ACCOUNTS - Final Accounts

Analysis of the maturity of loans is given below:

NICE JOB RIGGING LIMITED - Company Information

Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-312true2022-06-01falseThe principal activity of the company continued to be that of the supply of rigging services to the media industry.2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08054467 2022-06-01 2023-05-31 08054467 2021-06-01 2022-05-31 08054467 2023-05-31 08054467 2022-05-31 08054467 c:Director2 2022-06-01 2023-05-31 08054467 d:OfficeEquipment 2022-06-01 2023-05-31 08054467 d:OfficeEquipment 2023-05-31 08054467 d:OfficeEquipment 2022-05-31 08054467 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 08054467 d:CurrentFinancialInstruments 2023-05-31 08054467 d:CurrentFinancialInstruments 2022-05-31 08054467 d:Non-currentFinancialInstruments 2023-05-31 08054467 d:Non-currentFinancialInstruments 2022-05-31 08054467 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 08054467 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 08054467 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 08054467 d:Non-currentFinancialInstruments d:AfterOneYear 2022-05-31 08054467 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-05-31 08054467 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-05-31 08054467 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-05-31 08054467 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2022-05-31 08054467 d:ShareCapital 2023-05-31 08054467 d:ShareCapital 2022-05-31 08054467 d:RetainedEarningsAccumulatedLosses 2023-05-31 08054467 d:RetainedEarningsAccumulatedLosses 2022-05-31 08054467 c:OrdinaryShareClass1 2022-06-01 2023-05-31 08054467 c:OrdinaryShareClass1 2023-05-31 08054467 c:FRS102 2022-06-01 2023-05-31 08054467 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 08054467 c:FullAccounts 2022-06-01 2023-05-31 08054467 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08054467

NICE JOB RIGGING LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023


NICE JOB RIGGING LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 6


NICE JOB RIGGING LIMITED REGISTERED NUMBER:08054467

STATEMENT OF FINANCIAL POSITION

AS AT 31 MAY 2023

		2023		2022
Note		£		£

Fixed assets
Tangible assets	4		606		808
Current assets
Debtors: amounts falling due within one year	5	43,665		46,205
Cash at bank and in hand		1,833		1,542
		45,498		47,747
Creditors: amounts falling due within one year	6	(30,980)		(31,792)
Net current assets			14,518		15,955
Total assets less current liabilities			15,124		16,763
Creditors: amounts falling due after more than one year	7		(14,347)		(16,738)

Net assets			777		25

Capital and reserves
Called up share capital	9	2	2
Profit and loss account		775	23
		777	25

Page 1


NICE JOB RIGGING LIMITED REGISTERED NUMBER:08054467

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MAY 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

B Brown

Director

Date: 17 December 2023

The notes on pages 3 to 6 form part of these financial statements.

Page 2


NICE JOB RIGGING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

1.	General information

Nice Job Rigging Limited is a limited liability company incorporated in England and Wales with its registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.

The principal activity of the company continued to be that of the supply of rigging services to the media industry.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax and trade discounts.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided on the following basis:

Office equipment

25%

reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.

2.4

Debtors

Short term debtors are measured at transaction price, less any impairment.

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

2.6

Creditors

Short term creditors are measured at the transaction price.

Page 3


NICE JOB RIGGING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)

2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting

2.8

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.9

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

4.	Tangible fixed assets

		Office equipment
		£
	Cost or valuation
	At 1 June 2022	4,699
	At 31 May 2023	4,699
	Depreciation
	At 1 June 2022	3,891
	Charge for the year on owned assets	202
	At 31 May 2023	4,093
	Net book value
	At 31 May 2023	606
	At 31 May 2022	808

Page 4


NICE JOB RIGGING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

Debtors

					2023	2022
					£	£


Trade debtors	2,631	8,442
Other debtors	41,034	37,717
Prepayments and accrued income	-	46
	43,665	46,205

Included within other debtors is a balance owed by the directors of £41,034 (2022 - £37,717).

6.	Creditors: Amounts falling due within one year
		2023	2022
		£	£

Bank loans	2,391	2,391
Trade creditors	9,384	11,092
Taxation and social security	17,135	15,999
Accruals and deferred income	2,070	2,310
	30,980	31,792

7.	Creditors: Amounts falling due after more than one year
		2023	2022
		£	£

	Bank loans	14,347	16,738

Page 5


NICE JOB RIGGING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

Amounts falling due within one year
Bank loans	2,391	2,391

Amounts falling due 2-5 years
Bank loans	9,564	9,564
Amounts falling due after more than 5 years
Bank loans	4,783	7,174
	16,738	19,129

9.	Share capital
		2023	2022
		£	£

Allotted, called up and fully paid

2 Ordinary shares of £1 each	2	2

Page 6