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REGISTERED NUMBER: 09721503 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2024

FOR

NIMA SALES & MARKETING LTD

NIMA SALES & MARKETING LTD (REGISTERED NUMBER: 09721503)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NIMA SALES & MARKETING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST AUGUST 2024







DIRECTOR: Ms S N Hayer





REGISTERED OFFICE: 3 & 4 Park Court
Riccall Road
Escrick
York
North Yorkshire
YO19 6ED





REGISTERED NUMBER: 09721503 (England and Wales)





ACCOUNTANTS: CGA
Chartered Certified Accountants
3 & 4 Park Court
Riccall Road
Escrick
York
North Yorkshire
YO19 6ED

NIMA SALES & MARKETING LTD (REGISTERED NUMBER: 09721503)

BALANCE SHEET
31ST AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,556 2,076

CURRENT ASSETS
Debtors 5 7,197 19,141
Cash at bank 443 846
7,640 19,987
CREDITORS
Amounts falling due within one year 6 78,098 59,991
NET CURRENT LIABILITIES (70,458 ) (40,004 )
TOTAL ASSETS LESS CURRENT LIABILITIES (68,902 ) (37,928 )

CREDITORS
Amounts falling due after more than one year 7 1,492 3,526
NET LIABILITIES (70,394 ) (41,454 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (70,396 ) (41,456 )
SHAREHOLDERS' FUNDS (70,394 ) (41,454 )

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

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

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1st August 2025 and were signed by:





Ms S N Hayer - Director


NIMA SALES & MARKETING LTD (REGISTERED NUMBER: 09721503)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024

1. STATUTORY INFORMATION

Nima Sales & Marketing Ltd 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 and represents amounts receivable for goods supplied and services rendered stated net of discounts and of Value Added Tax.

Income is recognised when the service has been delivered to customers.

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 - 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.

Going concern
Despite the company showing net liabilities, the financial statements have been prepared on a going concern basis. The director will continue to support the company for a period in excess of twelve months from the date of approval of these financial statements.

Grant income
Discretionary Grant Fund income for which there are no future performance-related conditions are recognised as income in the period in which it become receivable.

3. EMPLOYEES AND DIRECTORS

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

NIMA SALES & MARKETING LTD (REGISTERED NUMBER: 09721503)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1st September 2023
and 31st August 2024 940 156 6,531 7,627
DEPRECIATION
At 1st September 2023 893 90 4,568 5,551
Charge for year 12 17 491 520
At 31st August 2024 905 107 5,059 6,071
NET BOOK VALUE
At 31st August 2024 35 49 1,472 1,556
At 31st August 2023 47 66 1,963 2,076

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 6,000 7,338
Other debtors 1,197 11,803
7,197 19,141

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,000 2,000
Trade creditors 4,534 8,836
Taxation and social security 42,692 39,832
Other creditors 28,872 9,323
78,098 59,991

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 1,492 3,526

NIMA SALES & MARKETING LTD (REGISTERED NUMBER: 09721503)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024

8. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £26,298 (2023 - £7,811 to members of key management personnel. No interest has been charged to the company in respect of this loan which is repayable on demand and is presented within creditors due within one year.


York Fashion Week Ltd
During the year, the company loaned £nil (2023: £nil) to and received £1,300 (2023: £3,300) from the above company that the director is also a director of.

The amount of £1,000 remained outstanding as at the year end and is presented in current liabilities (2023: £300 was presented in current assets)

No interest is charged on the balance.