1 January 2024 false No description of principal activity Taxfiler 2024.6 6891997business:PrivateLimitedCompanyLtd2024-01-012024-12-31 68919972023-12-31 68919972024-01-012024-12-31 6891997business:AuditExemptWithAccountantsReport2024-01-012024-12-31 6891997business:FilletedAccounts2024-01-012024-12-31 68919972024-12-31 6891997business:Director12024-01-012024-12-31 6891997business:RegisteredOffice2024-01-012024-12-31 68919972023-12-31 6891997core:WithinOneYear2024-12-31 6891997core:WithinOneYear2023-12-31 6891997core:AfterOneYear2024-12-31 6891997core:AfterOneYear2023-12-31 6891997core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 6891997core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 6891997core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 6891997core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 6891997core:PreviouslyStatedAmount2024-12-31 6891997core:PreviouslyStatedAmount2023-12-31 6891997business:SmallEntities2024-01-012024-12-31 6891997countries:EnglandWales2024-01-012024-12-31 6891997core:LandBuildings2024-01-012024-12-31 6891997core:PlantMachinery2024-01-012024-12-31 6891997core:FurnitureFittings2024-01-012024-12-31 6891997core:ComputerEquipment2024-01-012024-12-31 6891997core:Goodwill2023-12-31 6891997core:IntangibleAssetsOtherThanGoodwill2023-12-31 6891997core:Goodwill2024-12-31 6891997core:IntangibleAssetsOtherThanGoodwill2024-12-31 6891997core:Goodwill2024-01-012024-12-31 6891997core:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-31 6891997core:LandBuildings2023-12-31 6891997core:PlantMachinery2023-12-31 6891997core:MotorVehicles2023-12-31 6891997core:FurnitureFittings2023-12-31 6891997core:ComputerEquipment2023-12-31 6891997core:MotorVehicles2024-01-012024-12-31 6891997core:LandBuildings2024-12-31 6891997core:PlantMachinery2024-12-31 6891997core:MotorVehicles2024-12-31 6891997core:FurnitureFittings2024-12-31 6891997core:ComputerEquipment2024-12-31 6891997business:OrdinaryShareClass12024-01-012024-12-31 6891997business:OrdinaryShareClass12023-01-012023-12-31 68919972023-01-012023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 6891997 (England and Wales)
Nalu Beads Limited Unaudited accounts for the year ended 31 December 2024
Nalu Beads Limited Unaudited accounts Contents
Page
- 2 -
Nalu Beads Limited Company Information for the year ended 31 December 2024
Director
Rhiannon Davis
Company Number
6891997 (England and Wales)
Registered Office
Unit 6 Velator Way Braunton EX33 2FB United Kingdom
Accountants
Westerly Accountancy Ltd 24 Orchard Road Wrafton Braunton EX33 2DZ
- 3 -
Nalu Beads Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
1 
631 
Tangible assets
42,015 
19,471 
42,016 
20,102 
Current assets
Inventories
37,953 
39,574 
Debtors
4,448 
4,924 
Cash at bank and in hand
73,024 
41,668 
115,425 
86,166 
Creditors: amounts falling due within one year
(25,413)
(23,538)
Net current assets
90,012 
62,628 
Total assets less current liabilities
132,028 
82,730 
Creditors: amounts falling due after more than one year
(26,548)
(12,490)
Net assets
105,480 
70,240 
Capital and reserves
Called up share capital
100,100 
100,100 
Profit and loss account
5,380 
(29,860)
Shareholders' funds
105,480 
70,240 
For the year ending 31 December 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 her 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 20 February 2025 and were signed on its behalf by
Rhiannon Davis Director Company Registration No. 6891997
- 4 -
Nalu Beads Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Nalu Beads Limited is a private company, limited by shares, registered in England and Wales, registration number 6891997. The registered office is Unit 6 Velator Way, Braunton, EX33 2FB, 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.
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:
Land & buildings
10% Straight line
Plant & machinery
20% Straight line
Fixtures & fittings
15% straight line
Computer equipment
20% Straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Purchased goodwill is written off straight line over 10 years. Other intangible assets includes the development cost of the company's e-commerce website and is written off on a straight line basis over 4 years.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
- 5 -
Nalu Beads Limited Notes to the Accounts for the year ended 31 December 2024
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 January 2024
20,000 
26,481 
46,481 
At 31 December 2024
20,000 
26,481 
46,481 
Amortisation
At 1 January 2024
20,000 
25,850 
45,850 
Charge for the year
- 
630 
630 
At 31 December 2024
20,000 
26,480 
46,480 
Net book value
At 31 December 2024
- 
1 
1 
At 31 December 2023
- 
631 
631 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
7,363 
12,663 
25,068 
12,563 
5,961 
63,618 
Additions
- 
813 
38,109 
- 
696 
39,618 
Disposals
- 
- 
(25,068)
- 
- 
(25,068)
At 31 December 2024
7,363 
13,476 
38,109 
12,563 
6,657 
78,168 
Depreciation
At 1 January 2024
5,533 
10,700 
10,864 
12,563 
4,487 
44,147 
Charge for the year
736 
447 
5,448 
- 
416 
7,047 
On disposals
- 
- 
(15,041)
- 
- 
(15,041)
At 31 December 2024
6,269 
11,147 
1,271 
12,563 
4,903 
36,153 
Net book value
At 31 December 2024
1,094 
2,329 
36,838 
- 
1,754 
42,015 
At 31 December 2023
1,830 
1,963 
14,204 
- 
1,474 
19,471 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,884 
1,298 
Accrued income and prepayments
2,412 
2,018 
Other debtors
152 
1,608 
4,448 
4,924 
- 6 -
Nalu Beads Limited Notes to the Accounts for the year ended 31 December 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
7,998 
5,974 
Obligations under finance leases and hire purchase contracts
4,242 
4,028 
Trade creditors
5,069 
6,669 
Taxes and social security
836 
25 
Other creditors
211 
173 
Loans from directors
8 
- 
Accruals
5,600 
5,600 
Deferred income
1,449 
1,069 
25,413 
23,538 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
26,548 
12,490 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100,100 Ordinary shares of £1 each
100,100 
100,100 
10
Operating lease commitments
2024 
2023 
£ 
£ 
At 31 December 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
7,500 
7,500 
11
Average number of employees
During the year the average number of employees was 5 (2023: 5).
- 7 -