1 December 2024 false No description of principal activity Taxfiler 2024.6 07836239business:PrivateLimitedCompanyLtd2024-12-012025-05-31 078362392024-11-30 078362392024-12-012025-05-31 07836239business:AuditExempt-NoAccountantsReport2024-12-012025-05-31 07836239business:FilletedAccounts2024-12-012025-05-31 078362392025-05-31 078362392024-11-30 07836239core:WithinOneYear2025-05-31 07836239core:WithinOneYear2024-11-30 07836239core:AfterOneYear2025-05-31 07836239core:AfterOneYear2024-11-30 07836239core:ShareCapitalcore:PreviouslyStatedAmount2025-05-31 07836239core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 07836239core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-05-31 07836239core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 07836239core:PreviouslyStatedAmount2025-05-31 07836239core:PreviouslyStatedAmount2024-11-30 07836239business:SmallEntities2024-12-012025-05-31 07836239business:Director22024-12-012025-05-31 07836239countries:EnglandWales2024-12-012025-05-31 07836239business:RegisteredOffice2024-12-012025-05-31 07836239core:MotorVehicles2024-12-012025-05-31 07836239core:FurnitureFittings2024-12-012025-05-31 07836239core:ComputerEquipment2024-12-012025-05-31 07836239core:Goodwill2024-11-30 07836239core:Goodwill2025-05-31 07836239core:MotorVehicles2024-11-30 07836239core:FurnitureFittings2024-11-30 07836239core:ComputerEquipment2024-11-30 07836239core:MotorVehicles2025-05-31 07836239core:FurnitureFittings2025-05-31 07836239core:ComputerEquipment2025-05-31 07836239business:OrdinaryShareClass12024-12-012025-05-31 07836239business:OrdinaryShareClass12023-12-012024-11-30 07836239business:OrdinaryShareClass22024-12-012025-05-31 07836239business:OrdinaryShareClass22023-12-012024-11-30 07836239business:OrdinaryShareClass32024-12-012025-05-31 07836239business:OrdinaryShareClass32023-12-012024-11-30 07836239business:OrdinaryShareClass42024-12-012025-05-31 07836239business:OrdinaryShareClass42023-12-012024-11-30 07836239business:AllOrdinaryShares2024-12-012025-05-31 07836239business:AllOrdinaryShares2023-12-012024-11-30 078362392023-12-012024-11-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 07836239 (England and Wales)
HOWIE NICOL LIMITED Unaudited accounts for the period from 1 December 2024 to 31 May 2025
HOWIE NICOL LIMITED Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
13,697 
Current assets
Debtors
777 
2,803 
Cash at bank and in hand
- 
26,966 
777 
29,769 
Creditors: amounts falling due within one year
(480)
(19,987)
Net current assets
297 
9,782 
Total assets less current liabilities
297 
23,479 
Creditors: amounts falling due after more than one year
(293)
(6)
Net assets
4 
23,473 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
- 
23,469 
Shareholders' funds
4 
23,473 
For the period ending 31 May 2025 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 of Directors and authorised for issue on 2 July 2025 and were signed on its behalf by
Howard Frank Nicol Director Company Registration No. 07836239
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HOWIE NICOL LIMITED Notes to the Accounts for the period from 1 December 2024 to 31 May 2025
1
Statutory information
HOWIE NICOL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07836239. The registered office is 124 City Road, London, EC1V 2NX, England.
2
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Motor vehicles
- 25% Reducing balance
Fixtures & fittings
- 15% Straight line
Computer equipment
- 15% Straight line
Intangible fixed assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 December 2024
100,000 
At 31 May 2025
100,000 
Amortisation
At 1 December 2024
100,000 
At 31 May 2025
100,000 
Net book value
At 31 May 2025
- 
- 3 -
HOWIE NICOL LIMITED Notes to the Accounts for the period from 1 December 2024 to 31 May 2025
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2024
23,662 
97,056 
3,674 
124,392 
Disposals
(4,444)
(6,630)
(2,623)
(13,697)
At 31 May 2025
19,218 
90,426 
1,051 
110,695 
Depreciation
At 1 December 2024
19,218 
90,426 
1,051 
110,695 
At 31 May 2025
19,218 
90,426 
1,051 
110,695 
Net book value
At 31 May 2025
- 
- 
- 
- 
At 30 November 2024
4,444 
6,630 
2,623 
13,697 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
2,803 
Other debtors
777 
- 
777 
2,803 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
- 
1,428 
Taxes and social security
- 
3,502 
Other creditors
- 
14,657 
Accruals
480 
400 
480 
19,987 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Other creditors
293 
- 
Taxes and social security
- 
6 
293 
6 
9
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
1 1 (2020 - 1) A ordinary share of £1 of £1 each
1 
1 
1 1 (2020 - 1) B ordinary share of £1 of £1 each
1 
1 
1 1 (2020 - 1) C ordinary share of £1 of £1 each
1 
1 
1 1 (2020 - 1) D ordinary share of £1 of £1 each
1 
1 
4 
4 
- 4 -
HOWIE NICOL LIMITED Notes to the Accounts for the period from 1 December 2024 to 31 May 2025
10
Transactions with related parties
At the year end, the company owed £0 (2024: £0) to the directors of the company. This amount is included in other creditors. The loan is provided interest free and is unsecured. There are no formal terms and conditions regarding repayment of the loan. Also included within other creditors is an amount of £0.00 (2024: £13,576) due to connected persons. The loan is provided interest free and is unsecured. There are no formal terms and conditions regarding repayment of the loan.
11
Average number of employees
During the period the average number of employees was 2 (2024: 2).
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