NELSON STOKES LIMITED

Company Registration Number:
01250857 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

NELSON STOKES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Additional notes
Balance sheet notes

NELSON STOKES LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 71,383 289,987
Investments: 4 49,000 49,000
Total fixed assets: 120,383 338,987
Current assets
Stocks: 5 687,535 779,754
Debtors: 6 484,804 552,799
Cash at bank and in hand: 11,205 4,693
Total current assets: 1,183,544 1,337,246
Creditors: amounts falling due within one year: 7 ( 690,920 ) ( 934,619 )
Net current assets (liabilities): 492,624 402,627
Total assets less current liabilities: 613,007 741,614
Creditors: amounts falling due after more than one year: 8 ( 475,167 ) ( 530,427 )
Total net assets (liabilities): 137,840 211,187
Capital and reserves
Called up share capital: 214,000 214,000
Profit and loss account: (76,160 ) (2,813 )
Total Shareholders' funds: 137,840 211,187

The notes form part of these financial statements

NELSON STOKES LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 12 August 2024
and signed on behalf of the board by:

Name: Mr Mark Stephen Stokes
Status: Director

The notes form part of these financial statements

NELSON STOKES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NELSON STOKES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 37 45

NELSON STOKES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 839,707 114,097 11,900 965,704
Additions
Disposals ( 317,780 ) ( 317,780 )
Revaluations
Transfers
At 31 December 2023 521,927 114,097 11,900 647,924
Depreciation
At 1 January 2023 594,293 74,883 6,541 675,717
Charge for year 19,787 8,707 828 29,322
On disposals ( 128,498 ) ( 128,498 )
Other adjustments
At 31 December 2023 485,582 83,590 7,369 576,541
Net book value
At 31 December 2023 36,345 30,507 4,531 71,383
At 31 December 2022 245,414 39,214 5,359 289,987

NELSON STOKES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Fixed assets investments note

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are initially measured at cost less impairment.

NELSON STOKES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Stocks

2023 2022
£ £
Stocks 687,535 779,754
Total 687,535 779,754

NELSON STOKES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Debtors

2023 2022
£ £
Trade debtors 405,522 421,353
Prepayments and accrued income 37,443 52,870
Other debtors 41,839 78,576
Total 484,804 552,799

NELSON STOKES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 10,000 41,159
Trade creditors 478,153 716,799
Taxation and social security 57,096 50,778
Other creditors 145,671 125,883
Total 690,920 934,619

NELSON STOKES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

8. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 475,167 530,427
Total 475,167 530,427