IRIS Accounts Production v25.1.3.33 SC459252 director 1.10.23 30.9.24 30.9.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4592522023-09-30SC4592522024-09-30SC4592522023-10-012024-09-30SC4592522022-09-30SC4592522022-10-012023-09-30SC4592522023-09-30SC459252ns15:Scotland2023-10-012024-09-30SC459252ns14:PoundSterling2023-10-012024-09-30SC459252ns10:Director12023-10-012024-09-30SC459252ns10:PrivateLimitedCompanyLtd2023-10-012024-09-30SC459252ns10:SmallEntities2023-10-012024-09-30SC459252ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-30SC459252ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-30SC459252ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-30SC459252ns10:FullAccounts2023-10-012024-09-30SC459252ns10:OrdinaryShareClass12023-10-012024-09-30SC459252ns10:RegisteredOffice2023-10-012024-09-30SC459252ns5:CurrentFinancialInstruments2024-09-30SC459252ns5:CurrentFinancialInstruments2023-09-30SC459252ns5:ShareCapital2024-09-30SC459252ns5:ShareCapital2023-09-30SC459252ns5:RetainedEarningsAccumulatedLosses2024-09-30SC459252ns5:RetainedEarningsAccumulatedLosses2023-09-30SC459252ns5:FurnitureFittings2023-10-012024-09-30SC459252ns5:FurnitureFittings2023-09-30SC459252ns5:FurnitureFittings2024-09-30SC459252ns5:FurnitureFittings2023-09-30SC459252ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-30SC459252ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30SC459252ns10:OrdinaryShareClass12024-09-30SC459252ns5:RetainedEarningsAccumulatedLosses2023-09-30SC459252ns5:RetainedEarningsAccumulatedLosses2023-10-012024-09-30SC4592521ns10:Director12023-09-30SC4592521ns10:Director12022-09-30SC4592521ns10:Director12023-10-012024-09-30SC4592521ns10:Director12022-10-012023-09-30SC4592521ns10:Director12024-09-30SC4592521ns10:Director12023-09-30
REGISTERED NUMBER: SC459252 (Scotland)














Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Nikmit Limited

Nikmit Limited (Registered number: SC459252)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Nikmit Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: N Mitropoulos





REGISTERED OFFICE: Cornerstone House
Station Road
Selkirk
TD7 5DJ





REGISTERED NUMBER: SC459252 (Scotland)





ACCOUNTANTS: Dental Accountants Scotland Ltd
Specialist Dental Accountants & Advisors
Cornerstone House
Station Road
Selkirk
Borders
TD7 5DJ

Nikmit Limited (Registered number: SC459252)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 545 727

CURRENT ASSETS
Debtors 5 25,010 29,796
Cash at bank 13,196 15,651
38,206 45,447
CREDITORS
Amounts falling due within one year 6 23,321 19,469
NET CURRENT ASSETS 14,885 25,978
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,430

26,705

PROVISIONS FOR LIABILITIES 136 -
NET ASSETS 15,294 26,705

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 15,293 26,704
SHAREHOLDERS' FUNDS 15,294 26,705

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 June 2025 and were signed by:



N Mitropoulos - Director


Nikmit Limited (Registered number: SC459252)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Nikmit Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Nikmit Limited (Registered number: SC459252)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 October 2023
and 30 September 2024 3,267
DEPRECIATION
At 1 October 2023 2,540
Charge for year 182
At 30 September 2024 2,722
NET BOOK VALUE
At 30 September 2024 545
At 30 September 2023 727

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 5,010 9,390
Directors' loan accounts 20,000 20,406
25,010 29,796

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Tax 21,891 18,059
Accruals and deferred income 1,430 1,410
23,321 19,469

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
100 Ordinary 1 1 1

8. RESERVES
Retained
earnings
£   

At 1 October 2023 26,704
Profit for the year 74,047
Dividends (85,458 )
At 30 September 2024 15,293

Nikmit Limited (Registered number: SC459252)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
N Mitropoulos
Balance outstanding at start of year 20,406 4,037
Amounts advanced 122,923 86,197
Amounts repaid (123,329 ) (69,828 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 20,000 20,406

10. ULTIMATE CONTROLLING PARTY

The company is controlled by the director who owns 100% of the issued share capital.