2023-02-012024-01-312024-01-31false12452425NEST TREEHOUSES LTD2024-07-10iso4217:GBPxbrli:pure124524252023-02-01124524252024-01-31124524252023-02-012024-01-31124524252022-02-01124524252023-01-31124524252022-02-012023-01-3112452425bus:SmallEntities2023-02-012024-01-3112452425bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3112452425bus:FullAccounts2023-02-012024-01-3112452425bus:PrivateLimitedCompanyLtd2023-02-012024-01-3112452425core:WithinOneYear2024-01-3112452425core:AfterOneYear2024-01-3112452425core:WithinOneYear2023-01-3112452425core:AfterOneYear2023-01-3112452425core:ShareCapital2024-01-3112452425core:SharePremium2024-01-3112452425core:RevaluationReserve2024-01-3112452425core:OtherReservesSubtotal2024-01-3112452425core:RetainedEarningsAccumulatedLosses2024-01-3112452425core:ShareCapital2023-01-3112452425core:SharePremium2023-01-3112452425core:RevaluationReserve2023-01-3112452425core:OtherReservesSubtotal2023-01-3112452425core:RetainedEarningsAccumulatedLosses2023-01-3112452425core:LandBuildings2024-01-3112452425core:PlantMachinery2024-01-3112452425core:Vehicles2024-01-3112452425core:FurnitureFittings2024-01-3112452425core:OfficeEquipment2024-01-3112452425core:NetGoodwill2024-01-3112452425core:IntangibleAssetsOtherThanGoodwill2024-01-3112452425core:ListedExchangeTraded2024-01-3112452425core:UnlistedNon-exchangeTraded2024-01-3112452425core:LandBuildings2023-01-3112452425core:PlantMachinery2023-01-3112452425core:Vehicles2023-01-3112452425core:FurnitureFittings2023-01-3112452425core:OfficeEquipment2023-01-3112452425core:NetGoodwill2023-01-3112452425core:IntangibleAssetsOtherThanGoodwill2023-01-3112452425core:ListedExchangeTraded2023-01-3112452425core:UnlistedNon-exchangeTraded2023-01-3112452425core:LandBuildings2023-02-012024-01-3112452425core:PlantMachinery2023-02-012024-01-3112452425core:Vehicles2023-02-012024-01-3112452425core:FurnitureFittings2023-02-012024-01-3112452425core:OfficeEquipment2023-02-012024-01-3112452425core:NetGoodwill2023-02-012024-01-3112452425core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3112452425core:ListedExchangeTraded2023-02-012024-01-3112452425core:UnlistedNon-exchangeTraded2023-02-012024-01-3112452425core:MoreThanFiveYears2023-02-012024-01-3112452425core:Non-currentFinancialInstruments2024-01-3112452425core:Non-currentFinancialInstruments2023-01-3112452425dpl:CostSales2023-02-012024-01-3112452425dpl:DistributionCosts2023-02-012024-01-3112452425core:LandBuildings2023-02-012024-01-3112452425core:PlantMachinery2023-02-012024-01-3112452425core:Vehicles2023-02-012024-01-3112452425core:FurnitureFittings2023-02-012024-01-3112452425core:OfficeEquipment2023-02-012024-01-3112452425dpl:AdministrativeExpenses2023-02-012024-01-3112452425core:NetGoodwill2023-02-012024-01-3112452425core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3112452425dpl:GroupUndertakings2023-02-012024-01-3112452425dpl:ParticipatingInterests2023-02-012024-01-3112452425dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-3112452425core:ListedExchangeTraded2023-02-012024-01-3112452425dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-3112452425core:UnlistedNon-exchangeTraded2023-02-012024-01-3112452425dpl:CostSales2022-02-012023-01-3112452425dpl:DistributionCosts2022-02-012023-01-3112452425core:LandBuildings2022-02-012023-01-3112452425core:PlantMachinery2022-02-012023-01-3112452425core:Vehicles2022-02-012023-01-3112452425core:FurnitureFittings2022-02-012023-01-3112452425core:OfficeEquipment2022-02-012023-01-3112452425dpl:AdministrativeExpenses2022-02-012023-01-3112452425core:NetGoodwill2022-02-012023-01-3112452425core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3112452425dpl:GroupUndertakings2022-02-012023-01-3112452425dpl:ParticipatingInterests2022-02-012023-01-3112452425dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3112452425core:ListedExchangeTraded2022-02-012023-01-3112452425dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3112452425core:UnlistedNon-exchangeTraded2022-02-012023-01-3112452425core:NetGoodwill2024-01-3112452425core:IntangibleAssetsOtherThanGoodwill2024-01-3112452425core:LandBuildings2024-01-3112452425core:PlantMachinery2024-01-3112452425core:Vehicles2024-01-3112452425core:FurnitureFittings2024-01-3112452425core:OfficeEquipment2024-01-3112452425core:AfterOneYear2024-01-3112452425core:WithinOneYear2024-01-3112452425core:ListedExchangeTraded2024-01-3112452425core:UnlistedNon-exchangeTraded2024-01-3112452425core:ShareCapital2024-01-3112452425core:SharePremium2024-01-3112452425core:RevaluationReserve2024-01-3112452425core:OtherReservesSubtotal2024-01-3112452425core:RetainedEarningsAccumulatedLosses2024-01-3112452425core:NetGoodwill2023-01-3112452425core:IntangibleAssetsOtherThanGoodwill2023-01-3112452425core:LandBuildings2023-01-3112452425core:PlantMachinery2023-01-3112452425core:Vehicles2023-01-3112452425core:FurnitureFittings2023-01-3112452425core:OfficeEquipment2023-01-3112452425core:AfterOneYear2023-01-3112452425core:WithinOneYear2023-01-3112452425core:ListedExchange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NEST TREEHOUSES LTD

Registered Number
12452425
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2024

NEST TREEHOUSES LTD
Company Information
for the year from 1 February 2023 to 31 January 2024

Director

ELMHIRST, Tristan

Registered Address

84 Crescent Drive North
Brighton
BN2 6SN

Registered Number

12452425 (England and Wales)
NEST TREEHOUSES LTD
Statement of Financial Position
31 January 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets316,56720,793
16,56720,793
Current assets
Cash at bank and on hand1,6751,204
1,6751,204
Creditors amounts falling due within one year4(66,529)(85,564)
Net current assets (liabilities)(64,854)(84,360)
Total assets less current liabilities(48,287)(63,567)
Provisions for liabilities5(1,035)-
Net assets(49,322)(63,567)
Capital and reserves
Called up share capital100100
Profit and loss account(49,422)(63,667)
Shareholders' funds(49,322)(63,567)
The financial statements were approved and authorised for issue by the Director on 10 July 2024, and are signed on its behalf by:
ELMHIRST, Tristan
Director
Registered Company No. 12452425
NEST TREEHOUSES LTD
Notes to the Financial Statements
for the year ended 31 January 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements are prepared under the historical cost convention and in compliance with FRS 102 Section 1A the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). There were no material departures from the reporting standard.
Turnover policy
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.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Current taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred Tax 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 mount 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 if 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 form 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 relate 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.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
2.Average number of employees

20242023
Average number of employees during the year22
3.Tangible fixed assets

Plant & machinery

Total

££
Cost or valuation
At 01 February 2332,96532,965
Additions1,2971,297
At 31 January 2434,26234,262
Depreciation and impairment
At 01 February 2312,17212,172
Charge for year5,5235,523
At 31 January 2417,69517,695
Net book value
At 31 January 2416,56716,567
At 31 January 2320,79320,793
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables73-
Bank borrowings and overdrafts65,26784,983
Taxation and social security1,154581
Other creditors35-
Total66,52985,564
5.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)1,035-
Total1,035-
6.Related party transactions
The director's existing loan to the company is repayable on demand.