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Company Registration No. 09326373 (England and Wales)
Nelson and Palmer Limited Unaudited accounts for the year ended 31 January 2025
Nelson and Palmer Limited Unaudited accounts Contents
Page
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Nelson and Palmer Limited Company Information for the year ended 31 January 2025
Director
Jonathon Oliver James Mclean
Company Number
09326373 (England and Wales)
Registered Office
Office 9, Building 41 Newport Road Cowes England PO31 8BX
Accountants
Vision Accounting Fortis House Cothey Way Ryde Isle of Wight PO33 1QT
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Nelson and Palmer Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Inventories
- 
1,520,577 
Debtors
22,351 
25 
Cash at bank and in hand
470,840 
4,886 
493,191 
1,525,488 
Creditors: amounts falling due within one year
(518,271)
(537,699)
Net current (liabilities)/assets
(25,080)
987,789 
Total assets less current liabilities
(25,080)
987,789 
Creditors: amounts falling due after more than one year
- 
(1,009,470)
Net liabilities
(25,080)
(21,681)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(25,180)
(21,781)
Shareholders' funds
(25,080)
(21,681)
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 March 2025 and were signed on its behalf by
Jonathon Oliver James Mclean Director Company Registration No. 09326373
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Nelson and Palmer Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Nelson and Palmer Limited is a private company, limited by shares, registered in England and Wales, registration number 09326373. The registered office is Office 9, Building 41, Newport Road, Cowes, England, PO31 8BX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
9,220 
- 
Other debtors
13,131 
25 
22,351 
25 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
- 
354 
Trade creditors
- 
32,756 
Amounts owed to group undertakings and other participating interests
517,116 
501,864 
Loans from directors
205 
1,775 
Accruals
950 
950 
518,271 
537,699 
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
- 
921,252 
Other creditors
- 
88,218 
- 
1,009,470 
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Nelson and Palmer Limited Notes to the Accounts for the year ended 31 January 2025
7
Transactions with related parties
Balances due to related parties: Mclean Heritage Holdings Limited - £488,779 MHH 1004 Limited - £400 Mclean Corporation Limited - £27,937
8
Controlling party
Mclean Heritage Holdings Limited: Registered Office - Office 9, Building 41 Newport Road, Cowes, England, PO31 8BX
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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