1 December 2023 false No description of principal activity Taxfiler 2024.6 07836239business:PrivateLimitedCompanyLtd2023-12-012024-11-30 078362392023-11-30 078362392023-12-012024-11-30 07836239business:AuditExempt-NoAccountantsReport2023-12-012024-11-30 07836239business:FilletedAccounts2023-12-012024-11-30 078362392024-11-30 078362392023-11-30 07836239core:WithinOneYear2024-11-30 07836239core:WithinOneYear2023-11-30 07836239core:AfterOneYear2024-11-30 07836239core:AfterOneYear2023-11-30 07836239core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 07836239core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 07836239core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 07836239core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 07836239core:PreviouslyStatedAmount2024-11-30 07836239core:PreviouslyStatedAmount2023-11-30 07836239business:SmallEntities2023-12-012024-11-30 07836239business:Director22023-12-012024-11-30 07836239countries:EnglandWales2023-12-012024-11-30 07836239business:RegisteredOffice2023-12-012024-11-30 07836239core:MotorVehicles2023-12-012024-11-30 07836239core:FurnitureFittings2023-12-012024-11-30 07836239core:ComputerEquipment2023-12-012024-11-30 07836239core:Goodwill2023-11-30 07836239core:Goodwill2024-11-30 07836239core:MotorVehicles2023-11-30 07836239core:FurnitureFittings2023-11-30 07836239core:ComputerEquipment2023-11-30 07836239core:MotorVehicles2024-11-30 07836239core:FurnitureFittings2024-11-30 07836239core:ComputerEquipment2024-11-30 07836239business:OrdinaryShareClass12023-12-012024-11-30 07836239business:OrdinaryShareClass12022-12-012023-11-30 07836239business:OrdinaryShareClass22023-12-012024-11-30 07836239business:OrdinaryShareClass22022-12-012023-11-30 07836239business:OrdinaryShareClass32023-12-012024-11-30 07836239business:OrdinaryShareClass32022-12-012023-11-30 07836239business:OrdinaryShareClass42023-12-012024-11-30 07836239business:OrdinaryShareClass42022-12-012023-11-30 07836239business:AllOrdinaryShares2023-12-012024-11-30 07836239business:AllOrdinaryShares2022-12-012023-11-30 078362392022-12-012023-11-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 07836239 (England and Wales)
HOWIE NICOL LIMITED Unaudited accounts for the year ended 30 November 2024
HOWIE NICOL LIMITED Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,697 
18,053 
Current assets
Debtors
2,803 
7,516 
Cash at bank and in hand
26,966 
32,313 
29,769 
39,829 
Creditors: amounts falling due within one year
(19,987)
(22,527)
Net current assets
9,782 
17,302 
Total assets less current liabilities
23,479 
35,355 
Creditors: amounts falling due after more than one year
(6)
- 
Net assets
23,473 
35,355 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
23,469 
35,351 
Shareholders' funds
23,473 
35,355 
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 15 April 2025 and were signed on its behalf by
Howard Frank Nicol Director Company Registration No. 07836239
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HOWIE NICOL LIMITED Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
HOWIE NICOL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07836239. The registered office is 124 City Road, London, EC1V 2NX, England.
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:
Motor vehicles
- 25% Reducing balance
Fixtures & fittings
- 15% Straight line
Computer equipment
- 15% Straight line
Intangible fixed assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 December 2023
100,000 
At 30 November 2024
100,000 
Amortisation
At 1 December 2023
100,000 
At 30 November 2024
100,000 
Net book value
At 30 November 2024
- 
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HOWIE NICOL LIMITED Notes to the Accounts for the year ended 30 November 2024
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2023
23,662 
97,056 
3,674 
124,392 
At 30 November 2024
23,662 
97,056 
3,674 
124,392 
Depreciation
At 1 December 2023
17,736 
88,103 
500 
106,339 
Charge for the year
1,482 
2,323 
551 
4,356 
At 30 November 2024
19,218 
90,426 
1,051 
110,695 
Net book value
At 30 November 2024
4,444 
6,630 
2,623 
13,697 
At 30 November 2023
5,926 
8,953 
3,174 
18,053 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,803 
7,516 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,428 
3,667 
Taxes and social security
3,502 
2,452 
Other creditors
14,657 
16,013 
Accruals
400 
395 
19,987 
22,527 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
6 
- 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 1 (2020 - 1) A ordinary share of £1 of £1 each
1 
1 
1 1 (2020 - 1) B ordinary share of £1 of £1 each
1 
1 
1 1 (2020 - 1) C ordinary share of £1 of £1 each
1 
1 
1 1 (2020 - 1) D ordinary share of £1 of £1 each
1 
1 
4 
4 
- 4 -
HOWIE NICOL LIMITED Notes to the Accounts for the year ended 30 November 2024
10
Transactions with related parties
At the year end, the company owed £0 (2023: £0) to the directors of the company. This amount is included in other creditors. The loan is provided interest free and is unsecured. There are no formal terms and conditions regarding repayment of the loan. Also included within other creditors is an amount of £13,576 (2023: £14,576) due to connected persons. The loan is provided interest free and is unsecured. There are no formal terms and conditions regarding repayment of the loan.
11
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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