| Registered number: 08704108 | ||||||||
| FOR THE YEAR ENDED 30/09/2024 | ||||||||
| Prepared By: | ||||||||
| Breckman & Company Ltd | ||||||||
| Chartered Certified Accountants | ||||||||
| 49 | ||||||||
| South Molton Street | ||||||||
| London | ||||||||
| W1K 5LH | ||||||||
| Nicoll Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 30/09/2024 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 08704108 | ||||||||
| ACCOUNTANTS | ||||||||
| Breckman & Company Ltd | ||||||||
| Chartered Certified Accountants | ||||||||
| 49 | ||||||||
| South Molton Street | ||||||||
| London | ||||||||
| W1K 5LH | ||||||||
| Nicoll Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED30/09/2024 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| Nicoll Limited | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2024 | 2023 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 3 | |||||||||
| Investment Assets | 4 | |||||||||
| CURRENT ASSETS | ||||||||||
| Stock | ||||||||||
| Debtors | 6 | |||||||||
| Current Asset Investments | 7 | |||||||||
| Cash at bank and in hand | ||||||||||
| 2,942,222 | 2,466,499 | |||||||||
| CREDITORS: Amounts falling due within one year | 8 | |||||||||
| NET CURRENT ASSETS | 2,096,442 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CREDITORS: Amounts falling due after more than one year | 9 | 1,954,890 | 1,918,350 | |||||||
| NET ASSETS | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 10 | |||||||||
| Profit and loss account | 394,832 | 261,001 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| Nicoll Limited | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 30/09/2024 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Depreciation | ||||||||
| Commercial Vehicles | straight line 20% | |||||||
| Equipment | straight line 50% | |||||||
| 1c. Stocks | ||||||||
| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
| When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. | ||||||||
| 1d. Investments | ||||||||
| Fixed asset investments are shown at cost less amounts written off. | ||||||||
| Provisions are made for permanent fluctuations in value. | ||||||||
| 2. EMPLOYEES | ||||||
| 2024 | 2023 | |||||
| No. | No. | |||||
| Average number of employees | 17 | |||||
| Nicoll Limited | ||||||||
| 3. TANGIBLE FIXED ASSETS | ||||||
| Commercial | ||||||
| Vehicles | Equipment | Total | ||||
| £ | £ | £ | ||||
| Cost | ||||||
| At 01/10/2023 | 127,950 | 8,397 | 136,347 | |||
| Additions | 51,340 | 19,075 | 70,415 | |||
| At 30/09/2024 | 179,290 | 27,472 | 206,762 | |||
| Depreciation | ||||||
| At 01/10/2023 | 49,593 | 3,847 | 53,440 | |||
| For the year | 30,681 | 3,818 | 34,499 | |||
| At 30/09/2024 | 80,274 | 7,665 | 87,939 | |||
| Net Book Amounts | ||||||
| At 30/09/2024 | 118,823 | |||||
| At 30/09/2023 | 82,907 | |||||
| 4. FINANCIAL ASSETS | |||||||||
| Shares in group companies | |||||||||
| and participating interests | Total | ||||||||
| £ | £ | ||||||||
| Cost | |||||||||
| At 01/10/2023 | 4 | 4 | |||||||
| Additions | 7 | 7 | |||||||
| At 30/09/2024 | 11 | 11 | |||||||
| Amortisation | |||||||||
| Net Book Amounts | |||||||||
| At 30/09/2024 | 11 | 11 | |||||||
| At 30/09/2023 | 4 | 4 | |||||||
| 5. STOCK | 2024 | 2023 | ||||
| £ | £ | |||||
| Stock comprises: | ||||||
| Stock | ||||||
| Nicoll Limited | ||||||||
| 6. DEBTORS | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | 224,067 | 685,476 | ||||||
| Other debtors | 1,403,701 | 838,420 | ||||||
| Prepayments | - | 39,957 | ||||||
| 1,627,768 | 1,563,853 | |||||||
| 7. CURRENT ASSET INVESTMENTS | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| Other investments | 1,234,824 | 862,059 | ||||||
| 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| UK corporation tax | 35,553 | 11,374 | ||||||
| VAT | 31,810 | 45,241 | ||||||
| PAYE control | 18,798 | 14,105 | ||||||
| Trade creditors | 72,371 | 44,462 | ||||||
| Other creditors | 550,887 | 238,620 | ||||||
| Pension schemes | - | 570 | ||||||
| Accruals | 1,913 | 15,685 | ||||||
| 711,332 | 370,057 | |||||||
| 9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| Loans >1yr | 1,954,890 | 1,918,350 | ||||||
| 1,954,890 | 1,918,350 | |||||||
| Nicoll Limited | ||||||||
| 10. SHARE CAPITAL | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 2 | 2 | |||||||
| 2 | 2 | |||||||