Nook Pod Ltd
Unaudited accounts
Contents
Nook Pod Ltd
Statement of financial position
as at 31 July 2024
Inventories
300,000
255,000
Cash at bank and in hand
44,943
104,879
Creditors: amounts falling due within one year
(458,448)
(404,763)
Net current assets
167,160
159,870
Total assets less current liabilities
168,780
160,418
Creditors: amounts falling due after more than one year
(9,459)
(26,716)
Provisions for liabilities
Net assets
158,944
133,595
Called up share capital
100
100
Profit and loss account
158,844
133,495
Shareholders' funds
158,944
133,595
For the year ending 31 July 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 22 May 2025 and were signed on its behalf by
D O'Coimin
Director
Company Registration No. 10267520
Nook Pod Ltd
Notes to the Accounts
for the year ended 31 July 2024
Nook Pod Ltd is a private company, limited by shares, registered in England and Wales, registration number 10267520. The registered office is 3 The Pumphouse, Pumphouse Lane, Bristol, BS4 4RQ.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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:
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Nook Pod Ltd
Notes to the Accounts
for the year ended 31 July 2024
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Tangible fixed assets
Total
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Transactions with related parties
The director charged the company rent of £312 (2023: £312).
The director also made an interest free loan to the company of £120,201 (2022: £113,180). The director reserves the right to charge the company interest at any stage."
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Post balance sheet events
Nook Pod Ltd was formerly The Do Co Group Ltd and there was a change of name after the accounting period on 04/03/2025.
There are no other material events affecting the company since the balance sheet date that would require disclosure or adjustment to the financial statement.
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Average number of employees
During the year the average number of employees was 1 (2023: 1).