Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31falsefalsetrue2023-04-01No description of principal activity33trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05258128 2023-04-01 2024-03-31 05258128 2022-04-01 2023-03-31 05258128 2024-03-31 05258128 2023-03-31 05258128 c:Director1 2023-04-01 2024-03-31 05258128 d:PlantMachinery 2023-04-01 2024-03-31 05258128 d:PlantMachinery 2024-03-31 05258128 d:PlantMachinery 2023-03-31 05258128 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 05258128 d:MotorVehicles 2023-04-01 2024-03-31 05258128 d:MotorVehicles 2024-03-31 05258128 d:MotorVehicles 2023-03-31 05258128 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 05258128 d:FurnitureFittings 2023-04-01 2024-03-31 05258128 d:FurnitureFittings 2024-03-31 05258128 d:FurnitureFittings 2023-03-31 05258128 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 05258128 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 05258128 d:Goodwill 2024-03-31 05258128 d:Goodwill 2023-03-31 05258128 d:CurrentFinancialInstruments 2024-03-31 05258128 d:CurrentFinancialInstruments 2023-03-31 05258128 d:Non-currentFinancialInstruments 2024-03-31 05258128 d:Non-currentFinancialInstruments 2023-03-31 05258128 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 05258128 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 05258128 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 05258128 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 05258128 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 05258128 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 05258128 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 05258128 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 05258128 d:ShareCapital 2024-03-31 05258128 d:ShareCapital 2023-03-31 05258128 d:RetainedEarningsAccumulatedLosses 2024-03-31 05258128 d:RetainedEarningsAccumulatedLosses 2023-03-31 05258128 c:OrdinaryShareClass1 2023-04-01 2024-03-31 05258128 c:OrdinaryShareClass1 2024-03-31 05258128 c:OrdinaryShareClass1 2023-03-31 05258128 c:FRS102 2023-04-01 2024-03-31 05258128 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05258128 c:FullAccounts 2023-04-01 2024-03-31 05258128 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05258128 d:WithinOneYear 2024-03-31 05258128 d:WithinOneYear 2023-03-31 05258128 d:BetweenOneFiveYears 2024-03-31 05258128 d:BetweenOneFiveYears 2023-03-31 05258128 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 05258128 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 05258128 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2024-03-31 05258128 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-03-31 05258128 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-03-31 05258128 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-03-31 05258128 d:LeasedAssetsHeldAsLessee 2024-03-31 05258128 d:LeasedAssetsHeldAsLessee 2023-03-31 05258128 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 05258128










NICK ROBINS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024



 
NICK ROBINS LIMITED
REGISTERED NUMBER: 05258128

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
19,338
1,813

  
19,338
1,813

Current assets
  

Debtors: amounts falling due within one year
 6 
97,151
79,257

  
97,151
79,257

Current liability
  

Creditors: amounts falling due within one year
 7 
(73,004)
(80,453)

Net current assets/(liabilities)
  
 
 
24,147
 
 
(1,196)

Total assets less current liabilities
  
43,485
617

Creditors: amounts falling due after more than one year
 8 
(39,602)
(29,415)

Provisions for liabilities
  

Deferred tax
 10 
(4,834)
(453)

  
 
 
(4,834)
 
 
(453)

Net liabilities
  
(951)
(29,251)


Capital and reserves
  

Called up share capital 
 11 
1
1

Profit and loss account
  
(952)
(29,252)

  
(951)
(29,251)

Page 1

 
NICK ROBINS LIMITED
REGISTERED NUMBER: 05258128

BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




N W Robins
Director

Date: 23 March 2025

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
NICK ROBINS LIMITED
 

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

1.


General information

Nick Robins Limited is a limited liability company incorporated in England and Wales. The address of its registered office is Reading Bridge House, George Street, Reading, Berkshire, RG1 8LS.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

As shown by the financial statements the liabilities of the company exceed its assets and the company meets its day to day working capital requirements through financial support from its bankers. After making enquiries, the director has reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, he continues to adopt the going concern basis in preparing the annual report and accounts.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable for services during the year, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
NICK ROBINS LIMITED
 

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

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.7

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant & machinery
-
15%
Motor vehicles
-
25%
Fixtures & fittings
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
NICK ROBINS LIMITED
 

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

3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


4.


Intangible assets




Goodwill

£



Cost


At 1 April 2023
100,000



At 31 March 2024

100,000



Amortisation


At 1 April 2023
100,000



At 31 March 2024

100,000



Net book value



At 31 March 2024
-



At 31 March 2023
-



Page 5

 
NICK ROBINS LIMITED
 

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

5.


Tangible fixed assets





Plant & machinery
Motor vehicles
Fixtures & fittings
Total

£
£
£
£



Cost or valuation


At 1 April 2023
163,540
105,528
4,052
273,120


Additions
22,750
-
-
22,750


Disposals
(15,292)
-
-
(15,292)



At 31 March 2024

170,998
105,528
4,052
280,578



Depreciation


At 1 April 2023
163,540
103,715
4,052
271,307


Charge for the year on owned assets
3,412
1,813
-
5,225


Disposals
(15,292)
-
-
(15,292)



At 31 March 2024

151,660
105,528
4,052
261,240



Net book value



At 31 March 2024
19,338
-
-
19,338



At 31 March 2023
-
1,813
-
1,813

Depreciation charged on assets on hire purchase during the year was £5,225 (2023: £1,813).

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Plant and machinery
19,338
-

Motor vehicles
-
1,813

19,338
1,813

Page 6

 
NICK ROBINS LIMITED
 

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

6.


Debtors

2024
2023
£
£


Trade debtors
14,691
7,661

Other debtors
66,083
55,219

Tax recoverable
16,377
16,377

97,151
79,257



7.


Creditors: amounts falling due within one year

2024
2023
£
£

Bank overdrafts
4,841
14,029

Bank loans
6,600
6,600

Payments received on account
2,875
1,891

Trade creditors
26,800
23,216

Corporation tax
8,129
14,113

Other taxation and social security
2,508
4,207

Obligations under finance lease and hire purchase contracts
2,981
6,423

Other creditors
8,153
4,924

Accruals and deferred income
10,117
5,050

73,004
80,453


The following liabilities were secured:

2024
2023
£
£



Hire purchase
1,885
6,423

1,885
6,423

Details of security provided:

Goods on hire purchase are secured until the liability is paid in full.

Page 7

 
NICK ROBINS LIMITED
 

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

8.


Creditors: amounts falling due after more than one year

2024
2023
£
£

Bank loans
22,233
26,400

Net obligations under finance leases and hire purchase contracts
17,369
3,015

39,602
29,415


The following liabilities were secured:

2024
2023
£
£



Hire purchase
430
3,015

430
3,015

Details of security provided:

Goods on hire purchase are secured until the liability is paid in full.


9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
6,600
6,600


6,600
6,600

Amounts falling due 1-2 years

Bank loans
6,600
6,600


6,600
6,600

Amounts falling due 2-5 years

Bank loans
15,633
19,800


15,633
19,800


28,833
33,000


Page 8

 
NICK ROBINS LIMITED
 

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

10.


Deferred taxation




2024


£






At beginning of year
(453)


Charged to profit or loss
(4,381)



At end of year
(4,834)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(4,834)
(453)

(4,834)
(453)


11.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £1.00
1
1



12.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £2,126 (2023: £1,511).
At the balance sheet date the company was due to pay £425 into the fund (2023: £nil).

Page 9

 
NICK ROBINS LIMITED
 

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

13.


Commitments under operating leases

At 31 March 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
1,660
6,706

Later than 1 year and not later than 5 years
-
1,660

1,660
8,366

On 17 October 2024 the company committed to a hire purchase agreement of £19,999. Monthly repayments will be £383 for sixty months.


14.


Related party transactions

At the balance sheet date the director owed £53,108 to the company (2023: £48,204).


Page 10