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REGISTERED NUMBER: 07553162 (England and Wales)
















Unaudited Financial Statements for the Year Ended 30 March 2024

for

Nick Williams Bespoke Interior Limited

Nick Williams Bespoke Interior Limited (Registered number: 07553162)






Contents of the Financial Statements
for the Year Ended 30 March 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Nick Williams Bespoke Interior Limited

Company Information
for the Year Ended 30 March 2024







DIRECTORS: Mrs S L Williams
Mr N P Williams





REGISTERED OFFICE: Britannia Court
5 Moor Street
Worcester
Worcestershire
WR1 3DB





REGISTERED NUMBER: 07553162 (England and Wales)





ACCOUNTANTS: Chandler and Partners Limited
5 Moor Street
Worcester
Worcestershire
WR1 3DB

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Nick Williams Bespoke Interior Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Nick Williams Bespoke Interior Limited for the year ended 30 March 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Nick Williams Bespoke Interior Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Nick Williams Bespoke Interior Limited and state those matters that we have agreed to state to the Board of Directors of Nick Williams Bespoke Interior Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Nick Williams Bespoke Interior Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Nick Williams Bespoke Interior Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Nick Williams Bespoke Interior Limited. You consider that Nick Williams Bespoke Interior Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Nick Williams Bespoke Interior Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Chandler and Partners Limited
5 Moor Street
Worcester
Worcestershire
WR1 3DB


Date: .............................................

Nick Williams Bespoke Interior Limited (Registered number: 07553162)

Balance Sheet
30 March 2024

30.3.24 30.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 53,133 54,259
53,133 54,259

CURRENT ASSETS
Stocks 600 600
Debtors 6 10,605 31,657
Prepayments and accrued income 2,561 3,642
Cash at bank and in hand 54,016 61,730
67,782 97,629
CREDITORS
Amounts falling due within one year 7 49,645 68,582
NET CURRENT ASSETS 18,137 29,047
TOTAL ASSETS LESS CURRENT
LIABILITIES

71,270

83,306

CREDITORS
Amounts falling due after more than one
year

8

43,345

58,629
NET ASSETS 27,925 24,677

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 27,825 24,577
27,925 24,677

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

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

Nick Williams Bespoke Interior Limited (Registered number: 07553162)

Balance Sheet - continued
30 March 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 March 2025 and were signed on its behalf by:





Mrs S L Williams - Director


Nick Williams Bespoke Interior Limited (Registered number: 07553162)

Notes to the Financial Statements
for the Year Ended 30 March 2024

1. STATUTORY INFORMATION

Nick Williams Bespoke Interior 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of eleven years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 10% on cost
Plant and machinery - 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on cost

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

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 - 2 ) .

Nick Williams Bespoke Interior Limited (Registered number: 07553162)

Notes to the Financial Statements - continued
for the Year Ended 30 March 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 31 March 2023
and 30 March 2024 20,000
AMORTISATION
At 31 March 2023
and 30 March 2024 20,000
NET BOOK VALUE
At 30 March 2024 -
At 30 March 2023 -

5. TANGIBLE FIXED ASSETS
Short Plant and Motor Computer
leasehold machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 31 March 2023 1,588 97,673 65,931 22,199 187,391
Additions - 108 12,986 1,335 14,429
Disposals - - (294 ) - (294 )
At 30 March 2024 1,588 97,781 78,623 23,534 201,526
DEPRECIATION
At 31 March 2023 1,588 96,238 24,960 10,346 133,132
Charge for year - 385 11,036 3,840 15,261
At 30 March 2024 1,588 96,623 35,996 14,186 148,393
NET BOOK VALUE
At 30 March 2024 - 1,158 42,627 9,348 53,133
At 30 March 2023 - 1,435 40,971 11,853 54,259

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.3.24 30.3.23
£    £   
Trade debtors - 21,817
Directors' current accounts 10,605 -
VAT - 9,840
10,605 31,657

Nick Williams Bespoke Interior Limited (Registered number: 07553162)

Notes to the Financial Statements - continued
for the Year Ended 30 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.3.24 30.3.23
£    £   
Bank loans and overdrafts 5,715 5,574
Hire purchase contracts 9,570 8,644
Trade creditors 13,763 18,914
Tax 16,364 18,741
VAT 4,233 -
Directors' current accounts - 1,709
Accruals and deferred income - 15,000
49,645 68,582

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.3.24 30.3.23
£    £   
Bank loans - 1-2 years 5,860 5,715
Bank loans - 2-5 years 953 6,812
Hire purchase contracts 36,532 46,102
43,345 58,629