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REGISTERED NUMBER: 12575630 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

NHP SUPPLIES LTD

NHP SUPPLIES LTD (REGISTERED NUMBER: 12575630)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Balance Sheet 1

Notes to the Financial Statements 3


NHP SUPPLIES LTD (REGISTERED NUMBER: 12575630)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 58,493 13,155
Tangible assets 5 96,327 11,144
154,820 24,299

CURRENT ASSETS
Stocks 396,947 233,026
Debtors 6 773,791 373,592
Cash at bank and in hand 195,674 133,795
1,366,412 740,413
CREDITORS
Amounts falling due within one year 7 1,142,878 588,705
NET CURRENT ASSETS 223,534 151,708
TOTAL ASSETS LESS CURRENT
LIABILITIES

378,354

176,007

CREDITORS
Amounts falling due after more than one year 8 (94,454 ) (54,166 )

PROVISIONS FOR LIABILITIES (16,812 ) (2,786 )
NET ASSETS 267,088 119,055

CAPITAL AND RESERVES
Called up share capital 10 2 2
Share premium 30,000 -
Retained earnings 237,086 119,053
SHAREHOLDERS' FUNDS 267,088 119,055

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

NHP SUPPLIES LTD (REGISTERED NUMBER: 12575630)

BALANCE SHEET - continued
31 MARCH 2025


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 Board of Directors and authorised for issue on 27 May 2025 and were signed on its behalf by:





Mr L J Betts - Director


NHP SUPPLIES LTD (REGISTERED NUMBER: 12575630)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

NHP Supplies Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12575630

Registered office: 9 Marriott Close
Norwich
Norfolk
NR2 4UX

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets. The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost, 20% on cost and 20% on reducing balance

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.

NHP SUPPLIES LTD (REGISTERED NUMBER: 12575630)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES

The average number of employees during the year was 16 (2024 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024 21,624
Additions 50,000
At 31 March 2025 71,624
AMORTISATION
At 1 April 2024 8,469
Charge for year 4,662
At 31 March 2025 13,131
NET BOOK VALUE
At 31 March 2025 58,493
At 31 March 2024 13,155

NHP SUPPLIES LTD (REGISTERED NUMBER: 12575630)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 32,497
Additions 97,112
Disposals (8,583 )
At 31 March 2025 121,026
DEPRECIATION
At 1 April 2024 21,353
Charge for year 11,929
Eliminated on disposal (8,583 )
At 31 March 2025 24,699
NET BOOK VALUE
At 31 March 2025 96,327
At 31 March 2024 11,144

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 23,199
At 31 March 2025 23,199
DEPRECIATION
Charge for year 2,320
At 31 March 2025 2,320
NET BOOK VALUE
At 31 March 2025 20,879

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 738,787 363,881
Other debtors 35,004 9,711
773,791 373,592

NHP SUPPLIES LTD (REGISTERED NUMBER: 12575630)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 21,667 21,667
Hire purchase contracts 4,638 -
Trade creditors 958,631 490,299
Taxation and social security 95,112 63,487
Other creditors 62,830 13,252
1,142,878 588,705

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 32,500 54,166
Hire purchase contracts 16,242 -
Other creditors 45,712 -
94,454 54,166

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 54,167 75,833
Hire purchase contracts 20,880 -
75,047 75,833

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £ £
100 Ordinary A 1p 1 1
100 Ordinary B 1p 1 1
12 (2024 - 11) Ordinary C 1p - -
12 Ordinary D 1p - -
2 2



11. OTHER FINANCIAL COMMITMENTS

The total amount of commitments, guarantees and contingencies is £412,513 (2024 - £247,223)

NHP SUPPLIES LTD (REGISTERED NUMBER: 12575630)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
Mr N A Spilling
Balance outstanding at start of year 271 271
Amounts advanced 113 -
Amounts repaid (312 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 72 271