Registered number
10153460
Nelson & Partners Estate Ltd
Filleted Accounts
30 April 2024
Nelson & Partners Estate Ltd
Registered number: 10153460
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 807 1,076
807 1,076
Current assets
Debtors 4 26,750 60,767
Cash at bank and in hand 3,345 771
30,095 61,538
Creditors: amounts falling due within one year 5 (26,913) (47,200)
Net current assets 3,182 14,338
Total assets less current liabilities 3,989 15,414
Creditors: amounts falling due after more than one year 6 (6,567) (9,563)
Net (liabilities)/assets (2,578) 5,851
Capital and reserves
Called up share capital 1 1
Profit and loss account (2,579) 5,850
Shareholder's funds (2,578) 5,851
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S K Xavier
Director
Approved by the board on 21 January 2025
Nelson & Partners Estate Ltd
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery Total
£ £
Cost
At 1 May 2023 12,220 12,220
At 30 April 2024 12,220 12,220
Depreciation
At 1 May 2023 11,144 11,144
Charge for the year 269 269
At 30 April 2024 11,413 11,413
Net book value
At 30 April 2024 807 807
At 30 April 2023 1,076 1,076
4 Debtors 2024 2023
£ £
Trade debtors 26,750 19,933
Other debtors - 40,834
26,750 60,767
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 11,150 13,700
Taxation and social security costs 1,591 -
Directors loans 9,861 33,000
Other creditors 4,311 500
26,913 47,200
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 6,567 9,563
7 Other information
Nelson & Partners Estate Ltd is a private company limited by shares and incorporated in England. Its registered office is:
167 Mitcham Road
Tooting
London
SW17 9PG
Nelson & Partners Estate Ltd 10153460 false 2023-05-01 2024-04-30 2024-04-30 VT Final Accounts July 2024 S K Xavier No description of principal activity 10153460 2022-05-01 2023-04-30 10153460 core:WithinOneYear 2023-04-30 10153460 core:AfterOneYear 2023-04-30 10153460 core:ShareCapital 2023-04-30 10153460 core:RetainedEarningsAccumulatedLosses 2023-04-30 10153460 2023-05-01 2024-04-30 10153460 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10153460 bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10153460 bus:Director40 2023-05-01 2024-04-30 10153460 2 2023-05-01 2024-04-30 10153460 core:PlantMachinery 2023-05-01 2024-04-30 10153460 countries:England 2023-05-01 2024-04-30 10153460 bus:FRS102 2023-05-01 2024-04-30 10153460 bus:FilletedAccounts 2023-05-01 2024-04-30 10153460 2024-04-30 10153460 core:WithinOneYear 2024-04-30 10153460 core:AfterOneYear 2024-04-30 10153460 core:ShareCapital 2024-04-30 10153460 core:RetainedEarningsAccumulatedLosses 2024-04-30 10153460 core:PlantMachinery 2024-04-30 10153460 2023-04-30 10153460 core:PlantMachinery 2023-04-30 iso4217:GBP xbrli:pure