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Company Registration No. 12069774 (England and Wales)
Nick Lyons Ltd Unaudited accounts for the year ended 30 June 2025
Nick Lyons Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Nick Lyons Ltd Company Information for the year ended 30 June 2025
Director
Nicholas Lyons
Secretary
Nicholas Lyons
Company Number
12069774 (England and Wales)
Registered Office
Gwyngala Lower Condurrow Camborne TR14 9AP England
Accountants
Accounts Studio Ltd 20-22 Wenlock Road London N1 7GU
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Nick Lyons Ltd Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,718
1,890
Current assets
Debtors
5
90,800
9,141
Cash at bank and in hand
728
79,426
91,528
88,567
Creditors: amounts falling due within one year
6
(10,810)
(14,388)
Net current assets
80,718
74,179
Net assets
82,436
76,069
Capital and reserves
Called up share capital
100
100
Profit and loss account
82,336
75,969
Shareholders' funds
82,436
76,069
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 director acknowledges his 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 and authorised for issue on 11 August 2025 and were signed on its behalf by
Nicholas Lyons Director Company Registration No. 12069774
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Nick Lyons Ltd Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Nick Lyons Ltd is a private company, limited by shares, registered in England and Wales, registration number 12069774. The registered office is Gwyngala, Lower Condurrow, Camborne, TR14 9AP, 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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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:
Computer equipment
33.33% straight line
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 July 2024
6,696
Additions
1,506
At 30 June 2025
8,202
Depreciation
At 1 July 2024
4,806
Charge for the year
1,678
At 30 June 2025
6,484
Net book value
At 30 June 2025
1,718
At 30 June 2024
1,890
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Nick Lyons Ltd Notes to the Accounts for the year ended 30 June 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
3,800
9,141
Other debtors
87,000
-
90,800
9,141
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
10,810
13,043
Loans from directors
-
1,345
10,810
14,388
7
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Nicholas Lyons
(1,345)
164,371
76,026
87,000
(1,345)
164,371
76,026
87,000
At the balance sheet date Mr. Nicholas Lyons, Director of the company owed £87,000. The loan carried interest at HMRC's official rate and was repaid in full, including interest, on 31 October 2025.
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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