Nicholls Lefevre & Company Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 00636336

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		43,249		43,249

			43,249		43,249
CURRENT ASSETS
Debtors	5	-		256
Cash at bank and in hand		7,268		23,858

		7,268		24,114
Creditors: Amounts Falling Due Within One Year	6	(12,725 )		(14,885 )

NET CURRENT ASSETS (LIABILITIES)			(5,457 )		9,229

TOTAL ASSETS LESS CURRENT LIABILITIES			37,792		52,478

NET ASSETS			37,792		52,478

CAPITAL AND RESERVES
Called up share capital	7		1,000		1,000
Profit and Loss Account			36,792		51,478

SHAREHOLDERS' FUNDS			37,792		52,478

For the year ending 31 October 2024 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

B L Nicholls

Director

28/03/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Nicholls Lefevre & Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00636336 . The registered office is 353 Warwick Road, Solihull, West Midlands, B91 1BQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

The turnover figure relates to management charges made to its subsidiary companies.

2.3. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

2.4. 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 form the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferrred 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

4. Investments

	Unlisted
	£
Cost
As at 1 November 2023	43,249

As at 31 October 2024	43,249

Provision
As at 1 November 2023	-

As at 31 October 2024	-

Net Book Value
As at 31 October 2024	43,249

As at 1 November 2023	43,249

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Nicholls Lefevre & Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2024

5. Debtors

	2024	2023
	£	£
Due within one year
Prepayments and accrued income	-	256

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Corporation tax	11,771	13,943
Other creditors	954	942

	12,725	14,885

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1,000	1,000

8. Related Party Transactions

During the year the Company charged managemant charges of £10,000 (2023 £10,000) to its subsidiary company Louis Lefevre Limited. This management charge was paid during the year.

During the year the Company charged management charges of £40,000 (2023 £40,000) to its subsidiary company Nicolette Limited. This management charge was paid during the year.

9. Ultimate Controlling Party

The controlling party is Mr & Mrs B Nicholls.

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