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REGISTERED NUMBER: 13517500 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

NICHOLLS INVESTMENT LIMITED

NICHOLLS INVESTMENT LIMITED (REGISTERED NUMBER: 13517500)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


NICHOLLS INVESTMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mr A R Nicholls
Mr T A Nicholls
Mr A W Nicholls
Ms J Nicholls
Mr A S Morris
Mrs G A Clarke





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill on sea
East Sussex
TN39 5ES





REGISTERED NUMBER: 13517500 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

NICHOLLS INVESTMENT LIMITED (REGISTERED NUMBER: 13517500)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2023

2023 2022
Reinstated
Notes £    £    £    £   
FIXED ASSETS
Investments 4 740,803 739,893

CURRENT ASSETS
Debtors 5 - 11

CREDITORS
Amounts falling due within one year 6 696 572
NET CURRENT LIABILITIES (696 ) (561 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

740,107

739,332

CREDITORS
Amounts falling due after more than one year 7 738,927 738,927
NET ASSETS 1,180 405

CAPITAL AND RESERVES
Called up share capital 8 11 11
Retained earnings 1,169 394
1,180 405

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

NICHOLLS INVESTMENT LIMITED (REGISTERED NUMBER: 13517500)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 December 2023 and were signed on its behalf by:





Mr T A Nicholls - Director


NICHOLLS INVESTMENT LIMITED (REGISTERED NUMBER: 13517500)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Nicholls Investment Limited 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.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

4. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2023 2022
Reinstated
£    £   
Investment in LLP 740,803 739,893

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
Reinstated
£    £   
Other debtors - 11

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
Reinstated
£    £   
Taxation and social security 182 92
Other creditors 514 480
696 572

NICHOLLS INVESTMENT LIMITED (REGISTERED NUMBER: 13517500)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
Reinstated
£    £   
Bank loans 738,927 738,927

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 738,927 738,927

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
1 Ordinary A £1 1 1
6 Ordinary B £1 6 6
1 Ordinary C £1 1 1
1 Ordinary D £1 1 1
1 Ordinary E £1 1 1
1 Ordinary F £1 1 1
11 11