REGISTERED NUMBER: 11839169 (England and Wales)

Financial Statements for the Year Ended 28 February 2025

for

Nice Thinking Strategy Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P I Warwick

Mrs K E Warwick

REGISTERED OFFICE:

1c Amberside Wood Lane

Hemel Hempstead

Hertfordshire

HP2 4TP

REGISTERED NUMBER:

11839169 (England and Wales)

ACCOUNTANTS:

Farrell & Co

1C Amberside

Wood Lane

Hemel Hempstead

Hertfordshire

HP2 4TP

FIXED ASSETS

Tangible assets

4

3,628

4,152

CURRENT ASSETS

Debtors

5

51,771

30,382

Cash at bank

12,854

35,954

64,625

66,336

CREDITORS

Amounts falling due within one year

6

30,115

29,349

NET CURRENT ASSETS

34,510

36,987

TOTAL ASSETS LESS CURRENT LIABILITIES

38,138

41,139

PROVISIONS FOR LIABILITIES

832

951

NET ASSETS

37,306

40,188

CAPITAL AND RESERVES

Called up share capital

7

3

3

Retained earnings

8

37,303

40,185

SHAREHOLDERS' FUNDS

37,306

40,188

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 20 November 2025 and were signed on its behalf by:

Mr P I Warwick - Director

1.	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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 March 2024

916

8,426

9,342

Additions

685

-

685

At 28 February 2025

1,601

8,426

10,027

DEPRECIATION

At 1 March 2024

492

4,698

5,190

Charge for year

277

932

1,209

At 28 February 2025

769

5,630

6,399

NET BOOK VALUE

At 28 February 2025

832

2,796

3,628

At 29 February 2024

424

3,728

4,152

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

37,277

11,438

Other debtors

14,494

18,944

51,771

30,382

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade creditors

-

150

Taxation and social security

26,499

26,883

Other creditors

3,616

2,316

30,115

29,349

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

29.2.24

value:

£

£

1

Ordinary

£1

1

1

1

A Ordinary

£1

1

1

1

B Ordinary

£1

1

1

3

3

8.

RESERVES

Retained

earnings

£

At 1 March 2024

40,185

Profit for the year

75,118

Dividends

(78,000

)

At 28 February 2025

37,303