1 July 2024 false No description of principal activity Taxfiler 2024.6 10912884 business:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 10912884 2024-06-30 10912884 2024-07-01 2025-06-30 10912884 business:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 10912884 business:FilletedAccounts 2024-07-01 2025-06-30 10912884 2025-06-30 10912884 2024-06-30 10912884 core:WithinOneYear 2025-06-30 10912884 core:WithinOneYear 2024-06-30 10912884 core:AfterOneYear 2025-06-30 10912884 core:AfterOneYear 2024-06-30 10912884 core:ShareCapital core:PreviouslyStatedAmount 2025-06-30 10912884 core:ShareCapital core:PreviouslyStatedAmount 2024-06-30 10912884 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-06-30 10912884 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-06-30 10912884 core:PreviouslyStatedAmount 2025-06-30 10912884 core:PreviouslyStatedAmount 2024-06-30 10912884 business:SmallEntities 2024-07-01 2025-06-30 10912884 business:Director1 2024-07-01 2025-06-30 10912884 countries:EnglandWales 2024-07-01 2025-06-30 10912884 business:RegisteredOffice 2024-07-01 2025-06-30 10912884 core:LandBuildings 2024-07-01 2025-06-30 10912884 core:PlantMachinery 2024-07-01 2025-06-30 10912884 core:Goodwill 2024-06-30 10912884 core:Goodwill 2025-06-30 10912884 core:Goodwill 2024-07-01 2025-06-30 10912884 core:LandBuildings 2024-06-30 10912884 core:PlantMachinery 2024-06-30 10912884 core:LandBuildings 2025-06-30 10912884 core:PlantMachinery 2025-06-30 10912884 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure
NIRVANA SQUARED LIMITED Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
10,500
12,600
Tangible assets
5
20,996
26,370
31,496
38,970
Current assets
Inventories
-
4,428
Debtors
6
803
1,000
Cash at bank and in hand
260
6,388
1,063
11,816
Creditors: amounts falling due within one year
7
(132,252)
(124,163)
Net current liabilities
(131,189)
(112,347)
Total assets less current liabilities
(99,693)
(73,377)
Creditors: amounts falling due after more than one year
8
(24,995)
(29,559)
Provisions for liabilities
Deferred tax
(3,077)
(3,898)
Net liabilities
(127,765)
(106,834)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(127,865)
(106,934)
Shareholders' funds
(127,765)
(106,834)
For the year ending 30 June 2025 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 her 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 3 January 2026 and were signed on its behalf by
D Ghai Director Company Registration No. 10912884
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NIRVANA SQUARED LIMITED Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
NIRVANA SQUARED LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10912884. The registered office is 199 MARSH ROAD, PINNER, HA5 5NE, 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:
Land & buildings
10% per annum reducing balance
Plant & machinery
10% and 25% on Cost
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 July 2024
21,000
At 30 June 2025
21,000
Amortisation
At 1 July 2024
8,400
Charge for the year
2,100
At 30 June 2025
10,500
Net book value
At 30 June 2025
10,500
At 30 June 2024
12,600
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NIRVANA SQUARED LIMITED Notes to the Accounts for the year ended 30 June 2025
5
Tangible fixed assets
Land & buildings
Plant & machinery
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 July 2024
17,257
43,452
60,709
At 30 June 2025
17,257
43,452
60,709
Depreciation
At 1 July 2024
3,451
30,888
34,339
Charge for the year
1,725
3,649
5,374
At 30 June 2025
5,176
34,537
39,713
Net book value
At 30 June 2025
12,081
8,915
20,996
At 30 June 2024
13,806
12,564
26,370
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
803
1,000
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
5,000
5,000
Trade creditors
-
14,529
Taxes and social security
2,294
9,193
Loans from directors
120,958
93,441
Accruals
4,000
2,000
132,252
124,163
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
24,995
29,559
9
Average number of employees
During the year the average number of employees was 3 (2024: 4).
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