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Company Registration No. 05855076 (England and Wales)
Nifty Solutions Ltd Unaudited accounts for the year ended 30 June 2025
Nifty Solutions Ltd Unaudited accounts Contents
Page
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Nifty Solutions Ltd Company Information for the year ended 30 June 2025
Directors
Peter Roy Burlingham Lesley Ann Burlingham
Company Number
05855076 (England and Wales)
Registered Office
22 Fawn Meadows Greystoke Penrith CA11 0FQ England
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Nifty Solutions Ltd Statement of financial position as at 30 June 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,393 
2,423 
Current assets
Debtors
993 
31,348 
Cash at bank and in hand
3,687 
3,377 
4,680 
34,725 
Creditors: amounts falling due within one year
(160)
(18,977)
Net current assets
4,520 
15,748 
Total assets less current liabilities
5,913 
18,171 
Creditors: amounts falling due after more than one year
(5,875)
(25,597)
Net assets/(liabilities)
38 
(7,426)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
36 
(7,428)
Shareholders' funds
38 
(7,426)
For the year ending 30 June 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 28 August 2025 and were signed on its behalf by
Lesley Ann Burlingham Director Company Registration No. 05855076
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Nifty Solutions Ltd Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Nifty Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 05855076. The registered office is 22 Fawn Meadows, Greystoke, Penrith, CA11 0FQ, 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 year, 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.
Turnover
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 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.
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:
Fixtures & fittings
20% Straight line
Computer equipment
20% Straight line
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Nifty Solutions Ltd Notes to the Accounts for the year ended 30 June 2025
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2024
700 
18,773 
19,473 
Disposals
(700)
(11,507)
(12,207)
At 30 June 2025
- 
7,266 
7,266 
Depreciation
At 1 July 2024
700 
16,350 
17,050 
Charge for the year
- 
710 
710 
On disposals
(700)
(11,187)
(11,887)
At 30 June 2025
- 
5,873 
5,873 
Net book value
At 30 June 2025
- 
1,393 
1,393 
At 30 June 2024
- 
2,423 
2,423 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
993 
3,438 
Other debtors
- 
27,910 
993 
31,348 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
1,500 
11,658 
VAT
3,494 
2,224 
Trade creditors
- 
696 
Taxes and social security
15,231 
776 
Other creditors
2,637 
3,623 
Loans from directors
(22,702)
- 
160 
18,977 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
5,875 
25,597 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Loan
27,875 
22,702 
27,875 
22,702 
27,875 
22,702 
27,875 
22,702 
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Nifty Solutions Ltd Notes to the Accounts for the year ended 30 June 2025
9
Average number of employees
During the year the average number of employees was 1 (2024: 2).
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