Company registration number 09658417 (England and Wales)
JUST NICHE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024
PAGES FOR FILING WITH REGISTRAR
JUST NICHE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
JUST NICHE LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2024
31 August 2024
- 1 -
31 August 2024
31 January 2024
Notes
£
£
£
£
Current assets
Debtors
3
182,199
Cash at bank and in hand
1,000
182,199
1,000
Creditors: amounts falling due within one year
4
(182,198)
(109,876)
Net current assets/(liabilities)
1
(108,876)
Capital and reserves
Called up share capital
5
1
1
Profit and loss reserves
(108,877)
Total equity
1
(108,876)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial period ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 23 May 2025 and are signed on its behalf by:
M U Reynolds
Director
Company Registration No. 09658417
JUST NICHE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024
- 2 -
1
Accounting policies
Company information
Just Niche Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 13, Farnham Business Centre, Dogflud Way, Farnham, Surrey, United Kingdom, GU9 7UP.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Reporting period
The company has changed its accounting reference date to 31 August, to align with fellow group companies. The current reporting period covers the 7 month period ended 31 August 2024. The prior reporting period covered the 12 month period ended 31 January 2024. Therefore, these financial statements are not entirely comparable.
1.3
Turnover
Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.
1.4
Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2024
2024
Number
Number
Total
2
2
JUST NICHE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST 2024
- 3 -
3
Debtors
2024
2024
Amounts falling due within one year:
£
£
Other debtors
182,199
4
Creditors: amounts falling due within one year
2024
2024
£
£
Amounts owed to group undertakings
107,476
Taxation and social security
180,398
2,400
Other creditors
1,800
182,198
109,876
5
Called up share capital
August
January
August
January
2024
2024
2024
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary Shares of £1 each
1
1
1
1
6
Parent company
On 31 August 2024 Investment 89 Limited acquired 100% of the share capital of Just Niche Limited and therefore became the parent company. The registered office address is the same as for the company. The ultimate controlling parties are M U Reynolds and K J Reynolds.