Caseware UK (AP4) 2024.0.164 2024.0.164 2024-04-302024-04-30No description of principal activity2023-05-01false11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13364452 2023-05-01 2024-04-30 13364452 2022-05-01 2023-04-30 13364452 2024-04-30 13364452 2023-04-30 13364452 c:Director1 2023-05-01 2024-04-30 13364452 d:MotorVehicles 2023-05-01 2024-04-30 13364452 d:MotorVehicles 2024-04-30 13364452 d:MotorVehicles 2023-04-30 13364452 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 13364452 d:OfficeEquipment 2023-05-01 2024-04-30 13364452 d:OfficeEquipment 2024-04-30 13364452 d:OfficeEquipment 2023-04-30 13364452 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 13364452 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 13364452 d:CurrentFinancialInstruments 2024-04-30 13364452 d:CurrentFinancialInstruments 2023-04-30 13364452 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 13364452 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 13364452 d:ShareCapital 2024-04-30 13364452 d:ShareCapital 2023-04-30 13364452 d:RetainedEarningsAccumulatedLosses 2024-04-30 13364452 d:RetainedEarningsAccumulatedLosses 2023-04-30 13364452 c:OrdinaryShareClass1 2023-05-01 2024-04-30 13364452 c:OrdinaryShareClass1 2024-04-30 13364452 c:OrdinaryShareClass1 2023-04-30 13364452 c:FRS102 2023-05-01 2024-04-30 13364452 c:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 13364452 c:FullAccounts 2023-05-01 2024-04-30 13364452 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 13364452 2 2023-05-01 2024-04-30 13364452 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 13364452









NIKKI MAKEUP LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
NIKKI MAKEUP LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF NIKKI MAKEUP LTD
FOR THE YEAR ENDED 30 APRIL 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Nikki Makeup Ltd for the year ended 30 April 2024 which comprise  the 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 at https://www.icaew.com /regulation.

This report is made solely to the Director of Nikki Makeup Ltd in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Nikki Makeup Ltd and state those matters that we have agreed to state to the Director of Nikki Makeup Ltd in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Nikki Makeup Ltd and its Director for our work or for this report. 

It is your duty to ensure that Nikki Makeup Ltd 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 Nikki Makeup Ltd. You consider that Nikki Makeup Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Nikki Makeup Ltd. 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.

  



Nyman Libson Paul LLP
 
Chartered Accountants
  
124 Finchley Road
London
NW3 5JS
23 April 2025
Page 1

 
NIKKI MAKEUP LTD
REGISTERED NUMBER: 13364452

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible fixed assets
  
46,182
42,847

  
46,182
42,847

Current assets
  

Debtors Within One Year
 5 
1,267,075
699,678

Cash at bank and in hand
  
292,488
229,650

  
1,559,563
929,328

Current liabilities
  

Creditors: Amounts Falling Due Within One Year
 6 
(446,161)
(143,198)

Net current assets
  
 
 
1,113,402
 
 
786,130

  

Net assets
  
1,159,584
828,977


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
1,159,583
828,976

  
1,159,584
828,977


Page 2

 
NIKKI MAKEUP LTD
REGISTERED NUMBER: 13364452
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 April 2025.



N L Wolff
Director

The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
NIKKI MAKEUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Nikki Makeup Ltd is a private company limited by shares and registered in England & Wales. The address iof the registered office is 124 Finchley Road, London, England, NW3 5JS.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The information on the impact of first-time adoption of FRS 102 is given in Note 9.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.3

Revenue

Revenue is derived from contracts to provide digital content. It is recognised in the period in which the services are provided to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 4

 
NIKKI MAKEUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

The estimated useful lives range as follows:

Motor vehicles
-
10
years
Office equipment
-
10
years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. 

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.9

Creditors

Short-term creditors are measured at the transaction price. 

 
2.10

Financial instruments


The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from other third parties and loans to/from related parties.

Page 5

 
NIKKI MAKEUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.11

Dividends

Equity dividends are recognised when they become legally payable.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost


At 1 May 2023
38,418
9,190
47,608


Additions
-
8,513
8,513



At 30 April 2024

38,418
17,703
56,121



Depreciation


At 1 May 2023
3,842
919
4,761


Charge for the year
3,842
1,336
5,178



At 30 April 2024

7,684
2,255
9,939



Net book value



At 30 April 2024
30,734
15,448
46,182



At 30 April 2023
34,576
8,271
42,847


5.


Debtors

2024
2023
£
£


Trade debtors
601,630
378,016

Other debtors
665,445
321,662

1,267,075
699,678


Page 6

 
NIKKI MAKEUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
3,565
-

Other taxation and social security
284,170
143,198

Accruals and deferred income
158,426
-

446,161
143,198



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £1.00
1
1



8.


Related party transactions

At the reporting date, the Director owed the Company £578,475 (2023: £261,662). Interest charged on the loan during the year was £10,360 (2023: £nil).

 
Page 7