Acorah Software Products - Accounts Production 12.4.002 false Nicol Boilers Holdings Ltd. true 1 December 2020 30 November 2021 30 November 2021 SC114070 Mr J Nicol Mr W McGuinness Mrs Laura Lane Mrs A Nicol iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC114070 2020-11-30 SC114070 2021-11-30 SC114070 2020-12-01 2021-11-30 SC114070 frs-core:CurrentFinancialInstruments 2021-11-30 SC114070 frs-core:CurrentFinancialInstruments 2020-12-01 2021-11-30 SC114070 frs-core:Non-currentFinancialInstruments 2021-11-30 SC114070 frs-core:Non-currentFinancialInstruments 2020-12-01 2021-11-30 SC114070 frs-core:CurrentFinancialInstruments 2020-12-01 2021-11-30 SC114070 frs-core:CurrentFinancialInstruments 2021-11-30 SC114070 frs-core:AfterOneYear 2020-12-01 2021-11-30 SC114070 frs-core:BetweenOneFiveYears 2020-12-01 2021-11-30 SC114070 frs-core:BetweenOneFiveYears 2021-11-30 SC114070 frs-core:ComputerEquipment 2021-11-30 SC114070 frs-core:ComputerEquipment 2020-12-01 2021-11-30 SC114070 frs-core:ComputerEquipment 2020-11-30 SC114070 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2021-11-30 SC114070 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2020-12-01 2021-11-30 SC114070 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2020-11-30 SC114070 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2021-11-30 SC114070 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2020-12-01 2021-11-30 SC114070 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2020-11-30 SC114070 frs-core:FurnitureFittings 2021-11-30 SC114070 frs-core:FurnitureFittings 2020-12-01 2021-11-30 SC114070 frs-core:FurnitureFittings 2020-11-30 SC114070 frs-core:NetGoodwill 2021-11-30 SC114070 frs-core:NetGoodwill 2020-12-01 2021-11-30 SC114070 frs-core:NetGoodwill 2020-11-30 SC114070 frs-core:InvestmentPropertyIncludedWithinPPE 2021-11-30 SC114070 frs-core:InvestmentPropertyIncludedWithinPPE 2020-12-01 2021-11-30 SC114070 frs-core:InvestmentPropertyIncludedWithinPPE 2020-11-30 SC114070 frs-core:LandBuildings 2021-11-30 SC114070 frs-core:LandBuildings 2020-12-01 2021-11-30 SC114070 frs-core:LandBuildings 2020-11-30 SC114070 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2021-11-30 SC114070 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2020-12-01 2021-11-30 SC114070 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2020-11-30 SC114070 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2021-11-30 SC114070 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2020-12-01 2021-11-30 SC114070 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2020-11-30 SC114070 frs-core:MoreThanFiveYears 2020-12-01 2021-11-30 SC114070 frs-core:MoreThanFiveYears 2021-11-30 SC114070 frs-core:MotorVehicles 2021-11-30 SC114070 frs-core:MotorVehicles 2020-12-01 2021-11-30 SC114070 frs-core:MotorVehicles 2020-11-30 SC114070 frs-core:OtherResidualIntangibleAssets 2021-11-30 SC114070 frs-core:OtherResidualIntangibleAssets 2020-12-01 2021-11-30 SC114070 frs-core:OtherResidualIntangibleAssets 2020-11-30 SC114070 frs-core:PlantMachinery 2021-11-30 SC114070 frs-core:PlantMachinery 2020-12-01 2021-11-30 SC114070 frs-core:PlantMachinery 2020-11-30 SC114070 frs-core:Secured 2021-11-30 SC114070 frs-core:Unsecured 2021-11-30 SC114070 frs-core:WithinOneYear 2020-12-01 2021-11-30 SC114070 frs-core:WithinOneYear 2021-11-30 SC114070 frs-core:CapitalRedemptionReserve 2020-12-01 2021-11-30 SC114070 frs-core:CapitalRedemptionReserve 2020-11-30 SC114070 frs-core:CapitalRedemptionReserve 2021-11-30 SC114070 frs-core:OtherReservesSubtotal 2020-12-01 2021-11-30 SC114070 frs-core:OtherReservesSubtotal 2020-11-30 SC114070 frs-core:OtherReservesSubtotal 2021-11-30 SC114070 frs-core:RevaluationReserve 2020-12-01 2021-11-30 SC114070 frs-core:RevaluationReserve 2020-11-30 SC114070 frs-core:RevaluationReserve 2021-11-30 SC114070 frs-core:SharePremium 2020-12-01 2021-11-30 SC114070 frs-core:SharePremium 2020-11-30 SC114070 frs-core:SharePremium 2021-11-30 SC114070 frs-core:ShareCapital 2020-12-01 2021-11-30 SC114070 frs-core:ShareCapital 2020-11-30 SC114070 frs-core:ShareCapital 2021-11-30 SC114070 frs-core:RetainedEarningsAccumulatedLosses 2020-12-01 2021-11-30 SC114070 frs-core:RetainedEarningsAccumulatedLosses 2020-11-30 SC114070 frs-core:RetainedEarningsAccumulatedLosses 2021-11-30 SC114070 frs-core:RetainedEarningsAccumulatedLosses frs-core:RestatedAmount 2020-11-30 SC114070 frs-core:RetainedEarningsAccumulatedLosses frs-core:RestatedAmount 2021-11-30 SC114070 frs-core:RetainedEarningsAccumulatedLosses frs-core:PriorPeriodErrorIncreaseDecrease 2020-11-30 SC114070 frs-countries:UnitedKingdom 2020-12-01 2021-11-30 SC114070 frs-countries:Europe 2020-12-01 2021-11-30 SC114070 frs-countries:NorthAmerica 2020-12-01 2021-11-30 SC114070 frs-countries:SouthAmerica 2020-12-01 2021-11-30 SC114070 frs-countries:Asia 2020-12-01 2021-11-30 SC114070 frs-countries:RestWorldOutsideUK 2020-12-01 2021-11-30 SC114070 frs-bus:HighestPaidDirector 2020-12-01 2021-11-30 SC114070 frs-bus:PrivateLimitedCompanyLtd 2020-12-01 2021-11-30 SC114070 frs-bus:CompanyLimitedByGuarantee 2020-12-01 2021-11-30 SC114070 frs-bus:LimitedLiabilityPartnershipLLP 2020-12-01 2021-11-30 SC114070 frs-bus:LimitedLiabilityPartnershipsSORP 2020-12-01 2021-11-30 SC114070 frs-bus:FullAccounts 2020-12-01 2021-11-30 SC114070 frs-bus:AbbreviatedAccounts 2020-12-01 2021-11-30 SC114070 frs-bus:AbridgedAccounts 2020-12-01 2021-11-30 SC114070 frs-bus:FRS102 2020-12-01 2021-11-30 SC114070 frs-bus:EntityHasNeverTraded 2020-12-01 2021-11-30 SC114070 frs-bus:EntityNoLongerTradingButTradedInPast 2020-12-01 2021-11-30 SC114070 frs-bus:Audited 2020-12-01 2021-11-30 SC114070 frs-bus:AuditExempt-NoAccountantsReport 2020-12-01 2021-11-30 SC114070 frs-bus:AuditExemptWithAccountantsReport 2020-12-01 2021-11-30 SC114070 frs-bus:SmallCompaniesRegimeForAccounts 2020-12-01 2021-11-30 SC114070 frs-bus:OrdinaryShareClass1 2020-12-01 2021-11-30 SC114070 frs-bus:OrdinaryShareClass1 2020-11-30 SC114070 frs-bus:OrdinaryShareClass1 2021-11-30 SC114070 frs-bus:OrdinaryShareClass2 2020-12-01 2021-11-30 SC114070 frs-bus:OrdinaryShareClass2 2020-11-30 SC114070 frs-bus:OrdinaryShareClass2 2021-11-30 SC114070 frs-bus:OrdinaryShareClass3 2020-12-01 2021-11-30 SC114070 frs-bus:OrdinaryShareClass3 2020-11-30 SC114070 frs-bus:OrdinaryShareClass3 2021-11-30 SC114070 frs-bus:OrdinaryShareClass4 2020-12-01 2021-11-30 SC114070 frs-bus:OrdinaryShareClass4 2020-11-30 SC114070 frs-bus:OrdinaryShareClass4 2021-11-30 SC114070 frs-bus:OrdinaryShareClass5 2020-12-01 2021-11-30 SC114070 frs-bus:OrdinaryShareClass5 2020-11-30 SC114070 frs-bus:OrdinaryShareClass5 2021-11-30 SC114070 frs-bus:PreferenceShareClass1 2020-12-01 2021-11-30 SC114070 frs-bus:PreferenceShareClass1 2020-11-30 SC114070 frs-bus:PreferenceShareClass1 2021-11-30 SC114070 frs-bus:PreferenceShareClass2 2020-12-01 2021-11-30 SC114070 frs-bus:PreferenceShareClass2 2020-11-30 SC114070 frs-bus:PreferenceShareClass2 2021-11-30 SC114070 frs-bus:PreferenceShareClass3 2020-12-01 2021-11-30 SC114070 frs-bus:PreferenceShareClass3 2020-11-30 SC114070 frs-bus:PreferenceShareClass3 2021-11-30 SC114070 frs-bus:PreferenceShareClass4 2020-12-01 2021-11-30 SC114070 frs-bus:PreferenceShareClass4 2020-11-30 SC114070 frs-bus:PreferenceShareClass4 2021-11-30 SC114070 frs-bus:PreferenceShareClass5 2020-12-01 2021-11-30 SC114070 frs-bus:PreferenceShareClass5 2020-11-30 SC114070 frs-bus:PreferenceShareClass5 2021-11-30 SC114070 1 2020-12-01 2021-11-30 SC114070 frs-core:LeasedAssets 2020-12-01 2021-11-30 SC114070 frs-core:OwnedAssets 2020-12-01 2021-11-30 SC114070 frs-core:CurrencyRisk 2020-12-01 2021-11-30 SC114070 frs-core:MarketRisk 2020-12-01 2021-11-30 SC114070 frs-core:InterestRateRisk 2020-12-01 2021-11-30 SC114070 frs-core:DeferredTaxation 2020-12-01 2021-11-30 SC114070 frs-core:DeferredTaxation 2020-11-30 SC114070 frs-core:DeferredTaxation 2021-11-30 SC114070 frs-core:OtherProvisionsContingentLiabilities 2020-12-01 2021-11-30 SC114070 frs-core:OtherProvisionsContingentLiabilities 2020-11-30 SC114070 frs-core:OtherProvisionsContingentLiabilities 2021-11-30 SC114070 frs-core:ProvisionsDeferredTax 2021-11-30 SC114070 frs-core:OtherDeferredTax 2021-11-30 SC114070 frs-core:AcceleratedTaxDepreciationDeferredTax 2021-11-30 SC114070 frs-core:TaxLossesCarry-forwardsDeferredTax 2021-11-30 SC114070 frs-core:FurtherSpecificItem2DeferredTaxComponentTotalForDeferredTax 2021-11-30 SC114070 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2020-12-01 2021-11-30 SC114070 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2020-11-30 SC114070 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2021-11-30 SC114070 dpl-frs:CostSales 2020-12-01 2021-11-30 SC114070 dpl-frs:CostSales 2020-11-30 SC114070 dpl-frs:CostSales 2021-11-30 SC114070 dpl-frs:DistributionCosts 2020-12-01 2021-11-30 SC114070 dpl-frs:AdministrativeExpenses 2020-12-01 2021-11-30 SC114070 frs-bus:Director1 2020-12-01 2021-11-30 SC114070 frs-bus:Director1 2020-11-30 SC114070 frs-bus:Director1 2021-11-30 SC114070 frs-bus:Director2 2020-12-01 2021-11-30 SC114070 frs-bus:Director2 2020-11-30 SC114070 frs-bus:Director2 2021-11-30 SC114070 frs-bus:Director3 2020-12-01 2021-11-30 SC114070 frs-bus:Director3 2020-11-30 SC114070 frs-bus:Director3 2021-11-30 SC114070 frs-bus:Director4 2020-12-01 2021-11-30 SC114070 frs-bus:Director4 2020-11-30 SC114070 frs-bus:Director4 2021-11-30 SC114070 1 2020-12-01 2021-11-30 SC114070 frs-core:CurrentFinancialInstruments 1 2021-11-30 SC114070 frs-core:Non-currentFinancialInstruments 1 2021-11-30 SC114070 2 2020-12-01 2021-11-30 SC114070 frs-core:CurrentFinancialInstruments 2 2021-11-30 SC114070 frs-core:Non-currentFinancialInstruments 2 2021-11-30 SC114070 3 2020-12-01 2021-11-30 SC114070 frs-core:CurrentFinancialInstruments 3 2021-11-30 SC114070 frs-core:Non-currentFinancialInstruments 3 2021-11-30 SC114070 4 2020-12-01 2021-11-30 SC114070 frs-core:CurrentFinancialInstruments 4 2021-11-30 SC114070 frs-core:Non-currentFinancialInstruments 4 2021-11-30 SC114070 5 2020-12-01 2021-11-30 SC114070 frs-core:CurrentFinancialInstruments 5 2021-11-30 SC114070 frs-core:Non-currentFinancialInstruments 5 2021-11-30 SC114070 6 2020-12-01 2021-11-30 SC114070 frs-core:CurrentFinancialInstruments 6 2021-11-30 SC114070 frs-core:Non-currentFinancialInstruments 6 2021-11-30 SC114070 7 2020-12-01 2021-11-30 SC114070 frs-core:CurrentFinancialInstruments 7 2021-11-30 SC114070 frs-core:Non-currentFinancialInstruments 7 2021-11-30 SC114070 8 2020-12-01 2021-11-30 SC114070 frs-core:CurrentFinancialInstruments 8 2021-11-30 SC114070 frs-core:Non-currentFinancialInstruments 8 2021-11-30 SC114070 9 2020-12-01 2021-11-30 SC114070 frs-core:CurrentFinancialInstruments 9 2021-11-30 SC114070 frs-core:Non-currentFinancialInstruments 9 2021-11-30 SC114070 dpl-frs:Item1 2020-12-01 2021-11-30 SC114070 dpl-frs:Item1 2020-11-30 SC114070 dpl-frs:Item1 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item1 2020-12-01 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item1 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item1 2021-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item1 2020-12-01 2021-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item1 2020-12-01 2021-11-30 SC114070 dpl-frs:Item2 2020-12-01 2021-11-30 SC114070 dpl-frs:Item2 2020-11-30 SC114070 dpl-frs:Item2 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item2 2020-12-01 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item2 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item2 2021-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item2 2020-12-01 2021-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item2 2020-12-01 2021-11-30 SC114070 dpl-frs:Item3 2020-12-01 2021-11-30 SC114070 dpl-frs:Item3 2020-11-30 SC114070 dpl-frs:Item3 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item3 2020-12-01 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item3 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item3 2021-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item3 2020-12-01 2021-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item3 2020-12-01 2021-11-30 SC114070 dpl-frs:Item4 2020-12-01 2021-11-30 SC114070 dpl-frs:Item4 2020-11-30 SC114070 dpl-frs:Item4 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item4 2020-12-01 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item4 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item4 2021-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item4 2020-12-01 2021-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item4 2020-12-01 2021-11-30 SC114070 dpl-frs:Item5 2020-12-01 2021-11-30 SC114070 dpl-frs:Item5 2020-11-30 SC114070 dpl-frs:Item5 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item5 2020-12-01 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item5 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item5 2021-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item5 2020-12-01 2021-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item5 2020-12-01 2021-11-30 SC114070 dpl-frs:Item6 2020-12-01 2021-11-30 SC114070 dpl-frs:Item6 2020-11-30 SC114070 dpl-frs:Item6 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item6 2020-12-01 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item6 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item6 2021-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item6 2020-12-01 2021-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item6 2020-12-01 2021-11-30 SC114070 dpl-frs:Item7 2020-12-01 2021-11-30 SC114070 dpl-frs:Item7 2020-11-30 SC114070 dpl-frs:Item7 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item7 2020-12-01 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item7 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item7 2021-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item7 2020-12-01 2021-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item7 2020-12-01 2021-11-30 SC114070 dpl-frs:Item8 2020-12-01 2021-11-30 SC114070 dpl-frs:Item8 2020-11-30 SC114070 dpl-frs:Item8 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item8 2020-12-01 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item8 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item8 2021-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item8 2020-12-01 2021-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item8 2020-12-01 2021-11-30 SC114070 dpl-frs:Item9 2020-12-01 2021-11-30 SC114070 dpl-frs:Item9 2020-11-30 SC114070 dpl-frs:Item9 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item9 2020-12-01 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item9 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item9 2021-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item9 2020-12-01 2021-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item9 2020-12-01 2021-11-30 SC114070 dpl-frs:Item10 2020-12-01 2021-11-30 SC114070 dpl-frs:Item10 2020-11-30 SC114070 dpl-frs:Item10 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item10 2020-12-01 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item10 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item10 2021-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item10 2020-12-01 2021-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item10 2020-12-01 2021-11-30 SC114070 dpl-frs:Item11 2020-12-01 2021-11-30 SC114070 dpl-frs:Item11 2020-11-30 SC114070 dpl-frs:Item11 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item11 2020-12-01 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item11 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item11 2021-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item11 2020-12-01 2021-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item11 2020-12-01 2021-11-30 SC114070 dpl-frs:Item12 2020-12-01 2021-11-30 SC114070 dpl-frs:Item12 2020-11-30 SC114070 dpl-frs:Item12 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item12 2020-12-01 2021-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item12 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item12 2021-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item12 2020-12-01 2021-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item12 2020-12-01 2021-11-30 SC114070 1 2020-12-01 2021-11-30 SC114070 frs-countries:Scotland 2020-12-01 2021-11-30 SC114070 2019-11-30 SC114070 2020-11-30 SC114070 2019-12-01 2020-11-30 SC114070 frs-core:CurrentFinancialInstruments 2020-11-30 SC114070 frs-core:CurrentFinancialInstruments 2019-12-01 2020-11-30 SC114070 frs-core:Non-currentFinancialInstruments 2020-11-30 SC114070 frs-core:Non-currentFinancialInstruments 2019-12-01 2020-11-30 SC114070 frs-core:CurrentFinancialInstruments 2019-12-01 2020-11-30 SC114070 frs-core:CurrentFinancialInstruments 2020-11-30 SC114070 frs-core:AfterOneYear 2019-12-01 2020-11-30 SC114070 frs-core:BetweenOneFiveYears 2019-12-01 2020-11-30 SC114070 frs-core:BetweenOneFiveYears 2020-11-30 SC114070 frs-core:ComputerEquipment 2020-11-30 SC114070 frs-core:ComputerEquipment 2019-12-01 2020-11-30 SC114070 frs-core:ComputerEquipment 2019-11-30 SC114070 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2020-11-30 SC114070 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2019-12-01 2020-11-30 SC114070 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2019-11-30 SC114070 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2020-11-30 SC114070 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2019-12-01 2020-11-30 SC114070 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2019-11-30 SC114070 frs-core:FurnitureFittings 2020-11-30 SC114070 frs-core:FurnitureFittings 2019-12-01 2020-11-30 SC114070 frs-core:FurnitureFittings 2019-11-30 SC114070 frs-core:NetGoodwill 2020-11-30 SC114070 frs-core:NetGoodwill 2019-12-01 2020-11-30 SC114070 frs-core:NetGoodwill 2019-11-30 SC114070 frs-core:InvestmentPropertyIncludedWithinPPE 2020-11-30 SC114070 frs-core:InvestmentPropertyIncludedWithinPPE 2019-12-01 2020-11-30 SC114070 frs-core:InvestmentPropertyIncludedWithinPPE 2019-11-30 SC114070 frs-core:LandBuildings 2020-11-30 SC114070 frs-core:LandBuildings 2019-12-01 2020-11-30 SC114070 frs-core:LandBuildings 2019-11-30 SC114070 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2020-11-30 SC114070 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2019-12-01 2020-11-30 SC114070 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2019-11-30 SC114070 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2020-11-30 SC114070 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2019-12-01 2020-11-30 SC114070 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2019-11-30 SC114070 frs-core:MoreThanFiveYears 2019-12-01 2020-11-30 SC114070 frs-core:MoreThanFiveYears 2020-11-30 SC114070 frs-core:MotorVehicles 2020-11-30 SC114070 frs-core:MotorVehicles 2019-12-01 2020-11-30 SC114070 frs-core:MotorVehicles 2019-11-30 SC114070 frs-core:OtherResidualIntangibleAssets 2020-11-30 SC114070 frs-core:OtherResidualIntangibleAssets 2019-12-01 2020-11-30 SC114070 frs-core:OtherResidualIntangibleAssets 2019-11-30 SC114070 frs-core:PlantMachinery 2020-11-30 SC114070 frs-core:PlantMachinery 2019-12-01 2020-11-30 SC114070 frs-core:PlantMachinery 2019-11-30 SC114070 frs-core:Secured 2020-11-30 SC114070 frs-core:Unsecured 2020-11-30 SC114070 frs-core:WithinOneYear 2019-12-01 2020-11-30 SC114070 frs-core:WithinOneYear 2020-11-30 SC114070 frs-core:CapitalRedemptionReserve 2019-12-01 2020-11-30 SC114070 frs-core:CapitalRedemptionReserve 2019-11-30 SC114070 frs-core:CapitalRedemptionReserve 2020-11-30 SC114070 frs-core:OtherReservesSubtotal 2019-12-01 2020-11-30 SC114070 frs-core:OtherReservesSubtotal 2019-11-30 SC114070 frs-core:OtherReservesSubtotal 2020-11-30 SC114070 frs-core:RevaluationReserve 2019-12-01 2020-11-30 SC114070 frs-core:RevaluationReserve 2019-11-30 SC114070 frs-core:RevaluationReserve 2020-11-30 SC114070 frs-core:SharePremium 2019-12-01 2020-11-30 SC114070 frs-core:SharePremium 2019-11-30 SC114070 frs-core:SharePremium 2020-11-30 SC114070 frs-core:ShareCapital 2019-12-01 2020-11-30 SC114070 frs-core:ShareCapital 2019-11-30 SC114070 frs-core:ShareCapital 2020-11-30 SC114070 frs-core:RetainedEarningsAccumulatedLosses 2019-12-01 2020-11-30 SC114070 frs-core:RetainedEarningsAccumulatedLosses 2019-11-30 SC114070 frs-core:RetainedEarningsAccumulatedLosses 2020-11-30 SC114070 frs-core:RetainedEarningsAccumulatedLosses frs-core:RestatedAmount 2019-11-30 SC114070 frs-core:RetainedEarningsAccumulatedLosses frs-core:RestatedAmount 2020-11-30 SC114070 frs-core:RetainedEarningsAccumulatedLosses frs-core:PriorPeriodErrorIncreaseDecrease 2019-11-30 SC114070 frs-countries:UnitedKingdom 2019-12-01 2020-11-30 SC114070 frs-countries:Europe 2019-12-01 2020-11-30 SC114070 frs-countries:NorthAmerica 2019-12-01 2020-11-30 SC114070 frs-countries:SouthAmerica 2019-12-01 2020-11-30 SC114070 frs-countries:Asia 2019-12-01 2020-11-30 SC114070 frs-countries:RestWorldOutsideUK 2019-12-01 2020-11-30 SC114070 frs-bus:HighestPaidDirector 2019-12-01 2020-11-30 SC114070 frs-bus:PrivateLimitedCompanyLtd 2019-12-01 2020-11-30 SC114070 frs-bus:CompanyLimitedByGuarantee 2019-12-01 2020-11-30 SC114070 frs-bus:LimitedLiabilityPartnershipLLP 2019-12-01 2020-11-30 SC114070 frs-bus:LimitedLiabilityPartnershipsSORP 2019-12-01 2020-11-30 SC114070 frs-bus:FullAccounts 2019-12-01 2020-11-30 SC114070 frs-bus:AbbreviatedAccounts 2019-12-01 2020-11-30 SC114070 frs-bus:AbridgedAccounts 2019-12-01 2020-11-30 SC114070 frs-bus:FRS102 2019-12-01 2020-11-30 SC114070 frs-bus:EntityHasNeverTraded 2019-12-01 2020-11-30 SC114070 frs-bus:EntityNoLongerTradingButTradedInPast 2019-12-01 2020-11-30 SC114070 frs-bus:Audited 2019-12-01 2020-11-30 SC114070 frs-bus:AuditExempt-NoAccountantsReport 2019-12-01 2020-11-30 SC114070 frs-bus:AuditExemptWithAccountantsReport 2019-12-01 2020-11-30 SC114070 frs-bus:SmallCompaniesRegimeForAccounts 2019-12-01 2020-11-30 SC114070 frs-bus:OrdinaryShareClass1 2019-12-01 2020-11-30 SC114070 frs-bus:OrdinaryShareClass1 2019-11-30 SC114070 frs-bus:OrdinaryShareClass1 2020-11-30 SC114070 frs-bus:OrdinaryShareClass2 2019-12-01 2020-11-30 SC114070 frs-bus:OrdinaryShareClass2 2019-11-30 SC114070 frs-bus:OrdinaryShareClass2 2020-11-30 SC114070 frs-bus:OrdinaryShareClass3 2019-12-01 2020-11-30 SC114070 frs-bus:OrdinaryShareClass3 2019-11-30 SC114070 frs-bus:OrdinaryShareClass3 2020-11-30 SC114070 frs-bus:OrdinaryShareClass4 2019-12-01 2020-11-30 SC114070 frs-bus:OrdinaryShareClass4 2019-11-30 SC114070 frs-bus:OrdinaryShareClass4 2020-11-30 SC114070 frs-bus:OrdinaryShareClass5 2019-12-01 2020-11-30 SC114070 frs-bus:OrdinaryShareClass5 2019-11-30 SC114070 frs-bus:OrdinaryShareClass5 2020-11-30 SC114070 frs-bus:PreferenceShareClass1 2019-12-01 2020-11-30 SC114070 frs-bus:PreferenceShareClass1 2019-11-30 SC114070 frs-bus:PreferenceShareClass1 2020-11-30 SC114070 frs-bus:PreferenceShareClass2 2019-12-01 2020-11-30 SC114070 frs-bus:PreferenceShareClass2 2019-11-30 SC114070 frs-bus:PreferenceShareClass2 2020-11-30 SC114070 frs-bus:PreferenceShareClass3 2019-12-01 2020-11-30 SC114070 frs-bus:PreferenceShareClass3 2019-11-30 SC114070 frs-bus:PreferenceShareClass3 2020-11-30 SC114070 frs-bus:PreferenceShareClass4 2019-12-01 2020-11-30 SC114070 frs-bus:PreferenceShareClass4 2019-11-30 SC114070 frs-bus:PreferenceShareClass4 2020-11-30 SC114070 frs-bus:PreferenceShareClass5 2019-12-01 2020-11-30 SC114070 frs-bus:PreferenceShareClass5 2019-11-30 SC114070 frs-bus:PreferenceShareClass5 2020-11-30 SC114070 1 2019-12-01 2020-11-30 SC114070 frs-core:LeasedAssets 2019-12-01 2020-11-30 SC114070 frs-core:OwnedAssets 2019-12-01 2020-11-30 SC114070 frs-core:CurrencyRisk 2019-12-01 2020-11-30 SC114070 frs-core:MarketRisk 2019-12-01 2020-11-30 SC114070 frs-core:InterestRateRisk 2019-12-01 2020-11-30 SC114070 frs-core:DeferredTaxation 2019-12-01 2020-11-30 SC114070 frs-core:DeferredTaxation 2019-11-30 SC114070 frs-core:DeferredTaxation 2020-11-30 SC114070 frs-core:OtherProvisionsContingentLiabilities 2019-12-01 2020-11-30 SC114070 frs-core:OtherProvisionsContingentLiabilities 2019-11-30 SC114070 frs-core:OtherProvisionsContingentLiabilities 2020-11-30 SC114070 frs-core:ProvisionsDeferredTax 2020-11-30 SC114070 frs-core:OtherDeferredTax 2020-11-30 SC114070 frs-core:AcceleratedTaxDepreciationDeferredTax 2020-11-30 SC114070 frs-core:TaxLossesCarry-forwardsDeferredTax 2020-11-30 SC114070 frs-core:FurtherSpecificItem2DeferredTaxComponentTotalForDeferredTax 2020-11-30 SC114070 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2019-12-01 2020-11-30 SC114070 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2019-11-30 SC114070 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2020-11-30 SC114070 dpl-frs:CostSales 2019-12-01 2020-11-30 SC114070 dpl-frs:CostSales 2019-11-30 SC114070 dpl-frs:CostSales 2020-11-30 SC114070 dpl-frs:DistributionCosts 2019-12-01 2020-11-30 SC114070 dpl-frs:AdministrativeExpenses 2019-12-01 2020-11-30 SC114070 frs-bus:Director1 2019-12-01 2020-11-30 SC114070 frs-bus:Director1 2019-11-30 SC114070 frs-bus:Director1 2020-11-30 SC114070 frs-bus:Director2 2019-12-01 2020-11-30 SC114070 frs-bus:Director2 2019-11-30 SC114070 frs-bus:Director2 2020-11-30 SC114070 frs-bus:Director3 2019-12-01 2020-11-30 SC114070 frs-bus:Director3 2019-11-30 SC114070 frs-bus:Director3 2020-11-30 SC114070 frs-bus:Director4 2019-12-01 2020-11-30 SC114070 frs-bus:Director4 2019-11-30 SC114070 frs-bus:Director4 2020-11-30 SC114070 1 2019-12-01 2020-11-30 SC114070 frs-core:CurrentFinancialInstruments 1 2020-11-30 SC114070 frs-core:Non-currentFinancialInstruments 1 2020-11-30 SC114070 2 2019-12-01 2020-11-30 SC114070 frs-core:CurrentFinancialInstruments 2 2020-11-30 SC114070 frs-core:Non-currentFinancialInstruments 2 2020-11-30 SC114070 3 2019-12-01 2020-11-30 SC114070 frs-core:CurrentFinancialInstruments 3 2020-11-30 SC114070 frs-core:Non-currentFinancialInstruments 3 2020-11-30 SC114070 4 2019-12-01 2020-11-30 SC114070 frs-core:CurrentFinancialInstruments 4 2020-11-30 SC114070 frs-core:Non-currentFinancialInstruments 4 2020-11-30 SC114070 5 2019-12-01 2020-11-30 SC114070 frs-core:CurrentFinancialInstruments 5 2020-11-30 SC114070 frs-core:Non-currentFinancialInstruments 5 2020-11-30 SC114070 6 2019-12-01 2020-11-30 SC114070 frs-core:CurrentFinancialInstruments 6 2020-11-30 SC114070 frs-core:Non-currentFinancialInstruments 6 2020-11-30 SC114070 7 2019-12-01 2020-11-30 SC114070 frs-core:CurrentFinancialInstruments 7 2020-11-30 SC114070 frs-core:Non-currentFinancialInstruments 7 2020-11-30 SC114070 8 2019-12-01 2020-11-30 SC114070 frs-core:CurrentFinancialInstruments 8 2020-11-30 SC114070 frs-core:Non-currentFinancialInstruments 8 2020-11-30 SC114070 9 2019-12-01 2020-11-30 SC114070 frs-core:CurrentFinancialInstruments 9 2020-11-30 SC114070 frs-core:Non-currentFinancialInstruments 9 2020-11-30 SC114070 dpl-frs:Item1 2019-12-01 2020-11-30 SC114070 dpl-frs:Item1 2019-11-30 SC114070 dpl-frs:Item1 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item1 2019-12-01 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item1 2019-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item1 2020-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item1 2019-12-01 2020-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item1 2019-12-01 2020-11-30 SC114070 dpl-frs:Item2 2019-12-01 2020-11-30 SC114070 dpl-frs:Item2 2019-11-30 SC114070 dpl-frs:Item2 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item2 2019-12-01 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item2 2019-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item2 2020-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item2 2019-12-01 2020-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item2 2019-12-01 2020-11-30 SC114070 dpl-frs:Item3 2019-12-01 2020-11-30 SC114070 dpl-frs:Item3 2019-11-30 SC114070 dpl-frs:Item3 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item3 2019-12-01 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item3 2019-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item3 2020-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item3 2019-12-01 2020-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item3 2019-12-01 2020-11-30 SC114070 dpl-frs:Item4 2019-12-01 2020-11-30 SC114070 dpl-frs:Item4 2019-11-30 SC114070 dpl-frs:Item4 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item4 2019-12-01 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item4 2019-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item4 2020-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item4 2019-12-01 2020-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item4 2019-12-01 2020-11-30 SC114070 dpl-frs:Item5 2019-12-01 2020-11-30 SC114070 dpl-frs:Item5 2019-11-30 SC114070 dpl-frs:Item5 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item5 2019-12-01 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item5 2019-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item5 2020-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item5 2019-12-01 2020-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item5 2019-12-01 2020-11-30 SC114070 dpl-frs:Item6 2019-12-01 2020-11-30 SC114070 dpl-frs:Item6 2019-11-30 SC114070 dpl-frs:Item6 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item6 2019-12-01 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item6 2019-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item6 2020-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item6 2019-12-01 2020-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item6 2019-12-01 2020-11-30 SC114070 dpl-frs:Item7 2019-12-01 2020-11-30 SC114070 dpl-frs:Item7 2019-11-30 SC114070 dpl-frs:Item7 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item7 2019-12-01 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item7 2019-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item7 2020-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item7 2019-12-01 2020-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item7 2019-12-01 2020-11-30 SC114070 dpl-frs:Item8 2019-12-01 2020-11-30 SC114070 dpl-frs:Item8 2019-11-30 SC114070 dpl-frs:Item8 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item8 2019-12-01 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item8 2019-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item8 2020-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item8 2019-12-01 2020-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item8 2019-12-01 2020-11-30 SC114070 dpl-frs:Item9 2019-12-01 2020-11-30 SC114070 dpl-frs:Item9 2019-11-30 SC114070 dpl-frs:Item9 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item9 2019-12-01 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item9 2019-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item9 2020-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item9 2019-12-01 2020-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item9 2019-12-01 2020-11-30 SC114070 dpl-frs:Item10 2019-12-01 2020-11-30 SC114070 dpl-frs:Item10 2019-11-30 SC114070 dpl-frs:Item10 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item10 2019-12-01 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item10 2019-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item10 2020-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item10 2019-12-01 2020-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item10 2019-12-01 2020-11-30 SC114070 dpl-frs:Item11 2019-12-01 2020-11-30 SC114070 dpl-frs:Item11 2019-11-30 SC114070 dpl-frs:Item11 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item11 2019-12-01 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item11 2019-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item11 2020-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item11 2019-12-01 2020-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item11 2019-12-01 2020-11-30 SC114070 dpl-frs:Item12 2019-12-01 2020-11-30 SC114070 dpl-frs:Item12 2019-11-30 SC114070 dpl-frs:Item12 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item12 2019-12-01 2020-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item12 2019-11-30 SC114070 dpl-frs:CostSales dpl-frs:Item12 2020-11-30 SC114070 dpl-frs:DistributionCosts dpl-frs:Item12 2019-12-01 2020-11-30 SC114070 dpl-frs:AdministrativeExpenses dpl-frs:Item12 2019-12-01 2020-11-30 SC114070 1 2019-12-01 2020-11-30 SC114070 frs-countries:Scotland 2019-12-01 2020-11-30
Registered number: SC114070
Nicol Boilers Limited
Unaudited Financial Statements
For The Year Ended 30 November 2021
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—8
Page 1
Balance Sheet
Registered number: SC114070
2021 2020
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,536,182 3,428,506
Investments 5 130,055 130,055
1,666,237 3,558,561
CURRENT ASSETS
Stocks 6 107,519 108,458
Debtors 7 734,198 652,887
Cash at bank and in hand 831,701 512,968
1,673,418 1,274,313
Creditors: Amounts Falling Due Within One Year 8 (571,381 ) (629,380 )
NET CURRENT ASSETS (LIABILITIES) 1,102,037 644,933
TOTAL ASSETS LESS CURRENT LIABILITIES 2,768,274 4,203,494
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (83,006 ) (78,412 )
NET ASSETS 2,685,268 4,125,082
CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Profit and Loss Account 2,684,268 4,124,082
SHAREHOLDERS' FUNDS 2,685,268 4,125,082
Page 1
Page 2
For the year ending 30 November 2021 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Laura Lane
Director
11/07/2022
The notes on pages 3 to 8 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% on Cost
Assets under construction 0%
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Boilers 0%
1.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
1.5. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
1.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Page 3
Page 4
1.7. Financial Instruments
The company only has basic financial instruments.

Short term debtors are measured at transaction price, less any impairment. Loans recievable are measured initialy at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of trasaction costs, and are measured subsequently at amortised cost ussing the effective interest method.
1.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
1.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
1.10. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 31 (2020: 37)
31 37
Page 4
Page 5
4. Tangible Assets
Land & Property
Freehold Investment Properties Plant & Machinery Motor Vehicles
£ £ £ £
Cost or Valuation
As at 1 December 2020 1,450,412 1,880,000 408,129 712,797
Additions 4,100 - 16,212 258,911
Disposals - (1,880,000 ) (181,767 ) (272,026 )
As at 30 November 2021 1,454,512 - 242,574 699,682
Depreciation
As at 1 December 2020 353,188 - 309,879 389,602
Provided during the period 29,091 - 23,527 122,984
Disposals - - (161,415 ) (181,854 )
As at 30 November 2021 382,279 - 171,991 330,732
Net Book Value
As at 30 November 2021 1,072,233 - 70,583 368,950
As at 1 December 2020 1,097,224 1,880,000 98,250 323,195
Fixtures & Fittings Boilers Total
£ £ £
Cost or Valuation
As at 1 December 2020 130,556 15,891 4,597,785
Additions 3,237 - 282,460
Disposals (97,981 ) - (2,431,774 )
As at 30 November 2021 35,812 15,891 2,448,471
Depreciation
As at 1 December 2020 116,610 - 1,169,279
Provided during the period 2,841 - 178,443
Disposals (92,164 ) - (435,433 )
As at 30 November 2021 27,287 - 912,289
Net Book Value
As at 30 November 2021 8,525 15,891 1,536,182
As at 1 December 2020 13,946 15,891 3,428,506
Page 5
Page 6
The analysis of the cost or valuation of the above assets is as follows:
Land & Property
Freehold Assets under construction Investment Properties Plant & Machinery
£ £ £ £
As at 30 November 2021
At cost 1,454,512 5 - 242,574
At valuation - (5) - -
1,454,512 - - 242,574
As at 1 December 2020
At cost 1,450,412 - - 408,129
At valuation - - 1,880,000 -
1,450,412 - 1,880,000 408,129
Motor Vehicles Fixtures & Fittings Boilers Total
£ £ £ £
As at 30 November 2021
At cost 699,682 35,812 15,891 2,448,476
At valuation - - - (5)
699,682 35,812 15,891 2,448,471
As at 1 December 2020
At cost 712,797 130,556 15,891 2,717,785
At valuation - - - 1,880,000
712,797 130,556 15,891 4,597,785
5. Investments
Unlisted
£
Cost
As at 1 December 2020 130,055
As at 30 November 2021 130,055
Provision
As at 1 December 2020 -
As at 30 November 2021 -
Net Book Value
As at 30 November 2021 130,055
As at 1 December 2020 130,055
Fixed Asset Investments were valued on an open market basis on 30 November 2021 by J M Nicol, Director.
Page 6
Page 7
6. Stocks
2021 2020
£ £
Stock - materials 107,519 108,458
107,519 108,458
7. Debtors
2021 2020
£ £
Due within one year
Trade debtors 678,940 598,632
Prepayments and accrued income 15,044 16,955
Other debtors < 1 Year 2,864 2,733
Sundry Debtors 5,652 -
702,500 618,320
Due after more than one year
Other debtors >1 Year 31,698 34,567
31,698 34,567
734,198 652,887
8. Creditors: Amounts Falling Due Within One Year
2021 2020
£ £
Trade creditors 178,578 164,245
Corporation tax 168,416 159,425
Other taxes and social security 31,123 29,378
VAT 98,485 122,165
Accruals and deferred income 5,933 4,599
Directors' loan accounts 88,846 149,568
571,381 629,380
9. Deferred Taxation
The provision for deferred taxation is made up of accelerated capital allowances
2021 2020
£ £
Deferred tax 83,006 78,412
83,006 78,412
10. Share Capital
2021 2020
Allotted, Called up and fully paid 1,000 1,000
Page 7
Page 8
11. Related Party Transactions
Nicol Boilers Holdings Ltd was a related party during the year by virtue of being the parent undertaking of the company.

Investment properties were transfered to Nicol Boilers Holdings Ltd from Nicol Boilers Ltd for £1,880,000 by way of a distribution in specie at market value.

12. Ultimate Controlling Party
The immediate and ultimate parent undertaking and controlling party is Nicol Boilers Holdings Limited. The registered office of Nicol Boilers Holdings Limited is High Street Industrial Estate, Shotts, Lanarkshire ML7 5DR.

The shares in Nicol Boilers Holdings Ltd are owned by Mrs Laura Lane, Mrs Agnes Nicol, Mr John Nicol and Mr Stuart Nicol.

13. General Information
Nicol Boilers Limited is a private company, limited by shares, incorporated in Scotland, registered number SC114070 . The registered office is High Street Industrial Estate, Shotts, Lanarkshire, ML7 5DR.
Page 8