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REGISTERED NUMBER: 07169432 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Nolan James Limited

Nolan James Limited (Registered number: 07169432)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Nolan James Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs K L Hunter
Mrs R H James





REGISTERED OFFICE: Suite 1
Armcon Business Park
London Road South
Poynton
Cheshire
SK12 1LQ





REGISTERED NUMBER: 07169432 (England and Wales)

Nolan James Limited (Registered number: 07169432)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 54,539 3,754
54,539 3,754

CURRENT ASSETS
Debtors 6 71,724 65,941
Cash at bank 174,638 173,065
246,362 239,006
CREDITORS
Amounts falling due within one year 7 49,042 54,736
NET CURRENT ASSETS 197,320 184,270
TOTAL ASSETS LESS CURRENT
LIABILITIES

251,859

188,024

CREDITORS
Amounts falling due after more than one
year

8

40,926

-
NET ASSETS 210,933 188,024

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 210,831 187,922
SHAREHOLDERS' FUNDS 210,933 188,024

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Nolan James Limited (Registered number: 07169432)

Statement of Financial Position - continued
31 March 2024


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 9 September 2024 and were signed on its behalf by:





Mrs K L Hunter - Director


Nolan James Limited (Registered number: 07169432)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Nolan James 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of two years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 25% on reducing balance and 20% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

Nolan James Limited (Registered number: 07169432)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 287,392
AMORTISATION
At 1 April 2023
and 31 March 2024 287,392
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 17,864
Additions 57,135
At 31 March 2024 74,999
DEPRECIATION
At 1 April 2023 14,110
Charge for year 6,350
At 31 March 2024 20,460
NET BOOK VALUE
At 31 March 2024 54,539
At 31 March 2023 3,754

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 61,398 61,940
Other debtors 10,326 4,001
71,724 65,941

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 1,030 4,905
Taxation and social security 38,827 48,822
Other creditors 9,185 1,009
49,042 54,736

Nolan James Limited (Registered number: 07169432)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Other creditors 40,926 -