Registered number
09100028
Nippon Investment Bespoke Research UK Ltd
Unaudited Filleted Accounts
for the year ended
31 January 2025
Nippon Investment Bespoke Research UK Ltd
Report and accounts
Contents
Page
Accountants' report 1
Balance sheet 2
Notes to the accounts 3
Nippon Investment Bespoke Research UK Ltd
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Nippon Investment Bespoke Research UK Ltd for the year ended 31 January 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Nippon Investment Bespoke Research UK Ltd for the year ended 31 January 2025 which comprise of the Profit and Loss Account, 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, we are subject to its ethical and other professional requirements which are detailed at
icaew.com/membershandbook.
This report is made solely to the Board of Directors of Nippon Investment Bespoke Research UK Ltd, as a body, in accordance with the terms of our engagement letter dated 2 July 2017. Our work has been undertaken solely to prepare for your approval the accounts of Nippon Investment Bespoke Research UK Ltd and state those matters that we have agreed to state to the Board of Directors of Nippon Investment Bespoke Research UK Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Nippon Investment Bespoke Research UK Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Nippon Investment Bespoke Research UK Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Nippon Investment Bespoke Research UK Ltd. You consider that Nippon Investment Bespoke Research UK Ltd 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 accounts of Nippon Investment Bespoke Research UK 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 accounts.
MAH, Chartered Accountants
2nd Floor
154 Bishopsgate
London
EC2M 4LN
19 May 2025
Nippon Investment Bespoke Research UK Ltd
Registered number: 09100028
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Tangible assets 4 1,757 554
1,757 554
Current assets
Debtors 5 17,394 47,936
Cash at bank and in hand 44,515 63,644
61,909 111,580
Creditors: amounts falling due within one year 6 (13,993) (10,464)
Net current assets 47,916 101,116
Net assets 49,673 101,670
Capital and reserves
Called up share capital 7 2,000 5,000
Profit and loss account 8 47,673 96,670
Total equity 49,673 101,670
The company is exempt from the requirements relating to preparing audited accounts in accordance with section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit of its accounts for the period in question in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were authorised for issue and approved by the board on 19 May 2025 and signed on its behalf.
Yumi Yamamoto-Tyrrell
Director
The notes on pages 3 to 5 form part of these financial statements.
Nippon Investment Bespoke Research UK Ltd
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The financial statements have been prepared in compliance with United Kingdom Accounting Standards, including FRS 102 1A, "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes platform fees and commission fees earned from the rendering of market research consultancy services.

Turnover from the rendering of services is recognised by reference to the period over which the services are performed.

Purchased goodwill represents the excess of the cost of acquisition over the company's interest in the fair value of the identifiable assets and liabilities of a business acquired at the date of acquisition.

Purchased goodwill is recognized as an asset, reviewed for impairment at least annually and carried at cost less accumulated impairment losses. Any impairment is recognised immediately in profit or loss and is not subsequently reversed. Purchased goodwill is deemed to have an indefinite useful life due to the expectation of the acquired business to operate in perpetuity, so is not amortised.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses.

Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 3 years
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.

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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used.

Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction.

At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Taxation 2025 2024
£ £
Analysis of charge in period
Current tax:
UK corporation tax charge - -
- -
Tax on profit on ordinary activities - -
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 February 2024 10,250
Additions 2,287
At 31 January 2025 12,537
Depreciation
At 1 February 2024 9,697
Charge for the year 1,083
At 31 January 2025 10,780
Net book value
At 31 January 2025 1,757
At 31 January 2024 554
5 Debtors 2025 2024
£ £
Trade debtors 14,950 13,750
Other debtors 2,444 34,186
17,394 47,936
6 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 1,315 3,568
Taxation and social security costs 7,581 1,304
Other creditors 5,097 4,351
Accruals and deferred income - 1,241
13,993 10,464
7 Share capital Nominal 2025 2024
value Number £ £
Allotted, called up and fully paid: £1 each 2,000 2,000 5,000
2,000 5,000
8 Profit and loss account 2025 2024
£ £
At 1 February 96,670 115,175
Loss for the financial year (17,374) (7,015)
Dividends (2,510) (11,490)
Share buyback (29,113) -
At 31 January 47,673 96,670
On 28 May 2024 the company purchased 3,000 of its own ordinary shares and cancelled them.
9 Related party transactions
Other creditors includes an interest free current balance of £5,014 (2024: £4,262 owed to the director Yumi Yamamoto-Tyrrell in respect of net expenses incurred on behalf of the company.
10 Controlling party
The company is under the ultimate control of the director, Yumi Yamamoto-Tyrrell, by virtue of her controlling shareholding in the company.
11 Presentation currency
The financial statements are presented in Sterling.
12 Legal form of entity and country of incorporation
The address of the company's principal place of business and registered office is:
118 Pall Mall, London, England, SW1Y 5EA
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