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REGISTERED NUMBER: 04057922 (England and Wales)

















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Nelson (Heat Transfer) Limited

Nelson (Heat Transfer) Limited (Registered number: 04057922)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Nelson (Heat Transfer) Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: Mr G Nelson





SECRETARY: Mr J Swift





REGISTERED OFFICE: Unit 3 Century Park Ind Estate
43 Darnall Road
Sheffield
South Yorkshire
S9 5AH





REGISTERED NUMBER: 04057922 (England and Wales)





ACCOUNTANTS: Sutton McGrath Hartley Limited
5 Westbrook Court
Sharrowvale Road
Sheffield
S11 8YZ

Nelson (Heat Transfer) Limited (Registered number: 04057922)

Balance Sheet
31 August 2024

2024 2023
Notes £ £ £
FIXED ASSETS
Tangible assets 4 31,306 38,965

CURRENT ASSETS
Stocks 93,890 98,780
Debtors 5 108,417 133,082
Cash at bank 1,569 1,234
203,876 233,096
CREDITORS
Amounts falling due within one year 6 154,181 180,869
NET CURRENT ASSETS 49,695 52,227
TOTAL ASSETS LESS CURRENT LIABILITIES 81,001 91,192

CREDITORS
Amounts falling due after more than one year 7 30,070 45,910
NET ASSETS 50,931 45,282

CAPITAL AND RESERVES
Called up share capital 125 125
Share premium 99,980 99,980
Retained earnings (49,174 ) (54,823 )
50,931 45,282

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Nelson (Heat Transfer) Limited (Registered number: 04057922)

Balance Sheet - continued
31 August 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 May 2025 and were signed by:





Mr G Nelson - Director


Nelson (Heat Transfer) Limited (Registered number: 04057922)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Nelson (Heat Transfer) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

Nelson (Heat Transfer) Limited (Registered number: 04057922)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 September 2023
and 31 August 2024 109,775
DEPRECIATION
At 1 September 2023 70,810
Charge for year 7,659
At 31 August 2024 78,469
NET BOOK VALUE
At 31 August 2024 31,306
At 31 August 2023 38,965

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 97,168 111,190
Other debtors 11,249 21,892
108,417 133,082

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 5,012 5,000
Hire purchase contracts - 3,576
Trade creditors 30,264 64,944
Taxation and social security 40,768 25,314
Other creditors 78,137 82,035
154,181 180,869

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans 30,070 32,500
Hire purchase contracts - 13,410
30,070 45,910

Nelson (Heat Transfer) Limited (Registered number: 04057922)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£ £
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 10,023 12,500