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Registered number: 01761975
Nikko Electronics Ltd
UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
Prepared By:
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU
Nikko Electronics Ltd
ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
DIRECTORS
H I Dalbani
SECRETARY
I I Dalbani
REGISTERED OFFICE
358 Kingston Road
Ewell Epsom
Surrey
KT19 0DT
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 01761975
ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU
Nikko Electronics Ltd
ACCOUNTS
FOR THEYEARENDED28 FEBRUARY 2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Nikko Electronics Ltd
BALANCE SHEET AT 28 February 2025
20252024
Notes££
FIXED ASSETS
Tangible assets34,5533,886
CURRENT ASSETS
Stock415,57512,050
Debtors525,72036,105
Cash at bank and in hand11,05224,402
52,34772,557
CREDITORS: Amounts falling due within one year611,57920,762
NET CURRENT ASSETS40,76851,795
TOTAL ASSETS LESS CURRENT LIABILITIES45,32155,681
CAPITAL AND RESERVES
Called up share capital71,0001,000
Profit and loss account44,32154,681
SHAREHOLDERS' FUNDS45,32155,681
For the year ending 28 February 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 28 November 2025 and signed on their behalf by
.............................
H I Dalbani
Director
Nikko Electronics Ltd
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsreducing balance 15%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Statutory Information
Nikko Electronics Ltd is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 01761975 and registered office address is 358 Kingston Road, Ewell Epsom, Surrey, KT19 0DT.
1f. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments.
Nikko Electronics Ltd
2. EMPLOYEES
20252024
No.No.
Average number of employees33
3. TANGIBLE FIXED ASSETS
Long LeaseholdFixtures
Propertiesand FittingsTotal
£££
Cost
At 29 February 20243,6007,43911,039
Additions-1,2991,299
At 28 February 20253,6008,73812,338
Depreciation
At 29 February 20243,6003,5537,153
For the year-632632
At 28 February 20253,6004,1857,785
Net Book Amounts
At 28 February 2025-4,5534,553
At 28 February 2024-3,8863,886
4. STOCK 20252024
££
Stock comprises:
Stock15,57512,050
15,57512,050
5. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors16,79327,927
Other debtors5,4378,178
Directors current account3,490-
25,72036,105
Nikko Electronics Ltd
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
Taxation and social security412601
Salaries and wages control27789
Directors current account-6,360
Trade creditors3,7082,724
Other creditors1,962192
Accruals & Deferred Income5,22010,796
11,57920,762
7. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
1,000 Ordinary shares of £1.00 each1,0001,000
1,0001,000
8. OTHER FINANCIAL COMMITMENTS
At 28 February 2025 the company was committed to making the following payments under non-cancellable operating leases:
20252024
££
Operating Leases which expire:
Within one year-12,000
9. RELATED PARTY TRANSACTIONS
At the balance sheet date, the director of the company, had advances of loans of £3,490, (Last year £Nil). The maximum amount owing during the year was £3,490. No interest was charged on this loan.