NICE POINT LIMITED

NICE POINT LIMITED
Contents Page
For the year ended 28 February 2026

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

NICE POINT LIMITED Accountants' Report For the year ended 28 February 2026
Accountant’s report You consider that the company is exempt from an audit for the year ended 28 February 2026 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. CounTax Accounting and Tax Services 28 February 2026 .................................................... CounTax Accounting and Tax Services 1 Airyhall Terrace Aberdeen Aberdeen city AB15 7QN 01 July 2026 1

NICE POINT LIMITED
Accountants' Report
For the year ended 28 February 2026

Accountant’s report
You consider that the company is exempt from an audit for the year ended 28 February 2026 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
CounTax Accounting and Tax Services
28 February 2026

....................................................
CounTax Accounting and Tax Services
1 Airyhall Terrace
Aberdeen
Aberdeen city
AB15 7QN
01 July 2026

1

NICE POINT LIMITED
Statement of Financial Position
As at 28 February 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	1,149,288	1,149,288
		1,149,288	1,149,288
Current assets
Stocks		2,814,799	1,761,875
Debtors		347,113	348,765
Cash at bank and in hand		4,918	13,467
		3,166,830	2,124,107
Creditors: amount falling due within one year		(1,078,254)	(57,390)
Net current assets		2,088,576	2,066,717

Total assets less current liabilities		3,237,864	3,216,005
Creditors: amount falling due after more than one year		(3,111,982)	(3,111,982)
Net assets		125,882	104,023

Capital and reserves
Called up share capital		120	120
Share Premium Account		229,980	229,980
Profit and loss account		(104,218)	(126,077)
Shareholders' funds		125,882	104,023

For the year ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 01 July 2026 and were signed by:

-------------------------------
Yin Jye CHOI
Director

2

NICE POINT LIMITED
Notes to the Abridged Financial Statements
For the year ended 28 February 2026

General Information

NICE POINT LIMITED is a private company, limited by shares, registered in Scotland, registration number SC621070, registration address 703 GREAT NORTHERN ROAD, Aberdeen, SCOTLAND, AB24 2DU.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 0 (2025 : 0).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Investment properties	Total
	£	£	£	£
At 01 March 2025	944,402	1,266	204,000	1,149,668
Additions	-	-	-	-
Disposals	-	-	-	-
At 28 February 2026	944,402	1,266	204,000	1,149,668
Depreciation
At 01 March 2025	-	380	-	380
Charge for year	-	-	-	-
On disposals	-	-	-	-
At 28 February 2026	-	380	-	380
Net book values
Closing balance as at 28 February 2026	944,402	886	204,000	1,149,288
Opening balance as at 01 March 2025	944,402	886	204,000	1,149,288

The net book value of Land and Buildings, Plant and Machinery includes £ 945,288 (2025 £945,288) in respect of assets leased under finance leases or hire purchase contracts.

3

Registered Number: SC621070
Scotland
NICE POINT LIMITED

Abridged Accounts

Period of accounts Start date: 01 March 2025 End date: 28 February 2026