Acorah Software Products - Accounts Production 14.5.501 true true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 SC656107 Mr J Nicol Mrs Laura Lane Mrs A Nicol iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC656107 2022-11-30 SC656107 2023-11-30 SC656107 2022-12-01 2023-11-30 SC656107 frs-core:ShareCapital 2023-11-30 SC656107 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 SC656107 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 SC656107 frs-bus:SmallEntities 2022-12-01 2023-11-30 SC656107 frs-bus:EntityHasNeverTraded 2022-12-01 2023-11-30 SC656107 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 SC656107 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 SC656107 frs-core:UnlistedNon-exchangeTraded 2023-11-30 SC656107 frs-core:UnlistedNon-exchangeTraded 2022-11-30 SC656107 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-11-30 SC656107 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-11-30 SC656107 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-11-30 SC656107 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-11-30 SC656107 frs-bus:Director1 2022-12-01 2023-11-30 SC656107 frs-bus:Director2 2022-12-01 2023-11-30 SC656107 frs-bus:Director3 2022-12-01 2023-11-30 SC656107 frs-countries:Scotland 2022-12-01 2023-11-30 SC656107 2021-11-30 SC656107 2022-11-30 SC656107 2021-12-01 2022-11-30 SC656107 frs-core:CurrentFinancialInstruments 2022-11-30 SC656107 frs-core:ShareCapital 2022-11-30
Registered number: SC656107
Nicol Boilers Holdings Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC656107
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 3,820,000 3,820,000
3,820,000 3,820,000
CURRENT ASSETS
Debtors 5 - 100
Cash at bank and in hand 100 -
100 100
NET CURRENT ASSETS (LIABILITIES) 100 100
TOTAL ASSETS LESS CURRENT LIABILITIES 3,820,100 3,820,100
NET ASSETS 3,820,100 3,820,100
CAPITAL AND RESERVES
Called up share capital 6 3,820,100 3,820,100
SHAREHOLDERS' FUNDS 3,820,100 3,820,100
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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
04/03/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Nicol Boilers Holdings Limited is a private company, limited by shares, incorporated in Scotland, registered number SC656107 . The registered office is High Street Industrial Estate, Shotts , Lanarkshire , ML7 5DR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Investments
Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price, except for the shares in the trading subsidiary which are carried at cost. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year.
All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at the year-end and their carrying value. Realised and unrealised investment gains and losses are combined in the Statement of Financial Activities.
The main form of financial risk faced by Nicol Boilers Holdings Ltd is that of volatility in equity markets and investment markets due to wider economic conditions, the attitude of investors to investment risk, and changes in sentiment concerning equities and within particular sectors or sub sectors.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
4. Investments
Unlisted
£
Cost
As at 1 December 2022 5,700,000
As at 30 November 2023 5,700,000
Provision
As at 1 December 2022 1,880,000
As at 30 November 2023 1,880,000
Net Book Value
As at 30 November 2023 3,820,000
As at 1 December 2022 3,820,000
5. Debtors
2023 2022
£ £
Due within one year
Directors' loan accounts - 100
- 100
Page 2
Page 3
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 3,820,100 3,820,100
Page 3