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
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
Nifty Solutions Ltd
Statement of financial position
as at 30 June 2025
Tangible assets
1,393
2,423
Cash at bank and in hand
3,687
3,377
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)
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
Nifty Solutions Ltd
Notes to the Accounts
for the year ended 30 June 2025
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
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.
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
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
At 30 June 2025
-
1,393
1,393
At 30 June 2024
-
2,423
2,423
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
1,500
11,658
Taxes and social security
15,231
776
Other creditors
2,637
3,623
Loans from directors
(22,702)
-
7
Creditors: amounts falling due after more than one year
2025
2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan
27,875
22,702
27,875
22,702
27,875
22,702
27,875
22,702
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).