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REGISTERED NUMBER: 01521727 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

NIMBUS DESIGNS LIMITED

NIMBUS DESIGNS LIMITED (REGISTERED NUMBER: 01521727)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 October 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


NIMBUS DESIGNS LIMITED

COMPANY INFORMATION
For The Year Ended 31 October 2024







DIRECTORS: A Smith
J Smith





SECRETARY: A Smith





REGISTERED OFFICE: Ground Floor, Baird House
Seebeck Place
Knowlhill
Milton Keynes
Buckinghamshire
MK5 8FR





REGISTERED NUMBER: 01521727 (England and Wales)





ACCOUNTANTS: TC Group
Baird House
Seebeck Place
Knowlhill
Milton Keynes
Buckinghamshire
MK5 8FR

NIMBUS DESIGNS LIMITED (REGISTERED NUMBER: 01521727)

BALANCE SHEET
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,639 3,273
Investment property 5 179,244 179,244
181,883 182,517

CURRENT ASSETS
Stocks 6 500 500
Debtors 7 15,949 12,267
Cash at bank and in hand 189,772 204,689
206,221 217,456
CREDITORS
Amounts falling due within one year 8 200,703 203,057
NET CURRENT ASSETS 5,518 14,399
TOTAL ASSETS LESS CURRENT LIABILITIES 187,401 196,916

PROVISIONS FOR LIABILITIES 502 818
NET ASSETS 186,899 196,098

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 186,897 196,096
SHAREHOLDERS' FUNDS 186,899 196,098

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

NIMBUS DESIGNS LIMITED (REGISTERED NUMBER: 01521727)

BALANCE SHEET - continued
31 October 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2025 and were signed on its behalf by:





A Smith - Director


NIMBUS DESIGNS LIMITED (REGISTERED NUMBER: 01521727)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 October 2024


1. STATUTORY INFORMATION

Nimbus Designs Limited is a private company, limited by shares , registered in England and Wales. 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

NIMBUS DESIGNS LIMITED (REGISTERED NUMBER: 01521727)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 October 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 November 2023 33,338 9,518 38,265 81,121
Additions - - 513 513
At 31 October 2024 33,338 9,518 38,778 81,634
DEPRECIATION
At 1 November 2023 32,726 8,843 36,279 77,848
Charge for year 153 169 825 1,147
At 31 October 2024 32,879 9,012 37,104 78,995
NET BOOK VALUE
At 31 October 2024 459 506 1,674 2,639
At 31 October 2023 612 675 1,986 3,273

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023
and 31 October 2024 179,244
NET BOOK VALUE
At 31 October 2024 179,244
At 31 October 2023 179,244

6. STOCKS
2024 2023
£    £   
Stocks 500 500

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 15,522 11,923
Prepayments and accrued income 427 344
15,949 12,267

NIMBUS DESIGNS LIMITED (REGISTERED NUMBER: 01521727)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 October 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 25,467 32,357
Corporation tax 2,553 12,699
Social security and other taxes 105 105
VAT 3,811 5,050
Directors' current accounts 167,073 151,273
Accrued expenses 1,694 1,573
200,703 203,057

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

10. ULTIMATE CONTROLLING PARTY

The company is under the control of directors who own 100% of the share capital.