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Company Registration No. 07401560 (England and Wales)
NY Style Ltd Unaudited accounts for the year ended 31 October 2024
NY Style Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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NY Style Ltd Company Information for the year ended 31 October 2024
Director
Irfan Ahmed
Company Number
07401560 (England and Wales)
Registered Office
19 BRIXTON ROAD PRESTON PR1 4NR ENGLAND
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NY Style Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
442 
552 
Current assets
Inventories
7,898 
5,488 
Cash at bank and in hand
26,804 
56,200 
34,702 
61,688 
Creditors: amounts falling due within one year
5
(31,049)
(58,504)
Net current assets
3,653 
3,184 
Net assets
4,095 
3,736 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,995 
3,636 
Shareholders' funds
4,095 
3,736 
For the year ending 31 October 2024 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 17 October 2025 and were signed on its behalf by
Irfan Ahmed Director Company Registration No. 07401560
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NY Style Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
NY Style Ltd is a private company, limited by shares, registered in England and Wales, registration number 07401560. The registered office is 19 BRIXTON ROAD, PRESTON, PR1 4NR, 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.
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% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 November 2023
5,420 
At 31 October 2024
5,420 
Depreciation
At 1 November 2023
4,868 
Charge for the year
110 
At 31 October 2024
4,978 
Net book value
At 31 October 2024
442 
At 31 October 2023
552 
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NY Style Ltd Notes to the Accounts for the year ended 31 October 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,424 
25 
Trade creditors
1,913 
17,363 
Taxes and social security
2,094 
2,529 
Other creditors
12,743 
10,496 
Loans from directors
11,875 
28,091 
31,049 
58,504 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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