Nirvana Intelligent Systems Limited 31/12/2024 iXBRL

Company registration number: 02610949

Nirvana Intelligent Systems Limited

Unaudited abridged financial statements

31 December 2024

Nirvana Intelligent Systems Limited

Contents

Directors and other information

Directors report

Accountants report

Statement of comprehensive income

Abridged statement of financial position

Statement of changes in equity

Notes to the financial statements

Nirvana Intelligent Systems Limited

Directors and other information


	Directors	Mr Bhupendra Shambhulal Chunilal
		Mr Dharmendra Shambhulal Chunilal
		Mrs Daksha Bhupendra Chunilal
		Mrs Shivangi Dharmendra Chunilal


	Secretary	Dharmendra Shambhulal Chunilal


	Company number	02610949


	Registered office	56 Chorley New Road
		Bolton
		Lancashire
		BL1 4AP


	Business address	Nirvana House
		89 - 99 High Street
		Little Lever
		Bolton
		BL3 1NA


	Accountants	Raja & Co.
		Chartered Accountants
		56 Chorley New Road
		Bolton
		BL1 4AP




	Bankers	HSBC Bank plc
		4 Dale Street
		Liverpool
		L69 2BZ

Nirvana Intelligent Systems Limited

Directors report

Year ended 31 December 2024

The directors present their report and the unaudited financial statements of the company for the year ended 31 December 2024.

Directors are pleased to announced transition to SAAS model is now operational. No external funding has been need to achieve this progressive step.

The Company continues to enhance its electronic point-of-sale (EPoS) solutions for the UK charity sector and has commenced work on the integration of artificial intelligence (AI) features aimed at improving automation, data analysis and operational efficiency; these initiatives remain under development and are regarded by the Board as a strategic investment to strengthen the Company’s long-term product offering, undertaken in line with regulatory obligations and the principles of good governance.

Directors

The directors who served the company during the year were as follows:

Mr Bhupendra Shambhulal Chunilal

Mr Dharmendra Shambhulal Chunilal

Mrs Daksha Bhupendra Chunilal

Mrs Shivangi Dharmendra Chunilal

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 24 August 2025 and signed on behalf of the board by:

Mr Bhupendra Shambhulal Chunilal

Director

Nirvana Intelligent Systems Limited

Chartered accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of Nirvana Intelligent Systems Limited

Year ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Nirvana Intelligent Systems Limited for the year ended 31 December 2024 which comprise the statement of comprehensive income, abridged statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Nirvana Intelligent Systems Limited, as a body, in accordance with the terms of our engagement letter dated 2 December 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Nirvana Intelligent Systems Limited and state those matters that we have agreed to state to the board of directors of Nirvana Intelligent Systems Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Nirvana Intelligent Systems Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Nirvana Intelligent Systems Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Nirvana Intelligent Systems Limited. You consider that Nirvana Intelligent Systems Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Nirvana Intelligent Systems Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Raja & Co.

Chartered Accountants

56 Chorley New Road

Bolton

BL1 4AP

24 August 2025

Nirvana Intelligent Systems Limited

Statement of comprehensive income

Year ended 31 December 2024

		2024	2023
	Note	£	£


Turnover		2,015,008	1,587,796
Cost of sales		( 680,260)	( 332,090)
		___________	___________
Gross profit		1,334,748	1,255,706

Administrative expenses		( 1,372,981)	( 1,351,843)
Other operating income		47,664	52,045
		___________	___________
Operating profit/(loss)		9,431	( 44,092)

Other interest receivable and similar income		29,458	7,139
Interest payable and similar expenses		-	( 4)
Profit/(loss) before taxation	5	38,889	( 36,957)

Tax on profit/(loss)		( 15,258)	-
		___________	___________
Profit/(loss) after taxation		23,631	( 36,957)

Other taxes not shown under the above		-	22,251
		___________	___________
Profit/(loss) for the financial year and total comprehensive income		23,631	( 14,706)
		___________	___________

All the activities of the company are from continuing operations.

Nirvana Intelligent Systems Limited

Abridged statement of financial position

31 December 2024

		2024		2023
	Note	£	£	£	£

Fixed assets
Tangible assets	6	331,968		290,008
		___________		___________
			331,968		290,008

Current assets
Stocks		1,250,000		332,800
Debtors		357,830		364,868
Cash at bank and in hand		170,771		1,094,345
		___________		___________
		1,778,601		1,792,013
Creditors: amounts falling due
within one year		( 854,932)		( 815,395)
		___________		___________
Net current assets			923,669		976,618
			___________		___________
Total assets less current liabilities			1,255,637		1,266,626

			___________		___________
Net assets			1,255,637		1,266,626
			___________		___________

Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			1,254,637		1,265,626
			___________		___________
Shareholders funds			1,255,637		1,266,626
			___________		___________

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

All of the members have consented to the preparation of the abridged statement of financial position for the current year ending 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements were approved by the board of directors and authorised for issue on 24 August 2025 , and are signed on behalf of the board by:

Mr Bhupendra Shambhulal Chunilal

Director

Company registration number: 02610949

Nirvana Intelligent Systems Limited

Statement of changes in equity

Year ended 31 December 2024

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 January 2023 (as previously reported)	1,000	1,314,952	1,315,952
Prior period adjustments	(-)	45,380	45,380
	___________	___________	___________
At 1 January 2023 (restated)	1,000	1,360,332	1,361,332

Profit/(loss) for the year		( 14,706)	( 14,706)
	___________	___________	___________
Total comprehensive income for the year	-	( 14,706)	( 14,706)

Dividends paid and payable		( 80,000)	( 80,000)
	___________	___________	___________
Total investments by and distributions to owners	-	( 80,000)	( 80,000)

At 31 December 2023 (as previously reported)	1,000	1,265,626	1,266,626
Prior period adjustments	(-)	45,380	45,380
	___________	___________	___________
At 31 December 2023 (restated) and 1 January 2024	1,000	1,311,006	1,312,006

Profit/(loss) for the year		23,631	23,631
	___________	___________	___________
Total comprehensive income for the year	-	23,631	23,631

Dividends paid and payable		( 80,000)	( 80,000)
	___________	___________	___________
Total investments by and distributions to owners	-	( 80,000)	( 80,000)

	___________	___________	___________
At 31 December 2024	1,000	1,254,637	1,255,637
	___________	___________	___________

Nirvana Intelligent Systems Limited

Notes to the financial statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is 56 Chorley New Road, Bolton, Lancashire, BL1 4AP.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Computers & software	-	33 %	reducing balance
Plant and machinery	-	25 %	reducing balance
Fittings fixtures and equipment	-	20 %	reducing balance
Motor vehicles	-	25 %	reducing balance
Development tools	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 21 (2023: 19 ).

5. Profit/loss before taxation

Profit/loss before taxation is stated after charging/(crediting):

	2024	2023
	£	£
Depreciation of tangible assets	35,556	28,799
	___________	___________

6. Tangible assets


		£
	Cost
	At 1 January 2024	728,692
	Additions	77,516
		___________
	At 31 December 2024	806,208
		___________
	Depreciation
	At 1 January 2024	438,684
	Charge for the year	35,556
		___________
	At 31 December 2024	474,240
		___________
	Carrying amount
	At 31 December 2024	331,968
		___________
	At 31 December 2023	290,008
		___________

7. Directors advances, credits and guarantees

	Balance brought forward and o/standing	Balance brought forward and o/standing
	2024	2023
	£	£
Mr Bhupendra Shambhulal Chunilal	45,333	109,174
Mr Dharmendra Shambhulal Chunilal	46,917	40,191
Mrs Daksha Bhupendra Chunilal	34,988	38,988
Mrs Shivangi Dharmendra Chunilal	31,246	35,246
	___________	___________
	158,484	5,251
	___________	___________