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REGISTERED NUMBER: 01126355 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

NICHOLSON ROBERTS COMPANY LIMITED

NICHOLSON ROBERTS COMPANY LIMITED (REGISTERED NUMBER: 01126355)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NICHOLSON ROBERTS COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2024







DIRECTOR: G J Roberts





REGISTERED OFFICE: 33 Barnsley Road
Penistone
South Yorkshire
S36 8AE





REGISTERED NUMBER: 01126355 (England and Wales)





ACCOUNTANTS: Seaman Herbert & Co
36 - 40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL

NICHOLSON ROBERTS COMPANY LIMITED (REGISTERED NUMBER: 01126355)

BALANCE SHEET
30TH SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 118,217 88,319

CURRENT ASSETS
Stocks 5 - 9,403
Debtors 6 73,849 110,637
Cash at bank 5,435 12,970
79,284 133,010
CREDITORS
Amounts falling due within one year 7 113,970 182,981
NET CURRENT LIABILITIES (34,686 ) (49,971 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

83,531

38,348

CREDITORS
Amounts falling due after more than one year 8 (10,514 ) (18,215 )

PROVISIONS FOR LIABILITIES 10 (22,438 ) (14,611 )
NET ASSETS 50,579 5,522

CAPITAL AND RESERVES
Called up share capital 11 2,100 2,100
Retained earnings 48,479 3,422
SHAREHOLDERS' FUNDS 50,579 5,522

NICHOLSON ROBERTS COMPANY LIMITED (REGISTERED NUMBER: 01126355)

BALANCE SHEET - continued
30TH SEPTEMBER 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit & Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30th January 2025 and were signed by:





G J Roberts - Director


NICHOLSON ROBERTS COMPANY LIMITED (REGISTERED NUMBER: 01126355)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

1. STATUTORY INFORMATION

Nicholson Roberts Company 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.

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 - at varying rates on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account 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 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

NICHOLSON ROBERTS COMPANY LIMITED (REGISTERED NUMBER: 01126355)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

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.

Long term contracts
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Long term contracts are those extending in excess of twelve months and any of a shorter duration which are material to the activity of the period. Attributable profit is recognised once the outcome of a long term contract can be assessed with reasonable certainty by including in the profit and loss account turnover and related costs as contract activity progresses. Immediate provision is made for all foreseeable losses if a contract is assessed as unprofitable.

Long term contract balances represent costs incurred on specific contracts, net of amounts transferred to cost of sales in respect of work recorded as turnover, less all foreseeable losses and payments on account not matched with turnover.

Government grants
Government grants relating to tangible fixed assets are treated as deferred income and released into the profit and loss account over the expected useful lives of the assets concerned. Other grants are credited to the profit and loss account as the related expenditure is incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1st October 2023 92,802 8,533 90,630 191,965
Additions 15,161 518 27,942 43,621
Disposals - - (17,700 ) (17,700 )
At 30th September 2024 107,963 9,051 100,872 217,886
DEPRECIATION
At 1st October 2023 36,329 8,129 59,188 103,646
Charge for year 1,380 281 6,462 8,123
Eliminated on disposal - - (12,100 ) (12,100 )
At 30th September 2024 37,709 8,410 53,550 99,669
NET BOOK VALUE
At 30th September 2024 70,254 641 47,322 118,217
At 30th September 2023 56,473 404 31,442 88,319

NICHOLSON ROBERTS COMPANY LIMITED (REGISTERED NUMBER: 01126355)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

5. STOCKS
2024 2023
£    £   
Stocks - 9,403

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 61,354 108,322
Amounts owed by group undertakings 10,236 -
Prepayments 2,259 2,315
73,849 110,637

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 9) 10,311 10,056
Hire purchase contracts 3,400 -
Trade creditors 52,905 72,947
Amounts owed to group undertakings - 40,764
Tax 13,912 4,039
Social security and other taxes 111 4,361
VAT 22,148 24,236
Other creditors - 289
Directors' current accounts 1,087 1,309
Accrued expenses 10,096 24,980
113,970 182,981

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 9) 7,904 18,215
Hire purchase contracts 2,610 -
10,514 18,215

9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,311 10,056

NICHOLSON ROBERTS COMPANY LIMITED (REGISTERED NUMBER: 01126355)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

9. LOANS - continued
2024 2023
£    £   
Amounts falling due between one and two years:
Bank loans - 1-2 years 7,904 10,311

Amounts falling due between two and five years:
Bank loans - 2-5 years - 7,904

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 22,438 14,611

Deferred
tax
£   
Balance at 1st October 2023 14,611
Provided during year 7,827
Balance at 30th September 2024 22,438

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2,100 Ordinary £1 2,100 2,100

12. RELATED PARTY DISCLOSURES

During the year the company paid dividends totalling £30,317 (2023 - £33,624) to its ultimate parent undertaking.

13. ULTIMATE CONTROLLING PARTY

The controlling party is G Roberts Penistone Limited.

The ultimate controlling party is G J Roberts.