2023-11-01 2024-10-31 false Capium Accounts Production 1.1 07480095 2023-11-01 2024-10-31 07480095 bus:AbridgedAccounts 2023-11-01 2024-10-31 07480095 bus:FRS102 2023-11-01 2024-10-31 07480095 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 07480095 bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 07480095 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 07480095 2023-11-01 2024-10-31 07480095 2024-10-31 07480095 bus:RegisteredOffice 2023-11-01 2024-10-31 07480095 core:WithinOneYear 2024-10-31 07480095 core:AfterOneYear 2024-10-31 07480095 1 2023-11-01 2024-10-31 07480095 bus:Director1 2023-11-01 2024-10-31 07480095 bus:Director1 2024-10-31 07480095 bus:Director1 2022-11-01 2023-10-31 07480095 2022-11-01 07480095 bus:LeadAgentIfApplicable 2023-11-01 2024-10-31 07480095 2022-11-01 2023-10-31 07480095 2023-10-31 07480095 core:WithinOneYear 2023-10-31 07480095 core:AfterOneYear 2023-10-31 07480095 bus:EntityAccountantsOrAuditors 2022-11-01 2023-10-31 07480095 core:LandBuildings 2023-11-01 2024-10-31 07480095 core:LandBuildings 2024-10-31 07480095 core:LandBuildings 2023-10-31 07480095 core:PlantMachinery 2023-11-01 2024-10-31 07480095 core:PlantMachinery 2024-10-31 07480095 core:PlantMachinery 2023-10-31 07480095 core:MotorCars 2023-11-01 2024-10-31 07480095 core:MotorCars 2024-10-31 07480095 core:MotorCars 2023-10-31 07480095 core:FurnitureFittings 2023-11-01 2024-10-31 07480095 core:FurnitureFittings 2024-10-31 07480095 core:FurnitureFittings 2023-10-31 07480095 core:ComputerEquipment 2023-11-01 2024-10-31 07480095 core:ComputerEquipment 2024-10-31 07480095 core:ComputerEquipment 2023-10-31 07480095 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-10-31 07480095 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-10-31 07480095 core:NetGoodwill 2023-11-01 2024-10-31 07480095 core:NetGoodwill 2024-10-31 07480095 core:NetGoodwill 2023-10-31 07480095 core:CostValuation core:Non-currentFinancialInstruments 2024-10-31 07480095 core:CostValuation core:Non-currentFinancialInstruments 2023-10-31 07480095 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-10-31 07480095 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-10-31 07480095 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-10-31 07480095 core:Non-currentFinancialInstruments 2024-10-31 07480095 core:Non-currentFinancialInstruments 2023-10-31 07480095 core:ShareCapital 2024-10-31 07480095 core:ShareCapital 2023-10-31 07480095 core:RetainedEarningsAccumulatedLosses 2024-10-31 07480095 core:RetainedEarningsAccumulatedLosses 2023-10-31 07480095 dpl:Item1 2023-11-01 07480095 dpl:Item1 2024-10-31 07480095 dpl:Item1 2022-11-01 07480095 dpl:Item1 2023-10-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 07480095


 

 

 

JAMES NIXON LTD



Abridged Accounts
 


Period of accounts

Start date: 01 November 2023

End date: 31 October 2024
Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 October 2024 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Account Solutions Yorkshire Ltd
31 October 2024



....................................................

Account Solutions Yorkshire Ltd

5C Market Street
Malton
YO17 7LY
21 May 2025
1
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 4 353,786    371,188 
Investments 5 70,000   
423,786    371,188 
Current assets      
Stocks 26,480    33,200 
Cash at bank and in hand 6,321    15,095 
32,801    48,295 
Creditors: amount falling due within one year (35,093)   (57,838)
Net current assets (2,292)   (9,543)
 
Total assets less current liabilities 421,494    361,645 
Creditors: amount falling due after more than one year (122,753)   (64,220)
Net assets 298,741    297,425 
 

Capital and reserves
     
Called up share capital 100   
Profit and loss account 298,641    297,425 
Shareholders' funds 298,741    297,425 
 


For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 21 May 2025 and were signed by:


-------------------------------
James Nixon
Director
2
General Information
James Nixon Ltd is a private company, limited by shares, registered in Englans & Wales, registration number 07480095, registration address Jockey Lane, Huntington, York, YO32 9NE.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings 4.4 Reducing Balance
Plant and Machinery 18/10 Reducing Balance
Motor Vehicles 18/10 Reducing Balance
Fixtures and Fittings 18/5 Reducing Balance
Computer Equipment 18/5 Reducing Balance
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 6 (2023 : 0).
3.

Intangible fixed assets

Cost Goodwill   Total
  £   £
At 01 November 2023 50,000    50,000 
Additions  
Disposals  
At 31 October 2024 50,000    50,000 
Amortisation
At 01 November 2023 50,000    50,000 
Charge for year  
On disposals  
At 31 October 2024 50,000    50,000 
Net book values
At 31 October 2024  
At 31 October 2023  


4.

Tangible fixed assets

Cost or valuation Land and Buildings   Plant and Machinery   Motor Vehicles   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £   £   £
At 01 November 2023 467,500    46,349    18,400    62,963    2,539    597,751 
Additions     24,754    2,379      27,133 
Disposals     (18,400)       (18,400)
At 31 October 2024 467,500    46,349    24,754    65,342    2,539    606,484 
Depreciation
At 01 November 2023 133,452    34,691    3,312    53,179    1,929    226,563 
Charge for year 20,592    2,099    4,456    2,190    110    29,447 
On disposals     (3,312)       (3,312)
At 31 October 2024 154,044    36,790    4,456    55,369    2,039    252,698 
Net book values
Closing balance as at 31 October 2024 313,456    9,559    20,298    9,973    500    353,786 
Opening balance as at 01 November 2023 334,048    11,658    15,088    9,784    610    371,188 


5.

Investments

Cost Loans to group undertakings   Total
  £   £
At 01 November 2023  
Additions 70,000    70,000 
Transfer to/from tangible fixed assets  
Disposals  
At 31 October 2024 70,000    70,000 

3