REGISTERED NUMBER: 13152046 (England and Wales)

Nordic Style London Ltd

Unaudited Financial Statements

for the Year Ended 31st July 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M A Essex

REGISTERED OFFICE:

69 Lambeth Walk

London

SE11 6DX

REGISTERED NUMBER:

13152046 (England and Wales)

ACCOUNTANTS:

Naail & Co

Chartered Certified Accountants

69 Lambeth Walk

London

SE11 6DX

FIXED ASSETS

Intangible assets

5

12,652

14,952

Property, plant and equipment

6

64,687

25,908

77,339

40,860

CURRENT ASSETS

Inventories

215,000

142,000

Debtors

345,447

441,816

Cash at bank and in hand

2,833

5,271

563,280

589,087

CREDITORS

Amounts falling due within one year

525,820

555,169

NET CURRENT ASSETS

37,460

33,918

TOTAL ASSETS LESS CURRENT LIABILITIES

114,799

74,778

PROVISIONS FOR LIABILITIES

8

1,364

-

NET ASSETS

113,435

74,778

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

113,335

74,678

SHAREHOLDERS' FUNDS

113,435

74,778

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st July 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29th October 2025 and were signed by:

Mr M A Essex - Director

1.	STATUTORY INFORMATION

Nordic Style London Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is generated from the ordinary activities of the business and is recognized when the goods are delivered to customer.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

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

Short leasehold

-

15% on reducing balance

Improvements to property

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less any additional costs to sell.

Taxation

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

In the director's assessment of the company's ability to continue as a going concern, there are no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

5.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1st August 2024

and 31st July 2025

23,003

AMORTISATION

At 1st August 2024

8,051

Amortisation for year

2,300

At 31st July 2025

10,351

NET BOOK VALUE

At 31st July 2025

12,652

At 31st July 2024

14,952

6.	PROPERTY, PLANT AND EQUIPMENT

Totals

£

COST

At 1st August 2024

59,604

Additions

62,683

At 31st July 2025

122,287

DEPRECIATION

At 1st August 2024

33,696

Charge for year

23,904

At 31st July 2025

57,600

NET BOOK VALUE

At 31st July 2025

64,687

At 31st July 2024

25,908

7.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Other loans

97,246

29,997

8.	PROVISIONS FOR LIABILITIES

2025

£

Deferred tax

1,364

Deferred

tax

£

Balance at 1st August 2024

(1,203

)

Charge to Income Statement during year

2,567

Balance at 31st July 2025

1,364

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £52,300 were paid to the director .

Mr M Essex

Director & 100% shareholder

At reporting date, the company owed £100 to Mr Essex (2024: Mr Essex owed £61,524 to the company). This is an interest free loan with no set repayment dates.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M A Essex.