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REGISTERED NUMBER: 03892698 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

N D OLIVER & CO LIMITED

N D OLIVER & CO LIMITED (REGISTERED NUMBER: 03892698)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


N D OLIVER & CO LIMITED (REGISTERED NUMBER: 03892698)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 71,159 74,388

CURRENT ASSETS
Stocks 44,110 37,210
Debtors 5 132,901 80,116
Cash at bank 140,444 156,307
317,455 273,633
CREDITORS
Amounts falling due within one year 6 (218,149 ) (168,904 )
NET CURRENT ASSETS 99,306 104,729
TOTAL ASSETS LESS CURRENT
LIABILITIES

170,465

179,117

CREDITORS
Amounts falling due after more than one
year

7

(5,032

)

(14,437

)

PROVISIONS FOR LIABILITIES (17,790 ) (18,597 )
NET ASSETS 147,643 146,083

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 145,643 144,083
SHAREHOLDERS' FUNDS 147,643 146,083

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

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

N D OLIVER & CO LIMITED (REGISTERED NUMBER: 03892698)

BALANCE SHEET - continued
31 DECEMBER 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 Profit and Loss Account has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 7 March 2025 and were signed on its behalf by:





Mr N D Oliver - Director


N D OLIVER & CO LIMITED (REGISTERED NUMBER: 03892698)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

N D Oliver & Co Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 03892698

Registered office: 21 Roebuck Lane
Sale
Cheshire
M33 7SY

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


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 represents the value of work performed, excluding value added tax. It includes work done on long-term contracts by reference to the total contract values and their stage of completion at the end of the financial year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 20% on cost
Office equipment and furniture - 20% on cost
Computer equipment - 20% on cost

Work in progress
Work in progress is valued at the lower of cost and net realisable value. The cost includes direct material and labour costs. The net realisable value represents sales value less appropriate costs to completion. An element of attributable profit is recognised where appropriate.


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.


N D OLIVER & CO LIMITED (REGISTERED NUMBER: 03892698)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued
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.

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 13 (2023 - 15 ) .

4. TANGIBLE FIXED ASSETS
Office
equipment
Short and Computer
leasehold furniture equipment Totals
£    £    £    £   
COST
At 1 January 2024 8,895 400,654 71,657 481,206
Additions - 20,310 6,582 26,892
Disposals - (274,145 ) (38,705 ) (312,850 )
At 31 December 2024 8,895 146,819 39,534 195,248
DEPRECIATION
At 1 January 2024 8,895 346,699 51,224 406,818
Charge for year - 23,496 6,625 30,121
Eliminated on disposal - (274,145 ) (38,705 ) (312,850 )
At 31 December 2024 8,895 96,050 19,144 124,089
NET BOOK VALUE
At 31 December 2024 - 50,769 20,390 71,159
At 31 December 2023 - 53,955 20,433 74,388

N D OLIVER & CO LIMITED (REGISTERED NUMBER: 03892698)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 97,011 54,055
Other debtors 35,890 26,061
132,901 80,116

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,616
Trade creditors 49,543 44,870
Taxation and social security 65,083 58,952
Other creditors 93,523 54,466
218,149 168,904

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 5,032 14,437

8. OTHER FINANCIAL COMMITMENTS

Operating lease commitments not included in the balance sheet amount to £70,573 (2023: £86,023).

9. RELATED PARTY DISCLOSURES

During the year, the company paid rent of £19,700 (2023: £18,000) to a pension scheme, of which a director is a beneficiary.