNITURE INSTALLATIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 11350736. The registered office is 34 FIRS CLOSE, MITCHAM, CR4 1AY, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 June 2023
9,800 
At 31 May 2024
9,800 
Depreciation
At 1 June 2023
4,307 
Charge for the year
953 
At 31 May 2024
5,260 
Net book value
At 31 May 2024
4,540 
At 31 May 2023
5,493 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
13,357 
1,643 
- 5 -
NICK FURNITURE INSTALLATIONS LTD Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
2,678 
2,467 
Loans from directors
18,701 
19,930 
21,379 
22,397 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,145 
6,419 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -