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REGISTERED NUMBER: 08881089 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

DR NICK GROVES LTD

DR NICK GROVES LTD (REGISTERED NUMBER: 08881089)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DR NICK GROVES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTORS: Dr N D Groves
Mrs J E Groves





REGISTERED OFFICE: 7 Ffordd Mograig
Cardiff
Glamorgan
CF14 4NG





REGISTERED NUMBER: 08881089 (England and Wales)





ACCOUNTANTS: DAVID WRIGHT ACCOUNTANTS LIMITED
Unit 10
Bridgend Business Park
Bennett Street
Bridgend
Glamorgan
CF31 3SH

DR NICK GROVES LTD (REGISTERED NUMBER: 08881089)

BALANCE SHEET
28 FEBRUARY 2025

28/2/25 29/2/24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 410 -

CURRENT ASSETS
Debtors 5 122,470 113,768
Cash at bank 189,579 205,684
312,049 319,452
CREDITORS
Amounts falling due within one year 6 11,250 24,186
NET CURRENT ASSETS 300,799 295,266
TOTAL ASSETS LESS CURRENT
LIABILITIES

301,209

295,266

PROVISIONS FOR LIABILITIES 103 -
NET ASSETS 301,106 295,266

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 301,006 295,166
SHAREHOLDERS' FUNDS 301,106 295,266

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

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 12 June 2025 and were signed on its behalf by:



Dr N D Groves - Director


DR NICK GROVES LTD (REGISTERED NUMBER: 08881089)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025


1. STATUTORY INFORMATION

Dr Nick Groves Ltd 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 represents total treatments undertaken during the period.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

DR NICK GROVES LTD (REGISTERED NUMBER: 08881089)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2024 3,522
Additions 505
At 28 February 2025 4,027
DEPRECIATION
At 1 March 2024 3,522
Charge for year 95
At 28 February 2025 3,617
NET BOOK VALUE
At 28 February 2025 410

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28/2/25 29/2/24
£    £   
Trade debtors 17,267 13,346
Other debtors 105,203 100,422
122,470 113,768

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28/2/25 29/2/24
£    £   
Taxation and social security 9,692 22,567
Other creditors 1,558 1,619
11,250 24,186

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

28/2/25 29/2/24
£    £   
Dr N D Groves
Balance outstanding at start of year 94,395 96,434
Amounts advanced 80,635 129,666
Amounts repaid (75,853 ) (131,705 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 99,177 94,395