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Company registration number:
11636822
Niknab Limited
Unaudited Filleted Financial Statements for the year ended
31 March 2025
BOHORUNS
Chartered Certified Accountants & Auditors, 6 Howley Park Business Village, Pullan Way, Leeds, LS27 0BZ, United Kingdom
Niknab Limited
Report to the board of directors on the preparation of the unaudited statutory financial statements of Niknab Limited
Year ended
31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the
financial statements
of
Niknab Limited
for the year ended
31 March 2025
which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given me.
As a practising member of the Association of Chartered Certified Accountants, I am subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Members/​Doc/​rule/​2018-rulebook.pdf.
This report is made solely to the Board of Directors of
Niknab Limited
, as a body. My work has been undertaken solely to prepare for your approval the
financial statements
of
Niknab Limited
and state those matters that I have agreed to state to the Board of Directors of
Niknab Limited
, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Technical/​fact/​tf-163-jan-24.pdf. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than
Niknab Limited
and its Board of Directors, as a body, for my work or for this report.
It is your duty to ensure that
Niknab Limited
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and profit of
Niknab Limited
. You consider that
Niknab Limited
is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the financial statements of Niknab Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
BOHORUNS
Chartered Certified Accountants & Auditors
6 Howley Park Business Village
Pullan Way
Leeds
LS27 0BZ
United Kingdom
Niknab Limited
Statement of Financial Position
31 March 2025

|  | 2025 | 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 4 | 106,937 |  | 46,698 |
Current assets |  |  |  |  |
Debtors | 5 | 271,051 |  | 243,593 |
Cash at bank and in hand |  | 16,085 |  | 38,582 |
|  | 287,136 |  | 282,175 |
Creditors: amounts falling due within one year | 6 | (240,646 | ) | (195,548 | )
Net current assets |  | 46,490 |  | 86,627 |
Total assets less current liabilities |  | 153,427 |  | 133,325 |
Creditors: amounts falling due after more than one year | 7 | (74,104 | ) | (28,652 | )
Net assets |  | 79,323 |  | 104,673 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 40 |  | 40 |
Profit and loss account |  | 79,283 |  | 104,633 |
Shareholders funds |  | 79,323 |  | 104,673 |

For the year ending
31 March 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
13 November 2025
, and are signed on behalf of the board by:

A Mcnab
Director

Company registration number:
11636822
Niknab Limited
Notes to the Financial Statements
Year ended
31 March 2025

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Bowcliffe Hall
,
Bramham
,
Wetherby
,
LS23 6LP
, England.

## 2 Accounting policies

## Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.
Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

## Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

## 3 Average number of employees

The average number of persons employed by the company during the year was
4
(2024:
5.00
).

## 4 Tangible assets

| Plant and machinery etc.
--- | ---
| £
Cost |  |
At 1 April 2024 | 77,878 |
Additions | 114,194 |
Disposals | (67,785 | )
At 31 March 2025 | 124,287 |
Depreciation |  |
At 1 April 2024 | 31,180 |
Charge | 16,357 |
Disposals | (30,187 | )
At 31 March 2025 | 17,350 |
Carrying amount |  |
At 31 March 2025 | 106,937 |
At 31 March 2024 | 46,698 |

## 5 Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Trade debtors | 257,051 |  | 237,529 |
Amounts owed by group undertakings and undertakings in which the company has a participating interest | 14,000 |  | - |
Other debtors | - |  | 6,064 |
| 271,051 |  | 243,593 |

## 6 Creditors: amounts falling due within one year

| 2025 | 2024
--- | --- | ---
| £ | £
Trade creditors | 14,340 |  | 14,192 |
Taxation and social security | 148,672 |  | 153,970 |
Other creditors | 77,634 |  | 27,386 |
| 240,646 |  | 195,548 |

Other creditors include a hire purchase balance totalling £21,003, this is secured on the asset to which it relates.

## 7 Creditors: amounts falling due after more than one year

| 2025 | 2024
--- | --- | ---
| £ | £
Other creditors | 74,104 |  | 28,652 |

Other creditors include a hire purchase balance totalling £74,104, this is secured on the asset to which it relates.

## 8 Controlling party

The ultimate controlling party is Andymc Limited who owns 100% of Niknab Limited.