Company Registration No. 12026134 (England and Wales)
Nisa Stores Ltd
Unaudited accounts
for the year ended 31 May 2025
Nisa Stores Ltd
Unaudited accounts
Contents
Nisa Stores Ltd
Company Information
for the year ended 31 May 2025
Directors
Shabina Kauser Ali
Mahboob Hussain
Company Number
12026134 (England and Wales)
Registered Office
Clearcut Accounting
Parkway Five
Parkway Business Centre, Princess Road
Manchester
Lancashire
M14 7HR
England
Accountants
CLEARCUT ACCOUNTING LIMITED
SUITE 2 PARKWAY 5 PARKWAY BUSINESS CENT
300 PRINCESS ROAD
MANCHESTER
M14 7HR
Nisa Stores Ltd
Statement of financial position
as at 31 May 2025
Intangible assets
36,000
40,000
Tangible assets
265,663
286,974
Cash at bank and in hand
72,574
139,813
Creditors: amounts falling due within one year
(361,882)
(415,304)
Net current liabilities
(68,300)
(180,991)
Total assets less current liabilities
233,363
145,983
Creditors: amounts falling due after more than one year
(96,223)
(66,290)
Called up share capital
2
2
Profit and loss account
137,138
79,691
Shareholders' funds
137,140
79,693
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 18 May 2026 and were signed on its behalf by
Mahboob Hussain
Director
Company Registration No. 12026134
Nisa Stores Ltd
Notes to the Accounts
for the year ended 31 May 2025
Nisa Stores Ltd is a private company, limited by shares, registered in England and Wales, registration number 12026134. The registered office is Clearcut Accounting, Parkway Five, Parkway Business Centre, Princess Road, Manchester, Lancashire, M14 7HR, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
20% RB
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a reducing balance basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Nisa Stores Ltd
Notes to the Accounts
for the year ended 31 May 2025
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2024
180,000
58,600
139,913
378,513
At 31 May 2025
180,000
58,600
139,913
378,513
At 1 June 2024
-
12,876
78,663
91,539
Charge for the year
-
9,061
12,250
21,311
At 31 May 2025
-
21,937
90,913
112,850
At 31 May 2025
180,000
36,663
49,000
265,663
At 31 May 2024
180,000
45,724
61,250
286,974
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
87,737
187,338
Taxes and social security
28,994
5,841
Other creditors
37,400
7,000
Loans from directors
199,036
215,901
Nisa Stores Ltd
Notes to the Accounts
for the year ended 31 May 2025
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
40,857
48,948
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Average number of employees
During the year the average number of employees was 11 (2024: 10).