REGISTERED NUMBER: 07212457 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

NICHE OF LEIGH LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C M Sherwin

R D Sherwin

S J Sherwin

REGISTERED OFFICE:

Clarence Street Chambers

32 Clarence Street

Southend-on-Sea

Essex

SS1 1BD

BUSINESS ADDRESS:

6 Broadway

Leigh on Sea

Essex

SS9 1AW

REGISTERED NUMBER:

07212457 (England and Wales)

ACCOUNTANTS:

A.R. Lee & Co.

Chartered Accountants

Clarence Street Chambers

32 Clarence Street

Southend-on-Sea

Essex

SS1 1BD

FIXED ASSETS

Intangible assets

4

27,500

33,000

Tangible assets

5

5,518

2,460

Investments

6

3,800

3,800

36,818

39,260

CURRENT ASSETS

Stocks

146,384

162,216

Debtors

7

53,282

54,858

Cash at bank and in hand

126,977

120,274

326,643

337,348

CREDITORS

Amounts falling due within one year

8

34,377

46,444

NET CURRENT ASSETS

292,266

290,904

TOTAL ASSETS LESS CURRENT LIABILITIES

329,084

330,164

PROVISIONS FOR LIABILITIES

862

240

NET ASSETS

328,222

329,924

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

328,122

329,824

SHAREHOLDERS' FUNDS

328,222

329,924

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 November 2025 and were signed on its behalf by:

R D Sherwin - Director

1.	STATUTORY INFORMATION

Niche of Leigh 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.	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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twenty years.

Computer software

Computer software is a website purchased 28 September 2015, this is being amortised evenly over its estimated useful life of 3 years.

Tangible fixed assets

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

Improvements to property

-

10% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

110,000

4,995

114,995

AMORTISATION

At 1 April 2024

77,000

4,995

81,995

Charge for year

5,500

-

5,500

At 31 March 2025

82,500

4,995

87,495

NET BOOK VALUE

At 31 March 2025

27,500

-

27,500

At 31 March 2024

33,000

-

33,000

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

3,105

25,619

15,571

1,668

45,963

Additions

-

-

4,400

560

4,960

At 31 March 2025

3,105

25,619

19,971

2,228

50,923

DEPRECIATION

At 1 April 2024

3,105

24,165

14,565

1,668

43,503

Charge for year

-

364

1,352

186

1,902

At 31 March 2025

3,105

24,529

15,917

1,854

45,405

NET BOOK VALUE

At 31 March 2025

-

1,090

4,054

374

5,518

At 31 March 2024

-

1,454

1,006

-

2,460

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

3,800

NET BOOK VALUE

At 31 March 2025

3,800

At 31 March 2024

3,800

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

53,282

54,858

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

16,854

11,955

Taxation and social security

9,488

7,502

Other creditors

8,035

26,987

34,377

46,444

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

45

Ordinary A

£1

45

45

45

Ordinary B

£1

45

45

10

Ordinary C

£1

10

10

100

100