REGISTERED NUMBER: 00521144 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

FOR

Nuttalls (Plymouth) Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

Director:

D B Nuttall

Secretary:

Mrs A F Nuttall

Registered office:

Abacus House

129 North Hill

Plymouth

Devon

PL4 8JY

Business address:

25 Seymour Park

Plymouth

Devon

PL3 5BQ

Registered number:

00521144 (England and Wales)

Accountants:

Websters

129 North Hill

Plymouth

Devon

PL4 8JY

Fixed assets

Tangible assets

4

2,224

1,432

Investment property

5

700,000

700,000

702,224

701,432

Current assets

Debtors

6

1,356

1,219

Cash at bank

76,846

60,067

78,202

61,286

Creditors

Amounts falling due within one year

7

17,327

15,180

Net current assets

60,875

46,106

Total assets less current liabilities

763,099

747,538

Provisions for liabilities

8

57,491

56,742

Net assets

705,608

690,796

Capital and reserves

Called up share capital

9

6,000

6,000

Revaluation reserve

10

93,891

93,891

Capital redemption reserve

285,031

285,031

Retained earnings

320,686

305,874

Shareholders' funds

705,608

690,796

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 September 2025 and were signed by:

D B Nuttall - Director

1.	STATUTORY INFORMATION

Nuttalls (Plymouth) 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 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 investment properties.

Turnover

Turnover represents amounts due in respect of rents and service charges receivable, net of vat, adjusted for amounts in advance or arrears at the balance sheet date.

Tangible fixed assets

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

Equipment

-

15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Equipment

£

Cost

At 1 July 2024

2,293

Additions

1,469

Disposals

(943

)

At 30 June 2025

2,819

Depreciation

At 1 July 2024

861

Charge for year

392

Eliminated on disposal

(658

)

At 30 June 2025

595

Net book value

At 30 June 2025

2,224

At 30 June 2024

1,432

5.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 July 2024

and 30 June 2025

700,000

Net book value

At 30 June 2025

700,000

At 30 June 2024

700,000

The valuation was prepared by the director's estimate of fair value, at the balance sheet date.

Fair value at 30 June 2025 is represented by:

£

Valuation in 2022

47,050

Valuation in 2023

128,138

Valuation in 2024

(50,000

)

Cost

574,812

700,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

1,356

1,219

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

14,477

6,711

Other creditors

2,850

8,469

17,327

15,180

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

57,491

56,742

Deferred

tax

£

Balance at 1 July 2024

56,742

Provided during year

749

Balance at 30 June 2025

57,491

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

6,000

Ordinary

£1

6,000

6,000

10.

RESERVES

Revaluation

reserve

£

At 1 July 2024

and 30 June 2025

93,891

11.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed £2,000 to the director Mr D Nuttall.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is D B Nuttall.