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REGISTERED NUMBER: 12638323 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

NANCYS LINENS LIMITED

NANCYS LINENS LIMITED (REGISTERED NUMBER: 12638323)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NANCYS LINENS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: S S Saidi





REGISTERED OFFICE: 35-37 East Street
London
SE17 2DJ





REGISTERED NUMBER: 12638323 (England and Wales)





ACCOUNTANTS: Jeffrey C C Hoong FCCA
Hoong & Company
7 Lorian Close
Woodside Park
London
N12 7DW

NANCYS LINENS LIMITED (REGISTERED NUMBER: 12638323)

BALANCE SHEET
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,850 17,109

CURRENT ASSETS
Stocks 5 40,620 82,000
Debtors 6 3,494 -
Cash at bank 5,449 2,504
49,563 84,504
CREDITORS
Amounts falling due within one year 7 64,083 100,836
NET CURRENT LIABILITIES (14,520 ) (16,332 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,330

777

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 9 1,320 767
SHAREHOLDERS' FUNDS 1,330 777

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 7 March 2025 and were signed by:





S S Saidi - Director


NANCYS LINENS LIMITED (REGISTERED NUMBER: 12638323)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Nancys Linens 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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 July 2023
and 30 June 2024 11,798 596 6,812 3,389 22,595
DEPRECIATION
At 1 July 2023 - 252 3,324 1,910 5,486
Charge for year - 68 698 493 1,259
At 30 June 2024 - 320 4,022 2,403 6,745
NET BOOK VALUE
At 30 June 2024 11,798 276 2,790 986 15,850
At 30 June 2023 11,798 344 3,488 1,479 17,109

5. STOCKS
30.6.24 30.6.23
£    £   
Stocks 40,620 82,000

NANCYS LINENS LIMITED (REGISTERED NUMBER: 12638323)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 3,494 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 6,749 38,987
Tax 425 1,852
VAT 2,070 5,158
Director's loan account 53,339 53,339
Accrued expenses 1,500 1,500
64,083 100,836

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
10 Ordinary £1 10 10

9. RESERVES
Retained
earnings
£   

At 1 July 2023 767
Profit for the year 553
At 30 June 2024 1,320