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REGISTERED NUMBER: 09553838 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30 June 2024

for

NICK CANN PEST CONTROL LIMITED

NICK CANN PEST CONTROL LIMITED (REGISTERED NUMBER: 09553838)

Contents of the Financial Statements
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NICK CANN PEST CONTROL LIMITED

Company Information
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: N P Cann
B A Cann
R Chart
R Baker





REGISTERED OFFICE: 1a Parliament Square
Parliament Street
Crediton
Devon
EX17 2AW





REGISTERED NUMBER: 09553838 (England and Wales)





ACCOUNTANTS: Haines Watts
3 Southernhay West
Exeter
Devon
EX1 1JG

NICK CANN PEST CONTROL LIMITED (REGISTERED NUMBER: 09553838)

Balance Sheet
30 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 54,383 45,690
54,383 45,690

CURRENT ASSETS
Stocks 2,084 4,854
Debtors 7 32,545 26,782
Cash at bank 156,894 162,708
191,523 194,344
CREDITORS
Amounts falling due within one year 8 (89,672 ) (116,891 )
NET CURRENT ASSETS 101,851 77,453
TOTAL ASSETS LESS CURRENT
LIABILITIES

156,234

123,143

CREDITORS
Amounts falling due after more than one
year

9

-

(2,851

)

PROVISIONS FOR LIABILITIES (10,333 ) (11,423 )
NET ASSETS 145,901 108,869

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 145,801 108,769
SHAREHOLDERS' FUNDS 145,901 108,869

NICK CANN PEST CONTROL LIMITED (REGISTERED NUMBER: 09553838)

Balance Sheet - continued
30 JUNE 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 November 2024 and were signed on its behalf by:




N P Cann - Director



B A Cann - Director


NICK CANN PEST CONTROL LIMITED (REGISTERED NUMBER: 09553838)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 JUNE 2024


1. COMPANY INFORMATION

Nick Cann Pest Control 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

Turnover
Turnover represents amounts chargeable in respect of the sale of services to customers falling within the company's ordinary activities.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Motor vehicles - 15% on cost
Computer equipment - 25% on cost

Stocks
Stocks are stated at the lower of cost and net realisable value. Cost comprises direct materials and where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

NICK CANN PEST CONTROL LIMITED (REGISTERED NUMBER: 09553838)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2024


3. ACCOUNTING POLICIES - continued

Cash and cash equivalents
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is
any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

NICK CANN PEST CONTROL LIMITED (REGISTERED NUMBER: 09553838)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2024


5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 20,000
AMORTISATION
At 1 July 2023
and 30 June 2024 20,000
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

6. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 5,203 60,356 6,681 72,240
Additions - 22,696 1,407 24,103
Disposals - (16,789 ) - (16,789 )
At 30 June 2024 5,203 66,263 8,088 79,554
DEPRECIATION
At 1 July 2023 3,239 18,393 4,918 26,550
Charge for year 393 9,313 1,925 11,631
Eliminated on disposal - (13,010 ) - (13,010 )
At 30 June 2024 3,632 14,696 6,843 25,171
NET BOOK VALUE
At 30 June 2024 1,571 51,567 1,245 54,383
At 30 June 2023 1,964 41,963 1,763 45,690

NICK CANN PEST CONTROL LIMITED (REGISTERED NUMBER: 09553838)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2024


6. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 July 2023
and 30 June 2024 17,730
DEPRECIATION
At 1 July 2023 5,542
Charge for year 2,660
At 30 June 2024 8,202
NET BOOK VALUE
At 30 June 2024 9,528
At 30 June 2023 12,188

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 29,427 24,376
Prepayments 3,118 2,406
32,545 26,782

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 2,851 2,851
Trade creditors 2,225 2,532
Tax 9,813 17,492
Social security and other taxes 1,651 1,598
VAT 9,141 5,328
Other creditors 207 185
Directors' current accounts 41,960 66,917
Accruals and deferred income 18,345 16,433
Accrued expenses 3,479 3,555
89,672 116,891

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts - 2,851

NICK CANN PEST CONTROL LIMITED (REGISTERED NUMBER: 09553838)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2024


10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 2,851 5,702

Hire purchase liabilities are secured over the asset to which the liability relates.