Nimbus Ninety Ltd - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 06803745 (England and Wales)

Unaudited Financial Statements

For The Year Ended 30 June 2022

for

NIMBUS NINETY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs E V Morgan

R H Taylor

R M Morgan

SECRETARY:

LBCO Secretaries Limited

REGISTERED OFFICE:

16 Northfields Prospect Business Centre

Putney Bridge Road

London

SW18 1PE

REGISTERED NUMBER:

06803745 (England and Wales)

ACCOUNTANTS:

LBCo Ltd

T/A Lees-Buckley & Co

16 Northfields Prospect

Putney Bridge Road

London

SW18 1PE

CURRENT ASSETS

Debtors

5

55,817

22,316

Cash at bank

229,250

343,652

285,067

365,968

CREDITORS

Amounts falling due within one year

6

200,831

236,622

NET CURRENT ASSETS

84,236

129,346

TOTAL ASSETS LESS CURRENT LIABILITIES

84,236

129,346

CAPITAL AND RESERVES

Called up share capital

7

165

165

Retained earnings

8

84,071

129,181

SHAREHOLDERS' FUNDS

84,236

129,346

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2023 and were signed on its behalf by:

R M Morgan - Director

1.	STATUTORY INFORMATION

Nimbus Ninety Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of value added tax.

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation.

Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value over their expected useful lives on the following basis:

Furniture and equipment - 25% straight line basis

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2021 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Furniture

and

equipment

£

COST

At 1 July 2021

and 30 June 2022

19,568

DEPRECIATION

At 1 July 2021

and 30 June 2022

19,568

NET BOOK VALUE

At 30 June 2022

-

At 30 June 2021

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.22

30.6.21

£

£

Trade debtors

48,610

18,187

Rent deposit and other debtors

2,250

427

Amaze Venues Ltd

4,957

3,702

55,817

22,316

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.22

30.6.21

£

£

Corporation tax

12,730

38,378

Value added tax

32,811

33,055

Other tax and social security

10,595

12,268

Amex card

5,045

1,088

Directors' joint account E & R Morgan

1,584

1,593

Director's current account R Taylor

-

237

Accruals and deferred income

138,066

150,003

200,831

236,622

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.22

30.6.21

value:

£

£

132

A Ordinary

£1

132

132

33

B Ordinary

£1

33

33

165

165

8.

RESERVES

Retained

earnings

£

At 1 July 2021

129,181

Profit for the year

54,890

Dividends

(100,000

)

At 30 June 2022

84,071

9.	RELATED PARTY DISCLOSURES

Included in Debtors is a loan to Amaze Venues Ltd of £4,957 (2021 £3,702) a company of which Mrs E V Morgan and Mr R Morgan are directors and own 100% of the issued share capital.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs E V Morgan by virtue of her ownership of 80% of the issued ordinary share capital in the company.