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REGISTERED NUMBER: 11815847 (England and Wales)










Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Nicolas Painter Limited

Nicolas Painter Limited (Registered number: 11815847)






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


Nicolas Painter Limited

Company Information
for the Year Ended 28 February 2025







DIRECTOR: N Digregorio





REGISTERED OFFICE: 11 Stanton Drive
Fleet
United Kingdom
GU51 5EB





REGISTERED NUMBER: 11815847 (England and Wales)





ACCOUNTANTS: Gilroy & Brookes Accountants Limited
Suite 15
The Enterprise Centre
Coxbridge Business Park
Farnham
Surrey
GU10 5EH

Nicolas Painter Limited (Registered number: 11815847)

Balance Sheet
28 February 2025

2025 2024
Notes £    £   
CURRENT ASSETS
Debtors 4 1,422 6,230
Cash at bank 7,761 7,032
9,183 13,262
CREDITORS
Amounts falling due within one year 5 (11,844 ) (10,158 )
NET CURRENT (LIABILITIES)/ASSETS (2,661 ) 3,104
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,661

)

3,104

CAPITAL AND RESERVES
Called up share capital 6 1 1
Retained earnings (2,662 ) 3,103
SHAREHOLDERS' FUNDS (2,661 ) 3,104

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 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.

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 27 May 2025 and were signed by:





N Digregorio - Director


Nicolas Painter Limited (Registered number: 11815847)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Nicolas Painter 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.

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 asset is not recognised as it is not 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 1 (2024 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 50 -
Loans & Advances 1,049 5,577
Other debtors 323 -
Tax - 653
1,422 6,230

Nicolas Painter Limited (Registered number: 11815847)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 46 137
PAYE/NI liability - 339
Wages control account 1,290 1,048
Directors' current accounts 10,438 8,538
Accruals and deferred income 70 96
11,844 10,158

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
1 Ordinary £1 1 1

7. ULTIMATE CONTROLLING PARTY

The company is under control of N Digregorio.

8. GOING CONCERN

The director has confirmed that he will continue to give financial support to the company until such time as its position improves. In addition the director has confirmed that he will not recall his loans within 12months. The director consider that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustment that would result if the financial support was withdrawn.