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Registered number: 11371368
Niyo Labs Ltd.
ABRIDGED Financial Statements
For The Year Ended 31 May 2025
GMBC LLP
Chartered Tax Advisers and Accountants
Marine House
151 Western Road
Haywards Heath
West Sussex
RH16 3LH
Niyo Labs Ltd.
Contents
Contents

| Page
--- | ---
Abridged Balance Sheet | 1—2
Notes to the Abridged Financial Statements | 3—4

Page 1
Niyo Labs Ltd.
Abridged Balance Sheet
As At 31 May 2025
Abridged Balance Sheet
Registered number: 11371368

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 9,290 |  | 12,520
|  |  | 9,290 |  | 12,520
CURRENT ASSETS
Debtors |  | 38,223 |  | 62,543 |
Investments |  | 8,030 |  | 8,030 |
Cash at bank and in hand |  | 36,578 |  | 371,044 |
|  | 82,831 |  | 441,617 |
Creditors: Amounts Falling Due Within One Year |  | (157,001 ) |  | (203,080 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (74,170 ) |  | 238,537
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (64,880 ) |  | 251,057
Creditors: Amounts Falling Due After More Than One Year |  |  | (205,000 ) |  | (200,000 )
NET (LIABILITIES)/ASSETS |  |  | (269,880 ) |  | 51,057
CAPITAL AND RESERVES
Called up share capital | 5 |  | 100 |  | 100
Profit and Loss Account |  |  | (269,980 ) |  | 50,957
SHAREHOLDERS' FUNDS |  |  | (269,880) |  | 51,057

Page 1
Page 2
Niyo Labs Ltd.
Abridged Balance Sheet (continued)
As At 31 May 2025
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 May 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board

Ms Oyinkansola Adebayo Director
30 April 2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Niyo Labs Ltd.
Notes to the Abridged Financial Statements
For The Year Ended 31 May 2025
Notes to the Abridged Financial Statements
1. General Information
Niyo Labs Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 11371368 . The registered office is Ug05 Zellig Building, Gibb Street, Birmingham, B9 4AT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings | 20% reducing balance
Computer Equipment | 33% reducing balance

3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 12)
6 12
4. Tangible Assets

| Total
--- | ---
| £
Cost
As at 1 June 2024 | 39,397
Additions | 597
As at 31 May 2025 | 39,994
Depreciation
As at 1 June 2024 | 26,877
Provided during the period | 3,827
As at 31 May 2025 | 30,704
Net Book Value
As at 31 May 2025 | 9,290
As at 1 June 2024 | 12,520

Page 3
Page 4
Niyo Labs Ltd.
Notes to the Abridged Financial Statements (continued)
For The Year Ended 31 May 2025
5. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

6. Dividends

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
On equity shares:
Interim dividend paid | - |  | 35,500

Page 4