REGISTERED NUMBER: 11493580 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Nickpick Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Tangible assets

4

301

401

Current assets

Debtors

5

100

100

Cash at bank

47,588

48,134

47,688

48,234

Creditors

Amounts falling due within one year

6

47,018

46,538

Net current assets

670

1,696

Total assets less current liabilities

971

2,097

Capital and reserves

Called up share capital

7

100

100

Retained earnings

871

1,997

Shareholders' funds

971

2,097

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2025 and were signed on its behalf by:

C F M Walstock - Director

1.	Statutory information

Nickpick Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11493580

Registered office:

85 Church Road

Hove

East Sussex

BN3 2BB

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 25% reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	Employees and directors

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

4.	Tangible fixed assets

Computer

equipment

£

Cost

At 1 January 2024

and 31 December 2024

1,056

Depreciation

At 1 January 2024

655

Charge for year

100

At 31 December 2024

755

Net book value

At 31 December 2024

301

At 31 December 2023

401

5.

Debtors: amounts falling due within one year

2024

2023

£

£

Other debtors

100

100

6.

Creditors: amounts falling due within one year

2024

2023

£

£

Other creditors

47,018

46,538

7.	Called up share capital

Allotted and issued:

Number:

Class:

Nominal

2024

2023

value:

£

£

50

Ordinary A shares

£1

50

50

50

Ordinary B shares

£1

50

50

100

100

8.	Related party disclosures

At the year end, the company owed the directors £46,268 (2023: £45,860).