IRIS Accounts Production v24.1.0.578 05798945 director 1.7.23 30.6.24 30.6.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh057989452023-06-30057989452024-06-30057989452023-07-012024-06-30057989452022-06-30057989452022-07-012023-06-30057989452023-06-3005798945ns15:EnglandWales2023-07-012024-06-3005798945ns14:PoundSterling2023-07-012024-06-3005798945ns10:Director12023-07-012024-06-3005798945ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3005798945ns10:SmallEntities2023-07-012024-06-3005798945ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3005798945ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3005798945ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3005798945ns10:FullAccounts2023-07-012024-06-300579894512023-07-012024-06-3005798945ns10:CompanySecretary12023-07-012024-06-3005798945ns10:RegisteredOffice2023-07-012024-06-3005798945ns5:CurrentFinancialInstruments2024-06-3005798945ns5:CurrentFinancialInstruments2023-06-3005798945ns5:ShareCapital2024-06-3005798945ns5:ShareCapital2023-06-3005798945ns5:RetainedEarningsAccumulatedLosses2024-06-3005798945ns5:RetainedEarningsAccumulatedLosses2023-06-3005798945ns5:PatentsTrademarksLicencesConcessionsSimilar2023-07-012024-06-3005798945ns5:PlantMachinery2023-07-012024-06-3005798945ns5:IntangibleAssetsOtherThanGoodwill2023-06-3005798945ns5:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3005798945ns5:IntangibleAssetsOtherThanGoodwill2024-06-3005798945ns5:IntangibleAssetsOtherThanGoodwill2023-06-3005798945ns5:PlantMachinery2023-06-3005798945ns5:PlantMachinery2024-06-3005798945ns5:PlantMachinery2023-06-3005798945ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-06-3005798945ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-30057989451ns10:Director12023-06-30057989451ns10:Director12022-06-30057989451ns10:Director12023-07-012024-06-30057989451ns10:Director12022-07-012023-06-30057989451ns10:Director12024-06-30057989451ns10:Director12023-06-30
REGISTERED NUMBER: 05798945 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Nigmar Limited

Nigmar Limited (Registered number: 05798945)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Nigmar Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mrs M E Roff





SECRETARY: Mr C A Roff





REGISTERED OFFICE: 128 High Street
Crediton
Devon
EX17 3LQ





REGISTERED NUMBER: 05798945 (England and Wales)





ACCOUNTANTS: Bedford & Co Ltd
128 High Street
Crediton
Devon
EX17 3LQ

Nigmar Limited (Registered number: 05798945)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 19,720 28,480
Tangible assets 5 16,179 24,496
35,899 52,976

CURRENT ASSETS
Stocks 17,452 18,136
Debtors 6 75,031 40,183
Cash at bank 186,690 287,789
279,173 346,108
CREDITORS
Amounts falling due within one year 7 58,724 114,064
NET CURRENT ASSETS 220,449 232,044
TOTAL ASSETS LESS CURRENT
LIABILITIES

256,348

285,020

PROVISIONS FOR LIABILITIES 3,970 6,045
NET ASSETS 252,378 278,975

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 252,278 278,875
SHAREHOLDERS' FUNDS 252,378 278,975

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 her 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.

Nigmar Limited (Registered number: 05798945)

Balance Sheet - continued
30 June 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 March 2025 and were signed by:





Mrs M E Roff - Director


Nigmar Limited (Registered number: 05798945)

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

1. STATUTORY INFORMATION

Nigmar 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.

The company's place of business is Maesycwm, Llanafan Road, Cilmery, Builth Wells, Powys, LD2 3NY.

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 from the sale of services, excluding discounts, rebates, value added tax and other sales taxes.
Revenue is recognised when services are delivered to customers such that risks and rewards of ownership have been transferred to them and that there is sufficient reliable evidence that delivery of goods has occurred.

Intangible assets
Franchise fees paid in November 2006, March 2012 and May 2014 have all been fully amortised evenly over their agreement terms to March 2019. Franchise fees paid in September 2019 are being amortised evenly over their agreement terms to September 2026.

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 etc - 50% on cost, 33% on cost, 25% on reducing balance and in accordance with the property

Stocks
Stocks have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Cost is calculated on a first in first out basis.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Nigmar Limited (Registered number: 05798945)

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

2. ACCOUNTING POLICIES - continued

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 18 (2023 - 16 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 July 2023
and 30 June 2024 229,820
AMORTISATION
At 1 July 2023 201,340
Charge for year 8,760
At 30 June 2024 210,100
NET BOOK VALUE
At 30 June 2024 19,720
At 30 June 2023 28,480

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 231,906
DEPRECIATION
At 1 July 2023 207,410
Charge for year 8,317
At 30 June 2024 215,727
NET BOOK VALUE
At 30 June 2024 16,179
At 30 June 2023 24,496


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 75,031 40,183

Nigmar Limited (Registered number: 05798945)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 39,125 33,520
Taxation and social security 11,808 23,387
Other creditors 7,791 57,157
58,724 114,064

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

30.6.24 30.6.23
£    £   
Mrs M E Roff
Balance outstanding at start of year (48,806 ) 18,383
Amounts advanced 102,486 -
Amounts repaid - (67,189 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 53,680 (48,806 )