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REGISTERED NUMBER: 11844751 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Nu Kitchen Limited

Nu Kitchen Limited (Registered number: 11844751)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Nu Kitchen Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: N McColgan
Mrs M McColgan





REGISTERED OFFICE: Unit 1C
Thatcham Garden Centre
Bath Road
Thatcham
RG18 3AN





REGISTERED NUMBER: 11844751 (England and Wales)





ACCOUNTANTS: Wheeler & Co Ltd
Chartered Accountants
The Shrubbery
14 Church Street
Whitchurch
Hampshire
RG28 7AB

Nu Kitchen Limited (Registered number: 11844751)

Balance Sheet
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 60,786 41,037

CURRENT ASSETS
Stocks 28,171 28,012
Debtors 5 21,090 11,259
Cash at bank and in hand 8,167 28,624
57,428 67,895
CREDITORS
Amounts falling due within one year 6 57,935 17,034
NET CURRENT (LIABILITIES)/ASSETS (507 ) 50,861
TOTAL ASSETS LESS CURRENT
LIABILITIES

60,279

91,898

CREDITORS
Amounts falling due after more than one
year

7

160,548

160,098
NET LIABILITIES (100,269 ) (68,200 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (100,271 ) (68,202 )
(100,269 ) (68,200 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Nu Kitchen Limited (Registered number: 11844751)

Balance Sheet - continued
31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2025 and were signed on its behalf by:





N McColgan - Director


Nu Kitchen Limited (Registered number: 11844751)

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

1. STATUTORY INFORMATION

Nu Kitchen 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.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 1 ) .

Nu Kitchen Limited (Registered number: 11844751)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 47,102
Additions 25,778
At 31 August 2024 72,880
DEPRECIATION
At 1 September 2023 6,065
Charge for year 6,029
At 31 August 2024 12,094
NET BOOK VALUE
At 31 August 2024 60,786
At 31 August 2023 41,037

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors - 1,000
Other debtors 20,540 10,259
20,540 11,259

Amounts falling due after more than one year:
Other debtors 550 -

Aggregate amounts 21,090 11,259

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 8,438 535
Taxation and social security 4,550 15,786
Other creditors 44,947 713
57,935 17,034

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 160,548 160,098

Included in creditors is £160,548 (2023 - £160,098) due to Snug Kitchen Design Ltd, a company in which Nick McColgan is a director and shareholder.